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Youths' Business Ideas Could Win Cash

A business competition will showcase high school entrepreneurs and reward the best of them with some cash.

The Quick Pitch Biz Competition asks high school students to submit their existing business or business idea. A panel of judges will then determine which are the most viable, and the top six will win cash prizes, including $2,000 and a trip to Ernst & Young’s entrepreneur of the year award ceremony in Kansas City, Mo., on June 5.

"This is an opportunity for the (University of Iowa) to support young entrepreneurs and business builders who have innovative new ideas and let young people know that ideas they come up with can really mean something," said Dawn Bowlus, the institute's director.

Faculty from the UI Tippie College of Business and the John Pappajohn Entrepreneurial Center will judge the competition based upon viability of the business idea and business plan content.

In addition to the grand prize, the second-place finisher will receive $1,500, third place will receive $1,000 and three businesses will win $500 for honorable mention. Also, the school with the most applicants will receive a $1,000 grant for its entrepreneurial education programs.

what to do:
Contestants must submit an executive summary to the Jacobson Institute for Youth Entrepreneurship at the University of Iowa.

deadline:
May 11

info:
To apply, go to www.jacobsoninstitute.org/bizplan


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