MARQUETTE Ã‚– The Great Lakes EntrepreneurÃ‚’s Quest and Northern Michigan University will present a live broadcast of the GLEQ Spring Cycle kick-off event. It is scheduled at 6 p.m. Wednesday, Jan. 14, on cable channel 20.
The Spring Cycle includes two business plan competitions with total prize awards of $200,000, as well as free training and networking opportunities. The broadcast is aimed at helping entrepreneurs, students, small business owners and others interested in learning more about launching a business.
Anyone who lives, works or attends school in Michigan is eligible to participate in the competitions and training programs at no cost. This yearÃ‚’s Quest offers two paths for entrepreneurs, based on experience and level of business development.
The new business idea path results in a five-page executive summary judged by top venture capitalists, entrepreneurs and professional service providers in Michigan. For more advanced companies, the GLEQ offers an emerging companies path that results in a full 20-page business plan and a chance to win the grand prize of $50,000.
Ã‚ Ã‚ At the kick-off event, the GLEQ will discuss content requirements, judging criteria, and how participants can tap into the Quest network of coaches, mentors and training sessions to help with their business plans.
Submissions for both paths are due by noon, April 15. The Spring Cycle awards presentation, which will honor winners in all regions, is scheduled for May 11 in Ann Arbor.
The GLEQ is a nonprofit educational program designed to accelerate the formation of high-growth companies across the state. For more information, visit www.gleq.org.