October 08, 2009

California State University, Fresno’s Lyles Center for Innovation and Entrepreneurship and Craig School of Business are seeking business plans in a quarter-million dollar national competition to start a business in Fresno.

“Start It Up: Fresno’s $250K Entrepreneur Challenge” offers an opportunity to turn a business idea into reality in the heart of California by offering a $100,000 cash prize and $150,000 worth of in-kind services.

“Fresno is the fifth largest city in California, and it continues to grow,” said Dr. Tim Sterns, executive director of the Lyles Center. “This competition is a chance for entrepreneurs nationwide to bring their business to a great city that will no doubt offer a very rewarding return on investment.”

The competition is open to anyone with a plan for an innovative new business or who already has started a promising business.

Ten finalists will be chosen to come to Fresno on Oct. 2-3 to present plans to a panel of judges, with the winner announced and presented during halftime of the Oct. 4 Fresno State vs. Hawai’i football game in Bulldog Stadium.

Joining the Lyles Center and Craig School in organizing and sponsoring the competition are City of Fresno Economic Development, Fresno Redevelopment Agency and Table Mountain Rancheria.

Related link: www.lylescenter.com