Entrepreneur Magazine’s Entrepreneur Contest

Posted on by Prashanta

Entrepreneur Magazine has held an annual contest for five years that searches for small business owners who feel they have revolutionized their industry, employees and community.  The contest is open to businesses with maximum 100 employees and at least 3 million dollars in gross sales revenue.

There are also two other contests. The Emerging Entrepreneur contest is for companies with at most 12 employees and minimum 300 thousand dollars in gross sales revenue.  The College Entrepreneur award is for college students that are between the ages of 18 and 25 with promising business ideas.  The winner of that receives 5000 dollars.

A panel of judges from Entrepreneur Magazines’s Editorial department and the UPS Store, which sponsors the contest chooses the finalists.  Voting  for the winners is done publicly online, at the website of Entrepreneur Magazine, entrepreneur.com.  Previous winners have included Rick Alden of Skullcandy, Devon Rifkin of the Great American Hanger Company, Daniel Lubetzky of KIND Healthy Snacks, and Lee Rhodes of Glassybaby.

In addition to the start-up money for the College Entrepreneur, all three winners get several prizes.  All of them get round-trip tickets within the continental United States and a profile in Entrepreneur Magazine.  The three winners will also get honored at an awards luncheon and ceremony at Entrepreneur Magazine’s Growth Conference in Dallas.  The winners will receive a gift certificate for $500 in services at The UPS Store, a three-year subscription to Entrepreneurmagazine and a selection of Entrepreneur Press books as well.

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