business plan competitions
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Business Plan Competitions. AACSB Northeast Business School Deans’ Conference Presented by Dr. Irina Naoumova , Associate Prof. of Entrepreneurship. Barney School Annual Business Plan Competition . - PowerPoint PPT PresentationTRANSCRIPT
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Business Plan
Competitions
AACSB Northeast Business School Deans’ Conference Presented by Dr. Irina Naoumova, Associate Prof. of Entrepreneurship
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Barney School Annual Business Plan Competition
The Competition CategoriesIndividual students or groups compete against each other in two categories:• Undergraduate Student Competition• Graduate Student Competition
Eligibility: University of Hartford students; if business plan is prepared in teams, University of Hartford student should be a leader of the team.
Statistics: 117 students participated in 4 years; 108 business plans presented
…is a mezzanine level competition to prepare students for the state, national and international competitions
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Barney School Annual Business Plan Competition
Competition Requirements 5-minute elevator presentation Presentation to judges (angel
investors, CT Innovations, CCAT, entrepreneurs)
Two finalists for each category present at Award ceremony
Business Plan Writing Software: Business Plan Pro LivePlan – online version
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Barney School Annual Business Plan Competition
Clinic Sessions Management Team Sales and Advertising Partnering with Others Growth and Exit Strategy Business Plan Financials
Barney Professors and Executives in Residence
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CT Annual Business Plan Competition
• Organized by the Entrepreneurship Foundation Inc. and CT Innovations
• Barney Professors as Mentors• More than $60,000 in Prizes
Statistics: in 4 years – 15 participants; 6 finalists; one – 1st place winner; one – 2nd place winner
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• Unique Concept• Online Format• Unique Technology – LifeSize
– connects 6 sites• Judges from all participating
countries• Project coordinators from
each country and each university
• Blog for participants
Online International Business Plan Competition
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• PaloAlto (business plan writing software company) among sponsors: o LivePlan and downloadable versions
for free for each participating team and mentor
o 24/7 support of the company personnel (Chili)
• Unified requirements and business plan structure
• In English• Time zone management• Prizes used toward business idea
implementation • Online streaming
Online International Business Plan Competition
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Participating Universities • Universidad Adolfo Ibáñez, Chile• Athens University of Economics
and Business, Greece • The Hong Kong Polytechnic
University, Hong Kong • Alliance University, School of
Business, India • UCD Michael Smurfit Graduate
Business School, Ireland • National Technical University,
“KhPI”, Ukraine• University of Hartford, USA
Online International Business Plan Competition
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Participating Universities (cont.) • Adeniran Ogunsanya College of
Education, Lagos, Nigeria• University of Turku, Finland • Dnepropetrovsk State financial
Academy, Ukraine• Pontificia Universidad Catolica Del
Peru – CENTRUM CATÓLICA• National University of Tainan, Taiwan• Kharkiv University of Humanities,
Ukraine• Open International University of
Human Development, Ukraine
Online International Business Plan Competition
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Statistics: • 5 continents • Judges from 7 countries• 2012 – 28 plans; 101 student• 2011 – 21plan; 62 students• 2010 – 13 plans; 40 students
• Great feedback from all students & judges & mentors
• Room for improvement and growth
Online International Business Plan Competition
Northeast Business Schools students are welcome to join us!