Welcome to the 2015 Washington State University Business Plan Competition!

This annual event

brings together aspiring entrepreneurs, investors, and business professionals to showcase innovative
business ideas and compete for valuable prizes. The competition is open to all current WSU students
and recent alumni, providing a unique opportunity to turn your business idea into a reality.

The Importance of a Business Plan

As any successful entrepreneur will tell you, a well-crafted business plan is crucial to the success of
any business venture. It serves as a roadmap for your business, outlining your goals, strategies, and
financial projections. A strong business plan not only helps you clarify your ideas and identify
potential challenges, but also serves as a valuable tool when seeking funding from investors or
lenders.

However, writing a business plan can be a daunting task. It requires extensive research, financial
analysis, and a deep understanding of your target market. Many entrepreneurs struggle to find the
time and resources to create a comprehensive and effective business plan.

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Join the Competition

By participating in the Washington State University Business Plan Competition, you not only have
the chance to win valuable prizes, but also gain valuable feedback and exposure for your business
idea. Whether you are just starting out or have been working on your business for some time, this
competition is a great opportunity to take your idea to the next level.

So why wait? Register for the competition today and take the first step towards turning your
business idea into a reality. And remember, for all your business plan needs, turn to ⇒
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Faculty seed grants also will be available to advance research laddering up to Here and Next. The
Washington State University team developed a carbon-based microparticle solution that protects
Honey Bee colonies exposed to harmful pesticides. Jones Foundation Grand Prize —capping an
incredible journey for a project that started in the lab and now moves closer to re-shaping part of the
pharmaceutical industry. Jones Graduate School of Business in collaboration with the Vice Provost
and the Office of Research. SclObo aims to become the premium streetwear brand for gamers by
fusing unique designs and collectibles with limited-run fashion. This device will help reduce the
incidence rate of incisional hernias, a common complication of abdominal surgeries. The UW team
hopes to disrupt the garden industry with their biodegradable planter pots made from biomass waste
like spent beer grains. However, teams should expect to be asked about these terms and should be
prepared to answer these questions in some fashion (if this information is not already provided in the
written plan.) It is up to the team to assess the BEST way to address this question; however, past
experience indicates that some judges will want to know a team’s estimated company valuation. It
allows customers to easily identify, filter, and book public spaces and allows public institutions to
better serve their communities. Louis’ racial inequities, economic mobility and educational
opportunity. With 3x more caffeine than traditionally brewed coffee, Seattle Strong still remains
balanced enough to drink with no additives, creating a better kind of buzz. Our products help laser
tag arena operators increase customer satisfaction to boost returning player visit rates. With 3x more
caffeine than traditionally brewed coffee, Seattle Strong still remains balanced enough to drink with
no additives, creating a better kind of buzz. Get in touch to learn more about the program, to set up a
phone call with an admissions representative, or to arrange a (virtual) class visit. Your participation
as mentors for student startup teams, Business Plan Competition judges, and financial contributors
enables our team to continue the important work of developing students who will become the
innovators and entrepreneurs of tomorrow. Small class sizes mean hands-on training and
individualized attention. But what about tutors who are also Bellevue School District teachers? The
Rice Alliance cannot guarantee that other individuals will not obtain access to electronic or hard
copies of the business plan. Students and faculty who engage with the center make strong
connections to the Seattle entrepreneurial community. Plans with fewer than 6 pages of appendices
may not use the remaining pages to increase the size of their business plan beyond 10 pages. See
photo above with several of the judges pictured. You must ensure the youtube video settings include
permission to embed the video on an external site (check box). Students and faculty who engage
with the center make strong connections to the Seattle entrepreneurial community. We want to be a
university where every student with an interest in starting a venture, or being a part of something
entrepreneurial, has an opportunity to pursue that during their time at WSU. UW Foster School of
Business ???????? 3 ???? (1 ??????????). All teams will receive feedback from the Review and
Selection Board on their presentation. Latest posts by Laura Ascione ( see all ) AI on the brain: The
latest higher-ed news - April 4, 2024 5 insights on workforce readiness - March 29, 2024 Many
students struggle, but few use mental health resources - March 25, 2024 Twitter Facebook LinkedIn
Email Print. Spaces are limited at the RBPC, and a last minute cancellation will prevent another
university from competing. All appendices must fall within the 6 page limit; any pages over this limit
will not be posted or otherwise provided to the judges. In addition, a letter will be sent to their
faculty advisor and to the Dean of their School informing them of the team’s failure to honor their
commitment, and of their school’s disqualification for the next two years.
