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Press Release:


FAU to Host 2014 Business Plan Competition

Tim Gannon, Co-founder of Outback Steakhouse, Inc., Keynote Speaker

BOCA RATON, Fla. (March 31, 2014)  – Florida Atlantic University’s 2014 Business Plan Competition will take place from Wednesday, April 9 through Friday, April 11 at the College of Business, 777 Glades Road, Boca Raton campus.  The competition provides participants the opportunity to vet their business idea before a panel of successful entrepreneurs, early stage investors and venture capital principals.  More than 250 teams have registered to compete with 16 teams advancing to the final round. 

Final round teams in the FAU student track and entrepreneur track will compete for a share of more than $225,000 in cash and prizes to launch their business.  The Research Park at Florida Atlantic University is the event’s presenting sponsor.

The event commences with the Greater Boca Raton Chamber of Commerce’s Young Entrepreneurs Academy (YEA!) Investor Panel on Wednesday, April 9, from 4 to 8 p.m. in FAU’s Student Union, Live Oak Pavilion.  The Investor Panel is the culmination of a 30-week program where students’ grades seven to 12 develop legitimate businesses and pitch to investors for seed-funding. 

The Kick Off Reception and Elevator Pitch Event takes place on Thursday, April 10 from 5 to 7:30 p.m. in FAU Stadium.  The 16 final round teams each will present their 90-second elevator pitch.  Reception guests have the opportunity to cast their vote for their favorite pitch.  The winner will receive the $5,000 People’s Choice award sponsored by Office Depot.  

Day three of the competition is Friday, April 11, and features business plan presentations from the FAU student and entrepreneur tracks from 8:30 a.m. to 12:30 p.m. in room BU 120 in the College of Business and room OD 101 in FAU’s Office Depot Center for Executive Education.

The three-day event culminates with keynote speaker Tim Gannon, co-founder of Outback Steakhouse, Inc. and chief executive officer of Palm Beach PDQ, on April 11 from 2 to 3 p.m. in room BU 120 in FAU’s College of Business.  Gannon is the creator of the popular Bloomin’ Onion and owner of the Outback Polo team, the only team to win three consecutive U.S. Open championships and five championships overall.  The competition awards ceremony will immediately follow Gannon’s keynote address.  All events are open to FAU students, alumni, faculty, staff and the community.

For more information, contact Maggie Kelly at 561-297-0927 or .


About Florida Atlantic University:
Florida Atlantic University, established in 1961, officially opened its doors in 1964 as the fifth public university in Florida. Today, the University, with an annual economic impact of $6.3 billion, serves more than 30,000 undergraduate and graduate students at sites throughout its six-county service region in southeast Florida. FAU’s world-class teaching and research faculty serves students through 10 colleges: the Dorothy F. Schmidt College of Arts and Letters, the College of Business, the College for Design and Social Inquiry, the College of Education, the College of Engineering and Computer Science, the Graduate College, the Harriet L. Wilkes Honors College, the Charles E. Schmidt College of Medicine, the Christine E. Lynn College of Nursing and the Charles E. Schmidt College of Science. FAU is ranked as a High Research Activity institution by the Carnegie Foundation for the Advancement of Teaching. The University is placing special focus on the rapid development of three signature themes – marine and coastal issues, biotechnology and contemporary societal challenges – which provide opportunities for faculty and students to build upon FAU’s existing strengths in research and scholarship. For more information, visit

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 Last Modified 3/31/14