In the Irkutsk region, a contest has started for young entrepreneurs to support active and talented youth developing their own business ideas. Participants will go through three stages, from applications and a training seminar to project defense, and the best initiatives can win valuable prizes worth up to 70 thousand rubles. Special attention is given to social services, innovation, construction, production technologies, and IT.

The purpose of the competition is to identify and encourage active and talented young people oriented toward entrepreneurial activity; to develop and support youth entrepreneurial initiatives; and to organize practical work on project development and assist in the implementation of the best business projects.
Priority areas for business projects include social services and the service sector, innovative commercial activity, culturally oriented entrepreneurship, construction and development of housing and communal services, production technologies, as well as information technology, communications, and telecommunications.
The competition consists of three stages. In the first stage, applications are accepted and evaluated, and the participants who advance to the second stage are determined. This stage will last until July 20, 2013. The second stage provides for a training seminar with the competition participants. The third stage is the presentation of business projects.
To participate in the competition, it is necessary to submit an application. The application must be accompanied by a copy of a passport or other identity document, as well as a copy of the certificate of registration at the place of residence (if the identity document does not contain registration information), and a copy of the certificate of registration at the place of stay (if the application is submitted by a participant temporarily staying in the territory of the Irkutsk Region).
The competition winners will be awarded valuable prizes. The first-place prize is worth 70,000 rubles, the second-place prize 60,000 rubles, and the third-place prize 50,000 rubles.
Based on materials from the press service of the Ministry of Physical Culture, Sports, and Youth Policy of the Irkutsk Region