Business Plan Competition Criteria & Rules
Do You Have A Business Plan Or Start-Up Venture That Shows Significant Business Potential For The Burgeoning Baby Boomer Market, Which Represents More Than $2 Trillion In Spending Power? We Invite You To Enter Your Business Plan For The 2016 Silicon Valley Boomer Venture Summit Business Plan Competition. From Early-Stage Ventures In Medicine To Media, Fashion To Financial Services And Beyond, The 2016 SVBVS Business Plan Competition Aims To Generate The Best Ideas From The Best Universities And Tap Into The Business Expertise And Creativity Of Entrepreneurs Around The Globe.
We would love to know the people behind these business-plans, so we would prefer (not required) if you could submit a short video (up to 2 minutes).
1.) Please Fill Out The Applicant Registration Form. Click here.
2.) Submit A 10 Slide Deck Business Plan, Which Includes Financials And Executive Summary. Acceptable Formats Are PowerPoint Or Keynote. We Will Accept Your Entries Until 11:59 p.m. PST, June 6, 2016.
Please Email Your Plans To firstname.lastname@example.org. Include your name and your organization’s name.
B-Plan Competition Deadlines
Monday, June 6th
10 Slide Deck Business Plan Deadline. Emailed To: email@example.com
First Round Judging
Tuesday, June 7th – Saturday, June 11th
One week of judging, preliminary judges will be provided with electronic copies of all presentations.
Contact & Confirm Finalists
Sunday, June 12th – Tuesday, June 14th
Directly call to confirm finalists & send formal email with contract.
Pre Summit Run of Show
Tuesday, June 21st
Time & Location: TBD
Wednesday, June 22nd
Finalists Present 10 Slide Deck Business Plan In Person At The Silicon Valley Boomer Venture Summit.
Associate Director SVBVS Business Plan Competition
Adelene Gallego Ramos
Assistant Director SVBVS Business Plan Competition
All Entries will be judged by a panel of distinguished professionals from the venture capital, business, media and education communities, each of whom will have expertise in the various segments represented.
The Competition Includes two (2) rounds of judging. First Round Judges Review the 10 Page Slide Deck Submission for Financials and Executive Summaries. Final Round On June 22nd, Judges review the entrepreneurs’ onstage presentation of their 10 Slide Deck Business Plan at the summit. Finalists will receive feedback from First Round Judges and will have the opportunity to revise their 10 Slide Deck before their presentation.
Groups submit a complete 10 page slide deck business plan, which judges will review based on the following criteria:
- MARKET OPPORTUNITY
- Why is there a need for this company’s solution?
- What is the market opportunity?
- Are there any market issues that the plan did not acknowledge but that need to be addressed?
- PROPOSED PRODUCT/SERVICES
- What is the company’s solution?
- Does the company have a defensible and proprietary approach to its business?
- How can this company achieve a leadership position in the market?
- How does the company plan on penetrating the market?
- What does the market look for?
- Who would be the initial competitors and who would be likely competitors in the future?
- What is the company’s unique competitive advantage?
- What are the hurdles to entering the business?
- BUSINESS MODEL
- What is the business model? Is it operational or feasible?
- Does the plan address the major relevant risks and appropriate mitigation plans?
- Is the value proposition sound?
- How much capital is required to break even?
- How scalable is the business?
- Is the business model financially viable?
- Does the business model give back to a community or organization in some way?
- What is the background of management or proposed management for this type of company?
- Is there industry expertise and prior success among the management/founding team?
Grand prize finalists will present their boomer business ideas onstage at the Boomer Venture Summit. Grand prize finalists will give a five minute presentation with slides. Judges will select the winner at the end of the day. Finalists must be present on June 22, 2016 to be eligible to compete.
All federal, state and local taxes are the sole responsibility of winner. All federal, state and local laws and regulations apply. Winner must sign and return a notarized Affidavit of Eligibility certifying that the entry is his/her own original work and Release of Liability/Publicity within 10 days of first attempted notification. Noncompliance within this time period may result in disqualification and an alternate may be selected. By entering contest and/or accepting prize, contestant grants permission to sponsors and their agencies to use winner’s names and/or likeness for advertising and/or trade purposes without further compensation to contestant unless prohibited by law. Prize is nontransferable. By accepting prize, winner agrees to hold sponsors, their respective directors, officers, employees, advertising and promotion agencies and assigns, harmless against any and all claims and liability arising out of use of prize. Winner assumes all liability for any injury or damage caused, or claimed to be caused, by participation in this promotion or use/redemption of any prize. Contestants agree to be bound by the Official Rules and the decisions of the judges. Sponsors are not responsible for any typographical or other error in the printing of the offer, administration of the search or in the announcement of the prizes.
Finalists must be present on June 22, 2016.
Decisions of judges are final. Winner will be notified on June 22, 2016, at the 2016 Silicon Valley Boomer Venture Summit and Business Plan Competition. Grand Prize will be sent within 60 days of winner notification and address verification.
Sponsor is not responsible for lost, late, mutilated or illegible entries nor for electronic transmission errors resulting in omission, interruption, deletion, defect, delay in operations or transmission, theft or destruction or unauthorized access to or alterations of entry materials, or for technical, network, telephone equipment, electronic, computer, hardware or software malfunctions or limitations of any kind, or inaccurate transmissions of or failure to receive entry information by Sponsor or presenter on account of technical problems or traffic congestion on the Internet or at any website or any combination thereof. If for any reason the Internet portion of the program is not capable of running as planned, including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of the sponsor which corrupt or affect the administration, security, fairness, integrity, or proper conduct of this contest, the Sponsor reserves the right at its sole discretion to disqualify any individual who tampers with the entry process and to cancel, terminate, modify or suspend the contest.
Intellectual Property Protection
Organizers and sponsors of the 2016 Silicon Valley Boomer Business Plan Competition have taken reasonable measures to ensure that all contestants retain their rights to their business plans and any intellectual property. Organizers and sponsors shall make no claim to any of the property or rights.
Additionally, the finalists will present their business plans to attendees of the 2016 Silicon Valley Boomer Venture Summit and Business Plan Competition on June 22, 2016 at Santa Clara University, Santa Clara, California. The content of presentations is at the discretion of each contestant.
By entering this contest all contestants indemnify organizers and sponsors of the 2016 Silicon Valley Boomer Venture Summit and Business Plan Competition from any liability whatsoever arising out of this contest.