Is your “inner entrepreneur” demanding to be set free? Do you want to join that elite group of individuals who have taken ideas and turned them into successful businesses; creating value, jobs, and considerable wealth in the process? If so, we invite you to enter our annual Undergraduate Business Plan Competition. With the mission of strengthening the entrepreneurial culture and spirit across the university, the competition allows participants to enhance their understanding of new venture creation, polish their communication skills, minimize the risks involved in creating a sound business plan, and network with other entrepreneurially-oriented students, successful local entrepreneurs, and potential investors.
This three-round competition takes place each spring (in April) and is open to any undergraduate student on the Knoxville campuses.
Schedule for 2014 TBA in Feb 2014:
- Submit Concept Statement: firstname.lastname@example.org; put “Undergraduate Business Plan Competition” in the subject line
- Invitations to round #1 issued:
- Presentations for round #1:
- Final Award Round:
The competition is open to any undergraduate individual or team from any college within the University of Tennessee in Knoxville. The only requirements are that the team leader be enrolled in a UT degree program on the Knoxville campuses and that the submission be the individual or team’s own original work and ideas. There will be awards in two categories: growth businesses and lifestyle businesses.
Prizes (for each category):
- First place: $5,000
- Second place: $3,000
- Third place: $2,000
- Competition Guidelines
- Submission Requirements
- How to Strengthen Your Plan
- Growth vs. Lifestyle Businesses
- Business Plan Resources
- Agreement and Certifications