UW-RF Home > University Communications Home > This Month's News Releases

University Communications

For more information contact mark.a.kinders@uwrf.edu or brenda.k.bredahl@uwrf.edu.

Business Plan Contest Set

By Katie Bild
UW-RF University Communications

MAY 5, 2006--Budding entrepreneurs enrolled in University of Wisconsin System schools are encouraged to submit original business plans by June 1, 2006 for a chance to earn up to $750 in prize money.

The competition is sponsored by Xcel Energy and the University of Wisconsin – River Falls.

Individuals or teams must be currently enrolled undergraduates at any two or four-year school within the UW System and an active participant in an original business plan. Teams are encouraged to seek input from faculty, staff and the business community. There is no limit for entries per school or the number of members on a team, however, it is recommended that most teams should have three to five members with varying skills and interests. Teams may also have received limited funding before but it must be disclosed on the entry form.

Plans that include leveraged buyouts, recapitalizations, restructurings, mergers, acquisitions, joint ventures, search funds and strategic alliances are not eligible.

Prizes will be awarded on June 15. First place is $750, second is $500 and third is $250.

The business plan format should include an executive summary, business overview, market opportunity, market solution, market analysis, management team, potential risks, financial analysis, social/environmental quantitative impact analysis, proposed exit or harvest strategy and a funding request.

For questions and the complete business plan format, contact UW-RF Professor Jude Rathburn at jude.rathburn@uwrf.edu or 715-425-3335.

-30-

Last updated: Thursday, 22-Apr-2010 16:07:23 CDT