Skandalaris Business Plan Competition
Description

In its fifth year, the Skandalaris Business Plan Competition is presented by the EMU Center For Entrepreneurship. The competition has university/community college and high school categories as students compete separately for prize money.  First place (for each category) is $1000 and second place is $750, and third place is $500. There is also a $200 prize for “best presentation.”

Plans are judged by professional business counselors from the Michigan Small Business and Technology Center (MI-SBTDC) and EMU Mangement Faculty. The competition was re-named in 2010 to honor EMU alumnus Robert Skandalaris; author, entrepreneur, and philanthropist.

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Rules

Skandalaris Midwestern Business Plan Competition.
GUIDELINES FOR ELIGIBILITY & REQUIREMENTS

The business plan is due by 5 pm January 11, 2013.

Each finalist will be notified in advance and is required to present at the award ceremony at the Sesi Midwest Entrepreneurship Conference that will be held at Eastern Michigan University February 8, 2013 at the EMU Student Center.

To participate in the competition, one must meet the following requirements:

  1. Individual participants or the teams must consist entirely of current students in the Midwest region.
  2. Each entry must use a non-student advisors and/or mentors (faculty or professional).
  3. Business Plans can be for a for-profit or non-profit business
  4. Business Plans can be for a start-up business or for an expansion of an existing small business (with less than 500 employees).
  5. All deadlines must be met to be eligible.
  6. Each finalist team/individual participant must attend the award ceremony (Sesi Conference) and provide a short power point presentation of the plan.

Waivers and Releases

  1. Protection of highly confidential information is the responsibility of each participant. All Business Plan proposals will be handled confidentially. Only the organizers and the judges will have the access to the complete business plan. However, judges and organizers will not be required to sign nondisclosure documents.  In case of a conflict of interest, the particular business plan will be assigned to a different judge.
  2. Participating business plans will not be returned to the participants.  Individual or team participants should keep their own copies of their business plans.
  3. Each team must complete application and submit the plan in PDF format.

BUSINESS PLAN ENTRY SPECIFICATION

The following guidelines must be followed for each business plan entry.

  1. Executive Summary
    1. Approximately 3 double spaced or 1. 5 single spaced pages (8.5"x11")
    2. Recommended (Font size: 12pt, Margins: 1 inch on all sides)
  1. Business Plan
    1. Approximately 15 double or 8 single spaced pages (8.5"x11") excluding appendices
    2. Recommended Font size: 12pt, Margins: 1 inch on all sides
  1. Appendices
    1. Each entry may include a maximum of 10 pages of appendices including the financial tables.
    2. Appendices must be clearly titled.

CONTACT INFORMATION

Center for Entrepreneurship
306 Owen Building, 300 W. Michigan Avenue
College of Business
Eastern Michigan University
Ypsilanti, MI  48197

Phone: (734) 487-0355
FAX: (734) 481-3354
Email: cfe-info@emich.edu

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