SBDC at UW-Green Bay among sponsors for NE Wisconsin Business Plan Contest

The Wisconsin Small Business Development Center (SBDC) at UW-Green Bay, along with several other entities, is a sponsor for the 2014 Northeast Wisconsin Business Plan Contest, hosted by the Northeast Wisconsin Regional Economic Partnership (NEWREP).

Now through Dec. 31, interested parties can submit their ideas for a new business or to help grow an existing business in Northeastern Wisconsin. First prize is $5,000 cash; second and third place also receive cash awards (a minimum of $1,000). Participants’ business must be located in Northeastern Wisconsin, either in one of the 18 counties in the New North region or in Forest County.

Individuals who are interested in applying for the contest must complete the registration process and submit a 250-word maximum Business Concept Statement no later than Dec. 31. The statement must cover the product/service description; customer definition; market opportunity and sales strategy; and competition. Participants must have an iStart account, which can be created by clicking the “Log In/Register” button on the contest homepage: http://newi2014.istart.org.

Participants who pass the contest application round will be invited to participate in the full business plan judging round, with full plans due by Jan. 11. The top three entrants will compete for the $5,000 first prize in an elevator pitch competition at 10 a.m. Friday, Jan. 30.

Interested parties who have questions, or who would like to find their local economic development professional for business planning assistance, can contact SBDC at UW-Green Bay Director Ryan Kauth at sbdc@uwgb.edu or (920) 496-2117.

The major sponsor for the 2014 Northeast Wisconsin Business Plan Contest is New North. In addition to the SBDC at UW-Green Bay, other sponsors include Wisconsin Public Service, McCarty Law, Northeast Wisconsin Technical College, First Business Bank, Fox Valley Technical College Venture Center, Goodwill Industries of North Central Wisconsin, the East Central Wisconsin Regional Planning Commission and the SBDC at UW-Oshkosh. More information is available at http://newi2014.istart.org.

The Wisconsin Small Business Development Center (SBDC) at UW-Green Bay is part of a statewide network of SBDCs working with business owners and entrepreneurs to facilitate business growth and improvement, and to launch successful new companies. Through no-cost consulting, low-cost entrepreneurial education, and strategic facilitation, SBDC experts serve as resources for small and emerging mid-size companies. The Wisconsin SBDC is hosted by the University of Wisconsin-Extension and is funded in part through a cooperative agreement with the U.S. Small Business Administration.

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