Business Plan Competition

1st Annual West Virginia 

High School Business Plan Competition

Hosted by the College of Business & Economics

West Virginia University 

BrickStreet Center for Innovation and Entrepreneurship

Rules and Regulations 

2013-2014

Prize: (1) $10,000 scholarship

Eligibility: Open to all junior and senior students attending high school in the state of West Virginia as well as all technical and vocational schools in the state. Teams may consist of one to three members.

Entry: Create a Team (1-3 members) – Students may only submit one proposal per year.

The proposal must be:

 3 pages maximum

 Cover Page (not counted in the 3 pages)

 

Include: Team Name (no names)

 Double spaced, 12 pt. font

 Submitted electronically, on-line (PitchBurner)

 The student team leader will submit the business plan on the web site

 Name file: “YourTeamName_proposal.”

 Must be saved and submitted as a PDF file*

 First submission due November 15, 2013

 

Business Plans should include the following information:

 Company description

 Product/service description

 Competitive Differentiation

 Customer and market analysis, including market size and potential customers

 Competitor Analysis

 

Judges from each region will then evaluate each submission based on a 100 point rubric. The ten (10) finalists, (top scores from each RESA region, plus next 2 highest scores) will advance to the final competition. Finalists will be announced December 16, 2013.

Coaching and Workshop 

Finalists from each district will be paired with a business coach (volunteer) from December finalist announcement through the end of the competition. The coach will mentor and support the students in developing a complete business plan for their idea. This person can be a teacher or business leader in the community of that region.

Finals

Teams will turn in their final business plan March 3, 2014.

 Final Business Plan must be 12-15 pages

 Double spaced , 12 pt. font

 Include Cover Page

 Submissions will be done by team leaders on-line

 Must be saved and submitted as a PDF file*

 

Final judges will be able to grade business plans using the dada management system before they attend the final competition. Final competition held at WVU in Morgantown, WV in the Mountainlair March 22, 2014. Secondary schools will be responsible for providing transportation and hotel rooms for out of town students and judges.

West Virginia High School Business Plan Competition 

Finals

Saturday, March 22, 2014 

West Virginia University Mountainlair

3:00 p.m. Opening remarks

Speaker

3:15 p.m. Competition Begins

10 Minute Presentations 5 Minute Q&A

5:45 p.m. Break

6:00 p.m. Award $10,000 Scholarship

 

Robert “Joey” Wiseman Jr.

Assistant Director

Office of Secondary Learning

Instructional Materials

Social Studies