Kean Business Plan Competition 2024

Welcome to the Kean 2024 Business Plan Competition, where innovation meets opportunity! This competition is a vibrant platform for both aspiring entrepreneurs and small business owners. Whether you have a novel groundbreaking idea, or have a local business as a 'side hustle', we invite you to apply to the Business Plan Competition and showcase your business and creativity.

Business Plan Competition Flyer

How to Apply

About the Competition

Why Participate?

Diverse Tracks: Our competition is designed to cater to a wide range of entrepreneurial spirits. "NextGen Innovators Track" tailored for aspiring entrepreneurs who want to turn their innovative ideas into business and "Community Roots Track" for small business owners who want to be supported in their side hustles.

Showcase Your Idea: This is your stage to present your business plan to a panel of experts, gain valuable feedback, and refine your approach.

Networking and Mentorship: Connect with industry leaders, investors, successful entrepreneurs, and like-minded peers. Expand your network and gain insights from the best in the business.

Win Prizes and Support: Compete for a chance to win not just cash prizes, but also resources, mentorship, and the exposure you need to take your idea to the next level.

How to Apply?

1. Click here to register for the event.

2. Please submit your executive summary to bizplan@kean.edu by Feb 16.

For the first round, we only need your executive summary. Click here to view an example of what we expect in the executive summary.

Tips

Begin with either a creative, new business idea or with your existing business to grow it into a successful venture
Think through the product/service and its value proposition
Analyze the target market
Analyze potential competitors
Craft the marketing strategy
Generate pro forma financials for the first three years of operation (monthly for the first 12 months)

What's Next

Join the workshops to develop your business plan! Four sessions will be held to help students prepare their executive summaries. Please click here to register for one of the workshops
Submit your full business plan to bizplan@kean.edu by March 15, 2024!
Present your business plan at the grand finale event on April 22, 2024!

Deadline:
Applications are open until February 16th! Make sure to submit your business plan and grab this chance to transform your entrepreneurial dreams into reality!

Contact Us:
Have questions? Feel free to reach out at bizplan@kean.edu.

Join us in celebrating innovation, creativity, and entrepreneurial spirit. Let’s shape the future of business together!

Example Plans and Documents

Outline of Executive Summary.docx

Sample Business Plan Model Canvas

Evaluation Rubric

Sample Business Plan