2nd Annual West Virginia
High School Business Plan Competition
Hosted by the College of Business & Economics
West Virginia University
BrickStreet Center for Innovation and Entrepreneurship

Prize

One (1) $10,000 scholarship.

Eligibility

Open to all junior and senior students attending high school in the state of West Virginia as well as all career and technical centers in the state. Teams may consist of one to three members.

Entry

Create a Team (1-3 members) - Students may only submit one proposal per year.

The proposal must be:

  • 3 pages maximum
  • Cover Page (not counted in the 1-3 pages)
  • Include: team name, team leader, team members
  • Double spaced, 12 pt. font
  • Submitted electronically, on-line (PitchBurner)
  • First submission due November 14, 2014
  • The student team leader will submit the business plan on the web site
  • Must be saved and submitted as a PDF file

Business Plans should include the following information:

  • Company description
  • Product/service description
  • Competitive Differentiation
  • Customer and market analysis, including market size and potential customers
  • Competitor Analysis

Judges from each region will then evaluate each submission based on a 100 point rubric. The ten (10) finalists, (top scores from each RESA region, plus next 2 highest scores) will advance to the final competition. Finalists will be announced December 15, 2014.

Coaching and Workshop

Finalists from each district will be paired with a business coach (volunteer) from December finalist announcement through the end of the competition. The coach will mentor and support the students in developing a complete business plan for their idea. This person can be a teacher or business leader in the community of that region.

Finals

Teams will turn in their final business plan March 2, 2015.

  • Final Business Plan must be 12-15 pages
  • Double spaced , 12 pt. font
  • Include Cover Page
  • Submissions will be done by team leaders on-line
  • Must be saved and submitted as a PDF file

Final judges will be able to grade business plans using the dada management system before they attend the final competition. Final competition held at WVU in Morgantown, WV in the Mountainlair March 21, 2015. Secondary schools will be responsible for providing transportation and hotel rooms for out of town students and judges.

Final Competition

Saturday, March 21, 2015
West Virginia University Mountainlair

3:00 p.m.Opening remarks
Speaker
3:15 p.m.Competition Begins
10 Minute Presentations 5 Minute Q&A
5:45 p.m.Break
6:00 p.m.Award $10,000 Scholarship