PRESENT YOUR BUSINESS PLAN AND YOU COULD WIN OVER $50,000 IN CASH AND IN-KIND DONATIONS!
MARCH 22nd 2019
HOW TO ENTER:
Round 2: Business Plan **Final drafts of all business plans are due Sunday, February 24th, 2019, 11:59 pm (Final opportunity to add team members) Format: PDF only. 12 pt font, 1" margins, double-spaced. Length: 5 pages recommended. 25 page maximum. Appendices and exhibits do count against the 25 page maximum; cover page and any citations page do not. Prerequisite(s): Submission of Executive Summary Judging: Various leaders from the Dallas business community with relevant subject matter expertise. Judges typically come from successful start-ups, VC/PE firms, business accelerators/incubators, entrepreneurial law and marketing firms, SMU MBA faculty, and others. Assessment rubric found here Submission: Submit rough and final drafts via email to SMUBPC@gmail.com. For additional information see subsequent deadlines outlined on the Schedule page.
Round 3: Presentation **Final presentations are due Sunday, March 10th, 2019, 11:59 pm** Teams will have 10 minutes to present their plan with up to 10 minutes for Q&A from the judges. Format: 4:3 aspect ratio, pptx (2007 - 2016), files should be no larger than 20 MB, limit animation, font must be larger than size 22, 1/2" margins. Length: 10 slides recommended. 15 slide maximum. Appendices, citations slide, and title slide do count against maximum Prerequisite(s): Submission of Executive Summary and Business Plan, selection as a Finalist. Judging: Various leaders from the Dallas business community with relevant subject matter expertise. Judges typically come from successful start-ups, VC/PE firms, business accelerators/incubators, entrepreneurial law and marketing firms, SMU MBA faculty, and others. Assessment rubric found here Submission: Submit final presentation via email to SMUBPC@gmail.com
Competitor Qualifications The competition is open to all, provided that the management/founding team consists of at least one club member and that SMU students comprise at least 50% of the management/founding team. The required club member must be enrolled at SMU for the current academic year in order to be eligible. Club dues ($25 for the remaining term) are payable by check to SMU Advisory Board or by venmo to @Cox-MBA memo: ENT Club . Non-SMU students may be members of the management/founding team and participate in planning the venture; however, only SMU students may present in the competition and answer questions from the judges.
Team Size We encourage teams of at least two students, as this is typically favorable in order to secure proper experience/expertise and divide the competition's workload. Potential investors also typically want to see the team that would actually start the business. Teams cannot exceed five students.
Nature of Ventures The competition is for new, independent ventures in the seed, start-up, or early growth stages. Generally excluded are the following: non-profits, buy-outs, expansions of existing companies, private equity syndications, energy syndications, real estate or other limited partnership syndications, tax shelters, franchises, licensing agreements for distribution in a different geographical area, and spin-outs from existing corporations. Licensing technologies from universities or research labs is not excluded and is encouraged, assuming they have not been commercialized previously.
Prior Activity Ventures with revenues prior to the academic year, i.e., before August 1, are excluded. Ventures that have raised equity capital from sources other than the members of the student team or their friends and families before the current academic year, i.e., before August 1, are excluded. However, both student and other team members may have worked on an idea or new technology in previous academic years or in the case of the student team members even prior to entering graduate school, provided that their venture had no revenues and raised no outside equity capital.
Participation by Previous Winners Ventures and/or ideas that have placed first in the SMU Business Plan Competition in a previous year are ineligible to compete again. Student team members who have won the competition in the past may compete, if otherwise eligible, with a new venture. SMU will, at its sole discretion, determine if a venture is sufficiently different from previous winning plans to constitute a new venture.
Other/Forms Each team member will be required to submit an individual Form W-9 or W-8 ECI at registration. If the venture has been incorporated and has received an EIN, one form may be filled out. No prizes will be awarded without a completed W-8 ECI or W-9 on file with the Cox office. A completed SMU Business Plan Competition Application Form will also be required for participation. Participation in the Competition and/or Elevator Pitch gives consent to video tape the delivery of an BPC Pitch and/or the Elevator Pitch to the SMU Entrepreneurship officers or appointed leadership.
Acceptance of Rules By submitting an entry into the SMU Business Plan Competition you agree to these rules and that the decision of the competition judges are final. SMU also has the right, at its sole discretion, to not accept any application it feels is not in keeping with the spirit and/or intent of SMU and the competition.