Business Plan Competitions 2014

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With the company now based in San Francisco, Roth says his business recently had its best month yet.An exception will also be made for students from non-US universities that have a different academic calendar.Website: Eva-Maria Gottmann is an online communication specialist connecting communication and media skills with entrepreneurship.Win or lose, entrants also get valuable opportunities to polish their elevator pitches and presentations before professional evaluators, says Scherreik, who feels that face-to-face meetups have retained their value despite the ever-growing importance of virtual communication.As she explains, “People need to make those human connections.”Joey Roth has done well at three of the four business plan competitions he’s entered, mostly recently in the ,000 BETA Challenge held by entrepreneurial education powerhouse Babson College.Even more valuable than the funding may be the contact with potential mentors and the publicity that attaches itself to overcoming the long odds and triumphing in a big competition.“It gives you a lot more national recognition than being an aspiring entrepreneur working alone in your garage,” says Susan Scherreik, director of the Center for Entrepreneurial Studies at Seton Hall University, of entrepreneurs who win business plan competitions.The university sponsors its own annual business idea competition called Pirates Pitch that awards ,000 in prizes plus a grab-bag of business services to two winning teams.Eva designed the website and serves also as editor for the blog.Hundreds of business plan competitions throughout the U. award tens of millions of dollars to entrepreneurs who have what it takes to enter and win.Roth says that in addition to the narrative description of his business, he was also required to put together more conventional pitches.“You still have to have the Power Point decks and 20-minute presentation and all that,” he says.

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