Big prizes in this contest. The Minnesota Cup — a business plan competition in the land of 10K lakes has doubled its prizes. Winners gets 50K in cash! From the Pioneer Press:
The Minnesota Cup, a statewide contest that promotes innovative business ideas, has doubled the prize money it will award its top three winners this year.
The top three entrants will receive $50,000, $10,000 and $5,000 respectively, cup officials said today. The top student entrepreneur will receive $5,000 in prize money.
The contest will accept business idea submissions starting today through May 23 online at www.minnesotacup.org. The Minnesota Cup, which is sponsored by the University of Minnesota, Wells Fargo Bank, the state of Minnesota, the James J. Hill Reference Library and others, has attracted 1,800 contestants since its inception in 2005.