Palo Alto Software is sponsoring the Governor’s Business Plan Contest in Wisconsin.

The Wisconsin Governor’s Business Plan Contest – the nation’s first statewide, tech-based business plan competition – is accepting entries online for the 2009 competition. Entries will be accepted now through 5 p.m. Jan. 31, 2009. The contest’s Grand Prize is worth $50,000 in cash and services.

Who’s eligable to enter? Wisconsin residents 18 years and older and teams from Wisconsin-based businesses and organziations are eligble to enter the contest.  Teams from outside Wisconsin are eligble as long as they plan to base their business in Wisconsin.

For a full list of rules and contest information as well as the form to enter the contest –  visit the Governor’s Business Plan Contest website.