Neeley Entrepreneurship Center | Values and Ventures® Business Plan Competition
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The Neeley School of Business at TCU is proud to host the fifth annual undergraduate-only Richards Barrentine Values and Ventures® Business Plan Competition. This international competition epitomizes the Neeley School’s mission – to develop ethical leaders with a global perspective who help shape the business environment – by encouraging student entrepreneurs to develop for-profit enterprises that impact society in meaningful ways.
Ventures submitted for the Values and Ventures® competition must be for-profit values-centered enterprises. This is not a competition for nonprofit social enterprises. Examples include: for-profit businesses that also support the social or economic goals of customers, communities, employees and their families, suppliers and/or the environment. Consider contributions to sustainability, innovations in health and life sciences, innovations in energy, or opportunities for under-represented groups in business. Winning examples are showcased on our website.
|February 16, 2015
||Intent to Compete and Executive Summary of Venture Concept (Deadline for Submission)
|March 2, 2015
||Schools selected to compete notified
|March 24, 2015
||Application and Business Plan (Deadline for Submission)
|April 10-11, 2015
||Competition on TCU Campus
Fees and Expenses
There is no fee for participation. TCU pays for lodging for each team (up to three rooms) for three days in a premier Fort Worth hotel, including all transportation to and from the hotel to TCU. Air/ground transportation to/from Fort Worth, Texas, is not included.
Judges include entrepreneurs, investors, marketing and financial experts, venture capitalists, attorneys, accountants and more.
- Concurrent presentations by all teams, grouped by flight, to determine top two teams
- Consecutive presentations by second-place teams from each flight (lightning round)
- Bolin Innovation Forum
- Dinner and announcement of finalists (first-place teams from each flight and top two teams from lightning round)
- Consecutive presentations by all finalists
- Elevator Pitch Competition for non-finalist teams
- Awards Ceremony and Reception
The Neeley School of Business at TCU cannot guarantee the confidentiality of any concept presented. While every effort is made to safeguard submissions, neither judges, mentors, reviewers, faculty, staff nor observers are required to sign a non-disclosure agreement. Presentations are open to the public. By entering the competition, team members and participating universities agree that the Neeley School of Business at TCU may broadcast, videotape, photograph or otherwise duplicate the presentations made during the competition.
Online Application Process
- Submit your Intent to Compete Form and Executive Summary of Venture Concept (less than 300 words) online by February 16, 2015 at 11:50pm CST.
- All venture concepts must meet eligibility criteria and abide by the Values and Ventures Competition Rules.
- If necessary, the top invited schools will be selected to compete based on the strength of the Executive Summary of the Venture Concept. Schools selected to compete will be notified by March 2, 2015.
- Submit your online Application and email your complete Business Plan formatted according to the Values and Ventures Competition Rules by March 24, 2015 at 5:00pm CST to VandV@tcu.edu.
Online Application Links (available here January 15)
Eligibility – Undergraduate Students Only
- U.S. Students: Only currently enrolled undergraduate college students or students who graduated in summer/fall 2014 are eligible. The competition is invitation-only.
- International Students: Only currently enrolled undergraduate college students are eligible. Since some international students earn a bachelor’s degree in three years, those students may participate within their fourth year of university only.
Teams must have a faculty/staff sponsor who will authenticate that the business plan was prepared under faculty supervision or as part of regular university coursework.
Team Composition and Member Participation
Teams may include one to five members. Each team member must participate in the presentation. Team members may represent any discipline of study and are not limited to the business school.
Each plan should be an organized and coherent plan of action for a new, for-profit venture (nonprofit ventures will be disqualified) that has a distinct values-driven component. Plans should indicate how prize winnings will be used to further the values component of the business.
- Submissions must be received by 5 pm CST, March 24, 2015, electronically in a pdf format.
- Plans must be for newly conceived ventures only.
- Each competing university may submit one venture plan from one team only.
- Venture plans must be the original work of the students who comprise the team.
- The venture plan must be for a seed, start-up or early stage venture and must address the entire business concept. Emphasis should be placed upon the venture’s values-based component.
- The Neeley School of Business at TCU reserves the right to reject questionable business concepts. Plans NOT eligible for the competition: nonprofits, buy-outs, expansions of existing companies, real estate syndications, tax shelters, franchises, licensing agreements for existing businesses proposing to expand in a different geographical region, spin-outs from existing corporations, consulting projects or analyses, and non-legal activity.
Submissions of Business Plans
- Required Cover Page Information: Name of sponsoring university; name of proposed venture; name, phone and email of faculty/staff sponsor; name, phone and email of team leader; names, phone numbers and e-mails for other team members.
- Table of Contents
- Executive Summary: Limited to one page.
- Business Plan: Not to exceed five pages total.
- Pro Forma Financial Statements: Not to exceed three pages total.
- Must be submitted via email in PDF format by 5pm CST, March 24, 2015 to VandV@tcu.edu
- Online application must be submitted by 5pm CST, March 24, 2015
- Written Business Plan – 20%
- Values-Centered Enterprise – 20%
- Presentation – 20%
- Viability of Company – 40%
Full Pitch Presentations
Full pitch presentations will be made at 30-minute intervals with the following time limits strictly enforced:
- 12 minutes for presentation with visual aids
- 10 minutes to respond to questions and answers from judges
- 8 minutes for judges’ evaluations, discussions, breaks
Elevator Pitch Presentations
One member from each non-finalist team will be invited to participate in a 90-second elevator pitch on the second day of the competition. Click here for more information on the elevator pitch competition.
Becky Gann, Director
Values and Ventures Program
Neeley Entrepreneurship Center