The new venture business plan competition is an event hosted by the Kauffman Foundation that encourages entrepreneurs to submit their best business plans. The competition has been running annually since 2002 and has served as a forum for startup businesses to share their ideas and receive feedback from judges.
Past winners have gone on to establish some of the most successful startups in the country. So if you're thinking about starting a new business, this is the event you want to attend. To get more details about new venture business plan competition, you may check it here.
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The competition is open to any startup company, regardless of industry or geography. Businesses can compete in one of three categories: technology, cleantech, or healthcare. All entries must be between two and five pages long and must include a detailed business plan, financial projections, and a list of key stakeholders.
The judging process is rigorous and includes interviews with judges who will evaluate plan quality, innovation, feasibility, and potential marketability. The top three finishers in each category will then move on to compete in the final round, which includes a presentation panel and Q&A session with judges.
The winner of the competition will gain access to valuable resources from the Kauffman Foundation and receive $25,000 worth of mentor support. So if you're thinking about starting a business, this is a great opportunity that you should take advantage of.