Thursday, December 22, 2011

Ben Franklin Technology Partners' $50,000 Business Plan Contest

Could you use $50,000 to develop your big idea into a business?

The Ben Franklin Venture Investment Forum, in partnership with Ben Franklin Technology Partners of Central and Northern PA, are holding their BIG IDEA Business Plan Contest. This contest is for tech-based start up companies who want to further develop and grow a business in the 32-county footprint served by the program in Pennsylvania.  The grand prize winner will receive $50,000.

To qualify for the contest, you must meet the following qualifications:

    •    be located in one of the 32 counties served by the program (see a list of eligible counties here);
    •    have a new, marketable business idea that includes a commercialization plan;
    •    have no significant sales if a product has already been developed;
    •    have fewer than 50 employees if a company has been formed; and
    •    have not received previous Ben Franklin funding.
The deadline for applications is February 29, 2012.

For more information, description of rules, entry forms, and FAQs visit

Preferred industry sectors include, but are not limited to, nanotechnology, green technologies, alternative energy, advanced manufacturing, advanced materials, information technology, and software.

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Funded in part through a cooperative agreement with the U.S. Small Business Administration.