January 19, 2010 Business plans due by 9 a.m.
The submitted business plan must be no more than 25 (typed and double-spaced) pages of text including the Executive Summary.
The financial statements, as well as graphs, appendices and other documents relevant to the business, should follow the plan. The total plan should be no longer than 35 pages.
Financial data must include income statements, cash flow statements and a balance sheet. At a minimum, your financial data must include monthly financial statements for the first year of the business and an annual financial statement for the first year of the business and an annual financial statement for years one through five.
February 19, 2010 Finalists announced
Screening and selection of finalists. The business plans will be distributed to a panel of judges consisting of BU faculty, distinguished entrepreneurs and industry experts. Entries will be judged on the feasibility of the idea, the quality of the business plan, and the level of commitment to executing the plan. The final teams will receive mentoring before they submit their final business plans.
March 15, 2010 Final business plans submitted
Finalists must submit 4 hard copies and 1 electronic copy of their final business plan by 9 a.m.
April 7, 2010 $50K Business Plan Competition
Finalists present to a panel of outside judges consisting of VC's and other members of the business community. Each team is given a maximum of 20 minutes to present their business plan followed by a 10-minute Q&A session from the judges. The judges consider the quality of the written business plan and the ability of the team to successfully communicate the goals of their plan. The winning team is selected immediately following the presentations. The event is open to the public and attended by the BU community. Register
Thanks to the $50K Business Plan Competition Sponsors
