The Entrepreneurship Club is proud to present the 2014 Business Plan Competition!


Do you have a great idea and finally want to act on it? Are you planning on starting a business and want the world to know about it? Search no more - the Business Plan Competition is here.

 

Summary

By submitting the executive summary of your business plan (maximum 3 pages) until 9 February 2014 you have the chance to enter the Entrepreneurship Club's Business Plan Competition. Three finalists will be selected to present at the Entrepreneurship Conference on February 21 2014 in front of a panel of judges consisting of possible investors and LBS academics. The winning team will receive a cash prize, services in kind and will represent the London Business School at the European Business Plan of the Year Competition.

Note: At least one member of the founding team needs to be a current London Business School student to qualify for the competition.

 

Process

9 February 2014: submission Deadline for Business Plan executive summary (maximum 3 pages) to msabas.mba2014@london.edu; deadline is 23:59 on Sunday, February 9 2014

13 February 2014: notification of Finalists

19 February 2014: submission of Finalists' presentation (ca. 10-minute presentation)

21 February 2014: Entrepreneurship Conference; final presentation and announcement of winning team

 

Content and formatting

The business plan due on February 9 2014 should be condensed into an executive summary format. Please provide a Word document that is 3 pages maximum (including all exhibits, font size 12) named "TeamName.doc" in an Email with the subject "Business Plan - TeamName".

The finalists' presentation should include but is not limited to the following additional sections

·  Product/service offering

·  Analysis of market and competitors

·  Financial projections

·  Key assumptions

·  Implementation plan

·  Founder profiles

·  Disclosure of any funding received so far, from any sources (including angel investors and VCs)

 

Eligibility

The competition is open to all participants that meet the following criteria:

·  The business plan prepared for the competition must be a realistic and marketable idea, which is of a quality that could be presented to potential investors

·  The plan must be an original idea or a substantial improvement on an existing business model

·  On entering the competition, the submitted business plan must not be in violation of any intellectual property rights

·  The plan cannot be part of an existing business (or subsidiary thereof) that has been in existence for more than 2 years

·  The team size is limited to four members

·  At least one team member is a current London Business School student

 

Prizes

·  2,000 GBP cash prize

·  Services in kind (e.g., market research)

·  Representing London Business School at the European Business Plan of the Year Competition

 

If you have further queries about the Business Plan Competition, please contact Marc Sabas - msabas.mba2014@london.edu.

 

Best regards

 

The Business Plan Organizing Committee