Finding start-up capital contests???

maeintexasmaeintexas Posts: 4subscriber
edited June 2008 in Startup Funding
I know this is not very traditional, and is a bit of a long shot, but I`ve discovered that there are foundations and such that hold contests to fund start-ups. Can anyone point to any legit ones? Any pointers about this type of funding?

Comments

  • robertjrobertj Tampa Bay, FloridaPosts: 0subscriber Member
    Maeintexas,
    The business plan contests I`ve researched, offer a fairly small prize - which may not be commensurate with the time and effort involved.
    Going through the process can be good experience. However, many have different criteria for selecting a winner than an investor would use. As I`ve told several of our clients, I would participate for the experience and (especially) the contacts - if those connections would be helpful to you and your business.
    But, I would continue on your main road to acquiring capital - so if you win it`s like receiving a bonus. 
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