Business Plan Criteria

Business Plan Criteria-70
Teams should approach the competitions as any new venture team would approach the marketplace.Your goal is to solicit feedback from experienced entrepreneurs and investors and to gain seed capital for your ideas.

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Business Plans should be submitted as a single, printable PDF file.

Plans are limited to 4-7 pages including a one-page executive summary (but not including a cover page and single table of contents page).

Pitch Deck presentations are limited to 7 minutes and will be followed by 7 minutes of Q&A by the investor judging panel.

The public is welcome to view presentations and teams may attend other presentations after they have completed their own presentation.

Each business plan will be judged by a group of entrepreneurs, venture capitalists, and business professionals.

A judging rubric may be found on this site; however, ultimate ranking and awards are solely up to the discretion of the judging panel.The cover page must include the venture name, team members, and logo if available.Financial data should be summarized and highlighted in the written plan with supporting details and spreadsheet information in the Appendix.Though teams can choose their presenting person or persons, each student member should be present at the competition and be prepared to support their business plan.The Idaho Pitch and Startup Vandal simulate the process of entrepreneurship.Startup costs, how it will be used, along with Proforma income and cash flow statements are appropriate.Each team should have a professional pitch deck consisting of a powerpoint or other presentation media, and models, prototypes, signage and displays are encouraged.All plans, pitches, and presentations must be accurate and represent the venture in an honest manner. Mentors can be a valuable resource for startups and teams are encouraged to seek faculty, business, and technical mentors.Teams should also consider the writing center for editing and format assistance and have the plan proofread by several business and non-business sources.Either way, that’s the past: cell phones are now everyday business tools, regardless of yacht access.After you determine whether your small business needs a mobile phone plan—if you have more than a couple of employees working outside of the office on a regular basis, among other factors, you probably do—the next step is choosing a provider.

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