Applications for the John Pappajohn Entrepreneurial Venture Competition are now open. The statewide competition will award $100,000 in cash prizes, including a first place award of $40,000. Iowa businesses that have been in operation for four years or less, or are not yet cash flow positive are eligible to apply. Participants will be judged on written submissions; finalists will present to a panel of judges. Applications are due May 17 online. The competition is co-hosted by the John Pappajohn Entrepreneurial Centers and the Iowa Economic Development Authority.