Once again, young entrepreneurs can compete their way into a change to pitch their business ideas to Warren Buffet. Young people, aged 7 to 16, individually or in teams of 2 to 4 can submit their entries to the second annual â€œGrow Your Own Business Challengeâ€, with a chance to win prizes and the ear of Buffet through February 15, 2012.
Questions on this year’s application include:
There will be two grand prize winners, one individual and one team. The grand prize winners will each receive $5,000 and a 3 day, two night trip to the Grand Prize Event. Finalists (four individuals and two teams) will each receive $500 and a trip to the Grand Prize Event. Semifinalists (10 individuals and five teams) will each receive $250.