Sixth Annual North of Boston Business Plan Competition Launched: $10,000 in Prizes

Salem, Massachusetts (PRESS RELEASE – December 5, 2009) — The Enterprise Center at Salem State College today launched the sixth annual North of Boston Business Plan Competition designed to find and support early stage, start-up and existing growth businesses on the North Shore and Merrimack Valley.

The 2010 North of Boston Business Plan Competition will award a $5,000 first prize, $3,000 second prize and $2,000 third prize to outstanding plans for companies less than three years old who are planning to add at least five full time employees by the end of two years. Applications are due no later than 5:00 pm on Thursday, January 28, 2010 and complete information about the competition may be found at The Competition has the support of the North of Boston business community

“Entrepreneurs are the greatest economic engine of our local economy and workforce,” said Christine Sullivan, Executive Director of the Enterprise Center. “In these challenging economic times it is even more crucial to find and support growth companies.”

This year’s judges include early stage investors, venture capitalists, bankers and other experts who will examine each plan and select winner.

Competition co-sponsors: 128 Innovation Capital Group, Amesbury Chamber of Commerce, Bertolon School of Business, Salem State College, Beverly Chamber of Commerce, Cape Ann Business Incubator, Cape Ann Chamber of Commerce, Creative Economy Association of the North of Boston, Greater Haverhill Chamber of Commerce, Greater Lowell Chamber of Commerce, Greater Newburyport Chamber of Commerce, Ipswich Chamber of Commerce, Lynn Area Chamber of Commerce, Marblehead Chamber of Commerce, Merrimack Valley Chamber of Commerce, North Shore Chamber of Commerce, Peabody Chamber of Commerce, Salem Chamber of Commerce, Salem State College Alumni Association and the Small Business Development Center at Salem State College.

Eligibility details, entry forms and information on past winners are available at or call (978)542-7528.

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Anita Campbell Anita Campbell is the Founder, CEO and Publisher of Small Business Trends and has been following trends in small businesses since 2003. She is the owner of BizSugar, a social media site for small businesses.

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