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How Winning Contests Helped a Startup Beyond the Launch
Entrepreneur (Online ed.)
Abstract
Entrepreneur Kris Appel funded her startup Encore Path with her $10,000 winnings from a local business plan competition. The money was used to hire a consultant and lawyers for the development of Tailwind, a rehabilitation equipment for stroke survivors. Appel says she learned of the Maryland contest for women-owned businesses in 2006 and won in March 2007. Appel adds that she has entered eight contests and won over $20,000 in services and cash. She also believes that winning has
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