191 young entrepreneurs in total have applied for the competition Empower Award for Young Entrepreneurial Excellence. The best three of them will be financed with the prize fund of 200 000 BGN as follows:
- First prize: 100 00 BGN
- Second prize: 60 000 BGN
- Third prize: 40 000 BGN
- "Green" prize: 5 000 BGN
The final classification of the competition will be pass through 3 stages of assessment. Each one of the applications will be evaluated by two different valuers. The best 20 plans will continue in the second stage, where will be evaluated by other two independent valuers.
During the third stage the best 6 to 10 applicants will be invited for personal presentation of their business plans in front of the final jury.
The winners will be announced and awarded on an official ceremony the same day.
