Business Plan Competition FAQ’s
Competition officials may award up to a total of $70,000 in Cash Prizes!
1st Place - $40,000
2nd Place - $20,000
3rd Place - $10,000
In-Kind: In-kind services donated by local businesses will also be awarded and are worth thousands of dollars in total.
How to Apply
The competition is made up of three phases. Phase I is the first entry point and consists of a two-page business overview along with the entry form which are due in early August each year.
Review Competition Guidelines
Review the guidelines to learn about the three different phases of the Business Plan Competition, the requirements at each phase, competition submission deadlines, and resources available to assist you throughout the competition.
- Complete the Entry Form & Business Overview Online
The Entry Form and two-page business overview are required as your initial entry into the business plan competition. Please view the form for additional details and instructions. Please complete the online form and upload your two-page business overview by August 8, 2022, at 5 p.m.
Please read below for full details on the Competition Overview, Guidelines, and eligibility requirements.