Student teams must submit a hard copy of the “Certifications and Agreements Form” (compete agreement) with their final Business Plan submission. Student teams may not compete unless they consent to the “Compete Agreement”. Click here for a copy of the agreement.
Although there is not one format for successful plans, submitted plans should meet the following criteria:
- Cover Page: Plans must have a cover page listing the company name, contact person for the student team, address, telephone, and e-mail information.
- Maximum Length: The body of the plans (excluding cover page, table of contents and appendices) must be no more than twenty (20) numbered pages in length (typed and double spaced; one inch margins all around; no more than 12 characters per inch) including all tables, graphs, photos, references, and summary financial information. Detailed spreadsheets and appropriate appendices may follow the text portion of the plan but will be limited to ten (10) pages. In total, the plan must be no longer than thirty (30) pages. Shorter plans that effectively capture the key elements of a plan are encouraged.
- Executive Summary: Plans must include an executive summary that concisely describes the content of the business plan. Your opening paragraph should contain a brief description defining and positioning your business. Specific criteria are not specified for the rest of the executive summary, but it should generally not be longer than three (3) pages and is considered to be part of the body of the plan (20 pages).
- Appendices: Appendices should be included only when they support the body of the plan. Because judges might not read all the material in the appendices, the body of the plan (20 pages) must contain all information pertinent to the plan.
- Financial Data: Plans must present financial data including cash flow statement, income statement, and balance sheet. The complete pro forma financials should be included in the appendices.
- Ownership Data: Plans must present the equity ownership of the venture. This information may be used both by judges as part of their assessment of the plan and by the organizers of the BPC to verify compliance to eligibility rules.