My Hot New Biz! is a small business contest targeting women business owners and emerging entrepreneurs. The contest is for women that have either started a business within the past year or plan to do so within 6 months. Qualified participants are required to simply submit an online small business synopsis that describes their current or planned business. The entries will be judged by a panel of seasoned business professionals and entrepreneurs. Each entrant will attend an onsite event at a retail location for finalists and grand prize winner announcement.