2013 Tulane Business Plan Competition

UPDATES:

REGISTRATION DEADLINE is January 22, 2013 at 11:59 pm CST

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Welcome to the 2013 Tulane Business Plan Competition & The Domain Companies Entrepreneurial Challenge

"YOUR BUSINESS, YOUR WORLD"

 

The 13th Annual Tulane Business Plan Competition, open to applicants internationally, will award $50,000 to the company that creates the best sustainable business model. The Domain Companies New Orleans Entrepreneur Challenge will award $20,000 to the company that presents the best plan for the creation or expansion of a New Orleans-based business that demonstrates strong growth potential and positive local impact.

 

The Tulane Business Plan Competition was founded by students in 2000, with the goal of teaching students interested in entrepreneurship the set of skills needed to start a new venture as well as to expose these young entrepreneurs to investors who could fund their businesses. In recent years, the contest expanded to include social entrepreneurship ventures from regional, national and international university students. The Tulane Business Plan Competition remains one of the only student run competitions and awards the highest cash prize nationwide.

 

RULES:

Venture Requirements

Both the Tulane Business Plan Competition and The Domain Companies Entrepreneur Challenge are looking to support new, independent ventures in the early growth stage that are built on the principles of conscious capitalism. Capital raised should not exceed $250,000 and the length of business operations should not exceed two years. Any start-up venture that fits these requirements, including non-profits, can enter.

 

Team Requirements

The Tulane Business Plan Competition and The Domain Companies Entrepreneur Challenge are open to all undergraduate and graduate students. Each team must have at least one student member who is currently enrolled or has graduated in the previous academic year from an accredited university. We reserve the right to verify enrollment or graduation date. Student members are expected to have a substantial involvement in the venture, such as an equity stake and/or leadership position. Teams must also have a faculty advisor, which we also reserve the right to verify.

 

Application Activity

There is no limit regarding how many teams from each university can apply. Additionally, teams that have competed in prior competitions may re-enter; however, prior final round finalists are not permitted to enter either the Tulane Business Plan Competition or The Domain Companies Entrepreneur Challenge.

 

Final Round Presentations

Teams that advance to the final round of competition will present before a live audience and panel of judges on Friday, April 19, 2013 at the A.B. Freeman School of Business, Tulane University. All final round plans must be presented by the student team member(s).

 

FAQ:

How many rounds are there?

Three. The preliminary round requires a 6-page summary. The judges will select the top 20 plans to advance to the second round, which requires a full business plan. Three plans are selected to go to the final live round at Tulane University.

 

What is needed to apply for the first round?

You will need names, addresses, and phone numbers of all applicants as well as your faculty advisor. You will also need one (1) .pdf file that contains:

  • Executive summary (1 page suggested)
  • Industry analysis (1 page suggested)
  • Market analysis including assumptions that lead to financials (2 pages suggested)
  • Financials (2 pages suggested)

The application is limited to 6 pages. The iStart platform will not accept documents longer than 6 pages and the judges will not see them.

 

What is needed for the second round?

A full business plan numbering no more than 30 pages including everything in one (1) .pdf is required. The subsections are your discretion.

 

If I get to the final round, will you pay for travel?

Final round contestants will receive one $1000 travel stipend per qualifying team.

 

I have my plan in two parts: a word document and an excel spreadsheet for the financials. What should I do?

You should compile them into one (1) .pdf file. We are not able to offer any flexibility with this requirement. Applications received in pieces will not be accepted.

 

How much does it cost?

The application fee is $100 dollars per application.

Please pay using the "Pay Now" button on the TEA home page.

 

 

Can I continually update my plan until the deadline?

Yes! Thanks to the iStart platform, you can continually update your plan until the deadline is reached.