Requirements

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REQUIREMENTS AND APPLICATION PROCESS

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Prepare a fully-developed business plan (with an excutive summary) totaling no more than 10 pages and submit along with financial projections and key supporting documents

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Certify that the idea presented belongs to you or a member of your team.

It is required that you include a statement indicating the idea you are applying with is yours or that of a member of your business team.

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Complete the online form, attach required documents and submit.

Click here to submit online application

Note: Former unsuccessful applicants may only apply in the competition (business or student) with the same idea twice

Review what to include in your business plan

View sample business plans

The link below directs you to online business plan samples but we strongly encourage you to contact one of the many excellent South Dakota agencies that exist to assist startups! Access the Business Assistance Directory

HELP

The most successful competitors seek assistance with developing their business plan and application. Find an organization near you. Services are provided free of charge.

Excel Financial Template

A financial template is available for your use. You may use this or another suitable template that provides comparable information. You are required to submit at least basic, multi-year profit and loss and balance sheet projections for your company. If using the provided template, you may complete only the information that applies to your business model, skipping or entering lines as needed.

October 2022
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