Mid-Atlantic Business Plan Competition

Written on February 18, 2008 by Amanda M. Gladden

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Purpose of Competition
The goal of this competition is to provide students with the education, skills, and motivation needed to create a viable business in a competitive environment that expose them to some of the challenges inherent with tech startups.

Who Can Participate

Any student, in any major, from any year, currently attending a degree granting institution in Delaware, the District of Columbia, Maryland, Virginia or West Virginia.

Anyone who earned a degree from one of the schools in the areas listed in the past twelve months may enter or form teams.

Undergraduate (including community college students) and Graduate students are eligible.

All business entries must be for-profit enterprises with a main line of business in the technology sector.

Non-profit businesses are not eligible.

Teams with business plans that have previously received external funding (family, friends, private investors, bank loans, venture capitalists, etc.) of $50,000 or greater are not eligible.

Teams with business plans affiliated with an existing business are not eligible to compete, unless the scope of the entry covers expansion into a significantly different industry or customer base, or a major geographic expansion (e.g. franchising or expanding from local to national).

All proposed businesses should be located or have an office in Delaware, Maryland, Virginia, West Virginia, or the District of Columbia.

Competition Timeline

Sunday, March 9th, 2008 Executive Team Registration & Executive Summary Submission deadline
Monday, March 24th, 2008 Semi-Finalist Notification
Saturday, April 26th, 2008 Semi-Final & Final Rounds at Georgetown University, Washington, DC

What’s In It For You

Prizes A grand prize package consisting of cash and products or services to assist in starting a business will be awarded to the top scoring team. ( I couldn’t find anything specifying the exact amount of this prize)
Other: the winning team will also be presented with an authentic championship-style belt

Further details, rules of the competition and the application can be found at: http://www.mabpc.org/rules/

Entry Deadline: Sunday, March 9th, 2008

2 Comments so far.

David said : :

February 21st, 2008 at 2:52 pm

Thanks for providing this level of support. For a lot of young entrepreneurs, it’s essential to have support. My friend Neerav, for instance, in starting his business got the idea from a business competition much like the one you’re promoting here.

Keep it up!
sandruba said : :

March 1st, 2008 at 9:29 am

thanks for this beautiful site. mostly i find really bas sites about such things, they all want to sell something, but here i get real good informations.