Northeast Wisconsin Business Plan Contest

Goal - Encourage the preparation of business plans for starting businesses, making significant changes to existing businesses, or launching new products in northeast Wisconsin.

Why - Business plans are a critical tool in the proper planning and launch of new ventures and are the preferred mode of communication between entrepreneurs and innovators and potential investors. 

Who can enter – Individuals and companies that meet the contest's goal.

What types of plans are eligible – All business plans for new northeast Wisconsin businesses, new products or significant changes in existing businesses are eligible

Prizes – A total of $25,000 in prizes will be awarded with a top prize of $10,000.  Second place will receive $6,000, third will receive $4,000, fourth will receive $3,000, and fifth will receive $2,000.  The prize money must be used to put the business plan into action within one year of its receipt. 

Entry Information – Entries must be received by January 11, 2008.  Entries are to be submitted electronically.  Please refer to the "How to Enter" and "Contest Checklist" for all forms and further assistance in entering the contest.  All entries must be sent to: businessplancontest@workforceeconomics.org .

Results Announcement – March 7, 2008
Please Note:  The five final contestants are required to be available on March 7, 2008.  On March 7th the five finalists will make a 10-15 minute presentations about their business plan to a panel of judges as a part of the competition.  Final awards will be announced at a press conference after the presentations at 11:00 am.

Assistance -

• Our committee members and the economic development offices in our region will be responsible for answering questions and providing a list of resources who are experienced in the preparation of business plans. 

Judging – Contest judges will include individuals who are involved in entrepreneurial and business development activities.