FAU to Host 2013 Business Plan Competition
Registration Now Open
BOCA RATON, Fla. (December 20, 2012) - Florida Atlantic University’s Adams Center for Entrepreneurship and the College of Business will host the 2013 FAU Business Plan Competition, in which FAU students, alumni and members of the business community are invited to compete for a share of more than $200,000 in cash and prizes. The competition will take place on Thursday, April 11 and Friday, April 12, 2013 at FAU Boca Raton, 777 Glades Road. A track for the Greater Boca Raton Chamber of Commerce’s Young Entrepreneurs Academy (YEA!), a program that guides students’ grades seven to 12 through the process of launching a real business, will be included for the first time this year, allowing the group to compete on Wednesday, April 10, 2013.
The deadline for individual registration is Sunday, Feb. 17, 2013 at 5 p.m., and final business plans must be submitted by Sunday, March 17, 2013 at 5 p.m. The registration process coincides with National Write a Business Plan Month, which takes place throughout the month of December.
The 2013 FAU Business Plan Competition provides an opportunity for participants to compete and test their business ideas. Individuals or teams may submit an innovative business plan in one of two categories: the Entrepreneur Track, which is designated for alumni and members of the business community at large; and the Student Track, which is open to current FAU students only.
To compete, participants must complete the online registration. A screening committee made up of FAU faculty and South Florida business leaders will narrow business plan submissions to a total of 20 business plans to compete in the final-round event. Teams participating in the competition will have the opportunity to meet and network with experienced venture capital principals, early-stage angel investors, successful entrepreneurs and senior business leaders who will serve as judges for the competition.
Competition highlights include:
- Real-world opportunities to learn what is required to successfully launch a new business venture;
- A chance to receive mentoring and feedback from investors and experienced entrepreneurs; and
- Prizes valued at more than $200,000.
The FAU Adams Center for Entrepreneurship offers the following free or low cost opportunities to help launch business ideas:
- Entrepreneur Learning Sessions – take place every Friday beginning Jan. 18, 2013, these sessions are designed to provide entrepreneurs with tips and know-how for launching their business.
- Entrepreneur Boot Camp – beginning Jan. 26, 2013, the boot camp is structured to help entrepreneurs with the creation of the business plan, from start to finish.
- Entrepreneur in Residence – successful, experienced entrepreneurs and leaders volunteer their time to assist entrepreneurs with their business ideas.
Community partnerships enable the Adams Center for Entrepreneurship to continue its support for entrepreneurial programs and early-stage companies. The presenting sponsor for the 2013 FAU Business Plan Competition is the Research Park at Florida Atlantic University. Additional sponsors include 3Cinteractive; The Rector Group; Business Growth Advisors; Northwestern Mutual; Greater Boca Raton Chamber of Commerce; Daszkal Bolton, LLP; VPLENISH®; Fox Rothschild, LLP; Owl Tutoring; OneLoad.com; New World Angels; BusinessPartners.com; and 99designs.
For more information, contact Maggie Kelly at 561-297-3852 or visit www.business.fau.edu/bpc .
-FAU-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 www.fau.edu.