Saturday, April 25, 2015:
The Business Plan Competition is a student competition created to resemble the real-world process of launching a business. Our goal is for you to gain real-world experience during the business plan competition while developing and growing new investments based either on your own ideas and technologies or those developed by others. The goal of the competition is to see you launch the business presented.
All submissions to the Business Plan Competition must meet university standards. Your idea must be appropriate for a university-sponsored event. The University of Idaho has the right to disqualify any entry that in its judgment violates the letter or the spirit of the competition.
Three Competition Tracks
- Innovative ventures incorporates new technologies, products and processes that generally involve intellectual property, often from the University of Idaho Office of Technology Transfer.
- Enterprise Entrepreneurs focus more on traditional retail, manufacturing, or service ventures, including new or expanded operations.
- New Product Development pursue innovative solutions to social problems and adopt a mission of creating and sustaining social value. These ventures can be set up as a non-profit organization (i.e., 501(c) (3)), or as a profit-oriented business with a social mission. The Return on Investment (ROI) will be measured by an impact analysis and/or a financial ROI.