21 Feb Eau Claire business-plan contest opens
Eau Claire, Wis. — The Eau Claire Area Economic Development Corporation‘s annual business-plan contest is starting up again, offering cash awards of up to $10,000 to the best business ideas from Eau Claire County.
For interested entrepreneurs, the EDC is holding a business planning seminar on March 29. Then entrants in the Creating Your Own Business Contest will have until May 26 to prepare their applications.
Businesses judged to have the best plans, management teams and potential will receive awards in several categories: businesses in operation two years or less that are expected to employ a large number of people, “micro-businesses” likely to remain small, and youth businesses.
The contest has been run since 1986. The EDC says it has given out $106,000 in cash awards and $246,000 in low-interest loans.