Sponsored by John Pappajohn, Equity Dynamics, Inc., the Pappajohn Student Entrepreneurial Venture Competition is intended for Iowa university and college students with an interest in starting their own business. Plans are judged based on a) Content of Plan and b) Viability of business idea. Three (3) seed grants in the amount of $5,000 are awarded to the top three business plans submitted in the competition. In addition, all finalists receive $500 if not chosen for the top awards.