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Prize Surprise

Entrepreneurs are competing for the gold--and getting much more in the process.

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This story appears in the May 2008 issue of Entrepreneur. Subscribe »

Contrary to popular belief, winning isn't everything. But for companies that are trying to raise money, winning may be the first thing. Across the country, business plan competitions are helping both early and growth-stage companies jump-start their fundraising. And for one Weston, Wisconsin-based company, U.S. Trail-maps Inc., winning a cash prize in a business plan competition unlocked the door to even bigger sums from angel investors and venture capitalists.

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