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Student entrepreneurs are invited to enter a competition for a chance to win $10,000.

The ACE 2009 National Student Entrepreneur Competition is open to successful entrepreneurs attending a Canadian university or college full time.

The National Student Entrepreneur Competition celebrates the commitment, determination and achievements of student entrepreneurs. Through this annual program, ACE and CIBC create a platform for young business leaders to network with like-minded students, showcase their businesses on a regional and national stage to top executives, receive training and leverage valuable mentorship opportunities to accelerate the growth of their businesses.

"We strongly encourage all student entrepreneurs to come forward and apply for the unique opportunity to showcase their business on a provincial, regional, national and international stage," said Amy Harder, president of ACE in a release.

Nominations and self-nominations will be accepted until Dec. 12 at www.acecanada.ca.

Twelve provincial champions will be named in January, earning the right to represent their province at one of three regional competitions held in Calgary, Halifax and Toronto. Regional champions will then move on to the final round of competition taking place at the ACE National Exposition, May 4 to 6 in Toronto.

Each provincial champion will receive complimentary lodging and travel to attend their regional event. Regional champions will receive a $1,000 cash prize and the national champion will receive $10,000. If eligible, the winner will also represent Canada at the 2009 Global Student Entrepreneur Awards, operated by Entrepreneurs' Organization.

Founded in the mid-1980s, ACE is a national not-for-profit organization that is teaching young Canadians to create brighter futures for themselves and their communities through enterprise.