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Iowa Business Plan Competition now open for submissions

March 9, 2012

Randy Pilkington, executive director, UNI Business and Community Services, 319-273-5732

Rebecca Schultze, communications and public relations manager, UNI College of Business Administration, 319-273-3309,


CEDAR FALLS -- The John Pappajohn Iowa Business Plan Competition is now accepting entries for the 2012 competition. Business plans must be an original idea for a business in operation for less than four years or a business that has not yet reached cash flow positive financial status to be eligible for the chance to win up to $25,000.

The deadline to enter is April 30. Applicants are required to submit business plan information via Gust (formerly Angelsoft). A link to the Gust submission page is available at the competition website,

The John Pappajohn Iowa Business Plan Competition is designed to stimulate business development and provide support for outstanding business plans. This year, a total of $50,000 will be awarded to the top three submitted business plans: $25,000 for first prize, $15,000 for second and $10,000 for third.

After several rounds of reviews and interviews, the three winning business plans will be recognized at a special awards luncheon on Sept. 27 in Des Moines.

Assistance with business plan entries is available at the Iowa John Pappajohn Entrepreneurial Centers located at Drake University, Iowa State University, North Iowa Area Community College, the University of Iowa and the University of Northern Iowa; the Small Business Development Centers throughout the state; and the business accelerators in Ames, Cedar Rapids, Davenport, Dubuque, Iowa City, Red Oak and Mason City.

The John Pappajohn Entrepreneurial Centers provide entrepreneurial education and business support, partnering with agencies like the Small Business Development Center (SBDC), the Iowa Department of Economic Development (IDED), Entrepreneurial Development Centers (EDCs) and local entrepreneurs to assist with funding and other business needs.

Rules, eligibility, timelines and more information is available at the competition website,