Wanted: Applications to Business Plan Competition for Nonprofit Organizations

Nonprofit organizations seeking to start or expand profit-making business ventures may enter the Third National Business Plan Competition. The deadline for entry is July 16, 2004. Four grand-prize winners will each receive $100,000 and four semi-finalists will each receive $25,000, along with many hours of technical business planning assistance. All entrants will receive comprehensive feedback from our team of evaluators. Entry process page.

Only organizations with U.S. headquarters that are tax-exempt under Section 501 (c)(3) of the Internal Revenue Code may apply. Organizations may enter if they are in the planning stages of an earned-income business venture, or if the venture has been in operation for no more than two years as of July 16, 2004. The venture may be a nonprofit subsidiary, a for-profit subsidiary, or a program of the nonprofit organization. Full eligibility rules.

To learn about the winners of the First and Second National Business Plan Competitions, check out the 2004 Winners and 2003 Winners pages. Visit the Nonprofit Ventures Website frequently for continuous updates to the online Resource Center with current research, articles, and books on the subject of nonprofit enterprise and social entrepreneurship.