Business Plan Competition, Written Plans Due March 6
This competition takes place during the spring semester. All Belmont undergraduate students are encouraged to apply. Students submit written applications and finalists present to a panel of community and alumni judges. The 1st Place Outstanding Belmont Student Entrepreneur of the Year Award is $5,000, with 2nd place receiving $2,000 and 3rd place receiving $1,000.
All students are encouraged to apply, even if the business is in its early stages, using the following guidelines:
1. The competition is open to any currently enrolled Belmont undergraduate student.
2. All finalists are required to present their business plans to a committee of community judges in a formal competition on Fri., March 20, 2009. All written plans are due by March 6. Turn plans in to Becky Gann, 431 – Massey Business Center.
3. Students are required to exhibit proof that he/she through his/her own creative initiative is in the process of starting or is already operating an entrepreneurial business venture.
4. All written business plan submissions will include the following:
* Executive Summary
* Mission and Vision, Goals and Description of the Business
* Marketing Plan
* Operating Plan
* Finance Plan
* Growth Plan
* Financial Reports (historical if applicable and projected: cash flow statement, income statement, balance sheet and use for funds and possible exit strategies)
Please note:
* Plans should be double spaced using a 12 point Times New Roman font and 1 inch margins.
* Maximum 10 pages with 10 pages of financials – TOTAL OF 20 PAGES MAX (note: this is a change in length requirement)
* Business Plans are due on 3/6/2009 - deliver to Becky Gann, 431 Massey Business Center
* Supplemental material can be submitted, but the above criteria will be the sole means used to evaluate all submissions.
* Contact Becky Gann with questions at gannb@mail.belmont.edu or 615.460.6601.
5. Scholarships will be awarded for the current school year and may affect other financial aid. If you have questions about how it may impact your financial aid package, please contact Student Financial Services.