Teams also presented potentially world-changing ideas such as a new digital thermometer to help
increase the amount of milk pasteurization done by migrant cow herders in the developing world.
The Nanodropper is an affordable, universal eyedropper adaptor that decreases the volume of
oversized eyedrops to reduce cost, waste, and side effects, ultimately increasing access to expensive
prescription eye medications. Please, no personal attacks, obscenity or profanity, selling of
commercial products, or endorsements of political candidates or positions. Students and faculty who
engage with the center make strong connections to the Seattle entrepreneurial community. Students
get invaluable experience by presenting a business plan and taking questions from a panel of judges,
an environment similar to what they would face when trying to find investments in the future. Our
solution aims to reduce the economic burden associated with litigation costs and emergency medical
responses in hospitals. A final round later that same day is followed by an awards dinner celebration
at Bell Harbor in Seattle. As the university launches its vision and outlines its 10-year aspirations
through the plan, the path to implementation will also take time, effort and focus. We want to be a
university where every student with an interest in starting a venture, or being a part of something
entrepreneurial, has an opportunity to pursue that during their time at WSU. This device will help
reduce the incidence rate of incisional hernias, a common complication of abdominal surgeries. Small
class sizes mean hands-on training and individualized attention. Students and faculty who engage
with the center make strong connections to the Seattle entrepreneurial community. FinTech is an
emerging financial service sector that provides financial solutions through software applications and
modern technology. First, the entire WashU community is invited to a series of in-person and
webinar events taking place through October that will address and explain various components of
Here and Next. Louis region, advancing outcomes in the community, and providing world-class
patient care for all residents in collaboration with hospital partner BJC HealthCare. All presentations
are open to the general public, and some presentations may be videotaped. Detailed financial data
and tables should be included in the appendix. Louis, as a global hub for transformative solutions.
Steve Brilling, Executive Director of the Entrepreneurship Center, gathered a stellar group of finalist
judges to review the written business plans and sit through the pitches of the final four business plan
presenters and vote on a grand prize winner and a second place winner. Special consideration will be
given to businesses that capture this value while simultaneously benefiting society and the
environment. After the event, Nelson said “I watched dozens of new entrepreneurs—some as young
as 21—share their ideas. Additionally, five startup teams from across the state of Washington
competed in the high school division. Zhang is also the entrepreneurial lead on a National Science
Foundation I-Corps lignin-to-biojetfuel project, which was awarded to Yang and his team. Using our
application, farmers can list, sell and distribute goods that previously would have gone to waste. I
know I was in a room with people who will change the world.”. Members include Libing Zhang, a
recent doctoral alumna, and Manuel Seubert and Taylor Pate, who are master’s in business
administration students. Get all Chamber news or select only the topics you want to stay updated on.
We reserve the right to remove any inappropriate comments. The UW team hopes to disrupt the
garden industry with their biodegradable planter pots made from biomass waste like spent beer
grains. Judges will evaluate the teams as real-world entrepreneurs soliciting start-up funds from early
stage investors and venture capital firms. The judges are asked to rank the presentations based on
which company they would most likely invest. 76% of judges surveyed considered investing in a
team that presented at the 2016 RBPC or referred a team to a third-party investor.
The 2016 grand prizewinner will ring the closing bell at the Nasdaq MarketSite in New York City.
