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P31.COM's VENTURE CAPITAL CONTEST (PVCC)

THE SPRIT of the COMPETION

The P31.COM Venture Capital Contest's Sprit of the Competition is to aide and foster Entrepreneurs. While you as the Entrepreneur focus on your product, services, applications, etc., we'll help your success by aiding your capital needs and growth funding. Additionally, we can aide your promotional efforts and various growth

P31.COM presents the Venture Capital Contest (PVCC) with the following awards to the best ideas, projects and operations that are building Internet and real-world based efforts by Entrepreneurs.

The awards will be made as the P31.COM project reaches each step and a winner is picked. See below rules and guidelines. The below award amounts are followed by the most likely period when they will be awarded.

1: $10,485.76 -- Q4, 2007
2: $20,971.52 -- Q1, 2008
3: $41,943.04 -- Q1, 2008
4: $83,886.08 -- Q2, 2008
5: $167,772.16 -- Q2, 2008
6: $335,544.32 -- Q3, 2008
7: $671,088.64 -- Q4, 2008
8: $1,342,177.28 -- Q1, 2009
9: $2,684,354.56 -- Q2, 2009
10: $5,368,709.12 -- Q3, 2009
11: $10,737,418.24 -- Q4, 2009

P31.COM Venture Capital Contest (PVCC) Rules and Understanding:

The above awards are given to the best business, venture and/or Entrepreneurial idea, existing operation that is presented to P31.COM via our Membership area >> (sign up on this page and see INVESTMENT INFORMATION tab) in admin.

Entrepreneurs need to present their ideas in the following way:

1> Present a cover letter introducing yourself, title and your idea.

2> Present the business plan summary and relevant connections to more information on the web.

The presentation has to be two pages or less and presented in Adobe PDF format.*

* Additional information may/will be requested and or a site visit may be required prior to the funding is released.

Obviously, if P31.COM does not reach any of the last 11 STEPS in the P31.COM STEP building process, this contest and any offer made is "null and void" -- the premise of the contest cannot be sustained.

The Management reserves all rights to approve and reject funding and additional funding, if that is needed.

All winning Entrepreneurs will have to provide some form of collateral in the form of stock (ownership) in their respective operations for the funds that are awarded. The idea of a Winner means that you have merely won the opportunity work with us to build and nurture your idea or Enterprise.

To present your business plan, you must be a significant owner and/or an officer in the company.

You must be of an eligible age (usually 18 and over) in your country or community of residence to participate in this contest.

Management reserves the right, at their sole discretion to aide further your idea or Enterprise.

The competition is for new, independent ventures in the seed, start-up, or early growth stages of the Enterprise.

Generally excluded are the following: buy-outs, expansions of existing companies, real estate syndications, tax shelters, franchises, licensing agreements for distribution in a different geographical area, and spin-outs from existing corporations.

All Enterprises must be seeking outside equity capital.

You may complete only once, unless there is a significant change in your business plan. OR we advised as such, and you followed our recommendations and would present your Enterprise again.

IF you have already secured funding from non "white knight" (personal acquaintances), they you are ineligible for this award. For example, if you have already been funded by a Venture Capital organization, then your Enterprise is ineligible for this award.

All Management decisions are final. We also reserve the right to make changes and amendments to the rules of the contest as deemed necessary.

-------------Done.

Ok, I think the above will do it. I will over the coming days move the above contest information to the P31.COM "Contest" tab and edit the pages there as well. I have no idea how successful this idea will be, but then again, I think given the exposure this site will get, it is bound to perk the interest of many visitors to the "contest" tab on the site.

I also hope to read about some very interesting business proposals and make them part of WHAT WORKS in building the 31-STEPS that I need. Now back to work. Carpe Diem. Sam.

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