The Rhode Island Business Plan Competition, citing “changes in the general business environment,” has pared its estimate of prizes available to 2009 contestants, who have until April 6 to submit their completed applications.

This year’s contest “will award approximately $125,000” in cash and services, they said. That is one-sixth less than the $150,000 they had predicted in September (READ MORE) and 38 percent less than the $170,000 in “prize winnings” distributed in 2008, when the contest added a high-school track. (READ MORE)

Full Story: Business plan contest scales back prizes Source: Providence Business News, March 25th, 2009 Author: Susan A. Baird Added on March 26th, 2009 at 9:33 am, by Matt Mikula