Hurry, you only have until June 30th to submit your entries for the first round of Forbes’ third annual contest.  The “Boost Your Business” competition offers $100,000 in grand prizes.  The winner will receive $50,000 in cash to invest in their business plus $50,000 in advertising on Forbes.com.

This Forbes contest consists of several rounds.  For the initial round, business owners who apply need to submit a 500 word write-up on their business.  Entries will be judged and 20 semi-finalists will be chosen.  Those semi-finalists will be required to provide more information along with a 30 second elevator pitch  video.  The field will then be narrowed down to 5 finalists.  After the final 5 provide detailed business plans and give live presentations in front of the judges, the grand prize winner will be chosen.

Unfortunately, this contest is only open to United States residents over the age of 18.  Complete contest details, information and entry form can be found here. Good luck to anyone who chooses to enter!