Calling all young entrepreneurs!

Calling all young entrepreneurs. I mean, really young entrepreneurs.

If you know a youthful businessperson between the ages of 12 and 19, you may want to tell them about a contest and a book. Financial consultant, author and speaker Peter Bielagus is offering a $1,000 grant in venture capital to the young entrepreneur with the most interesting tale of their business dealings so far. So if you know a young entrepreneur who either has a business or one in the planning stages,here's what you do.

Send a 250-word essay describing the business to with the word "contest" in the subject line. You need to include a description of how you came up with the idea, how you got started or plan to start, what obstacles you faced or face, and what you will do with your $1,000.Entries are due no later than March 28, 2008. You can also mail entries to:

Peter Bielagus, 170 South River Rd., Bedford, NH 03110.

But wait! There's more. This is in preparation for Bielagus's upcoming book, Quick Cash for Kids, and so your young entrepreneur's story apparently may wind up in the book. The 100 kids with the best 100 stories will each get a free book, and the youth who wins a grand from Bielagus, also gets a full day of entrepreneurship coaching from the author himself.

And if you win, you are supposed to send half your winnings to yours truly. Seriously, I'm sure it's in the rules or bylaws somewhere. It must be.

When he isn't shamelessly begging for money from America's youth, Geoff Williams is a business journalist, primarily for Entrepreneur magazine, and the author of C.C. Pyle's Amazing Foot Race: The True Story of the 1928 Coast-to-Coast Run Across America (Rodale, 2007).
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