Competition has helped more than 7,000 of Minnesota's entrepreneurs launch their breakthrough business ideas.

The ninth annual Minnesota Cup competition, the largest statewide new venture competition in the country, opens for entries on March 25.

The Minnesota Cup supports and accelerates the development of breakthrough business ideas from across the state to build the vibrancy of Minnesota's business community.

Minnesota residents have until May 17 to submit entries on the Minnesota Cup website to compete for $200,000 in prize money.