Business Plan Competitions

Updated 8/11/11:

AMAZON Web Services just launched a GLOBAL Business Start-up Challenge!  Enter for your chance to win $100K for your start-up! 

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Starting a business is hard work.  It can be physically, emotionally, and even financially draining.  One of the best ways to obtain start-up funds to get your business off the ground, and ease the burden on your wallet, is through ‘Business Plan Competitions’.  These types of contests are hosted by many Business schools, large corporations and nonprofit organization, as well as state funded.  One of the easiest ways to search for a competition in your area, as well as nationwide and global ones is by checking out BizPlanCompetitions.  They list a variety of competitions and you can search for ones in a specific state/region, or by type.  This website is especially helpful for those of you who are not enrolled in a Business school, which usually provide lists of competitions their students may be eligible for.

Many of these business plan competitions offer monetary rewards as well as assistance with business development.  Aside from winning “free” money you may also receive resources for your business such as office supplies, classes, marketing assistance, and exposure for your business.  You should check out the list of competitions you are eligible for and give them a try, you never know.