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5th Annual. The Prizes! Business Plan 1 st PLACE $ 5,000 Business Plan2 nd PLACE$ 2,500 Elevator Pitch1 st PLACE$ 1,000 Elevator Pitch2 nd PLACE$ 500.

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Presentation on theme: "5th Annual. The Prizes! Business Plan 1 st PLACE $ 5,000 Business Plan2 nd PLACE$ 2,500 Elevator Pitch1 st PLACE$ 1,000 Elevator Pitch2 nd PLACE$ 500."— Presentation transcript:

1 5th Annual

2 The Prizes! Business Plan 1 st PLACE $ 5,000 Business Plan2 nd PLACE$ 2,500 Elevator Pitch1 st PLACE$ 1,000 Elevator Pitch2 nd PLACE$ 500 Special Recognition Awards (up to 4) @$ 250 TOTAL AWARDS $10,000 Business Plan 1 st PLACE $ 5,000 Business Plan2 nd PLACE$ 2,500 Elevator Pitch1 st PLACE$ 1,000 Elevator Pitch2 nd PLACE$ 500 Special Recognition Awards (up to 4) @$ 250 TOTAL AWARDS $10,000 More than $10,000 inprizes! For more information email COMPETITION@SPCOLLEGE.EDU

3 Save the Dates In 2015! Save the Dates In 2015! March 30 th – Deadline for SUBMISSIONS April 2 nd – Semi-Finalists Announced April 2 nd – Mandatory Training Session for Semi-Finalists April 10 th – Finalists Announced April 30 th – Competition & Awards Ceremony March 30 th – Deadline for SUBMISSIONS April 2 nd – Semi-Finalists Announced April 2 nd – Mandatory Training Session for Semi-Finalists April 10 th – Finalists Announced April 30 th – Competition & Awards Ceremony For more information email COMPETITION@SPCOLLEGE.EDU

4 WHO & HOW to apply?  Any current SPC full or part-time student enrolled in a degree or certificate program.  Prior graduates are not eligible.  Applications and submissions will be accepted online.  Students may ONLY submit ONE ENTRY in each Level of the competition.  Participants MUST complete THIS Information Session online.  Team submissions are accepted and prizes will be distributed equally among SPC student members.  Non-students may be members of the management team. They are not eligible to present in the competition or receive prize money.  Mandatory Training Session for ALL Semi-Finalists.  Any current SPC full or part-time student enrolled in a degree or certificate program.  Prior graduates are not eligible.  Applications and submissions will be accepted online.  Students may ONLY submit ONE ENTRY in each Level of the competition.  Participants MUST complete THIS Information Session online.  Team submissions are accepted and prizes will be distributed equally among SPC student members.  Non-students may be members of the management team. They are not eligible to present in the competition or receive prize money.  Mandatory Training Session for ALL Semi-Finalists. For more information email COMPETITION@SPCOLLEGE.EDU

5 What is it? What is it? An Elevator Pitch  A brief presentation about an idea or venture  It represents an attempt to convince an investor or venture capitalist that the idea is viable. In the short time it takes to “ride an elevator” the entrepreneur must convince the listener that the business idea, product or service is worthy of potential investment. An Elevator Pitch  A brief presentation about an idea or venture  It represents an attempt to convince an investor or venture capitalist that the idea is viable. In the short time it takes to “ride an elevator” the entrepreneur must convince the listener that the business idea, product or service is worthy of potential investment. A Business Plan  Provides a roadmap for the direction your venture will take  Serves as a management tool  Helps focus on today and creates plans of action  Helps create future goals  Spells out important details you might overlook  Helps get attention and buy-in from investors and lenders A Business Plan  Provides a roadmap for the direction your venture will take  Serves as a management tool  Helps focus on today and creates plans of action  Helps create future goals  Spells out important details you might overlook  Helps get attention and buy-in from investors and lenders For more information email COMPETITION@SPCOLLEGE.EDU

6 How much time will it take? Elevator Pitch Challenges  Limited amount of time to present  Must cover a clear description of the product, service or business idea & explain how it is unique and beneficial  Cover the question “What makes the idea potentially profitable?” Plan Your Time Writing an elevator pitch requires some research, a strong focus and a creative presentation. Give yourself enough time to finish the writing and refining the pitch. Time for practicing the presentation is critical. Elevator Pitch Challenges  Limited amount of time to present  Must cover a clear description of the product, service or business idea & explain how it is unique and beneficial  Cover the question “What makes the idea potentially profitable?” Plan Your Time Writing an elevator pitch requires some research, a strong focus and a creative presentation. Give yourself enough time to finish the writing and refining the pitch. Time for practicing the presentation is critical. Business Plan Process  Developing the idea & value proposition  Researching the topic, companies, the industry, marketing, demographics, viability  Evaluation of the research  Writing the plan using an established guide Manage Your Time & GET FREE HELP with SPC Writing Tutors @ http://www.spcollege.edu/tutoring/ http://www.spcollege.edu/tutoring/ A business plan is a comprehensive document requiring attention to detail, research and a strong focus. Plan your time so that you have days to spare. Business Plan Process  Developing the idea & value proposition  Researching the topic, companies, the industry, marketing, demographics, viability  Evaluation of the research  Writing the plan using an established guide Manage Your Time & GET FREE HELP with SPC Writing Tutors @ http://www.spcollege.edu/tutoring/ http://www.spcollege.edu/tutoring/ A business plan is a comprehensive document requiring attention to detail, research and a strong focus. Plan your time so that you have days to spare. For more information email COMPETITION@SPCOLLEGE.EDU

