Deadline Approaches for $7,500 McAllen Grant Competition


Deadline Approaches for $7,500 McAllen Grant Competition

McAllen Business Plan CompetitionThe deadline for the 2019 McAllen Business Plan Competition is fast approaching. Applicants have until May 24 at 4:30 p.m. to submit their business plan to possibly receive $7,500 from the McAllen Chamber of Commerce and the McAllen Economic Development Corporation.

The McAllen Business Plan Competition is an initiative to foster new business development in McAllen. The $7,500 prize goes to the applicant who presents the best and more feasible business plan. The competition is for new, independent, for-profit ventures in the seed or start-up stages in the McAllen area.

Applications may be from a business or team, with at least one member of the team being a resident of the City of McAllen.

The application process begins with an executive summary accompanying the application. A panel of judges will then review the executive summaries and select two or more projects for round two. This round will consist of submitting a full business plan by the selected projects. Those projects will also make a 10-minute oral presentation followed by a 10-minute round of questions and answers. Judges will select only one winner on the basis of both the business plan and the oral presentation.

For more information, visit or contact Michelle or Jorge at 956-682-2871.