Fall StartUp Sprint
@ Rio Salado College
Start your small business NOW!
Rio Salado College, in partnership with Wells Fargo, is helping you launch your business with the Fall StartUp Sprint! Get the funds you need to get your startup launched!
Five (5) participants will be selected to join the Fall StartUp Sprint! If selected you will set up your LLC, register your Trade Name, apply for your EIN, and apply for your Sales Tax License at no cost to you, in 30 days!
We'll reimburse the cost/fees for setting up your LLC, Trade Name registration in Arizona, your EIN number, and your Sales Tax License.
Why Are These Steps Important?
An LLC for your business provides liability protection along with many other benefits.
A Trade Name certificate from the Secretary of State means that no one else in Arizona can use your business name.
A Transaction Privilege License or Sales Tax license is a great tool to have regardless of whether or not you plan to sell taxable merchandise. You can create tax-exempt certificates allowing you to easily purchase at wholesale. When you can prove that the items you purchased are for resale or used in the manufacture of the products you intend to sell, you can buy your cost of goods sold materials tax-free. If you are selling physical products, you'll need to collect sales tax, having your license allows you to submit those taxes.
An EIN number protects your identity! You will use it instead of your social security number for business transactions.
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How It Works
You will have 30 days to complete the following Fall StartUp Sprint tasks:
Create a small business startup plan telling us all about your business.
Meet with your StartUp Sprint Mentor
File your LLC paperwork, Trade Name certificate, EIN, and Sales Tax License.
Once you've taken the above steps, you'll submit receipts for payment for the Arizona Corporation Commission, Secretary of State, and Arizona Dept. of Revenue, approximately $120. We will issue a check to reimburse you for those fees.
Will I Get Help?
Yes, abolutely! You'll be assigned to a mentor who will discuss each of the StartUp tasks with you, help you navigate the process, and answer any questions you have about any small business related topic.
Rio Salado is here to be your one-stop support system as you navigate your entrepreneurial journey.
Click the link to enter for a chance to join the StartUp Sprint!
Open to All Rio Students (all majors are welcome)
The event is open to all students who are currently enrolled in a minimum of 3 credit hours at Rio.
How to Apply
Click on the Application button to submit your application. You will be required to upload the following documents so have everything ready before you begin your application.
Templates and Forms: (Scroll Down for Links)
Simple Business Plan
W-9
Marketing Release Form
Templates and Forms
Click on the links below, templates will open in a new window. Use the download icon in the upper right area of the page to download the blank template for use. **Save your documents with your name (First, Last) and the name of the document before uploading.**
📄 Simple Business Plan Template (pdf)
📄 W-9 (Link)
If you have questions, please reach out to Dr. Lily Davidov - lily.davidov@riosalado.edu