Creative Business Plan Competition Guidelines Images - 18 choose s evaluation scorecard business enterprise: element i. Written business plan assessment (finished prior to teams arriving on campus) please examine the written business plan on the subsequent components: (the use of this score gadget: 1 = tremendous, 2 = superb, 3 = suitable, four = ok, five = truthful, 6 = negative, 7 = very bad.) 1. Govt precis terrific very terrible (clear, interesting and powerful as a stand-by myself review of the plan) services or products (description, features and benefits, pricing, present day degree of improvement, proprietary position) marketplace and advertising strategy (description of marketplace, competitive analysis, wishes identity, unique skills, sales/promoting) management (backgrounds of key people, potential to execute strategy, personnel desires, organizational structure) precis financials (presented in summary form, clean to read and recognize, constant with plan and powerful) offering and viability (inspiration/terms to investors clarity of investment concept; investment capacity) common evaluation of written plan (is the plan clear and compelling?) Strengths of the written business plan areas for development .
Business Plan Competition Guidelines New Files Should Be Named According To, Following Format: BP_CompanyName_UniversityName Photos
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And should be uploaded to the crew s istart utility preferred suggestions: written business plans are restrained to 20 pages of textual content (typed, double-spaced, minimum 12 point font, and 1 margins on all aspects), and includes the executive summary and precis monetary information. Precise spreadsheets and suitable appendices must follow the text part of the plan however could be restricted to ten pages. Plans with fewer than 10 pages of appendices might not use the ultimate pages to boom the size in their business plan past 20 pages. In total, the most number of pages is 30. Contents of the written business plan: your marketing strategy need to encompass (max 20 pages cover is not blanketed in depend): cowl sheet (corporation name, college. Supplying group contributors, crew chief contact information) executive precis service or product description (incl. Modern reputation of development beta, prototype, and so on.) Consumer/marketplace analysis (market length and capability marketplace share) sales and advertising and marketing plan (how you may cross-to-market) intellectual belongings fame (e.G., Patents, licenses, etc.) Competitor analysis (competition and your competitive differentiation) management team and/or advisors, which includes applicable revel in financial highlights (coins drift, profits statement, & balance sheet) imparting of the corporation (how a lot investment you are looking for, makes use of of investment, feasible exits) business plan monetary records: economic facts should encompass a coins drift statement, income declaration, and balance sheet. This information have to be covered in a summarized fashion inside the most important section of the marketing strategy. Consist of an explanation of the offering to traders indicating how tons cash is required, how it will be used, and the proposed structure of the deal, (i.E., Stock, debentures, and many others.) And possible exit strategies. Distinctive monetary records and tables ought to be included in the appendix. Please notice: the team isn't required to reveal the exact desired terms of the deal (i.E., Proposed company valuation and percentage of enterprise being offered). However, groups ought to assume to be requested about these terms and have to be prepared to reply these questions in some style (if this records isn't always already provided within the written plan.) It is up to the group to evaluate the first-rate manner to cope with this query; but, beyond revel in suggests that some judges will want to recognise a team s predicted organization valuation. Appendices: should be included only when they aid the findings, statements, and observations within the plan. Because of the wide variety of groups within the opposition, judges won't be able to study all the material within the appendices. Therefore, the text portion of the plan (20 pages) must incorporate all pertinent facts in a clean and concise way. All appendices should fall in the 10 web page limit; any pages over this limit will now not be posted or in any other case furnished to the judges. Modifications in your business plan: once your written business plan is submitted on march 18, 2013 it will likely be provided for assessment via the judges, and you'll acquire written remarks for your plan from the judges prior to your arrival on campus on april 11. You will now not have a risk to modify your written marketing strategy after march 18. But, in case you sense the need to regulate your plan, whilst you make your oral displays on campus, you can contain these changes into your presentation. .