Prizes

Cash prizes will be awarded.

There are three prizes for the best business plans (viability and presentation) –

First prize $4,000

Second Prize $2,500

Third Prize $1,500

The prize for the best trade fair presentation is $500.

The prize for the best elevator pitch is $500.

The New Venture Business Competition is being generously supported in part through an endowment created by Mr. Ervin Kranberg, a co-founder and president of Professional Liability Brokers & Consultants, Inc. (PLBC), a wholesale broker in the professional liability insurance industry.  The firm’s home office is in Vernon Hills, Illinois, with a branch office in Phoenix, Arizona.

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