Sunday, January 20, 2008

Do You Need Money To Help Start Your Own Business?

Here is yet another program that is awarding money to those that want to start their own business but are lacking in the funds to do so:

The deadline to apply for this is

January 28, 2008

Maximum Award - $20,000.

There are a number of secondary money awards as well.

In its 2nd year this program has been underwritten by the Govenor of the state.

This funding program is offered to show new entrepreneurs that the state is serious about helping business, creating opportunities and proving to people that they can have any future they desire right here at home in their own home state (instead of leaving their own home state and looking elsewhere).

In addition to cash awards this program will bring people with new business ideas together with judges and other invited guests who have business development experience and several who have a capacity to make venture investments.

In order to apply, applicants must submit a written business plan. The judges give heavier weight to business opportunities that would advance the state's employment or business base. Existing businesses may apply only if the proposed opportunity is a significant departure from their previous business and if the monetary award would significantly advance the execution of the opportunity. Previous winners may not apply again for the same idea. The focus of this program is on the business plan or business model and is not limited to technology entries.

Applications must be postmarked by Jan. 28, 2008.

For more information about this program you can contact the state's office by phone or you can visit their website where you can also download their application.

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