West Des Moines New Beginnings Entrepreneur Competition 2010

Website

http://www.wdm-ia.com/Index.aspx?page=945

Competition Organizer

The City of West Des Moines and Mid Iowa Small Business Development Center along with the U.S. Department of Housing and Urban D

Submission Date

11-30--0001

Awards Date

11-30--0001

Competition Category
  • Business - Local U.S.
Who's Eligible
 A start-up, or a business in operation less than four years, located in West Des Moines, IA or be willing to relocate to West Des Moines, IA. The business owner must have total gross household income of less than 80% of the Area Median Income and meet other eligibility income guidelines established by the U.S. Department of Housing and Urban Development.
Important Dates

 

Application and business plan submission deadline is July 1, 2010. A panel of judges will invite the highest scoring candidates to present their business plan before them in mid August.  Awards will be presented in the fall.

 

Competition Prizes

$25,000 for first place, $15,000 for second place, and $10,000 for third place.

Other Info

Winners must agree to enter into a legally binding contractual agreement with the City of West Des Moines requiring the business to be located in the City within six months of the award and remain there for five years.