The objective of EnterPRize is to become the most comprehensive and all-inclusive business plan competition ever organized in Puerto Rico whose goal is to bring together all the elements necessary for real venture creation. Our mission is to:
· Provide a platform, together with important tools, resources and networking opportunities, to assist all aspiring entrepreneurs, be they winners or not, in taking their first steps on their entreprenenurial journey;
· Facilitate the creation of new ventures with potential for high growth and a global mindset;
· Engage the venture-support community to rally around entrepreneurial innovation and provide the necessary eco-system for its development; and
· Generate a positive economic impact for Puerto Rico by encouraging and nurturing high potential entrepreneurship together with a vibrant private equity market.
By igniting the entrepreneurial spirit of our most talented and dynamic aspiring and practicing entrepreneurs and focusing the entire community's attention and resources on their efforts, EnterPRize intends to help build the infrastructure so critically necessary to make new business creation and growth in Puerto Rico thrive.
The organizers of EnterPRize, together with the Sponsors and Partners, will:
1) Provide Resources - Make available important tools for all participants to develop their ideas and business plans including web-based tools, workshops and seminars.
2) Engage the Community - Recruit and engage members of the Venture Creation and Support Community to be sponsors, act as mentors and judges and become significantly more engaged in the new venture creation and support process.
3) Celebrate Entrepreneurship - Shine the light on and celebrate the efforts of our entrepreneurs and the community that supports them.
4) Provide Seed Funding - Provide direct cash prizes and business services donated by our sponsors to provide winners with the important initial support to get their ideas and business plans off the ground. Up to 10 prizes of $1,000 will be available to Business Idea Competition Winners. The EnterPRize $50,000 cash award plus tens of thousands more in business services will be divided among the 3 winners of the Business Plan Competition.
Business plan competitions have been an integral part of the development of other entrepreneurial and innovation centers, both in the USA and abroad. We invite the entire Puerto Rican Community to join us in building and growing our entrepreneurial community by participating and supporting EnterPRize 2008.
Competition's Format:
