Ask HN: What business competitions are out there?

There's a lot of talk about getting funding from angel investors. But I seldom hear about business competitions being entered to raise some money without giving away equity. Why is this?

One possible problem is that many of these competitions are geared towards minorities or are actually urban development programs. And the businesses (or business plans or pitches) are judged by suits generally, who often prefer more traditional businesses. I've entered Jellly, my web app, into two such competitions with no success.

Are there any competitions of this kind that are more web or tech-focused? I'm also interested in hearing about competitions that aren't focused in this way.