Chuck Porter’s company, MDC Partners’ Million-Dollar Challenge, encouraged would-be entrepreneurs and “people with dreams” to submit plans for marketing communications agencies in exchange for $1million and a 51% share of the new venture.

It was announced last summer (above), and now there's a winner: Kip Voytek, who will use the $1 million prize for a national institute for education in digital arts and sciences.Continue reading...

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Then you won't want to miss the “Million-Dollar Challenge.” It’s an open invitation to would-be entrepreneurs to create and launch a marketing communications agency.

The winning startup's business plan will receive $1 million from MDC Partners in return for a 51% stake. MDC Partners is the Toronto-based holding company of Crispin Porter & Bogusky and Kirshenbaum Bond Senecal & Partners.

The criteria: “you do brilliant work, you want to make brands famous and you want to drive results for clients.”Continue reading...

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