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Business Plan Competition brochure 2013

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AboutUPWARD...<br />

The 2nd Annual UPWard Initiative <strong>Business</strong> <strong>Plan</strong><br />

<strong>Competition</strong> has been designed to encourage<br />

entrepreneurs to explore new ideas and start new<br />

businesses in the Upper Peninsula.<br />

The competition is open to all residents in the<br />

Upper Peninsula, Marinette and Florence Counties.<br />

<strong>Competition</strong> winner will receive startup seed<br />

capital, as well as mentoring services and media<br />

exposure.<br />

This region wide contest is an opportunity to<br />

compete for cash and in-kind prizes, but it's also<br />

a chance to get constructive feedback on your<br />

business plan and to help move it from a virtual<br />

business to a reality.<br />

Contest will run from August 1, <strong>2013</strong> to<br />

November 1, <strong>2013</strong>.<br />

For additional information and contest criteria<br />

please visit<br />

www.upwardinitiative.org<br />

Or email<br />

<strong>Business</strong>plancompetition@upwardinitiative.org<br />

Nearly three years ago, the Upper Peninsula<br />

Michigan Works! Agencies, the Upper<br />

Peninsula Economic Development Alliance<br />

and the Michigan Small <strong>Business</strong> and Technology<br />

Development Center partnered to<br />

commission a Regional Innovation Grant<br />

(RIG) study by NorthStar Economics, Inc.<br />

The result was the 2009 “An Economic<br />

Opportunity Study for the Michigan Upper<br />

Peninsula/Wisconsin Border Region”.<br />

The UPWard Initiative is the action implementation<br />

phase resulting from that 2009<br />

regional study for the design and development<br />

of a strategic regional plan focused on<br />

economic and talent development aligned<br />

with the demands of the 21st century<br />

economy. The initiative is a call to action<br />

for the region comprised of the fifteen counties<br />

in the UP and Florence and Marinette<br />

Counties in Wisconsin.<br />

The UPWard Initiative is made up of<br />

committees focused on seven pillars of<br />

economic development focus. There are<br />

currently over 180 local residents working<br />

as volunteers to support the study recommendations<br />

that developed strategies that<br />

are specific, measurable, achievable,<br />

realistic and timely.

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