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The Business Project Competition participation hits record.

If the first edition included 23 projects in this issue there have been XX 46.

The jury has already held its first meeting to decide who the three winners, who will share € 40,000 to carry out their projects.

The jury is composed by Councilman José María Tortosa, a representative from each group Municipal, Regional Confederation of Organizations of Murcia, of the Association of Social Economy of the Region of Murcia, of the Chamber of Commerce, Industry and Navigation of Murcia, of the Union of Worker Cooperatives, the Young Entrepreneurs Association of Workers 'Commissions, the General Workers' Union, the University-Enterprise Foundation, the Association of Business and Professional Women, the Association Young Farmers of the winners in the contest of the 2011 Business and Employment Service representative.

The selection of projects will be conducted according to the following procedure:

The first phase will study the draft submitted by the developer, which will analyze the feasibility, and level of development, difficulty of the project, rather than implementation, innovation, and job creation.

The second phase will be a personal interview in order to meet the data related to the promoter or promoters and the project as presented.

The developer will have 15 minutes to make his presentation.

After the exhibition, the jury may consider appropriate to take such questions to the promoter to know in depth the project.

The interview phase will take up to 30 minutes per developer / entrepreneur.

- The presentation of the project, the developer will seek at least the following points:

- You target market services / products.

- Customer Identification.

- Level of competition and key competitors in the market.

- Experience and dedication of the project sponsor and if the milestones achieved.

- Investment and Financing Plan

- Expenses and sales forecast for the first year of activity.

The contest Business Projects main objective among entrepreneurs promote entrepreneurship Murcia those most stand to promote them and provide support for the implementation and launch.

Projects can refer to any type of industry or economic activity, the project start date may not be earlier than 31 August 2011 and in case of business expansion and constituted, the project must involve a minimum of three workers increase on the weighted average of the template in the twelve months preceding the date of hire and is an innovation compared to the initial project.

The total prize fund of € 40,000, according to the following breakdown:

- First Prize: up to € 20,000 or up to 10% of total expenditure necessary for the establishment and maintenance of the company during the first year, and a € 3,600 scholarship for attending the Master Course in Business (MBA), corresponding to the edition 2013/2014, issued by the University-Enterprise.

- Second Prize: up to € 13,000 or a maximum of 4% of the total expenditure necessary for the establishment and maintenance of the company during the first year, and a € 1,500 scholarship assistance for SME Management Course, for the edition 2013/2014, issued by the University-Enterprise.

- Third Prize: € 7,000 or up to 2% of the total expenditure necessary for the establishment and maintenance of the company during the first year.

Source: Ayuntamiento de Murcia