Magonaga Industries, Inc. is pleased to announce it is now accepting business plans for competitive review. Business plan submissions will be accepted until January 15th, 2007.

Innovative and coherent plans that meet our criteria for selection will see referral to our capital networks in the first quarter of 2007.

In order to be considered for review and potential referral, submitted business plans must meet the following criteria:

 

	Early stage companies
	Internet, bio/nano or mobile technologies
	Protected position (intellectual property)
	Initial team assembled on project
	Submitted as PDF executive summary

Plans that meet these criteria will be narrowed down to ten finalists who will be invited to conduct an extensive interview with Magonaga Industries and receive assistance in finalizing their plans.

The top three selections will be announced in mid-February of 2007.  Those plans will be submitted to our partners and capital networks for potential funding and operational assistance.

Magonaga Industries, Inc. provides business development, operational consulting and project management services worldwide. For more information on Magonaga Industries, Inc. please visit our Web site at:

www.magonaga.com