The St. Louis County Economic Council's 2012 St. Louis Regional Business Plan Competition is underway. The competition includes $100,000 in prize money and Macoupin County entrepreneurs are invited to take part.
"We have so many innovative entrepreneurs in Macoupin County. I hope our start-up businesses will submit their plans," said Shari Albrecht Executive Director of Macoupin Economic Development Partnership.
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To participate, applicants must complete and submit an online application and an agreement and statement of certification by 5 p.m. on June 4. The necessary forms are available at
www.slcec.com/business-plan-competition.html.
The top three winners receive cash awards totaling $100,000. Cash prizes are accompanied by valuable in-kind professional services (accounting, legal, marketing, mentoring).
The competition encourages plans for new businesses and early stage companies.
Judges will rely on the following criteria in judging the business plans: Innovative nature, creativity; feasibility and marketability; funding; quality of product or service; growth potential; adaptation to change; strength of management team; and internal organization.
To learn more about the competition, visit www.slcec.com/business-plan-competition.html.
Source: St. Louis American, March 8, 2012
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