Are you a young and hungry entrepreneur with innovative ideas and a business that's gaining steam?
If so, Under Armour founder Kevin Plank may be looking for you.
Plank today kicked off the annual Cupid's Cup Entrepreneurship Competition and is accepting applications from undergraduate and graduate students or recent alumni who are 30 or younger. Applicants must be running a legal business that has shown "proof of traction."
Now in its 11th year, the contest is expanding from its original partnership with the University of Maryland to include a consortium of more than 20 universities, business schools and entrepreneurship centers.
"Nothing energizes me more than meeting passionate young innovators who have the entrepreneurial drive and conviction to take a risk and start a business," Plank, Under Armour's CEO, said in a statement.
The competition is named for Cupid's Valentine Rose Delivery, one of Plank's first businesses, which he started while a University of Maryland student selling roses on campus. He used the profits as seed money to launch a business selling sweat-wicking, compression T-shirts -- Under Armour.
Contestants will compete for $100,000 in total cash prizes, access to Plank's professional network and the Cupid's Cup title.
Besides the University of Maryland, other partners include Johns Hopkins University, Auburn University, Babson College, Boston College, Clemson University, Duke University, Georgetown University, Harvard University, James Madison University, Northwestern University, Ohio State University, Temple University, Texas Tech University, University of California - Los Angeles, University of California - Berkeley, University of Cincinnati, University of Notre Dame, University of Pennsylvania, University of South Carolina, University of Texas at Austin, University of Tennessee and University of Virginia.
The deadline to apply is Jan. 5. Validation Day, or the semi-finals, will be held Feb. 19 at Under Armour's Locust Point headquarters.
The final competition is scheduled for April 7 at the University of Maryland's Clarice Smith Performing Arts Center.
For more information, go to the Cupid's Cup website.