The AGI is comprised of scientists, faculty, and students from both WSU and Pacific Northwest
National Laboratory. However, the Rice Alliance for Technology and Entrepreneurship, the organizer
of the RBPC, will make every effort to limit distribution of business plans presented at the
competition. Convening these areas of excellence along with WashU’s commitment to environmental
justice will form a more collaborative, cohesive effort to advance its strengths to mitigate the
devastating effects of climate change. There were lots of smart people in the room who had definite
opinions and they were not all the same. The “Internet of Things” prize recognizes a business venture
that has incorporated new products or services that contribute to the Internet of Things (IoT)
ecosystem. But what about tutors who are also Bellevue School District teachers? Your participation
as mentors for student startup teams, Business Plan Competition judges, and financial contributors
enables our team to continue the important work of developing students who will become the
innovators and entrepreneurs of tomorrow. The action you just performed triggered the security
solution. This feedback will not be used for advancement or placing in the competition, rather is for
coaching purposes only. I think the high level of entries reflect our positive momentum in that
direction.”. This device will help reduce the incidence rate of incisional hernias, a common
complication of abdominal surgeries. Business Intelligence for Global Entrepreneurship (BIGE) 3).
Jones Graduate School of Business in collaboration with the Vice Provost and the Office of
Research. Louis, as a global hub for transformative solutions. We want you to take this journey with
us during the next decade at WashU, because the actions we take now will shape our university for
generations to come.”. This is the premise of Atlas Academics, a team of Sammamish High School
students who recently took first place in the high school division of the 10th annual Washington
State University Business Plan Competition. Members include Libing Zhang, a recent doctoral
alumna, and Manuel Seubert and Taylor Pate, who are master’s in business administration students.
Whatever it is, chances are you can get it done locally. All three groups gained invaluable resume
pieces for college applications, and an idea what it will be like to woo investors in their future
endeavors. This prize was awarded to the team with the best financial technology product or service
solution, regardless of overall placement. I won’t be surprised to see at least a couple of these
companies being presented at a ZINO Society Roundtable Investment meeting within the next few
months. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship, which
is Rice University's internationally-recognized initiative devoted to the support of entrepreneurship,
and the Jesse H. Danforth St. Louis Confluence Awards, which are designed to elevate WashU’s
investment in the St. It allows customers to easily identify, filter, and book public spaces and allows
public institutions to better serve their communities. He is a sophomore from Rapid City, S.D.,
majoring in digital arts and design. The university is working so hard today to help students bring
research, innovation and ideas to the market place.”. They can be utilized in educational
environments and by independent developers and sold to electronics distributors. Faculty seed grants
also will be available to advance research laddering up to Here and Next. The teams also were
evaluated on the merit of their ideas and business plans.
Get all Chamber news or select only the topics you want to stay updated on. Additionally, five
startup teams from across the state of Washington competed in the high school division. All teams
will receive feedback from the Review and Selection Board on their presentation. I attribute this to
our successful efforts at WSU to raise the profile of entrepreneurship. This year, all teams who apply
will receive feedback on their startup from the competition’s Review and Selection Committee,
comprising select members of the judging panel. All this with an affordable, public school price
that's among the best values in the region. The CES also helps facilitate student entrepreneurship
clubs and organizations. Our innovative approaches in these areas will render our university even
more distinct and contribute to a more vibrant, healthier region and world,” Wendland said. That
group was narrowed to a pool of 36 teams in the investment round, then further narrowed to the
sweet 16. The competition was also supported by the College of Business and Information Systems.
Plans with fewer than 6 pages of appendices may not use the remaining pages to increase the size of
their business plan beyond 10 pages. Louis region. Working with existing community groups and
institutional partners, WashU will aim to be a conduit for collaborative, engaged teaching, learning
and research that supports increased opportunity and advancement for everyone. The revised plan
should follow the same format as outlined above and is due Monday, April 3, 2017 by 5 pm. Feros
utilizes freight trailers to seamlessly integrate EV technologies into the trucking system, transforming
the trailer into a value-creation asset that enables companies to move freight cheaper, faster, and
cleaner. In total, the maximum number of pages is 18, if a cover page and table of contents are
included. The focus should be on your presentation and content, not video production quality. Zhang
is also the entrepreneurial lead on a National Science Foundation I-Corps lignin-to-biojetfuel project,
which was awarded to Yang and his team. After the event, Nelson said “I watched dozens of new
entrepreneurs—some as young as 21—share their ideas. Curriculum will evolve so all students can
thrive, faculty will be supported to the fullest, and there will be a distinct focus on advancing
personal and professional growth, leadership, access, well-being and equity for the entire campus
community. Vicinity eliminates barriers to access and simplifies the rental process for public spaces.
