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MARSHALL, Mo. (SEND2PRESS NEWSWIRE) — The Missouri Alliance for the Development of Entrepreneurship announced today that the deadline for the 2010 MADE In Missouri State Entrepreneurship Competition, an event that will highlight new and aspiring businesses through a competitive and educational business development process, has been extended to accept preliminary submissions until May 8th, 2010.

The due date, originally set for April 10th, is extended to garner additional participation, assist more entrepreneurs in developing their business ideas, and provide the opportunity for investment capital to more Missouri businesses.

The competition will provide new and potential business owners in Missouri an opportunity to put their business ideas up against others throughout the state and grow their ventures. The competition is designed to support Missouri communities by cultivating reliable businesses, creating jobs, and stimulating the state’s economic future.

Participants start by answering a questionnaire about their business ideas, and are provided with tips and suggestions on how to make their businesses better in the first round. Those who advance to the intermediate level will develop business plans and provide brief business pitches to judges in a simulated investor scenario. Finalists at level three will present their finished business plans, products, and services in one last round at the Missouri State Fair on August 19th, 2010 in Sedalia, Missouri.

Cash prizes will be awarded as startup/operating capital to winners at the State Fair, as well as prize trophies. Judging at all levels will take place behind closed doors, and all information is regarded as confidential and proprietary and will not be shared with outside parties.

Registration is open to any potential business owner or current business owner in operation three years or less. There are Youth and Open categories for participation, and people considering going into business for the first time are welcomed. Participants do not have to be in business yet to compete.

Submissions for the preliminary level are due May 8th, 2010. Submissions by mail must be postmarked by May 8th, and those by email must be sent by 5:00 p.m. on May 8th.

For more information and to register, go online to www.mvcaa.net/made.php – or contact:
Cheryl Zimny
Community Development Manager
Missouri Valley Community Action Agency
1415 S. Odell
Marshall, MO 65340
660-886-7476
Fx: 660-886-5868
zimnyc @ mvcaa.net .

The Missouri Alliance for the Development of Entrepreneurship (MADE) is a project facilitated by Missouri Valley Community Action Agency of Marshall, Missouri, a not-for-profit organization.

News Source: Missouri Alliance for the Development of Entrepreneurship :: This story was issued by Send2Press® and is Copyright © 2010 Neotrope® News Network – all rights reserved.