2011 Spring Connecticut Collegiate Business Plan Competition
Sponsored by the Connecticut Department of Economic and Community Development, Warbros Venture Partners, Connecticut Innovations, LaunchCapital and the Entrepreneurship Foundation
Updated February 10, 2011
Full Business Plan Competition, Semi-Final Questions:
| 1. | Grade Level |
| 2. | When will you graduate |
| 3. | Headquarters Location (State or Province where company will be located) |
| 4. | Product, Technology or Service brief description (10 words or less) |
| 5. | Product/technology/service full description, including innovations that make it unique and competitive |
| 6. | Who needs your product and why? (Market Niche) |
| 7. | Size of Target Market in Dollars and Number of Prospective Customers. |
| 8. | Sales and Distribution Plan |
| 9. | Names of important competitors and the strength and weaknesses of each |
| 10. | Barriers to Entry (what prevents others using your idea); eg - patent, exclusive contracts with key users or suppliers |
| 11. | Business Model (How much you charge, who pays, and what it costs to provide product/service) |
| 12. | Management Team and Relevant Experiences |
| 13. | Amount of Capital Needed to Launch Business |
| 14. | Connecticut University Affiliation |
| 15. | Name of University Adviser for Business Plan |
| 16. | University Business Plan Adviser's Email |
Finals (Oral Presentations) Judging Criteria:
| 1. | PRODUCT or SERVICE: Do you know what it is and what it does? Is there a compelling value proposition or problem solution for customer? |
| 2. | COMPETITIVE ANALYSIS: How does it compare to alternatives? |
| 3. | MARKET SIZE: Large enough? Was market claim convincing? |
| 4. | SALES PLAN: Is it realistic, adequate to meet projections? |
| 5. | BUSINESS MODEL: Can you tell how the company will make money? Are margins comfortable? |
| 6. | MANAGEMENT: Professionalism of presentation: Knowledgeable, convincing, polished speaker |
| 7. | FUNDING: Were capital needs clear? Realistic for stage? Do you know how capital will be used? How it will create success? |
Competition administered by the Entrepreneurship Foundation
Email: Roer@EntrepreneurshipFoundation.org