New Venture Business Plan Competition Launches at BaylorOct. 2, 2011
The Baylor Entrepreneurship New Venture Business Plan Competition is a single day, dual round business plan competition promoting entrepreneurship and small business development. The competition, underwritten by a generous anonymous gift to Baylor University and the Hankamer School of Business, provides students with expert feedback and, in this inaugural year, the opportunity to win part of $25,000 in prizes to help fund their ventures. In 2013, total funding for the competition increases to $100,000.
Submissions should be for ventures that are early stage, for profit and could be seeking investment capital. Students must have fundamental founding positions within the company or have a combined ownership of at least 25% of the founder's equity in the company.
Teams may be composed of up to four current full-time undergraduate or graduate students. Post-graduate students may also participate but must have graduated within the previous 12 months of the submission deadline for the competition. All team members must be present during the entire competition and at the time of the prize presentations to be eligible for prizes.
Teams that make it to the final round will compete for a grand prize of $15,000. Each presenting team is only eligible for one prize.
Awards for the top 3 prizes will be:
- 1st Place - $15,000
- 2nd Place - $5,000
- 3rd Place - $2,500
The New Venture Business Plan Competition will begin its kick-off in mid-October with a campus-wide information blitz. The multi-phase competition will culminate on April 14th, 2012 with semi-finalist and finalist presentations.
For more information, see the Baylor New Venture Business Plan Competition website. Email questions to [email protected].