After three rounds of judging, the finalists for the 2014 Wisconsin Governor’s Business Plan Contest have been announced, with nearly half of the 13 finalists coming from the Madison area. The Madison area finalists include: Elucent Medical, Spectrom, Little Green Pencil, MobCraft Beer, WebRacing, and Digsite.
The finalists are competing for over $100k in prizes and will present at the Wisconsin Entrepreneurs’ Conference in Madison, which runs from June 3-4. For more coverage on the Governor’s Business Plan Contest, go here. For more info on the Wisconsin Entrepreneurs’ Conference, go here.
The 11th annual Wisconsin Governorâ€™s Business Plan Contest is accepting entries online for the 2014 competition now through Jan. 31, 2014.
The contest is designed to encourage entrepreneurs in the seed, startup and early growth stages of high-tech businesses in Wisconsin. The contest links up-and-coming entrepreneurs with a statewide network of community resources, expert advice, high-quality education, management talent and possible sources of capital. It also leads to valuable public and media exposure for the top business plans and helps spur economic growth in the state. Finalists will share in more than $100,000 in cash and in-kind prizes.
Since its inception in 2004, more than 2,600 entries have been received and about $1.7 million in cash and services have been awarded. Past finalists have launched companies that have attracted at least $70 million in grants, loans and private equity financing. View more about the 2013 contest and winners here.
For more information and to apply, go here.
Madison based NitricGen, Inc took first place in the 2013 Governor’s Business Plan Contest. NitricGen designed and patented a device that produces nitric oxide from room air which is used to treat chronic foot ulcers, a serious complication of diabetes. The awards were announced at the Wisconsin Entrepreneurs Conference. Winners share a total of $200,000 worth of cash and business services. NitricGen won the Life Sciences category of the contest and the other category winners were:
Advanced Manufacturing: V-Glass
Business Services: Balanz
Information Technology: Gristmill Studios
More information on the contest is available here.
The Madison area is well represented in the finalists for the 2012 Wisconsin Governor’s Business Plan Contest. Fourteen of the 25 finalists are based in the Madison area, multiple of which are also Capital Entrepreneurs members including Fishidy.com and Style Shuffler. These 25 finalists were chosen out of 248 initial applicants and are competing for $200,000 in cash and in-kind prizes.