7 How do I submit my work? Business Plan  Submit in MS Word.doc or.docx formats for round one review by judges  Finalists must commit to presenting their business plan in person in the final competition round.  The presentation should not exceed 10 minutes long. Elevator Pitch  Include a video presentation not to exceed three minutes  PowerPoint slides may be included  Video portion can be in MP4, AVI, MOV, or a YouTube link **(You Tube links are preferred) (Privacy options are available) Business Plan  Submit in MS Word.doc or.docx formats for round one review by judges  Finalists must commit to presenting their business plan in person in the final competition round.  The presentation should not exceed 10 minutes long. Elevator Pitch  Include a video presentation not to exceed three minutes  PowerPoint slides may be included  Video portion can be in MP4, AVI, MOV, or a YouTube link **(You Tube links are preferred) (Privacy options are available) For more information email COMPETITION@SPCOLLEGE.EDU

8 What are the rules? The competition is for student created, managed, and owned ventures therefore students must have: 1)played a major role in conceiving the venture 2)an existing key management role in the business or proposed venture 3)50% or more equity in the venture 4)must represent original work of the student entering the competition *** Winning students will receive cash prizes and are responsible for the tax implications of those prizes. The competition is for student created, managed, and owned ventures therefore students must have: 1)played a major role in conceiving the venture 2)an existing key management role in the business or proposed venture 3)50% or more equity in the venture 4)must represent original work of the student entering the competition *** Winning students will receive cash prizes and are responsible for the tax implications of those prizes. For more information email COMPETITION@SPCOLLEGE.EDU

9 What are judging criteria? Judging will be based on the following criteria:  Innovativeness  Market Need  Uniqueness of Solution  Feasibility  Differentiation  Credible Industry Facts  Target Market Assessment  Passion of Entrepreneur  Creativity  Marketing Strategy  Profit Potential FOR MORE DETAILS go to www.spcollege.edu/cec/competitionwww.spcollege.edu/cec/competition And select the Criteria/Judges tab Judging will be based on the following criteria:  Innovativeness  Market Need  Uniqueness of Solution  Feasibility  Differentiation  Credible Industry Facts  Target Market Assessment  Passion of Entrepreneur  Creativity  Marketing Strategy  Profit Potential FOR MORE DETAILS go to www.spcollege.edu/cec/competitionwww.spcollege.edu/cec/competition And select the Criteria/Judges tab For more information email COMPETITION@SPCOLLEGE.EDU

10 The Application The Application Begin the Application Process Online @ http://www.spcollege.edu/cec/competition/ Submit your INTENT TO COMPETEINTENT TO COMPETE Begin the Application Process Online @ http://www.spcollege.edu/cec/competition/ Submit your INTENT TO COMPETEINTENT TO COMPETE For more information email COMPETITION@SPCOLLEGE.EDU

11 For MORE INFO CONTACTS PROF. NICOLLE PANUTHOS – Academic Chair Entrepreneurship Program AND Competition Director Panuthos.nicolle@spcollege.edu (727) 394-6266 OR Entrepreneurship Program Support Specialist Levering.pamela@spcollege.edu (727) 394-6946 OR Send EMAIL requests to: competition@spcollege.edu OR go to OUR Website: http://www.spcollege.edu/cec/competition/ CONTACTS PROF. NICOLLE PANUTHOS – Academic Chair Entrepreneurship Program AND Competition Director Panuthos.nicolle@spcollege.edu (727) 394-6266 OR Entrepreneurship Program Support Specialist Levering.pamela@spcollege.edu (727) 394-6946 OR Send EMAIL requests to: competition@spcollege.edu OR go to OUR Website: http://www.spcollege.edu/cec/competition/

12 Web and Resources FOR MORE INFORMATION on the COMPETITION Send EMAIL requests to: competition@spcollege.edu OR go to OUR Website: http://www.spcollege.edu/cec/competition/ Web Resources: http://www.spcollege.edu/cec/resources.html Entrepreneurship Guide: http://spcollege.libguides.com/Entrepreneur Contact Information: http://www.spcollege.edu/cec/contact.html http://www.spcollege.edu/cec/contact.html FOR MORE INFORMATION on the COMPETITION Send EMAIL requests to: competition@spcollege.edu OR go to OUR Website: http://www.spcollege.edu/cec/competition/ Web Resources: http://www.spcollege.edu/cec/resources.html Entrepreneurship Guide: http://spcollege.libguides.com/Entrepreneur Contact Information: http://www.spcollege.edu/cec/contact.html http://www.spcollege.edu/cec/contact.html

13 5th Annual GOOD LUCK!!!!


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