Description
The 11th Annual SEED Center Business Pitch Competition is open to all residents of Southwest Louisiana (Allen, Beauregard, Calcasieu, Cameron, and Jeff Davis Parishes). Over $65,000 in cash and prizes awarded to winners. Cash prizes of $5,000 awarded to the winner (individual or team) in each division.
The competition has four divisions:
- College students from the 5 parish area
- Local high school students
- General Business
- Technical sector
The Goal
The goal of the Business Pitch Competition is to increase awareness:
- of the SEED Center
- Business Incubator
- and increase entrepreneurship in local region.
Executive Summary
Your Executive Plan must include the following sections:
Elevator Statement
- Briefly describe your business?
Management/Business Experience
- What experience do you or your management team have in this business or market?
Real Business Problem Solution
- What problem(s) does the business solve?
Business Concept/Model
- What is your product or services?Be specific on what is your product or service.
Business Opportunity
- What gives your product or service an advantage?Is it unique? If it is not a new concept, how does it offer more than existing products or services?
- Who are your market competitors?
Customers
- Who is your customer?
- Describe your target customer segments.
- How do you or will you market the business?
- How will you price your product or service?
Product or Service
- How will this product or service make money?
- Do you need staff, facilities, or financing?Where or how will you get these things?
Financial Projections
- Summarize your 3 year financial forecast
- What are your major expenses?
Summation
- Reinforce why you believe this is a great business opportunity.