• Contestants must be startups defined as having made less than $75,000 a year in the last three years.
  • Individual Contestant or team leaders of group applicants (no more than 5 people) must be Queens residents and all applicants must be 18 years of age or older.  Residency must be proved by a New York State driver’s license or New York City ID Card that includes your address (if you do not have either, please allow enough time to get one before March 1st). This must be uploaded with your business plan.
  • The business must be Queens-based. It can be either physically active in Queens or a virtual market that’s serving clients all around the world with no limitation on location as long as the business is registered in Queens. Businesses do not need to be registered at the time of entry, however once businesses are selected to receive funding, the business must register in Queens with the New York State – Division of Corporations.
  • Competition entrants may enter only once, either as an individual or as part of a team. The team must appoint one individual as the team leader. By registering on YouNoodle and joining the “Queens StartUP! 12th Annual Business Plan Competition,” individuals accept that they understand the stated rules for all of the team members.
  • Home-based businesses are eligible to apply.
  • Real Estate businesses (due to their size, nature of business, and capital requirements) along with franchises, affiliate marketing, multi-level marketing, and not-for-profit businesses are NOT eligible to participate in this competition.
  • Businesses set up to receive or needing venture capital funding or have start-up costs over $300,000 are not eligible to participate.

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