High Five FAQs
Have a question? We’ve got answers below from how often you can vote to what makes a good submission. Have you skimmed the FAQs and didn’t see what you’re looking for? Help us out. Email your question to info@fortyacresenterprises.com.
On Winning
How do I win $5,000?
The top five ideas, based the host committee’s decision, will present at the High Five pitch after submissions close. Once you present, the judges at the event will decide which creator will get the money.
The $5,000 award is solely decided by the judges.
Does any idea Submitted win money?
No, the $5,000 grant is decided solely by the judges once all of the presentations are heard.
Can the $5,000 be a donation to a non-profit organization?
Not really. High Five was created for for-profit ideas only. Judges want each presenter to use the $5,000 to move his or her idea forward, even if it’s a small move. If it appears the grant will be donated to the general fund of a non-profit, that presenter will not be chosen as a winner.
On Judging
What are the judges looking for?
Judges are looking for somebody with a really smart idea and a strategic next step that idea can take with a little money. Usually, they’ll gravitate toward ideas that have capacity to grow.
How are the judges chosen?
Judges are selected by event hosts from a diverse group of community stakeholders.
On Submitting an Idea
how do I get the opportunity to present my idea?
The host for the individual event forms a committee to make the final selection on which five ideas will present.
What's the deadline to submit?
The deadline to submit ideas is September 6, 2022.
When will I find out if I am chosen to present my idea?
If you are chosen by the host committee to present your idea, you will be notified by email or phone within 48 hours from when submissions closed. Submissions that are not chosen to present will not receive an email notification.
Does Forty Acres House of Cannabis choose who presents?
No. The host for the individual event forms a committee to review ideas and make a final decision as to which five ideas will be presented. It is up to the discretion of that host committee which five ideas will be presented.
What if I miss the deadline?
Any idea submitted after the deadline is automatically in the running for the next event.
If I submitted my idea once, do I have to submit it again?
If your idea was not chosen the month that you submitted it, you must resubmit the idea for any future month.
How do I apply/submit an idea?
The only way to submit an idea for High Five is through the application form on highfive.fortyacresenterprises.com.
I'm having trouble submitting my idea. What should I do?
If you are experiencing a submission loading error, it could be one of the following issues causing the problem:
1) What browser and version are you using? highfive.fortyacresenterprises.com is supported on the latest two versions of Internet Explorer on Windows, the latest versions of Chrome and Safari on Windows and Apple OSX, and the latest versions of Chrome and Safari on Android and Apple devices.
2) Have you tried clearing your browser’s cache?
3) Have you double checked the vote page to make sure your idea was not submitted?
If you are still having troubles submitting your idea after you have eliminated the circumstances above, please email info@fortyacresenterprises.com to let us know that you are experiencing submission errors, and we will be happy to help!
On Cheating
Can an idea be disqualified?
The hosts of High Five reserve the right to disqualify any proposal for any reason at any time.
On What Makes a Good Idea Submission
How should I describe myself?
Keep it simple. Where do you come from and what do you do? Is there relevant experience you bring to your project? Do you have past successes which support your chance to be successful with this idea?
How should I describe my idea?
It should be simple and concise, but well thought out. How is it different than what exists on the market? What are possible road blocks?
How should I describe my idea's impact?
First, explain the problem that you are solving. Then explain your solution to the problem. Finally, describe the size of the problem and the number of people you think would pay for your solution.
How should I describe what I'll do with $5,000?
A good presenter has a smart way to use $5,000 to get traction. A proposal to add the $5,000 to a general operations budget will be dismissed.
Good
Hiring a designer to develop a prototype of a website
Bad
Raising money for a $100,000 e-commerce project
Good
Down payment for a lease on a new retail space
Bad
Purchasing a new building
Good
Bringing in a specialist to develop a new summer camp program
Bad
Donation to a non-profit summer camp