In the Business Plan Contest, students work in teams to research, develop, and present quality business plans that are feasible, profitable, and novel. Those who have participated in the contest felt it was a great opportunity to be involved in a real business project and gain experience that cannot be learned in the classroom. Students said they learned important skills they will need in their careers, such as teamwork, communication, leadership, and networking skills.
The Business Plan Contest is a course (BUS457 for undergraduates and BUS587 for MBA students) in the spring. The presentations before a panel and judges for a chance to win a scholarship and award ceremony will be held in early May.
There are opportunities for businesses to participate in the contest by:
• Being a sponsor: Your support will help build a scholarship fund for student participants and cover the teams’ operating costs.
• Mentoring a team: Teams are paired with mentors in fields related to the business ideas. Mentors are valuable resources who provide guidance, encouragement and feedback, and share their expertise and knowledge with the teams.
• Providing ideas: Our students have demonstrated that they can develop creative and practical plans. They can take your ideas for a new business and turn them into solid business plans.
Please contact Lori Nutting at 845-257-2932 for more information, or if you wish to submit an idea or serve as a mentor to a team.