I’m in my business plan marathon season again. This happens every April as I read business plans for my angel investment group in Oregon and for business plan competitions held this month by University of Oregon, Rice University, University of Texas, and the University of Notre Dame. I want to make it clear, first, that I [...]
Here’s an interesting idea in prizes for business plan contests: The winner of Princeton’s competition on Friday, May 28, gets a one-hour meeting with Silicon Valley venture capital legend Sequoia Capital, plus two round-trip tickets from the East Coast. That’s in addition to free marketing plan consulting, business planning consulting and legal services. Plus, of [...]
Funny coincidence: I was just talking to Rob Adams downstairs in the hotel I’m in, on the eve of this year’s Moot Corp. Then I come upstairs to check my blog reader and I find Are You About to Launch a Failed Product? on BNET, one of my favorite business information sites. And it turns [...]
What does it take to win a $1 million business plan competition? Try this: Technology, traction and team. The answer varies every year, but this year’s winner of Rice University’s “World’s Largest and Richest” business plan competition has developed a new medication that helps older people heal broken bones. By the way, it’s not a [...]
As I looked up from my business plan reading chores yesterday, I saw an email from the business school at Rice University announcing that this year’s Rice Business Plan competition is setting a record with more than $1 million in prize money. Congratulations to Brad Burke and his team for building this competition up in [...]
Lora Kolodny has a nice piece on How to Win a Business Plan Competition in last week’s New York Times. Since their advent in 1984, when the University of Texas at Austin held its first “Moot Corp,” business plan competitions have proliferated within academia and beyond. More than 50 American colleges and universities host them. [...]