New Venture Competition

About the Competition

Baylor Business New Venture Competition

Important Dates

Please note that all submission deadlines are firm.

August 1, 2018 Entry Period Opens
October 1, 2018 Executive Summary Deadline (11:59 p.m. Central Time)
October 29, 2018 Announcement of Top 50 Teams Advancing
November 23, 2018 Business Plan Submission Deadline (11:59 p.m. Central Time)
January 4, 2019 Announcement of Top 10 Finalist Teams
February 21 - 23, 2019 Baylor New Venture Competition at Baylor University in Waco, TX

2019 Eligibility

The 2019 Baylor New Venture Competition is open to all not-for-profit accredited university students and recent alumni. There is no limit to the number of teams from a single university that may apply. For further information on team eligibility, visit the Official Guidebook for details.

 

Competition Format

Below is a brief description of how the rounds take place as the applicant pool is narrowed during the course of the competition:

  • Round 1: Executive Summary (Online)

    Teams submit a 2-page Executive Summary of their business concept. Entries must be received by 11:59 p.m. Central Time on October 1, 2018. The Top 50 teams will be chosen and notified of their advancement to the next round.

  • Round 2: Business Plan (Online)

    The Top 50 teams will submit a full business plan by 11:59 p.m. Central Time on November 23, 2018. The Top 10 Finalist Teams will then be assigned a mentor and compete in the finals at Baylor University.

  • Live Presentation Rounds at Baylor University in Waco, Texas

    • Pre-Competition Activities (Thursday and Friday)

      Thursday, February 21: Individualized, in-depth coaching sessions

      Friday, February 22: Kickoff Events and Feedback Sessions

    • Finals: Saturday Morning, February 23

      Five of the 10 finalist teams will be randomly chosen to present to a panel of judges. Judges will score each team and record feedback comments.

    • Finals: Saturday Afternoon, February 23

      The remaining 5 of the 10 finalist teams will present to the panel of judges. Judges will score each team and record feedback comments.

    • Judging Review and Final Scoring

      Judges will review presentations and finalize their scoring. Award winners will be determined and announced at the Awards Banquet on Saturday evening.

  • Elevator Pitch Competition during Awards Banquet
    • Round One: 

      A member from each team will present their 90- second pitch for audience polling. The top four teams advance.

    • Round Two:

      A different member from the top four teams presents their 90-second pitch for audience polling.  The top three winners are chosen according to the number of audience votes in round two.

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