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News
John
Pappajohn Iowa Business Plan Competition Deadline Approaching
Posted 11 March
2010
The deadline for
entry into the 2010 John Pappajohn Iowa Business Plan Competition is
just around the corner. New and start-up businesses (in business for
fewer than four years) are eligible to enter the competition for the
chance to win up to $25,000.
The deadline for the first round of the competition is April 30. For
this round, applicants are required to submit business plan information
via AngelSoft. A link to the AngelSoft submission page is available at
the competition Web site, www.IowaBusinessPlanCompetition.com.
Based on the information submitted in the first round, judges will
select and contact businesses to submit full business plans. The
selected businesses will be contacted May 12 and must submit full
business plans through AngelSoft by June 30. The business plans will be
reviewed, and seven to 10 companies will be selected to present their
business plans to the judges. These businesses will be contacted the
week of July 27 to schedule presentation times. Presentations will take
place Sept. 9.
After presentations are completed, three finalists will be notified.
Each finalist will prepare a 15-minute presentation to be given at the
Iowa Venture Capital and Entrepreneurs Conference (IVCEC) in Des Moines
on Oct. 5. Winners will be announced following the presentations.
The John Pappajohn Iowa Business Plan Competition is designed to
stimulate business development and provide support for outstanding
business plans. This year a total of $50,000 will be awarded to the
top-three submitted business plans ($25,000 for first prize, $15,000
for second and $10,000 for third). Honorable mention and $1,000 will be
awarded to additional companies.
Assistance with business plan entries is available at the Iowa John
Pappajohn Entrepreneurial Centers located at Drake University, Iowa
State University, North Iowa Area Community College, the University of
Iowa and the University of Northern Iowa; the Small Business
Development Centers throughout the state; and the business accelerators
in Ames, Cedar Rapids, Davenport, Dubuque, Iowa City, Red Oak and Mason
City.
The John Pappajohn Entrepreneurial Centers provide entrepreneurial
education and business support, partnering with agencies like the Small
Business Development Center (SBDC), the Iowa Department of Economic
Development (IDED), Entrepreneurial Development Centers (EDCs) and
local entrepreneurs to assist with funding and other business needs.
Rules, eligibility, timelines and assistance information are available
at www.IowaBusinessPlanCompetition.com.
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