Business Plan Competition

Any great idea needs to be formulated into a viable business in order to be profitable and sustainable. The Business Plan Competition is the ideal practice ground for aspiring entrepreneurs to test and refine their business plans by getting feedback and possible interest from VC firms, Angel Investors and successful entrepreneurs. And the best of the lot will get some deserved and precious capital as well as a chance to participate in the European Business Plan of the Year Competition 2008

Please download the detailed document for more information

Prize

• Prize money of £10,000

• Entry into the European Business Plan of the year Competition (only current London Business School students)

Eligibility

In order to be eligible for the competition, each team must have at least one University of London (London Business School, UCL etc.) or Imperial College student or alumni. For further details, please refer to the detailed document

First Round:

Requirements: Entry form and 5-page Executive Summary (size 10 font or higher, PDF or doc format) outlining at least the following:

  • The opportunity in a nutshell
  • The market you are targeting
  • The industry – competition currently in the space
  • The team
  • The business model
  • Summary of the finances
  • Your funding needs
  • Exit plan

For further information, please refer to the detailed document

Outcome: 8 Short-listed teams for Round 2 who will be contacted by email.

Second Round:

Requirements: Full Business Plan (PDF or doc format) including marketing, operations, financial, organizational plan.

Outcome: 4 finalists for presenting to a panel of judges

Final Round:

Requirements:

  • Short presentation with slides (Maximum 10 minutes) followed by Q&A with judges
  • Private interaction with judges for additional questions or information (Maximum of 15 mins)

For further information, please refer to the detailed document

Outcome: Winner walks away with prize money

General Rules:

  • Please refer to the detailed document for further information

  • Send in the entry form along with the executive summary by the application deadline for the first round.

  • Appoint one of the team members as the leader (indicated on the entry form). All communication between us and the team will take place through the team leader. The team leader will be responsible to communicate with the rest of the group.

  • Please do not put your names, only your background information in the team information on the executive summaries and business plans. This information would only be revealed to the judges on the final day. Till then, the names will be kept confidential by the event organizers.

  • Only one application per team please.

  • The judges’ decision on the day of the Entrepreneurship Conference will be final

Competition Deadlines
  Milestone Deadline Decision By  
 

Receive executive summaries and entry forms for first round

 March 4th, 2008 March 12th, 2008  
  Receive full business plans (shortlisted candidates only)

 April 2nd, 2008 April 14th, 2008  
  Presentation slides for Final Competition April 23rd, 2008 April 25th, 2008  
         


Registration:

Please register for the Business Plan competition through the entry form along with the executive summary by March 4th, 2008. Send your entries to bplan@londoneconference.com.

The finalists need not pay the entry fee for the Entrepreneurship Conference. However, all apart from the finalists, all those who intend to attend the conference need to register through the normal registration.