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The Governing Board has approved the bases of the XXVII Business Projects Contest, which the City Council has been carrying out since 1992, and whose objective is to encourage self-employment through financial aid, training and municipal advice.

Thus, what is intended with this initiative is to help and motivate Murcian entrepreneurs in a search for opportunities and business ideas that favor the creation of companies and reactivate the economy and employment.

Individuals with habitual residence in Murcia, individually or as a group, with an idea or business project or discharged as freelancers and legal persons (small and medium-sized companies) domiciled in the Municipality of Murcia, may participate in this contest. with date of incorporation after January 1, 2018. In addition, non-residents or residents outside the municipality will be admitted, provided that the project is planned to take place in Murcia.

The projects will have to be after January 1, 2018 and may be related to any type of sector or economic activity.

Applications for participation in the Competition will be presented in the General Register of the City of Murcia and will have to contain, among other documentation, a description of the business project that will include a description of the activity, the necessary investment in detail and pace of execution of the same, the planned financing, cost analysis and estimation of turnover in the first year and the initial jobs and medium-term growth expectations.

The deadline for submission will begin on the day that the bases are published in the BORM and ends on July 26.

The City of Murcia, through the Center for Municipal Initiatives, will inform, advise and guide all those interested in participating in this call.

The evaluation indicators of the jury will be the technical, commercial, economic and financial viability;

the degree of innovation, differentiation and originality of the products and services offered, the impact on the environment and the boosting effect on local economic activity and Social value.

The total amount of the prizes is 60,000 euros, distributed as follows:

- First Prize: up to a maximum of 20,000 euros and a training grant amounting to 3,600 euros in ENAE Business School, awarded by the University Business Foundation of the Region of Murcia, for the 2019/2020 academic year.

- Second Prize: up to a maximum of 15,000 euros and a training grant amounting to 1,500 euros in ENAE Business School, granted by the University Business Foundation of the Region of Murcia, for the 2019/2019 academic year.

- Third Prize: up to a maximum of 10,000 euros

Source: Ayuntamiento de Murcia