Loudoun SBDC 3rd Annual Business Plan Competition

FOR IMMEDIATE RELEASE

FROM: Loudoun Small Business Development Center

21145 Whitfield Place, Suite 104

Sterling, VA 20165

DATE: August 11, 2011

SEMINAR: 2011 BUSINESS PLAN COMPETITION

CONTACT: Cathy Campbell (703-430-7222)

Sterling, VA……….The Loudoun Small Business Development Center is offering its Annual Business Plan Competition. Entrants will gain insights on their plans from a panel of local business leaders in the fields of finance, law, marketing and entrepreneurship. Winners in each of the two award categories will, in addition, garner local awareness of their businesses and the following prizes in order of first through third place: Local Business Model (for example, home-based, local retail, some IT, consulting): $1000 plus a Local Business Services/Prize Package, $500, $250, and; Scalable Business Model for businesses with a market opportunity large enough to develop to annual sales of $50-$100 million (for example, some IT, government contracting, medtech): $1500 plus a private lunch with John May of New Vantage Group and Eric Major of K2M, Inc., $750, $500. All entrants must either: (1) be in the start-up phase of a for-profit business with its primary place of business to be established in Loudoun County, or; (2) have an existing for-profit business less than three years old with its primary place of business in Loudoun County. Submission deadline is 5:00 p.m. on October 12, 2011. Click here for Competition Guidelines. Major competition sponsors are K2M, Inc. of Leesburg and New Vantage Group-Active Angel Venture Funds of the DC metro area.

The Loudoun SBDC is a member of the Virginia SBDC Network, a statewide service network funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. Additional Loudoun SBDC funding sources include George Mason University-Mason Enterprise Center, the County of Loudoun, Loudoun County Industrial Development Authority and Town of Leesburg.