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Ann Arbor Hosts "World’s Largest" Biz Plan Contest This Week, $1M-Plus for Winners

Big dreams and lots of cash are happily colliding this week in Ann Arbor. Today begins the final three-day event for the inaugural Accelerate Michigan Innovation Competition, which organizers are calling "the world’s largest business plan competition."

The event at the University of Michigan’s North Campus Research Complex is expected to feature 50 companies from the state and around the world and 28 student teams from Michigan public or private colleges. The competition, which has a company track and a student portion, is awarding more than $1 million in cash prizes as well as in-kind services, staffing, and software, according to its website. That at least places this contest among the largest of its kind, a group that includes the Mass Challenge competition in Boston, which awarded $1 million to 16 startups in October.

Ryan McBride

Full Story: http://www.xconomy.com/detroit/2010/12/09/ann-arbor-hosts-worlds-largest-biz-plan-contest-this-week-1m-plus-for-winners/

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