GE, which launched its “ecomagination” initiative with great fanfare in May, is teaming with Dow Jones in a search for “environmentally conscious entrepreneurs with big business ideas for eco-businesses.” The prize is worth $50,000.
The newly announced competition, called “ECOnomics: The Environmental Business Plan Challenge,” is open to entrepreneurs, executives, students — “anyone with a great idea for an eco-venture with profit potential,” say the organizers.
Winning business plans must clearly demonstrate 1) an innovative business idea that benefits the environment, 2) a clear path to profitability, and 3) a persuasive and logical presentation. The contest is open to residents of the 50 United States and District of Columbia, 21 years or older.
Read more about GE’s business idea competition for eco-businesses at http://www.worldchanging.com/archives/003632.html.