International business plan competition offers 1 Million USD Award
Preston & Walker Pte Ltd. singapore based investment firm is offering 1 Million USD for the most promising business plan with a global scope.
“Our aim really is to look for the next big thing – whether it is an idea to generate more jobs, to change the way the game is played in a specific industry, to create a more socially responsible world – or even just to inspire us to learn more about ourselves,” said Gareth Walker, who is the company’s founder in a press release.
Participants in the contest cab submit their business plan here, and it will be judged by a team of anonymous millionaire judges. A small registration fee will be charged. For those who are selected, the judges will consider investing a maximum of US $1,000,000 of seed funding, as well as offer help in development of the ideas, serving as mentors to jumpstart the business. Deadline for submissions is December 31, 2011, and winners will be announced on January 31, 2012.
Participants may belong to a start-up or early stage venture.
For more information, including rules and regulations and registration fees, see the competition Web site.