Friday, November 27th, 2009 – 11:59pm
All application and submission due For more information see “Submission Information”Thursday, December 3rd, 2009
Finalists invited to presentFriday, December 4th, 2009
Press announcement for finalistsFriday, December 11th, 2009
East 2 West: The Nebraska Business Plan Competition 12:30pm – Presentations begin 5:30pm – Reception begins 6:30pm – Winner announced
For inquiries contact:
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Award & Prize Details
The seven finalists will be competing for an equity prize of $50,000 to start or expand their business.
The prize will be awarded by Invest Nebraska in exchange for an equity stake in the proposed business. The size of Invest Nebraska's stake will be decided though negotiations with the owner/s after the competition, but is not to exceed 49%.
Upon entering negotiations with Invest Nebraska, the winner must agree to cooperate to the fullest of his or her ability in order to facilitate Invest Nebraska's due diligence. This may include, but is not limited to, providing professional references and authorizing a background check.
If the parties should fail to come to an agreement that is acceptable to both parties, or if Invest Nebraska should perceive that the competition winner has failed to negotiate in good faith, Invest Nebraska reserves the right to opt out of investing in the winning business. In that case, the runner-up of the Southeast Nebraska New Venture Competition shall automatically be considered as a potential candidate for the prize money.