CSU Business Plan Competition Announces Plans for Fourth Year

COLUMBUS, Ga. — Columbus State University’s Turner College of Business has announced plans for its fourth annual Business Plan Competition, offering a top prize of $5,000 to the winning team.

Although plans aren’t due until next spring, organizers will present a workshop at 12:30 p.m. Thursday, Nov. 21, in room 306 of CSU’s Center for Commerce and Technology, on “How to Write a Business Plan.”

All CSU students in good academic standing, enrolled this fall or next spring, are eligible to compete by submitting a comprehensive business plan, including an executive summary, by March 25, 2014. Finalists will be notified less than two weeks later, by April 4.

Finalists will present their plans to judges on April 8 in the CCT auditorium. By April 14, 2014, judges will select prize winners, who will be recognized at a Thursday, April 17 luncheon. The competition also recognizes second- and third-place winners with prizes of $1,000 and $500 respectively.

The winner of the 2013 competition, announced last spring, was a team of five CSU students who developed a proposal for an environmental services company that would provide such services as emergency spill response, underground storage tank maintenance and solid waste management.

Business plans and their executive summaries should be submitted to competition organizer Kirk Heriot, CSU's Ray and Evelyn Crowley Distinguished Chair of Entrepreneurship, at heriot_kirk@ColumbusState.edu. Heriot launched the annual Business Plan Competition in 2010. The competition aims to promote entrepreneurship and development of startups, to build bridges between the university and the Columbus area, and to encourage commercialization of promising ideas. 

For more information, visit http://ColumbusState.edu/businessplan.

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