Wednesday, September 22, 2010

The 2010 Launch Business Competition





What is LAUNCH? 
LAUNCH was started with the cooperation of the area Business Assistance Centers, Chambers of Commerce and Economic Development Councils.   A competition is being held to promote new business ideas in the Tri-County area.  The competitors must have a "new buisness idea" that is ready to launch. They are invited to enter the second annual LAUNCH Business Plan Competition. 

How does LAUNCH work?
The 2010 Launch Business Competition will include a preliminary round and culminate in a final round where the best business concept will be selected.  All contestants who present their plans in the preliminary rounds will receive feedback and suggestions from the panel of judges.  Those advancing to the final round will be eligible for the grand prize consisting of a cash award plus free consultancy services from a variety of professional areas of importance to start up businesses.

The application deadline for all contestants was September 7, 2010.  Applications will be reviewed by a panel and contestants then assigned to one of the preliminary round locations. 

There will be two semi final rounds – one in Morton on September 28th and one in Pekin on September 30th.  At each semi-final, six entrepreneurs will present new business concepts.  Three entries from each of the semi-finals will move on to the finals in Peoria on October 8th.  There the six finalist will compete for the top prize of $5,000 plus consulting services.

The Pekin semi-finals will be on Thursday, September 30th, from 1:00pm to 4:00pm at the Pekin Public Library.  All of the presentations are open to the public.

You can find more at www.launchnewbiz.com

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