The contest is open to all Washington State high school students. To enter the competition, a team must complete the online registration. Teams should include members possessing the essential background to enable the development of a serious business plan. Interdisciplinary teams are strongly encouraged. There is no limit on the number of members; however, small teams are recommended.
Teams must have a school or community advisor.
Advancing teams must present in person during the Presentation Round of the competition. Only four members of the team will be allowed to present their idea before the judges during the Presentation Round of the competition.
The same business idea will not be accepted at the competition more than twice. Repeat submissions after the second attempt will automatically be declined.
All submissions to the Business Plan Competition must live up to the higher ideals of Washington State University. Your idea must be appropriate for a university-sponsored event. The Center for Entrepreneurial Studies reserves the right to disqualify any entry that in its judgment violates the letter or the spirit of the competition or exceeds the bounds of social convention.
Prize money will be divided equally among all registered team members.
We encourage all BPC teams to attend Resource Nights, a series of speaker sessions that bring in experts from WSU’s business community to discuss various aspects of starting and launching a venture. Offered throughout the spring semester, these sessions are open to students and the public.
THREE ROUNDS OF COMPETITION
The Screening Round is the first major hurdle you’ll face in the competition. Submit your 1-page executive summary and a 2-minute video online for scoring by our judges. Five presenting teams will be selected from this first round.
After the Screening Round, you’ll receive an email naming the teams that will advance to the Presentation Round on the day of the Business Plan Competition. If your team is selected, you’ll need to submit your full business plan (4-7 pages) and pitch deck (10-15 slides) by the deadline in the BPC schedule.
Our High School League includes five teams. During the Presentation Round, each team delivers a presentation of its business plan to a panel of judges, following the schedule below:
Set up: 10 minutes
Presentation: 15 minutes
Questions and feedback: 20 minutes
Presenting teams are evaluated both on their written plan and their presentations. Judging criteria include team presentation and style, the customer problem, solution, value proposition, competitive advantages, market and sales strategy, management, and financial planning.
Competition Awards Dinner
If you competed in the Presentation Round, you and your teammates will dine with the judges—a priceless opportunity to build professional connections. Following dinner, competition organizers will announce the winning teams.
Team Registration Deadline: March 5, 2021 Executive Summary Due: March 26, 2021 Business Plan & Slide Deck Due: April 19, 2021 Business Plan Competition: April 29, 2021