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On April 6, 2010 the Washington, DC Economic Partnership (WDCEP) will kick off its annual Business Plan Competition, a DC-based initiative with a $100,000 investment capital prize. The competition is an annual program developed on behalf of the District of Columbia to support District-based entrepreneurs.

Venable's Business Transactions Group will provide $10,000 in pro bono legal services to the business that takes first place in the competition. Venable attorneys Frank Ciatto and Joe Walker will once again donate extensive time and effort to the success of this project by participating in educational workshops for the competitors and serving as judges on the final panel.

The Business Plan Competition is administered by WDCEP in collaboration with Advantage Capital Partners and Enhanced Capital Partners. This is the second year of the competition, which was developed to encourage entrepreneurship, innovation, and job creation within the District of Columbia. The competition's qualifying process includes a written application and a final presentation before a panel of judges.

The competition kickoff announcement was released on PR Newswire, and covered by Fox Business News and CW Richmond WUPV.