Rules
Who Can Participate
Individuals or Teams with an idea or business concept that is considered to have “high-growth potential”. Click HERE to download an Executive Summary Application.
Five Ventures® focus is on high-growth businesses. Finalists will be selected from the following business sectors: Pharmaceutical, Medical Devices, Energy, Green Tech, Information Technology, Software-as-a-Service, Retail and Students.
Must live, work or attend school in:
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North Carolina
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South Carolina
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Georgia
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Tennessee
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Virginia
Who Cannot Participate
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No Subsidiaries
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Previous Winners of the Five Ventures® Competition
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No National Franchises (e.g. Subway, McDonald’s etc) - an exception would be made if your concept is the creation of a new high-growth business designed to be a franchisor
Business Categories
True to the mission of Five Ventures®, our goal is to service as many entrepreneurs as possible. We recognize that there are varying stages of entrepreneurial development. The following characteristics match those of the entrepreneurs who participate in Five Ventures:
- Little or no start-up business experience
- Less than $350K of cumulative revenue, excluding grants
- Less than $350K of convertible debt from third parties; none raised from institutional investors
How To Enter
Download the Five Ventures® application by clicking HERE. Final applications are due February 16, 2010 at 6:00 pm. Students teams are free. Non-Student teams are required to pay a $75 application fee. Only teams that qualify for the Semi-Finals will be assessed the $75 fee, all others will be refunded. 100% of all application fees will be added to the cash prizes pool for the winners of the 2010 Five Ventures® Competition.
Entrepreneurs are allowed to submit one draft application prior to the deadline. The Five Ventures Review Committee will review and provide feedback.