Million Dollar Idea Competition 2011


Registration closes; Entries due


Competition Organizer

Next Level Solutions Venture Capital

Submission Date


Awards Date


Total Prize Cash (US Dollars)


Competition Category
  • Business - All U.S.
Who's Eligible
Open to adults over the age of 18 who are legal US residents. The Contest is intended primarily for new, independent ventures in the seed, start-up, or early growth stages.

There is a $50 entry fee.
Important Dates

All entries are due at the close of registration on December 30, 2011. The winners will be announced at a formal awards ceremony held in conjunction with the National Small Business Week 2012 in Washington, DC.

Competition Prizes

Grand Prize: $1,000,000 in equity financing by NLS Venture Capital

First Prize: $50,000 grant

Second Prize: $25,000 grant

Third Prize: $5,000 grant

Other Info

The Contest is comprised of three rounds of judging. After a round of judging by business experts, one hundred semi-finalists will move on to a second round. Moving to the second round entitles the selected participants access to invitation-only events to broaden the participant’s network in the larger entrepreneurial community. The second round of judging will identify twenty finalists, all of whom will have their plans reviewed by investors. The final round of judging will identify at least eight cash prize winners, one of whom will have the opportunity to receive one million dollars in equity financing.