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Chipmaker Challenge: Pitch your plan, win a machine

Manufacturing Group | July 26, 2014

The Chipmaker Challenge gives new shops the chance to pitch their business plan, win a brand new machine, and control their future with their choice of a Hurco VMX42i mill or TM8i.

Chipmaker Challenge: Pitch your plan, win a machine

Chicago - How the Chipmaker Challenge works
There are two parts to the contest. The first part includes general questions that are located here. Once you finish the general questions below, click "Continue to part 2 (Submit Your Essay).” In order for your submission to be considered, you must complete both Part 1 and Part 2. Part 2 of the application includes your story and why/how you would benefit from winning a Hurco CNC machine. You can complete this second part by writing an essay or making a video – or both!

The applications will be reviewed using a rubric that scores how well each section of the application is answered. Please understand the rubric doesn’t include spelling, grammar, etc., it focuses on how completely you answered the questions.

Additionally, this contest is open to people who plan to start a business. Therefore, you will enter N/A to questions that don't apply (for example, "What were your gross sales last year?), and you must adapt your answers for other questions (for instance, the question that asks: "What products do you manufacture?" you would need to provide what product(s) you plan to manufacture).

After the online application period ends on Aug. 8, 2014, the top five submissions will be identified.

The five finalists must be able to travel to IMTS to appear on the live version of the Hurco Chipmaker Challenge where you will make your pitch and answer questions from the judges during the afternoon of Tues., Sept. 9, 2014.

The judges are not employed by Hurco Companies Inc., but have been identified for their knowledge of manufacturing, entrepreneurism, finance, and/or business.

The winner will be chosen based on the combined score of the judges, plus the vote totals received via social media and online.

The winner will be announced Tuesday, September 9, 2014 at IMTS.

The winner is responsible for the cost of shipping, rigging, and taxes that may be incurred. Consult your tax professional for specific tax ramifications of winning.

In addition to winning your choice of a Hurco VMX42i CNC mill or TM8i CNC lathe, you will win $10,000 worth of Hurco Bucks to be used for tooling, training, or other options/services Hurco provides.

Eligibility
The Hurco Chipmaker Challenge (the Challenge or Promotion) is open only to qualified individual persons who are employed by, or an owner of a manufacturing firm or a job shop that has been in business zero years to five years as of July 1, 2014. A participant must be a legal resident of the fifty (50) United States, the District of Columbia, and 18 years of age or older at time of entry. This promotion is not open to the general public. Employees of Hurco Companies Inc. (the Sponsor), their advertising or promotion agencies, those involved in the production, development, implementation or handling of the Promotion and any agents acting for, or on behalf of the above entity, their respective parent companies, officers, directors, subsidiaries, affiliates, licensees, service providers, prize suppliers, any other person or entity associated with the Promotion (collectively Released Entities) and/or the immediate family (spouse, parents, siblings and children) and household members (whether related or not) of each such employee, are not eligible. All U.S., federal, state, and local and municipal laws and regulations apply.

Void where prohibited by law. 

The legal stuff
By submitting your application for The Hurco Chipmaker Challenge, you acknowledge and agree that you are doing so solely for purposes of applying to and potentially being considered to be a participant in the Hurco Chipmaker Challenge and will not receive any compensation or credit for making a submission. BY APPLYING VIA THIS ONLINE APPLICATION, YOU ARE ACCEPTING AND AGREEING TO HURCO’S TERMS OF USE. You understand that your submission is not confidential nor submitted in confidence or trust and no confidential or fiduciary relationship is intended or created by making an email submission. By applying for The Hurco Chipmaker Challenge, you hereby release the Hurco Entities and their respective directors, officers, shareholders, members, employees, and licensees from any and all claims or liabilities relating to your email submission.

Source: Hurco

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