It would be placed on Market Street in Kirkland, and be a family-friendly meeting place, said
MacMichael. I think the high level of entries reflect our positive momentum in that direction.”. Rice
does not give investment advice, endorsement, analysis or recommendations with respect to any
securities and is not a broker, venture fund or an investment advisor. The university will expand its
capacity and create new avenues for all faculty to collaboratively meet their research goals. It is our
expectation that, even if a team is not selected to compete, the application process will provide a
unique coaching opportunity for developing ventures. CfE is open to students from every college
and major throughout the WSU system and provides programming, activities, resources, and events
that help students identify the next right step for their entrepreneurial journey. The Washington State
University team developed a carbon-based microparticle solution that protects Honey Bee colonies
exposed to harmful pesticides. Steve Brilling, Executive Director of the Entrepreneurship Center,
gathered a stellar group of finalist judges to review the written business plans and sit through the
pitches of the final four business plan presenters and vote on a grand prize winner and a second
place winner. Judges will evaluate the teams as real-world entrepreneurs soliciting start-up funds
from early stage investors and venture capital firms. The judges are asked to rank the presentations
based on which company they would most likely invest. 76% of judges surveyed considered
investing in a team that presented at the 2016 RBPC or referred a team to a third-party investor.
This year, all teams who apply will receive feedback on their startup from the competition’s Review
and Selection Committee, comprising select members of the judging panel. With 3x more caffeine
than traditionally brewed coffee, Seattle Strong still remains balanced enough to drink with no
additives, creating a better kind of buzz. We also cannot address individual medical concerns or
provide medical advice in this forum. FinTech is an emerging financial service sector that provides
financial solutions through software applications and modern technology. It would be placed on
Market Street in Kirkland, and be a family-friendly meeting place, said MacMichael. She is a
graduate of the University of Maryland's prestigious Philip Merrill College of Journalism. Clara June
Studios create hand-made, wheel-thrown pottery ceramics sold at regional farmers’ markets and
retail stores. One big first step: a new WashU student initiative launching later this week. Zhang is
also the entrepreneurial lead on a National Science Foundation I-Corps lignin-to-biojetfuel project,
which was awarded to Yang and his team. The competition was also supported by the College of
Business and Information Systems. Students are immersed in a full-time business management
curriculum rich with lively discussions that are relevant and applicable to their organizations and
future career goals. Submit opportunities Newsletter Testimonials FAQs Contact Us Webmail
Contact us. More than 175 judges selected the top 36 teams (detailed below) to advance past the
Screening Round of the competition, hosted by the UW Foster School’s Buerk Center for
Entrepreneurship. Leveraging Vita’s patent pending system, helicopter operations are 2500% more
effective and safe. There are several actions that could trigger this block including submitting a
certain word or phrase, a SQL command or malformed data. It is our expectation that, even if a team
is not selected to compete, the application process will provide a unique coaching opportunity for
developing ventures. First, the entire WashU community is invited to a series of in-person and
webinar events taking place through October that will address and explain various components of
Here and Next. The Mod Pizza “Social Impact” prize recognizes a venture that “not only
demonstrates the capacity to deliver financial performance, but also shows how it makes a positive
contribution to society.”. The 16 highest-scoring teams will be announced at the reception following
the event and advance to the Sweet 16 on Thursday, May 24. All teams will receive feedback from
the Review and Selection Board on their presentation. Through Here and Next, we can offer additive
contributions in ways that positively shape the lives and experiences of our people and our
community — through the core missions and with St. Louis. The administrative areas will be fiercely
and intentionally focused on cultivating leaders, creating an inclusive employee experience and
elevating operational effectiveness in order to realize the goals set forth in the strategic plan.”. Jones
