- Competition Organizer
Great Lakes Entrepreneur's Quest
- Submission Date
- Business Plan Submission Date
- Awards Date
- Total Prize Cash (US Dollars)
- Competition Category
- Business - Local U.S.
- Who's Eligible
At least member of each team must reside, work, or attend school in Michigan. Existing Michigan businesses may participate in the competition with their expansion or growth idea. There are two categories of competition: Those entering into the New Business Idea category must have less than 3 years of operations and less than $500,000 in cumulative revenues. Those entering into the Emerging Company category must have less than $3 million in cumulative revenues.
- Important Dates
The final deadline to register is March 28, 2012. Those teams in the New Business Idea category must submit an executive summary and those teams in the Emerging Company category must submit a 12-page business plan by May 14, 2012. Awards will be announced and presented on June 12, 2012.
- Competition Prizes
First, second, and third-place cash prizes range from $500 to $25,000 depending on category. The SmartZone Award is a $100,000 pre-seed investment. Innovation awards are also provided.
- Other Info
The Great Lakes Entrepreneur's Quest is a year-round educational program offering classes, training, coaching and mentoring to help entrepreneurs start, develop or accelerate a high-growth business.