Entries for 2009 Governor’s Business Plan Contest due Jan. 31

The Wisconsin Governor’s Business Plan Contest — the nation’s first statewide, tech-based business plan competition — is accepting entries online for the 2009 competition. Entries will be accepted now through 5 p.m. January 31, 2009. The contest’s Grand Prize is worth $50,000 in cash and services.

For their initial entries, contestants will submit 250-word idea abstracts online at  Contestants who advance to subsequent rounds will have the opportunity to expand their plan or idea. More than 60 judges drawn from the finance, sales, marketing, research and specific technology sectors will score the entries and provide feedback.

Produced by the Wisconsin Technology Council and a growing list of partners, the Wisconsin Governor’s Business Plan Contest engages contestants in a six-month process that includes mentoring and comments from judges on selected plans. It will also lead to valuable public and media exposure for the best business plans submitted by contestants and spur economic growth in Wisconsin. In addition, past finalists have raised a reported $11 million in private equity, such as angel and venture capital.