- Plans are due Monday, March 24th by 5:00PM! Read below for more information and submission tips
- Be sure to address all sections of the plan indicated in the business plan template located HERE under the section entitled “What You Need to Do”
- Do not place your content into the template – create your own word document
- The template uses a border that will restrict the amount of content you can use
- Documents must be no larger than 1 MB – No exceptions!!
- Plan must be 15 pages or less excluding the title page, table of contents, two-page max executive summary, and three-page max appendix (if needed)
- All pages should use:
- Single spaced 11-pt Arial font
- 1″ left margin, 0.5″ right margin
- No part of the business plan may be placed in the appendix (such as the financials or marketing plan)
- The appendix is only to be used for photographs, charts, graphs, architectural renderings, etc.
- Low resolution, small file sizes can only be used in the appendix
- You must use the title page found HERE under the section entitled “Submission Information”
- This should be the first page of your business plan
- Please make sure all the requested info is contained
- You may include a logo on the title page
- All parts of the plan must be contained in one word document
- You may NOT send an external excel spreadsheet as an attachment
- Plans are due by 5 PM Monday, March 24 and will be time stamped
- Upload your plan HERE using the box at the bottom of the page
- After clicking submit, the submission form section will read: “Thanks for your submission!”
- PLEASE TAKE A SCREENSHOT OF THIS PAGE
- Be sure that the date and time in the lower right-hand corner are visible
- Save this screenshot in a Word Document to confirm punctual submission in the event of technical difficulties
- You will receive a confirmation email
- If you do not receive confirmation by Tuesday afternoon, please immediately send your plan and the screenshot indicating a prior attempt of submission before the deadline to [click-for-email]
- Please do not upload your plan more than one time
Tips
- This is a business document, and as such, judges greatly prefer formal language
- Avoid use of informal terms and/or slang
- Sentences with “I” in them are not appropriate for the business plan
- Ex: “I feel that the opportunity…” Or “When I researched the idea….” Please consider rewording such phrasing
- Use spell check prior to submission and be sure to use proper grammar
- Have your mentor and/or advisor review your plan for errors, omissions, faulty logic, etc.
- Research the industry, market, and competition
- Use facts and figures wherever possible to justify your position
- Be sure to quote the source of the information
- Judges prefer plans that are comprehensive, strategic, logical and implementable
- Make sure financials are realistic and grounded in the assumptions you’ll include in the plan
- Write the executive summary last as it condenses all major parts of the business plan
- Follow the order of topics in the template for each section as shown
- Judges will be reviewing plans in comparison to the template
- Start the company overview with
- The problem you’re solving/market opportunity
- Present the value proposition before getting into the product and service descriptions
Be Confident
Let your passion for the idea/opportunity come through!