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Business Plans Blog -- Archive
 2006 - Business Plan Competitions

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Nov 30, 2006, Register Now for Bio-Life-Tech Princeton

This is the last chance to register for Early State East's sell-out event Bio-Life-Tech Princeton. Bio- Life-Tech Princeton focuses on early stage companies involved in life science, biotechnology, pharmaceutical, medical instrumentation and the related emerging technologies. The conference will bring 200+ entrepreneurs, CEOs, VCs and investors together in one the East Coast's hot beds of life science innovation and investment.

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Nov 21, 2006, $100,000 in Business Plan Competition for Energy Companies

A syndicate of investors and professional service firms have organized to launch a new collaborative and a $150,000 business plan competition aimed at cultivating and recognizing New England's energy community.

The group will be known as the New England Energy Innovation Collaborative (NEEIC), and is being sponsored by investment firms General Catalyst Partners, Atlas Venture and Advanced Technology Ventures, along with law firms Choate, Hall & Stewart and Mintz Levin, public relations firm fama PR, marketing firm Hunt & Gather and the MIT Entrepreneurship Center.

The contest is open to any individual or group with proprietary, innovative energy technology (or an innovative services business model) that has not yet received venture capital funding and that plans to establish its business within New England. NEEIC plans to announce winners of its competition on March 10, 2007 at the MIT Energy Conference.

Submissions for the competition are due Jan. 22, 2007.


 

Nov 18, 2006, Win an Island in Second Life Business Plan Competition

In an effort to foster entrepreneurialism within Second Life, Edelman and The Electric Sheep Company are teaming up to sponsor a Second Life Business Plan competition.

Have you dreamt of that great idea but lacked the resources to get it off the ground? Now may be your chance. Over the next few months, Second Life will be accepting business plan entries, and the winner of the contest can gain sole access to a Second Life private island for 6 months, as well as L$350,000 seed money, and strategic guidance from Edelman and The Electric Sheep Company. Two runners-up can win L$100,000.

Your business needs to be focused on the Second Life community, but there are no requirements as to what kind of business, i.e. it can be a product or service business, and you can include non-Second Life components such as a Website or machinima. Interested entrepreneurs should submit a business plan of no more than 2,000 words by December 20th, by e-mailing ventures[at]electricsheepcompany.com. Join the “SL Business Plan Contest” group in Second Life for notices about this event.

[Note: If you don't understand this announcement any better than I do, it's probably not your type of competition.]

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Nov 8, 2006, Super Exposure in FinNode-Red Herring Business Plan Competition

FinNode and Red Herring have teamed up to find innovative ideas about how to harness the power and the ubiquity of mobile devices. (Honest, that's their definition, not mine.)
With the considerable worldwide power of both companies, the winners can expect lots of exposure in the press, an opportunity to create their idea, and access to venture capitalists.

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Nov 8, 2006, Early Stage Business Plan Competition in India

Canaan Partners, an international venture capital firm, and TiE (The Indus Entrepreneurs) come together to organize 'TiE - Canaan Entrepreneurial Challenge', a national level business plan competition in India with the intent of supporting entrepreneurship in India and recognizing entrepreneurs at an early stage.

'TiE - Canaan Entrepreneurial Challenge', is a business plan competition where applicants will go through two rounds of evaluation and selection. In every round, these participants will get feedback on their proposals.
The venture capital market in India is exploding, and this is an excellent opportunity to put your company in front of very important investors.


 

Nov 5, 2006, Great Lakes Entreprenuer Quest Competition

Nov. 7 is the deadline for Phase-1 of the Great Lakes Entrepreneur's Quest.

Registration for Phase-1 of the Great Lakes Entrepreneur’s Quest Business Plan Competition closes on Nov. 7, but teams have until Dec. 15 to submit their five-page executive summary. Twenty seven companies are already registered in the competition. This year, the top ‘Emerging Company’ in the statewide competition will be awarded $25,000. Recently, nine alumni of the GLEQ program captured over $17 million in awards from the 21st Century Jobs Fund.


 

Oct 29, 2006, Rhode Island Business Plan Competition

The Rhode Island Business Plan Competition today announced that it will hold the first statewide Elevator Pitch-Off on Nov. 9, at which participants will present their business ideas in 90 seconds to a panel of judges and get immediate feedback and a chance to win cash prizes.

The event, co-sponsored with the Brown Forum for Enterprise, is open to anyone, but pre-registration is required.


 

Oct 4, 2006, Ready to Launch? Present Your Company!

