Deadline for state's new business contest draws near

Submissions due May 18. Contest prizes range from $5,000 to $40,000

May 2, 2012 at 4:38PM

The state of Minnesota is calling on all want-to-be entrepreneurs to submit their most innovative business idea to the Minnesota Cup contest by May 18.

Division winners can receive up to $25,000 in start up capital, while one grand prize winner will be awarded an additional $40,000.

The Minnesota Cup is one of the country's largest competitions for new businesses. The contest, designed to foster new businesses and jobs, is sponsored by United Health, General Mills, Wells Fargo, the University of Minnesota, and the Minnesota Department of Employment an Economic Development.

Applications and information are at www.MinnesotaCup.org. To arrange interviews with contest organizers, past participants and winners, contact jessica@habermaninc.com.

about the writer

about the writer

Dee DePass

Reporter

Dee DePass is an award-winning business reporter covering Minnesota small businesses for the Minnesota Star Tribune. She previously covered commercial real estate, manufacturing, the economy, workplace issues and banking.

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