Business plans are a critical tool in the proper planning and launch of new ventures and are the preferred mode of communication between entrepreneurs, innovators and potential investors, according to an FCEDC press release.
The goal of the competition is to encourage preparation of business plans for startup businesses, significant changes to existing businesses, or new products in northeast Wisconsin. The first-place winner will receive $10,000; followed by $6,000 for second, $4,000 for third, $3,000 for fourth and $2,000 for fifth.
Upon entering the contest, contestants sign an agreement assuring that contest award funds will be invested in the business within a year. Past finalists of the contest overwhelmingly agree that the contest was valuable for their business.
More than 93 percent indicated that they would recommend other start-ups to enter the competition. Last year's finalists were: VibeTech Inc., Door Landscape and Nursery, Hilde's Deli and Bakery LLC, Bill-Ray Home Mobility LLC, and Big Bubble Cup.
Deadline to enter is Jan. 10. Read More Visit the website ... For the latest updates PRESS CTR + D or visit Stock Market news Today
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