Students, alumni and faculty have until Jan. 30 to submit entries for the annual GW Business Plan Competition, a contest that carries a top prize of $25,000.
The competition is open to individuals or teams of up to four people. At least half the team members must be either GW alumni, GW students enrolled in the 2011-12 academic year, or current GW faculty.
Last year’s top prize went to a team that beat a record 112 teams with their plan for Lead Driver, a business that allows car dealers to provide brochures tailored to customer preferences. The 2nd place winner received $10,000; the 3rd place winner, $4,000; and the 4th place winner, $1,000. The top undergraduate plan received a $10,000 prize.
The competition is judged in several rounds, including written and oral presentations. Competitors’ plans must for new businesses that have not yet formed, or businesses that are less than two years old with gross sales of less than $200,000 for the year ending Dec. 31, 2011. Previous GW Business Plan prizewinners are not eligible.
The Business Plan Competition is sponsored by Ann and Rick Scott, Florida entrepreneurs whose daughter, Allison Guimard, received her BBA from GWSB in 2005.
For Business Plan Competition rules and entry forms: http://www.gwbizplan.com/rules
Posted by gwsb on January 24, 2012 | Filed under: GWSB News.