10 Mar Gov.’s Biz Plan Contest announces Phase 2 winners
Madison, Wis. – Sixty-five contestants from 34 communities across Wisconsin are competing in Phase 2 of the first Wisconsin Governor’s Business Plan Contest.
The contestants were selected from a field of 330 entries by a panel of judges selected by the Wisconsin Technology Council. WTC is producing the contest in conjunction with its membership subsidiary, the Wisconsin Innovation Network Foundation, and other statewide affiliates.
“We are very honored to be in this select group and we appreciate the WTC for starting this program because basically we were dragging our heels about our business plan,” said Mina Johnson-Glenberg, president of Neuron Farm, whose company advanced to Phase 2. “Having this competition made us focus and tighten [our business plan] … make it more professional and get it out on the market.”
The 65 contestants competing in Phase 2 of the contest are now writing summary business plans. The top 20 plans will move on to Phase 3, in which contestants will write a full business plan. Contest winners will be announced June 2 at the annual Wisconsin Entrepreneurs’ Conference in Milwaukee.
“It was reassuring [being selected for Phase 2] because we knew we had a strong and innovate product. It was confidence building and reassuring that leaders in the business community agreed with us,” Johnson-Glenberg said.
Phase 2 semi-finalists: