The businesses must be located -- or willing to locate a significant business presence -- within Daviess County. Applications that don't meet the residency requirements will be rejected.
The competition takes place in two rounds. The first round requires a Business Concept Launch application of no more than five pages to be submitted by March 13. Four finalists will be selected on March 20 by a team of judges.
They will submit comprehensive business plans of up to 30 pages and orally present their plans to the judges on April 17. The winner will be announced on April 20.
The winner will receive $15,000 in seed money, a six-month lease and free mentoring and confidential counseling services to ensure success.