Twenty-one entries from 15 communities are competing in the finalist round of the eighth annual Wisconsin Governor’s Business Plan Contest.

The contestants have survived two rounds of judging in the contest organized through the Wisconsin Technology Council, which produces the contest in conjunction with the Wisconsin Innovation Network, the Wisconsin Angel Network and other statewide affiliates. The contest began in late January with 220 entries.

“The business plans in the final round reflect some of Wisconsin’s core technology strengths, as well as the fact that entrepreneurs can be found in all corners of the state,” said Mark Bugher, chairman of the Tech Council.

The 21 plans selected for the final round will be joined by the winners of the Northeast Wisconsin Business Plan Contest, the UW-Madison Burrill competition, the Marquette University Kohler competition and the BizStarts collegiate competition bringing the total number of finalists to 25.

Ideas from this year’s crop of finalists include products for e-Learning, Type I diabetes, cancer treatment, infection control, software, speech development and manufacturing processes and products. Entries were submitted in four categories: Advanced Manufacturing, Business Services, Information Technology and Life Sciences.

Contestants will submit a 20-page business plan for review by a panel of more than 60 judges established by the Tech Council, which is the non-profit and non-partisan science and technology adviser to the governor and the Legislature. Each plan describes the core product or service, defines the customer base, estimates the size of the market, identifies competition, list members of the management team and provides key financial data.

The finalists’ executive summaries as well as those filed by semi-finalists are available for inspection by accredited investors through the Wisconsin Angel Network, which has 25 member angel networks, private equity funds or corporate strategic partners.

About $150,000 in cash and in-kind prizes have been pledged thus far for the 2011 contest; first prize in the statewide contest is worth $50,000 in cash and services. Prize winners will be announced June 7-8 at the Wisconsin Entrepreneurs’ Conference in Milwaukee.

Sponsors of the 2010 contest and 2011 sponsors to date include: 5Nines/Matador Consulting; Aberdean Consulting LLC; Alliant Energy; American Transmission Co.; Associated Bank; Baird Venture Partners; Earth Information Technologies; Fitchburg Technology Campus; Foley & Lardner LLP; Forte Research Systems; Frontier Airlines; Functional Biosciences; The Gialamas Company; The Milwaukee Journal Sentinel and Journal Interactive; The Milwaukee Institute; Kollath & Associates, CPAs; The Luminis Group Ltd.; Madison Area Technical College; Madison Gas & Electric Co.; McAllen TECH Campus; Michael Best & Friedrich LLP; Mortenson Construction; MRA – The Management Association; Murphy Desmond; Perkins Coie; Quarles & Brady LLP; Reinhart Boerner Van Deuren s.c.; Ruedebusch Development & Construction; Rusk Prairie Group; Smith & Gesteland LLP; State of Wisconsin Investment Board; TDS Telecom; University Research Park; Wisconsin Department of Commerce;; Wisconsin Angel Network; Wisconsin Tech College System; Wisconsin Technology Council; WTN Media; and Xcel Energy. To become a sponsor, call 608-442-7557 or visit

Finalists for 2011 are listed below. Reporters wishing to contact individual contestants may do so through the Wisconsin Technology Council by calling 608-442-7557 ext. 27.

Marco Araujo                InterMeds                                   Green Bay

Suman Banerjee           WiRover                                      Madison

John Bender                 Simple Campus Housing              Colgate

Erwin Berthier               Painless home cholesterol test     Madison

Richard Bowers Matrix   Reading Solutions                       Hobart

Douglas Buch               PaveDrain                                   Greenfield

Greg Dockter                Topical Bleeding Gel                     Cottage Grove

Ryan Dover                   LocalGrown                                 Lake Geneva

Patrick Heaney NCD     Coatings for Micro Tools                Middleton

Pat James                    DEMET for better copper mining    Madison

Jim Maerzke                 21st Century Wheelchair               Kenosha

Jonathan Pearl              Perceptral                                    Racine

Peter Petit                     Vacuum-Insulated Window Glass  Pewaukee

Thomas Primiano           NanoOncology                             Madison

Amy Recob                   The BugaBees                             Middleton

Amy Reno                                     Wauwatosa

Brad Schwei                  PureTech Systems                       Neenah

Jeremy Shafton             Door-6                                         Madison

Jeffrey Smith                 Kinetic Performance Systems       Nashotah

Hans Sollinger               Treatment of Type I diabetes         Madison

Robert Steffes                Flying Cart LLC                           Waukesha