Business Plan

Writing Contest

Business Plan Writing Contest

Are you within the ages of 17 to 35 and have an idea or business venture that can create value and provide a drive to the industry or social sector in your locality? Then participate in businessplan.com.ng writing contest and stand a chance to win attractive prizes and be recognized on an international scale.

Theme

Entrepreneurial Solutions to Address Developmental Challenges

Organizer

Businessplan.com.ng

Prizes

5 cash prizes of $1000 each

Deadline

14th September 2018

Guidelines

The business writing contest is open to all college/ university students within the ages of 17 to 35 years

Your business plan should focus on any of the following sectors:

  • Social Entrepreneurship/Non-Profit
  • Education
  • IT/Software
  • Food, Nutrition & Agriculture
  • Creative Industry
  • Healthcare
  • Cultural Industry
  • Energy
  • Other Services

Important dates in the writing contest are:

  • Friday, September 14: Last date for submission of executive summary and full business plan.
  • Friday, September 28: Announcement of top 5 winners.
  • Monday, October 1 – Friday, October 5: Payment of top 5 winners.

Instructions

  1. Your business plan must be financially sustainable and/or profitable.
  2. Your business plan must be scalable in the long term. Scalability will take into account the potential for growth of the business.
  3. Operational “early stage” ventures should not have been in operation for more than 3 years.    Submitted ventures cannot be wholly owned subsidiaries of already existing business entities
  4. The business plan must include a financial analysis as well as a Social Impact Assessment (SIA)
  5. You can form a team to research and execute the project. However, teams can have up to 3 members.

Submission Guidelines

  • Submission of the business plan is to be done only as .PDF.
  • Submission of financial analysis is to be in Excel sheets.
  • Business plan is not to exceed 25 pages plus 5-6 pages of appendices and 1 cover page.
  • Business plan must have a cover page, table of contents, page numbers.
  • Convert all financial numbers to USD and use metric number system.
  • Name your file as follows: business plan, team leader and school (e.g. travel agency, Albert, UAC).

Judging

The business plans will be presented to a panel of judges.

Judges review the complete business plans on the following criteria:

  • Economics of the business
  • Management team
  • Concept strength
  • Market
  • Operations
  • Financing

Entry Fee: None

How to enter the contest

Send you best work to contest@businessplan.com.ng lasts by the 14th September 2018, 2300 hrs IST.

Got a query? Send it to hello@businessplan.com.ng

Good luck everyone!!

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