15th Annual West Virginia Collegiate Student Business Plan Competition
Submission Deadline11/13/2020
Description

Welcome to the 15th annual West Virginia Statewide Collegiate Business Plan Competition! The BPC provides college students throughout the state of West Virginia with the unique opportunity to make a business idea come to life with the support of state institutions of higher education and seasoned business professionals from around the country. The competition awards a minimum of $40,000 each year to eager entrepreneurs willing to invest in West Virginia.

Goal: To work collaboratively with a mission to move the state forward by engaging young minds to solve West Virginia’s greatest issues. The future of our state is at hand, and we are working to involve young talent from across the state to share their ideas. We will provide students with the education, skills, contacts, and motivation necessary to create a viable start-up company in West Virginia. Two (2) grand prize packages consisting of $10,000 cash, consulting services, and legal services are awarded to the top team in each category:

Category 1: Lifestyle and Hospitality – Products or services that are part of daily life or relevant to hospitality, restaurants, hotels, tourism or related fields. They can be the introduction of new products or services, or new methods or techniques of existing products or services.

Category 2: STEM and Innovation – Products or services with an emphasis in science, technology, engineering, math, energy, and healthcare, or any new innovations. They can be the introduction of new products or services, or new methods or techniques of existing products or services.

In addition to the two grand prize packages, the competition awards an additional $20,000 of at-large prize money donated by ZinnStarter. Ray Zinn created ZinnStarter in 2016 to support early-stage entrepreneurs to foster startups.

 

Getting Started

Use these resources to get acquainted with the Business Model Canvas before submitting your business idea!

Rules

* FULL RULES AND REGULATIONS FOR THIS COMPETITION MAY BE DOWNLOADED AT THE BOTTOM OF THIS PAGE.

Any full-time college student attending a degree-granting West Virginia institution. Open to all majors. Full-time status will be verified.

Students participating in university-approved co-op programs are considered full-time students for the purpose of this competition.

Students that graduate in December 2020 are eligible to compete, but MUST attend all mandatory functions related to the competition during the spring of 2021.

Important Dates:

  • November 13, 2020     Round One submissions due by noon
  • December 7, 2020         Semifinalists notified
  • January 15, 2021         Feasibility Studies due by noon
  • January 22, 2021         Semifinals – West Liberty Highlands Center
  • February 27, 2021         Workshop – West Virginia University
  • April 6, 2021                 Final Business Plans due by noon
  • April 13, 2021               Final Competition – Charleston Convention Center
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