NEWPORT BEACH, CA (January 26, 2023) — The National Association of Credit Union Services Organizations (NACUSO), the only trade association focused on growing and protecting the CUSO movement, is accepting entries for the 2023 Next Big Idea Competition through February 17, 2023.
The Next Big Idea Competition, our version of the popular TV Show “Shark Tank” is now in its eleventh year. This event was designed to showcase innovation, collaboration, and new solutions for our industry. We are excited to announce another year in which prize money will be awarded — $7,500 for first place, and $2,500 for second place 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. 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.
A selection committee will select finalists to compete, and by March 1st all entries will be notified of their competition status. The Next Big Idea Competition will be held in-person at the NACUSO Network Conference on Tuesday, March 28, 2023, 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, visit www.nacuso.org/conferences/
The National Association of Credit Union Service Organizations (NACUSO) is a leading advocate for the credit union movement, dedicated to advancing innovation, collaboration, and sustainability within the industry. With a diverse membership representing a wide range of credit union service organizations, NACUSO is committed to driving positive change and empowering credit unions to thrive in a dynamic financial landscape.
Shawna Luna
Head of Sustainability
shawna@nacuso.org
