GRAND RAPIDS, Mich.– The National Association of Credit Union Services Organizations (NACUSO) said it is accepting entries for the 2023 Next Big Idea Competition through Feb. 17.
The Next Big Idea Competition, which NACUSO describes as its version of the popular TV Show “Shark Tank” is now in its 11th year and is designed to showcase innovation, collaboration, and new solutions for our industry.
NACUSO said the competition will pay out $7,500 for first place, and $2,500 for second place, with the funds courtesy of Co-op Solutions.
“The competition provides a platform for visionaries to present their ideas and initiatives that will drive the movement forward; advancing the service and solutions provided by credit unions,” NACUSO said. “Contestants are encouraged to submit ideas or initiatives that meet the following criteria: improve earnings, enhance member service, deliver new products and services to members, and/or improve delivery channels to members. These initiatives can be at any stage in development such as early stage and in need of investment, ready to be delivered, or already in motion currently growing and changing the industry.”
NACUSO said the selection committee will select finalists to compete and by March 1st all entries will be notified of their competition status.
Where Competition Will Occur
The Next Big Idea Competition will be held in-person at the NACUSO Network Conference on March 28 at the Wynn Las Vegas Resort. The chosen contestants will get to present followed by questions from our guest judges. At the end of the presentations, the audience will vote to instantly select the first and second place winners of NACUSO’s 2023 Next Big Idea Competition.
The first-place winner will also secure a presentation spot at the 2023 NASCUS State System Summit in Nashville, August 2023.
To submit an idea or review important information related to the 2023 Next Big Idea Competition, go here.
Still Free in ’23! The Freshest CU Headlines. Right to Your Inbox.
The biggest, best and freshest news reporting in credit unions remains free in ’23! Each morning CUToday.info delivers its daily update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more.
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.
And did we mention it’s free?
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com.