Business Plan Competition 2022
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The St. Thomas Business Plan Competition is open to all St. Thomas students with plans for a new company or with a business that’s been incorporated less than 12 months.

Have you participated in the Fowler Business Concept Challenge, the Lemonade Stand or any other business competition? This is the logical next step to get your plans on paper, move your business forward and get paid in the process.

There are two divisions of competition – undergraduate and graduate/recent alumni – with a top prize in each of $10,000 cash. Additional prizes totaling $8,000 more are awarded to teams that advance to the finals division

Eligibility

In Either Division

  • Submissions must be for a new company or for a business that’s been incorporated less than 12 months and cannot have won a previous St. Thomas Business Plan Competition.
  • The business should not have received more than $200,000 in equity-related capital (such as seed capital or institutional funding) or generated more than $100,000 in gross revenue prior to the current academic year. Revenue generated during a test-marketing project may be excluded from this provision.
  • Teams typically consist of one to four members.
  • Each team must designate one student or alumni member as the team leader and point-of-contact for the competition.
  • Teams may include non-student or non-alumni members, however, these individuals cannot make up the majority of the team, cannot take part in pitch presentations or win prize money.
  • In the case of submissions from an existing organization, at least one student or alumni team member must be a C-level officer or a director of the organization (e.g., Executive Director, CEO, COO, etc.) or the majority owner of the business.

Undergraduate Division

The competition is open to all currently enrolled University of St. Thomas undergraduate students registered in the semester of the competition with a valid St. Thomas student ID.

Graduate and Recent Alumni Division

The competition is open to currently enrolled graduate students and post-doctoral fellows registered in the semester of the competition with a valid St. Thomas student ID. Recent alumni, students who have graduated within the past five academic years are also eligible to compete in this division.