Minority Business Plan Competition

Posted by on January 17, 2003

The Enterprise Center formally announced a call for submissions to the Fourth Annual Minority Business Plan Competition. The purpose of the competition is to accelerate the formation of Minority Business Enterprises and to provide tools and support to increase the success rate of minority-owned businesses in Philadelphia, Bucks, Montgomery, Chester, and Delaware Counties. Three winners will each be awarded a $20,000 non-repayable grant to fund their business.

To be eligible, entrants must be recognized as a Minority Business Enterprise (MBE) as defined by the Commonwealth of Pennsylvania, be in business three years or less with less than $250,000 in annual revenue in any given year, and be located in or willing to locate to one of the five counties mentioned above. Information sessions for The Fourth Annual Minority Business Plan Competition will be held at The Enterprise Center on January 15 & 22, 2003 from 6- 7 PM. Please RSVP at 215-895-4019 if you plan to attend one of the information sessions.

The registration and submission process for this year’s competition will be done online. Online registration and submission will begin on January 22, 2003. For entrepreneurs that need access to the Internet, please contact The Enterprise Center or one of the collaborative partners. For more information on deadlines, eligibility, and the competition process, visit the official competition website at http://www.theenterprisecenter.com/MPBC or contact Brenda Tancemore at (215) 895-4019. If you are interested in becoming an event sponsor, please call Frances McClafferty at (215) 895-4016.