Students will be required to bring a CD or USB device with the file containing any material they wish to project. The business plan may be prepared under faculty supervision for credit in a regularly scheduled course or as independent study.
Include an explanation to investors of how much capital will be required in the first and future rounds of investment, how funds from the first round will be used, what milestones will be met using the first round of funding, delineate possible exit strategies, identify companies or categories of companies for which this company might be an attractive acquisition candidate in future years.
The business should not have generated significant sales revenues prior to the competition.
Judging The competition takes place in two parts. Judges do not discuss their opinions of contestants until after all scores have been submitted. The most compelling business plan is one that effectively integrates all components of the plan, rather than simply forming a strong sum of parts.
Enrollment is limited to the semester during which the contest begins. Business Plan Samples Overview The Business Department encourages students from different academic disciplines to work together to develop new business ideas and create a business plan for those ideas. Each team may submit only one business plan to the competition.
Intent Forms must be submitted no later than dates TBD. In case of a tie, the judges will reconvene and discuss the tied teams in order to determine a winner.
Scholarship funds and in-kind gifts 3rd Place: Cover sheets are not counted in total number of pages. There will be awards given out in the following categories: Appendices should be included only when they support the findings, statements and observations in the plan.
The business plan must be for a seed, start-up or early stage venture and must address the entire business concept including implementation. A panel of judges evaluates the written plans prior to the oral competition and selects the six semi-finalist teams. This panel selects the first, second and third place teams.
All judges ultimately consider the entire business concept of each business plan submitted, looking at overall feasibility, combined with significant capital gains potential, attractive investment possibilities and actual implementation. The plans may not contain fabricated information about but not limited to the following: Summary financial data should include a five year pro-forma cash flow statement, income statement and balance sheet.
Either an individual or a group may develop the business plan.
After competing, each team will receive a ten minute feedback round from the judges. If they did not place in the top three, they may submit the same or revised version of the business plan or idea presented the previous year. The final phase consists of a new panel of judges who will evaluate the finalist teams based upon their revised written business plan submission and their oral presentation.
Team members are not allowed to bring food or beverages into the rooms for presentation. Further, it is likely that any or all of these public sessions will be broadcast to interested persons through media, which may include radio, television and the Internet. Scholarship funds and in-kind gifts Additional awards consisting of scholarships and professional business services may be provided to winning team members depending on sponsorship support.
The competition also seeks to provide them with the resources, not only to write comprehensive, complete and concise business strategies, but to also see those plans come to be realized.
Business plans may include the expected Return on Investment ROI for investors and the proposed structure of the deal, i.
Any data or information discussed or divulged in public sessions by entrants should be considered information that will likely enter the public realm, and entrants should not assume any right of confidentiality in any data or information discussed, divulged or presented in these sessions.Business Plans Are Due: March 1, QEDC is a nonprofit governed by a board of directors representing the borough's many community and business sectors.
It is funded by the New York City Department of Small Business Services, the New York State Department of Economic Development and the Small Business Administration in.
City Announces Partnership with City College of New York To Prepare New Yorkers for In-Demand Tech Jobs Read the Press Release Through our NYC Tech Talent Pipeline (TTP) initiative's CUNY 2x Tech initiative, City College will join Hunter College and Lehman College to help more than CUNY students access courses, advising, and.
The New York Public Library, supported by the Citi Foundation, is proud to announce the 9th Annual New York StartUP! Business Plan Competition for New York-based startup entrepreneurs.
Entrants can win $15, to start their business, as well as gain practical insights about starting and growing a business, while using the comprehensive small business resources at NYPL’s Business.
The New York Business Plan Competition judges will evaluate your pitch and responses to their questions based on the following criteria: Market Opportunity -- Clear market need and a plan to take advantage of the need.
Upon winning, and if you are eligible, the County Fair Talent Show Chairperson will forward the appropriate paperwork to the New York State Fair. If you need information on finding the Talent Show in your county, you may contact the State Fair Entry Department at x Business schools have an elevator pitch for prospective students: Choose our school and win cash for your startup.
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