Got a technical business idea? Can you create a business plan? Register to participate with a technical business plan and you can win 20.000 USD.
The objective of the Business Plan Contest is to provide a meaningful learning experience for students who are interested in pursuing an entrepreneurial opportunity at some point in their careers. As such, most ideas entered in the competition will be ideas for a new business.
Note that the Contest is designed for embryonic businesses. That is, the Judges do like to see that people are committed, and in some cases, students will have succeeded in raising seed capital, have a beta version of the site, etc. Each team will have to present a Proof of Concept for their product (i.e. a beta version of their website, or of their software/hardware application).
The business plan must be for a seed, start-up or early stage venture and must address the entire business concept (including implementation). Proposals for the buy-out or expansion of an existing company, tax-shelter opportunities, franchise, real estate syndications, and other consulting projects and analyses are not eligible. Likewise, a plan that simply called for the acquisition of one company and the creation of value through „better management” would not be an appropriate submission, nor would a plan to create a hedge fund, investment, private equity or venture capital fund.
More details can be found at the official contest website.
