Now it's fifth year, the Creative Core Emerging Business Competition is bigger than ever! This year, there is a quarter of a million dollars on the table for startups that are located in Central New York State.
Just a few short bites to the $250K seeds
With all that said about winning all that money, I think these competitions are a great way to focus an entrepreneurial team on a specific goal with a specific deadline. I have seen many strong business plans get written by people who were under the time pressure of a strict deadline.
One of the things every business plan needs - but doesn't always have - is a discussion of the main parts of a business. For those who are thinking of entering, here is the table of contents to the business plan we submitted and won with in 2008:
Good luck!
With all that said about winning all that money, I think these competitions are a great way to focus an entrepreneurial team on a specific goal with a specific deadline. I have seen many strong business plans get written by people who were under the time pressure of a strict deadline.
One of the things every business plan needs - but doesn't always have - is a discussion of the main parts of a business. For those who are thinking of entering, here is the table of contents to the business plan we submitted and won with in 2008:
- Table of Contents.......................................page 1
- Executive Summary...........................................2
- Business Plan
- Company Mission..............................................6
- Technology & Product Description..........................6
- Market Size & Potential......................................8
- Market Validation.............................................9
- Competitive Analysis........................................10
- Management Profile.........................................12
- Revenue Projections & Operational Expenses............14
- Intellectual Property........................................16
- Risk Assessment..............................................17
- Stage of Development & Operational Steps...............18
- Financing Plan...............................................18
- Regional Economic Impact and Potential.................19
- Contact Information........................................19
- Company Mission..............................................6
Good luck!
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