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The Motivated Entrepreneur Business Plan Competition!
Get ready to strap on your practical thinking cap, it is time to get those business ideas organized and developed into a business plan. It is time once again for the annual Motivated Entrepreneur business plan challenge! Do you think you have what it take to win?
There will be three winning entries. First place receives $500 and 3 hours of Incubation Consulting (a $300 value), second place receives $100 and 2 hours of Incubation Consulting and third place receives $50 and 2 hours of Incubation Consulting.
In addition all three top entries along with the names of the top five entrants will be published in an article on the Motivated Entrepreneur website, as well as throughout the worldwide Internet community.
This is a great chance to receive free promotion, useful feedback and free consultation advice for your business! In addition if your plan is chosen as a winner it could be eligible for the Motivated Entrepreneur Investment program, which could be worth up to $5,000 in start-up funding!
Rules:
This competition is for new business concepts or start-up companies that have been operating for less than 2 years.
All entries must be in font size 10-12
Executive summaries must be two pages in length. All documents must include current contact information: Company Name, Contact Name, Phone Number and Email address.
All plans should be less than 30 pages in length. The plan must address every aspect of the business, target markets, sales approaches, its potential for significant capital appreciation and attractiveness to investors,etc.
Summary financial data should include a cash flow statement, income statement, balance sheet, and funds required/used. Include an explanation of the offering to investors indicating how much money you want, the expected ROI. Also, delineate the possible exit strategies.
Place as much effort as possible into the development of these entries in order to receive a worthy review.
Entering the contest:
To enter the contest you should send an email to
Director@motivatedentreprneur.com stating your name and any other members of your team.
We will then send you a confirmation email.
Entries are due August 15, 2005. The winners will be announced September 5th on
www.MotivatedEntrepreneur.com. Contest winners will be notified prior to posting on the website.