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Business Plan Competitions

Business Plan Competitions. AACSB Northeast Business School Deans’ Conference Presented by Dr. Irina Naoumova , Associate Prof. of Entrepreneurship. Barney School Annual Business Plan Competition .

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Business Plan Competitions

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  1. Business Plan Competitions AACSB Northeast Business School Deans’ Conference Presented by Dr. Irina Naoumova, Associate Prof. of Entrepreneurship

  2. Barney School Annual Business Plan Competition …is a mezzanine level competition to prepare students for the state, national and international competitions The Competition CategoriesIndividual students or groups compete against each other in two categories: • Undergraduate Student Competition • Graduate Student Competition Eligibility: University of Hartford students; if business plan is prepared in teams, University of Hartford student should be a leader of the team. Statistics: 117 students participated in 4 years; 108 business plans presented

  3. Barney School Annual Business Plan Competition Competition Requirements • 5-minute elevator presentation • Presentation to judges (angel investors, CT Innovations, CCAT, entrepreneurs) • Two finalists for each category present at Award ceremony • Business Plan Writing Software: • Business Plan Pro • LivePlan– online version Grow Businesses from the Bottom-Up

  4. Barney School Annual Business Plan Competition Clinic Sessions • Management Team • Sales and Advertising • Partnering with Others • Growth and Exit Strategy • Business Plan FinancialsBarney Professors and Executives in Residence Grow Businesses from the Bottom-Up

  5. CT Annual Business Plan Competition • Organized by the Entrepreneurship Foundation Inc. and CT Innovations • Barney Professors as Mentors • More than $60,000 in Prizes Statistics: in 4 years – 15 participants; 6 finalists; one – 1st place winner; one – 2nd place winner

  6. Online International Business Plan Competition • Unique Concept • Online Format • Unique Technology – LifeSize – connects 6 sites • Judges from all participating countries • Project coordinators from each country and each university • Blog for participants

  7. Online International Business Plan Competition • PaloAlto (business plan writing software company) among sponsors: • LivePlan and downloadable versions for free for each participating team and mentor • 24/7 support of the company personnel (Chili) • Unified requirements and business plan structure • In English • Time zone management • Prizes used toward business idea implementation • Online streaming

  8. Online International Business Plan Competition Participating Universities • Universidad Adolfo Ibáñez, Chile • Athens University of Economics and Business, Greece • The Hong Kong Polytechnic University, Hong Kong • Alliance University, School of Business, India • UCD Michael Smurfit Graduate Business School, Ireland • National Technical University, “KhPI”, Ukraine • University of Hartford, USA

  9. Online International Business Plan Competition Participating Universities (cont.) • AdeniranOgunsanya College of Education, Lagos, Nigeria • University of Turku, Finland • Dnepropetrovsk State financial Academy, Ukraine • PontificiaUniversidad Catolica Del Peru – CENTRUM CATÓLICA • National University of Tainan, Taiwan • KharkivUniversity of Humanities, Ukraine • Open International University of Human Development, Ukraine

  10. Online International Business Plan Competition Statistics: • 5 continents • Judges from 7 countries • 2012 – 28 plans; 101 student • 2011 – 21plan; 62 students • 2010 – 13 plans; 40 students • Great feedback from all students & judges & mentors • Room for improvement and growth Northeast Business Schools students are welcome to join us!

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