2013 Billiken Angel Network Business Plan Competition
2013 BAN Business Plan Competition
Saint Louis University's Billiken Angel Network announces its third campus-wide business plan competition, sponsored by the Coleman Foundation of Chicago. It will be held at the Cook School of Business on Saturday, May 11, 2013. All types of student-owned business ideas are acceptable: high-tech to no-tech, one-person firms to large teams, for-profit or social ventures, existing or planned, any type of business in any industry.
The first place plan will receive $1000, second place $750, third place $600, fourth place $500, and fifth place $400. Those receiving Honorable Mention will receive $250. All finalists will have the chance to present to members of the Billiken Angel Network. In addition, all submissions will receive feedback on their ideas from the members and staff of the Billiken Angels. The BAN is SLU's angel network, comprised of nearly 30 local business people with a commitment to growing the campus and the community.
Submissions for campus-wide entries are due by 5 p.m. Friday, May 3rd, 2013 - email plans to Prof. Jerome Katz, firstname.lastname@example.org. All business plans must be submitted electronically (PDF or DOC format, we prefer having the financials in the business plan rather than in a separate file - here is how to "embed" excel files in Word documents according to eHow and Microsoft - if you need to change the page orientation to landscape to fit-in more columns, here is how in eHow and Microsoft).
There is no required format for the business plans. Formats used in any class at SLU qualifies, as do formats used for local business plan competitions (Arch Grants, Olin Cup, Capital Innovators, STL Business Development Council, etc.). You must include contact information (email, phone) for all authors of the plan on the cover of the plan. Leaving out plan authors are grounds for automatic elimination and may be a violation of University ethics policy.
For help in putting a business plan together, there are several free resources. A very good set of guides can be found at SCORE (click here) and the SBA (click here). There are two free on-line business plan creation programs (basically a series of brief how-to explanations and space for you to write each small section) at Purdue University and from Bizgym.com, Interactive Business Planner, Plan2biz.com. For mentoring assistance as you put together your plan, you can contact the Center for Entrepreneurship at SLU's John Cook School of Business.Plans will be screened by the Fellows of the Billiken Angels. Fellows are volunteers (many of them SLU alums) from a variety of professions who routinely help the angels with screening and analysis of opportunities. They will select five finalists and up to five plans receiving Honorable Mention.
The five finalists will present on May 11th. Each will have 15 minutes, followed by a 20 minute Question-and-Answer session with the judges. The judges will announce the winners at the end of the Competition.
Please contact Prof. Jerome Katz (email@example.com, 977-3864) with any questions.