2014 Silicon Valley Boomer Venture Summit Business Plan Competition

Description

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 2014 Silicon Valley Boomer Venture Summit Business Plan Competition. From early-stage ventures in medicine to media, fashion to financial services and beyond, the 2014SVBVS 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.

Website

http://www.boomerventuresummit.com/index/competition/

Competition Organizer

The Leavey School of Business at Santa Clara University and Mary Furlong & Associates

Local US Event
Lafayette, CA
*Available in all states*

Submission Date

5-30-2014

Business Plan Submission Date

5-30-2014

Awards Date

6-25-2014

Total Prize Cash (US Dollars)

$10,000

Competition Category
  • Graduate - Local U.S.
  • Graduate - All U.S.
  • Undergraduate - Canada
  • Undergraduate - Local U.S.
  • Undergraduate - All U.S.
  • Business - Canada
  • Business - Local U.S.
  • Business - All U.S.
  • Graduate - Canada
  • Social Entrepreneurship
  • Technology - Green
  • Technology - Other
  • Women or Minority-owned
  • Specialized Industries
  • Virtual/Online
  • Business - Global
  • Graduate - Global
  • Undergraduate - Global
  • iStart
Who's Eligible

Everyone is welcome to apply. We also welcome applicants from other states and countries.

Important Dates

B-Plan Competition Deadlines

First Round
Friday, May 30th- 10 slide deck business plan deadline. Email to: boomerventurecompetition@gmail.com

Monday, June 9th – Finalists announced

Final Round
Wednesday June 25th, 2014- Finalists present 10 slide deck business plan in person at the Silicon Valley Boomer Venture Summit.

Other Info

Judging Criteria
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.

Competition Rules/Eligibility
The competition includes two rounds of judging. During the first round, judges review the 10 page slide deck submission that includes financials and executive summaries. During the final round on June 26, judges review the entrepreneurs’ on-stage 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 during the final round.

First Round
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?

COMPETITION
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?

MANAGEMENT/FOUNDERS
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?

Final Round
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 26, 2013 to be eligible to compete.