Entrepreneurs, fire up your ambition. The Missouri Alliance for the Development of Entrepreneurship, or MADE, has opened its third MADE In Missouri State Entrepreneurship Competition.
Besides the competition, new and aspiring businesses receive educational and technical assistance. The winners receive grants to help expand their businesses.
Participants start by answering a questionnaire and are provided with tips on how to make their businesses better in the first round. Those who advance to the final round will develop business plans and provide brief business pitches to judges in a simulated investor scenario.
Finalists present their finished business plans, products and services on Aug. 16 at the Missouri State Fair.
Grants will be awarded as startup or operating capital to winners at the fair. Judging at all levels will take place behind closed doors, and all information is regarded as confidential.
Brent Woodside, of Sedalia, took the first-place honor last year at the fair. His idea was Sketch You as a Fantasy Character.
He creates sketches of fantasy characters, then superimposes images of customers into those sketches. His website is sketchyouas.com.
This year’s competition registration is open to any potential business owner or current business owner in Missouri that has been in operation three years or less.
There are Youth and Open categories for participation, and people considering going into business for the first time are welcomed.
Participants do not have to be in business yet to compete.
Application material is online at http://www.mvcaa.net/index.cfm?Page=MADE with a first-round submission deadline of May 31. Submissions by mail must be postmarked by May 31, and those by email must be sent by 5 p.m.May 31.
For more information call Cheryl Zimny at 660-886-7476, ext. 816. The email address is: Made.firstname.lastname@example.org.