Business Plan Competition 2021
Submission Deadline01/26/2021
Description

The St. Thomas Business Plan Competition is open to all St. Thomas students with plans for a new company or with a business that’s been incorporated less than 12 months.

Have you participated in the Fowler Business Concept Challenge, the Lemonade Stand, gAlpha, gBETA or any other business competition? This is the logical next step to get your plans on paper, move your business forward and get paid in the process.

There are two divisions of competition – undergraduate and gradute/recent alumni – with a top prize in each of $10,000 cash. Additional prizes totaling $8,000 more are awarded to teams that advance to the finals division. 

Rules

Submissions should be new business plans. If a business plan has won a previous St. Thomas Business Plan Competition, it is disqualified from the competition. Students may submit as many business concepts as they would like, but students are limited to only one concept to compete in the final competition on February 21.

Eligibility

In Either Division:

  • Submissions must be for a new company or for a business that’s been incorporated less than 12 months and cannot have won a previous St. Thomas Business Plan Competition.
  • The business should not have received more than $200,000 in equity-related capital (such as seed capital or institutional funding) or generated more than $100,000 in gross revenue prior to the current academic year (2020-21). Revenue generated during a test-marketing project may be excluded from this provision.
  • Teams typically consist of one to four members.
  • Each team must designate one student member as the team leader and point-of-contact for the competition.
  • Teams may include non-student members, however, these individuals cannot make up the majority of the team, cannot take part in pitch presentations or win prize money.

          Undergraduate Division

  • The competition is open to all currently enrolled University of St. Thomas undergraduate students registered in the semester of the competition with a valid St. Thomas student ID.

    Graduate and Recent Alumni Division

    The competition is open to currently enrolled graduate students and post-doctoral fellows registered in the semester of the competition with a valid St. Thomas student ID. Recent alumni, students who have graduated within the past five academic years are also eligible to compete in this division.  

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