Entrepreneur January, 2017
Prizes from business contests run the gamut. A seemingly infinite number of local and business-school competitions offer small-change awards of $5,000 to $15,000; meanwhile, Rice University doles out six-figure prizes annually, as do accelerators MassChallenge and Techstars. But some big-money contests require winners to sign over a percentage of their equity — a deal-breaker for many entrepreneurs.
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