New Venture Competition

Entering the Competition

Baylor Business New Venture Competition

Eligibility and Other Information

A brief outline for entering the Baylor New Venture Competition can be found in the tabs below. For details on these items, consult the Official Guidebook.

Forming a Team

Detailed eligibility rules found on pages 3-4 of the Official Guidebook.

To be eligible for the competition, your team must:

  • Have 2 - 4 team members.
  • Be current students (undergraduate or graduate) or have graduated May 2018 or later.
  • Have at least one member that is a current full-time university undergraduate or graduate student.
  • Designate a point-of-contact person responsible for communication with competition organizers.
  • Have team members that hold fundamental, equity-holding positions within the company and have a combined ownership of at least 25% of the founder's equity in the company.
  • Not have members on multiple teams in the competition.
  • Be present during the entire competition and at the time of the prize presentations to be eligible for prizes.

Eligible Plans

Detailed eligibility rules found on page 4 of the Official Guidebook.

Business plans submitted by teams should be for ventures that are:

  • Early stage
  • For-profit
  • Potentially seeking initial investment capital


Submissions should not include:

  • Buy-Outs
  • Entity Expansions
  • Real Estate Ventures
  • Not-For-Profits
  • Subsidiaries
  • Recapitalizations
  • Sole Proprietorship


Executive Summary Format

All executive summaries must be submitted in PDF format using the submission site. Please name the file as: BNVC_CompanyName_UniversityName_Exec.pdf.
Consult the Resources page for an example. Due date for submission is November 1, 2019.

Required Components

Detailed format requirements are found on pages 5-6 of the Official Guidebook:

  • One Sentence Summary
  • Overview of Business
  • Problem Solved
  • Product or Services Offered
  • Market Overview
  • Business Model
  • Customers or Prospective Customers
  • Sales and Marketing Strategy
  • Competitive Environment
  • Management Team
  • Capital Needed
  • Contact Info for the Team Leader

Business Plan Format

All business plans must be submitted in PDF format using the submission site. Please name the file as: BNVC_CompanyName_UniversityName_Plan.pdf. Consult the Resources page for an example. Due date for submission is January 6, 2020.

Required Components

Please consult the Official Guidebook, pages 6-8 for additional format requirements:

  • Title/Cover Page*
  • Table of Contents*
  • Executive Summary
  • Business Mission and Vision
  • Business Description
  • Market Analysis
  • Description of Products and Services
  • Organization and Management
  • Marketing and Sales Strategy
  • Financials (five-year projected Income Statement required)
  • Appendix (up to 10 pages, must be clearly indicated as appendix pages)

*Does not count toward 10-page total

Information Sessions at Baylor

Please follow the Baylor Entrepreneurship & Free Enterprise (@BaylorEntrepreneurship) Facebook page for updates regarding general information sessions for the 2020 competition.

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