<em>The 51³Ô¹ÏºÚÁÏ Center for Entrepreneurship's Southern Nevada Business Plan Competition 2010 Seeks Viable and Profitable Business Plans Focused on Jump-Starting The Economy</em>
LAS VEGAS--September 29, 2009--Aspiring entrepreneurs who have innovative business ideas that would help spur economic growth in the region are encouraged to enter The Southern Nevada Business Plan Competition. Sponsored by the 51³Ô¹ÏºÚÁÏ Center For Entrepreneurship and the Las Vegas Business Press, the competition begins this week and is open to residents 18-years old or older who live in Clark, Lincoln or Nye Counties. The first-place winner will receive a prize package valued at more than $50,000 which includes cash and business services to help start his or her business.
"The competition's goal is help revitalize the economy and inspire business people who may have a great idea but who didn't have the resources to execute the plan," said Steven Phelan, director for the 51³Ô¹ÏºÚÁÏ Center for Entrepreneurship at the college of business.
Applicants must first turn in a five-page executive summary by Oct. 23 detailing their business concept and strategies to finance and market their businesses. Each applicant will receive feedback from 51³Ô¹ÏºÚÁÏ business college professors on ways to improve their proposals. Ten semi-finalists, announced Nov. 23, must create a full-length version of their business plan with advice from 51³Ô¹ÏºÚÁÏ business college faculty and students.
Five finalists will be announced Jan. 11, 2010. Each finalist will receive $1,000 in cash and free office space valued at $3,000. The winner will be announced Jan. 22, 2010.
For entry rules, visit: <a href=". Individuals with business experience are needed to judge the competition. For more information, to donate prizes or to become a judge, call Steven Phelan at the Center for Entrepreneurship at (702) 895-2789 or e-mail steven.phelan@unlv.edu.
