Most business plan competitions have peanuts as their grand prizes ($5 – $10K), but Entrepreneur argues that the prize isn’t the reason to compete: In many cases, participation prompts young entrepreneurs to think about their business plans in new ways — a process that can help them refine their message and their brands. Another benefit: […]
Business Plan Competitions: It’s Not About Winning Read More »
Business owners, and their teams, often lose their way in the midst of the day-to-day stress of generating sales and profits. Suddenly, everyone becomes so focused on short-term goals that the entire organization loses sight of the long-term vision. The solution is to “start at the end.” When you know where you want your business
BusinessPlanCompetitions.com bills itself as the “world’s most complete listing of entrepreneurship contests, elevator pitch events, and business plan competitions.” I especially like their map view.
A Business Plan Competition Directory Read More »
I’m glad to see that some business plan competitions are focusing more on the business and less on the plan. WSJ: Less planning, more legwork. That’s the formula some business schools are using to overhaul the competitions they conduct each year to test their students’ mettle as entrepreneurs. The contests, which have been an academic
Business Plan Competitions Revamped Read More »
Entrepreneurs want early capital for their business with no equity in return. Most sources scoff at this idea, whether it’s an investor, grant or business plan competition. Not Arch Grants. They’re awarding $1 Million in early-stage capital to startups with no equity in return. So what’s the catch? A commitment to St. Louis. Arch Grants
Business Plan Win Competition: Win $50K and Move to St. Louis Read More »
