Business Plan Contest
Creating Your Own Business
Youth and Adult Programs
The Creating Your Own Business Contest is sponsored each year by the Eau Claire Area EDC. The businesses judged that have market-based ideas, strong operational plans, and potential for success will receive a variety of awards.
Since 1986, the Eau Claire Area EDC has had over 60 winners and special recognitions. From those award winning business plans, over 375 jobs have been created. The Eau Claire Area EDC has previously expended $118,500 in cash awards and low interest loans totaling more than $250,000.
We are looking to reward the next great business idea!
Entering the Contest
The author will retain all rights to the plan regarding its use at all times prior to and following the competition. The EDC will sign a nondisclosure document with every entry. The EDC reserves the right to accept or reject any entry. Anyone 18 years or older who locates their business in the City of Eau Claire or Eau Claire County is eligible for the competition. A business that has previously won the competition is not eligible.
If you have questions or just don't know where to start, refer to the Idea Pathway section of our website for service providers.
View guidelines for preparing a business plan.
Provided by Small Business Development Center
Adult Award Categories
View/Print adult contest flyer and application.
View adult evaluation criteria.
View non-disclosure agreement.
Emerging/Growth Award
Eligibility requirements:
- In conception stage or operation for two years or less (unless patent pending technology)
- Manufacturing or technology businesses that will sell products or services to local and extended markets
- The company will eventually employ a substantial number of people and have a positive secondary economic impact on the community
The winner will receive a $10,000 cash award, discounted business services and may become eligible for a low-interest loan.
Micro-Business Award
Eligibility requirements:
- In conception stage or operation for two years or less (unless patent pending technology)
- May be non-manufacturing, technology, or home-based businesses
- Businesses will ideally serve local and extended markets
The winner will receive a $2,500 cash award, discounted business services and may become eligible for a low-interest loan.
Youth Award
View youth contest flyer.
View non-disclosure agreement.
Print application.
Eligible applicants are:
- Individual or group (limit 4) of students 18 or younger
- In conception stage or operation for two years or less
Applicants submit a 5-7 page (3,000 words or less) business concept paper. The winner will receive a $1,000 cash award.