Got a $200,000 business idea?

The Minnesota Cup is a competition that rewards good business ideas. Here’s the quick take from the Minnesota Cup website…

Have the next great business idea? The ninth annual Minnesota Cup competition opens for entries on March 25! The Minnesota Cup supports and accelerates the development of breakthrough business ideas from across the state to build the vibrancy of Minnesota’s business community. Minnesota residents have until May 17 to submit entries on the Minnesota Cup website to compete for $200,000 in prize money.

There are six divisions:

  • LifeScience & Health IT
  • High Tech
  • Energy & Clean Tech
  • Social Entrepreneurship
  • General
  • Student

You can only apply to one division. But the application process seems pretty straightforward. The contest is only open to Minnesota residents. I’d love to see some of the prizes make their way out of the Twin Cities!