Business Plan Competitions AACSB Northeast Business School Deans’ Conference Presented by Dr....

Business Plan

Competitions

AACSB Northeast Business School Deans’ Conference

Presented by Dr. Irina Naoumova, Associate Prof. of Entrepreneurship

Barney School Annual Business

Plan Competition

The Competition Categories

Individual 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


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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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

• 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

• 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


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


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


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


Northeast Business Schools students are welcome to join us!

Business Plan Competitions AACSB Northeast Business School Deans’ Conference Presented by Dr....

Documents

Transcript of Business Plan Competitions AACSB Northeast Business School Deans’ Conference Presented by Dr....