GLEQ looks for next hot start-up with biz plan competition

Thursday, October 30, 2008 | Source: metromode
It's not quite American Idol or America's Next Top Model but the Great Lakes Entrepreneur’s Quest is searching for the next hot thing in the world of Michigan's new economy start-ups.

GLEQ is holding a statewide business plan competition for this fall and the deadline to enter is Friday. Companies in the idea stage or established firms can compete. The companies should be based in new economy industries, such as alternative energy, software design and life sciences.

The competition will offer training, coaching and investor feedback for budding entrepreneurs in the tech field. Winner receive a few thousand dollars in start-up capital with no string attached. The first phase focuses on executive summary of the new business idea and what competitors might emerge once it's successful.

The executive summaries are due on Dec. 5 and the winners will named on Jan. 22. For information, call (734) 527-9151 or send an email to diane@gleq.org.

Source: Great Lakes Entrepreneur’s Quest
Writer: Jon Zemke
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