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Washington State University Entrepreneurship

Business Plan Competition

Develop ideas, build a team, write a business plan, pitch your idea for real money.

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2024 WSU Business Plan Competition is Continuing as Hybrid

If you’re a student entrepreneur or aspiring business owner, the Center for Entrepreneurial Studies presents the WSU Business Plan Competition – an unparalleled opportunity to practice entrepreneurship in a real-world setting and receive guidance as you launch a new venture, plus a chance to win thousands of dollars in prize money!

The Center for Entrepreneurial Studies is happy to announce that the 2024 WSU Business Plan Competition will still be happening, switching to a hybrid format. Participating in a business plan competition can be a rewarding experience and we are excited to continue to showcase student innovation!

Learn by Doing

  • Sharpen skills. Working on a business plan team develops innovative thinking, builds leadership, and refines communication skills.
  • Network. If you’re a finalist, you and your team will present your idea to investors, entrepreneurs, and industry professionals at the competition in April. Finalists also have the opportunity to exchange ideas with judges over dinner.
  • Prepare for your future. Take what you’ve learned and apply it in an existing company or new venture.

Launch a New Venture

  • Move from idea to execution. Develop, test, and pitch a startup idea with your own team.
  • Get advice and mentoring. Seasoned entrepreneurs, industry experts, and entrepreneurship faculty mentors devote countless hours to help students navigate the entrepreneurial process.
  • Build momentum. Take your experience in the competition and invest in the growth of your venture.

Congratulations, Past Winners!

Past Winners

Be a Sponsor

Support the BPC

Questions?

Ask about the BPC

Win Cash Prizes

Collegiate League

Herbert B. Jones Grand Prize – $15,000
Herbert B. Jones Second Place Prize – $10,000
Third Place Prize – $7,000
Fourth Place Prize – $4,000
Fifth Place Prize – $2,000

Open Collegiate League

Foster Garvey Grand Prize – $5,000

High School League

Herbert B. Jones Grand Prize – $5,000
Second Place Prize – $2,000
Third Place Prize – $1,000
Fourth Place Prize – $500
Fifth Place Prize – $250

Merit Prizes

BECU Best FinTech Venture Prize – $5,000
Sage Fruit Ag Innovation Prize – $3,000
Herbert B. Jones Best Written Plan Prize – $2,500
Herbert B. Jones Best Presentation Prize – $2,500
Herbert B. Jones Best Tech Venture Prize – $2,500
Herbert B. Jones Best Social Impact Venture Prize – $2,500
BEST Trade Show – $500

Thank you, 2024 Sponsors!

 

Partner

 

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Pelion Logo

Investor

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Dave Divine

Angel

Friend

The Robert & Carolyn Wolfe Family Giving Fund

Dave & Deborah Grant

Mark Wuotila

Bryan Saftler

The Business Plan Competition is critically important for helping people to turn ideas into reality. I am excited to volunteer as a judge to support the competition and the Center, now that I am on the other side.— Jonah Friedl , NOMAD founder and WSU alumnus (Carson College of Business, Entrepreneurship – 2016)