The New Criteria for the EMPOWER Awards Contest are Already Public

Tuesday, 05 April 2011
At a discussion in Plovdiv, organized by Empower United Foundation, the new regulation of the annual competition "EMPOWER Award for Outstanding Young Entrepreneurs, was officially announced. The criteria and application forms are already available on the website of the organization - They were prepared based on recommendations received from participants in the previous edition. All candidates will receive feedback on how to improve their business plan and further the second and third stages of the assessment will be in the form of interviews with experts and successful entrepreneurs.

In the competition in 2011 again can participate Bulgarian citizens, aged between 18 and 35 years. This year the prize of the contest, with amount of 200 00 leva will be distributed among six projects for a start-up business. The best business plan will receive 50 000 leva and besides will be distributed five prizes of 30 000. Proposals for the competition must be submitted in Bulgarian and must be a worked-out business plan. Documents are accepted in the period May, 1st to June, 30th 2011. The main criteria to be assessed by the jury are: innovation, benefit to society, practical value, quality of the team and a clear long-term commitment to business development.

About "EMPOWER Award for Outstanding Young Entrepreneurs“

“EMPOWER Award for Outstanding Young Entrepreneurs“ is an initiative of "Empower United" Foundation ( and is supported by the U.S.Agency for International Development (USAID). The program is supported by the Ministry of Economy and Energy. EMPOWER annual award is given to talented young Bulgarian entrepreneurs with innovative thinking in support of business start-up projects.

For more information:

Raya Tsvetkova, Symmetric communication, 0878 610 683,
Radost Dacheva, Empower United, 0889 430 123,