business plan competitions

10
Business Plan Competitio ns AACSB Northeast Business School Deans’ Conference Presented by Dr. Irina Naoumova, Associate Prof. of Entrepreneurship

Upload: maree

Post on 25-Feb-2016

62 views

Category:

Documents


0 download

DESCRIPTION

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 Presentation

TRANSCRIPT

Page 1: Business Plan Competitions

Business Plan

Competitions

AACSB Northeast Business School Deans’ Conference Presented by Dr. Irina Naoumova, Associate Prof. of Entrepreneurship

Page 2: Business Plan Competitions

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

Page 3: Business Plan Competitions

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

Gro

w B

usin

esse

s fr

om t

he B

otto

m-

Up

Page 4: Business Plan Competitions

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

Gro

w B

usin

esse

s fr

om t

he B

otto

m-

Up

Page 5: Business Plan Competitions

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

Page 6: Business Plan Competitions

• 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

Page 7: Business Plan Competitions

• 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

Page 8: Business Plan Competitions

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

Page 9: Business Plan Competitions

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

Page 10: Business Plan Competitions

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!