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Fortune's business plan competition

Fortune Magazine has opened up its annual business plan competition, so that it now allows entries from entrepreneurs who aren't in business school. Winning the contest doesn't guarantee any cash prizes, but it does confer the kind of notoriety that often attracts funding. It's worth considering business plan competitions, because many do offer start-up capital--and an entry deadline may be just the motivation you need to get your plan in shape. For the inspiring story of the winner of one such competition, read Biznik's interview with Sterling Peake. She turned a plan for a dog-training business into a thriving enterprise in Seattle.

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