SVASE (Silicon Valley Association of Startup Entrepreneurs) is hosting an event called “Launch: Silicon Valley” on November 8 at the Microsoft Campus in Mountain View, California. SVASE is looking for new companies that are ready for launch or have launched recently. If you want to nominate a company, please email a two-page executive summary to: LaunchSV@svase.org.


Sep 28, 2006, Snowe-Kerry Introduce Tax Credit For Angel Investors

Sen. Olympia J. Snowe (R-Maine) and Sen. John F. Kerry (D-Mass.), the chair and ranking member of the Senate Committee on Small Business and Entrepreneurship, today introduced the "Access to Capital for Entrepreneurs Act of 2006 (ACE)," legislation (S. 3950) that would encourage equity investments in small businesses by providing "angel investors" with a tax incentive to fund new small business enterprises. Contact your Senator to encourage passage of this act.


Sep 28, 2006, The Best of the Southwest in Early Stage and Emerging Companies

Invest Southwest is searching for the Best of the Southwest -- the region's 10 most promising early stage and emerging growth companies.

The Feb. 22 conference is the successor to the Arizona Venture Capital Conference and the Arizona Angel Investment Conference.

The 10 selected companies will present their business plans to qualified investors from across the country, including representatives of venture capital and private equity firms, and angel investors. Applicants must be seeking a minimum of $250,000 to $5 million in equity capital.


Sep 16, 2006, Pick up $50,000 in Business Plan Competition

The Maryland Department of Business and Economic Development said Thursday it would match the $25,000 prize the Chesapeake Innovation Center is offering in its new business plan competition for homeland security startups, doubling the winnings.

Chesapeake Innovation Center officials say the marketplace is still hungry for innovative "informatics" firms, companies using software to comb reams of data for patterns and insights into potential security risks, and hopes the business plan competition can help unearth them.

The grand prize was initially set at $25,000, but Gov. Robert Ehrlich said in a statement Thursday that, by raising the prize to $50,000, the state was intent on "challenging Maryland's best and brightest to develop innovative technology that will ultimately serve to defend our nation."


Sep 6, 2006, Woman of the Year Nominations Due Oct 15

Third Annual Women of the Year Award nominations are due Oct. 15, 2006.

OPEN from American Express and Entrepreneur magazine will honor one outstanding woman entrepreneur as Woman of the Year.  If you are the woman business owner who best exemplifies the qualities needed to be truly successful in business today -- competitiveness, compassion and clarity of vision -- you could be our winner.

To qualify, a woman business owner must be a founder of the business; own at least 51% of her business; be actively involved in day-to-day operations; have been in business for at least one full year; have 2005 sales of at least $1 million; and have fewer than 100 employees.

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$85,000 in Grants Goes to Minority Owned Businesses

Six entrepreneurs in the Pennsylvania Minority Business Development Center's Sixth Minority Business Plan Competition are now $85,000 richer, coming out ahead in a field of 160 contestants.

The awards are as follows: 

* Robin's Desserts & Bakery of Philadelphia, healthy food alternative for baked goods/whole foods/produce. Owner: Jerome Shabazz. Winner of $25,000 Growth Innovation Award sponsored by The Enterprise Center.

* Heritage Capital Services, a Conshohocken, Pa., mortgage broker that originates residential and commercial loans. Owner: Lisa Salley. Winner of the$25,000 Business Innovation Award sponsored by The Enterprise Center. 

* Eats Food Market of Philadelphia, gourmet food products. Owner: Radiant Dixon. Winner of $10,000 Food Retailer Award sponsored by The Reinvestment Fund. 

* Philadelphia Diamond Co., special and customized jewelry. Owner: Kenyatta Black. Winner of the $10,000 Neighborhood Retailer Award sponsored by Neighborhood Transformation Initiative.

* OmPay LLC of Philadelphia, cashless technologies to government agencies and private operators in the transportation market. Owner: Nitin Khanna. Winner of the $10,000 Teckhnology Trailblazer Award sponsored by GlaxoSmithKline.

* Art Official, urban clothing line focused on positive messages to uplift the African-American community. Owner: Gary Carr of Philadelphia. Winner of the $5,000 Emerging Fashion Business Award sponsored by The Enterprise Center.

The Enterprise Center was founded in 1989 by the Wharton Small Business Development Center to fuel minority entrepreneurship in urban communities. It operates the Pennsylvania Minority Business Development Center.

Congratulations to everyone who participated.  It is refreshing to see a competition of this caliber targeted to minority businesses.


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