Finalists compete in business plan competition

Posted on Mar 15, 2011 :: Insight on Business, Web Exclusive.
Posted by of Insight Publications

Five finalists will present their business plans Monday as part of the Northeast Wisconsin Business Plan Competition.

The five finalists, who will give 15-minute summaries of their business plans to a panel of judges, are Athletic Recruiting Consultants of Winnebago County; Bread Street of Winnebago County; The Docking Station of  Brown County; Going Places Family Hair Care & Tanning of Brown County; and RagSpun of Fond du Lac County.

The winner will be announced next Monday. A total of $25,000 in prizes will be rewarded, including $10,000 for first place. All prize money must be used toward implementing the business plan within one year.

Business plans are a critical tool in the proper planning and launch of new ventures and are the preferred mode of communication between entrepreneurs, innovators and potential investors. The goal of the Northeast Wisconsin Business Plan Competition is to encourage the preparation of business plans for start-up businesses, significant changes to existing businesses, or launching new products in northeast Wisconsin.

The contest is organized and sponsored by the Northeast Wisconsin Regional Economic Partnership.