Business Plan Competition
The Business Plan Competition takes place at the conclusion of both the fall and winter terms and recognizes innovative student business plans. The program was launched in 2010 and has quickly become a cornerstone of the Connolly Center for Entrepreneurship, helping students bridge the gap between what they learn in the classroom and what they will need to know in the real world.
Students enrolled in BUS 399 Entrepreneurship present their plans to a panel of eight to twelve distinguished alumni who have worked as entrepreneurs, venture capitalists, private equity experts, bankers, lawyers, and angel investors. In addition to providing constructive feedback about the business plans, it's not unusual for students to walk away from the event with startup capital, professional assistance, and internship and job leads.
At the December Business Plan Competition, two to three teams are selected to advance to the final round of the competition, which takes place in April. At the April Business Plan Competition, two to three more teams are selected to advance to the finals. The finals take place on the afternoon of the second day of the April competition.
During the first afternoon of each competition, students present their plans to judges in a roundtable format, using the judges' feedback to strengthen the presentations they'll make the following day. When the students present their refined business plans, judges evaluate each team based on the both the quality of the presentation as well as the attractiveness of the investment opportunity.
At the conclusion of the April Business Plan Competition, first, second and third place awards are distributed.