2010 North of Boston Business Plan Competition Entry Deadline Is January 28th

$5,000 first prize

SALEM, Mass., Jan. 6 /PRNewswire-USNewswire/ -- The deadline is quickly approaching for entrepreneurs to enter the 2010 North of Boston Business Plan Competition. First prize this year is $5,000, all entry forms and executive summaries must be delivered to the Enterprise Center at Salem State College no later than 5:00 p.m. on January 28, 2010 in order to be eligible for the 2010 competition. The actual business plans are due February 26 by 5:00 p.m. All entry forms, eligibility requirements and other information can be found at www.enterprisectr.org/bpc

The North of Boston Business Plan Competition is put on by the Enterprise Center, a small business growth center for entrepreneurs. The competition is designed to find companies that are less than three years old and plan to grow to at least five employees in the next two years. In order to be eligible the business must commit to locate in Essex County, MA or the Merrimack Valley of MA. The majority of judges in the competition are early stage investors and bankers.

A $5,000 Grand Prize will be awarded for the best business plan, as well as a second place prize of $3,000, and third place prize of $2,000 after the finalists present their plans at the competition finale on April 12.

Platinum Sponsor -- Eastern Bank; Gold Sponsor -- Danversbank; Silver Sponsors -- Apredica, Burns & Levinson, LLP, Differential Proteomics, North Shore Bank, North Shore Technology Council, Salem Five; Media Sponsor -- Salem Evening News.

Co-sponsors of the 2010 competition include the 128 Innovation Capital Group, Amesbury Chamber of Commerce, Bertolon School of Business, Salem State College, Beverly Chamber of Commerce, Cape Ann Business Incubator, Cape Ann Chamber of Commerce, Creative Economy Association of the North of Boston, Greater Haverhill Chamber of Commerce, Greater Lowell Chamber of Commerce, Greater Newburyport Chamber of Commerce, Homebased Businesswomen's Network, Ipswich Chamber of Commerce, Lynn Area Chamber of Commerce, Marblehead Chamber of Commerce, Merrimack Valley Chamber of Commerce, North Shore Chamber of Commerce, Peabody Chamber of Commerce, Salem Chamber of Commerce, Salem State College Alumni Association and the Small Business Development Center at Salem State College

For information about the 2010 North of Boston Business Plan Competition, including details on how to enter, visit www.enterprisectr.org/bpc or call (978) 542-7528.

SOURCE Enterprise Center at Salem State College

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