Foundation Grand Prize —capping an incredible journey for a project that started in the lab and now
moves closer to re-shaping part of the pharmaceutical industry. Louis region by encouraging and
rewarding faculty research that enhances the university’s impact in St. Louis. Other seed grants are
also planned. The DLA Piper “Best Idea with Global Reach” prize goes to a venture that has
aspirations for acquiring customers around the world. This feedback will not be used for
advancement or placing in the competition, rather is for coaching purposes only. This prize is
awarded to the team with the best financial technology product or service solution, regardless of
overall placement. OLA Simple strives to be a global leader in cost-effective, rapid, point-of-care
platform technologies to detect single nucleotide mutations in DNA or RNA and revolutionize the
diagnosis and treatment of acquired and inherited diseases. I’m pretty sure if asked that he would
liken it to herding cats. This takes so much courage, so much conviction, so much bravery. Latest
posts by Laura Ascione ( see all ) AI on the brain: The latest higher-ed news - April 4, 2024 5 insights
on workforce readiness - March 29, 2024 Many students struggle, but few use mental health
resources - March 25, 2024 Twitter Facebook LinkedIn Email Print.
The Nanodropper is an affordable, universal eyedropper adaptor that decreases the volume of
oversized eyedrops to reduce cost, waste, and side effects, ultimately increasing access to expensive
prescription eye medications. In his presentation, Maloney addressed the importance of student
startup competitions in asking big questions to solve big problems. Include an explanation of the
offering to investors indicating how much money is required, how it will be used, and the proposed
structure of the deal, (i.e., stock, debentures, etc.) and possible exit strategies. The only surefire way
to know if DSU is right for you is to see for yourself. Get in touch to learn more about the program,
to set up a phone call with an admissions representative, or to arrange a (virtual) class visit. We want
to be a university where every student with an interest in starting a venture, or being a part of
something entrepreneurial, has an opportunity to pursue that during their time at WSU. However,
teams should expect to be asked about these terms and should be prepared to answer these questions
in some fashion (if this information is not already provided in the written plan.) It is up to the team to
assess the BEST way to address this question; however, past experience indicates that some judges
will want to know a team’s estimated company valuation. I won’t be surprised to see at least a
couple of these companies being presented at a ZINO Society Roundtable Investment meeting
within the next few months. Manandhar, Bhandari, and Ojha are all master’s students majoring in
analytics. All appendices must fall within the 6 page limit; any pages over this limit will not be
posted or otherwise provided to the judges. This prize was awarded to the team with the best
financial technology product or service solution, regardless of overall placement. We're a four-year
university with nationally recognized programs, cutting-edge facilities, and the brightest thinkers.
Curriculum will evolve so all students can thrive, faculty will be supported to the fullest, and there
will be a distinct focus on advancing personal and professional growth, leadership, access, well-
being and equity for the entire campus community. The university is working so hard today to help
students bring research, innovation and ideas to the market place.”. Detailed spreadsheets and
appropriate appendices should follow the text portion of the plan but will be limited to 6 pages.
Yumso is an online marketplace and delivery service provider which connects independent chefs and
hungry customers, and also an incubator that offers supports on marketing, branding, financial and
legal services to help those chefs to achieve success. The “Internet of Things” prize recognizes a
business venture that has incorporated new products or services that contribute to the Internet of
Things (IoT) ecosystem. In addition, Allison Sellers was hired to facilitate the expansion of
entrepreneurial growth at WSU and manage student-facing entrepreneurship programs within CES.
In other words, their idea could eventually make drugs safer for everyone. In addition, a letter will
be sent to their faculty advisor and to the Dean of their School informing them of the team’s failure
to honor their commitment, and of their school’s disqualification for the next two years. The
Washington State University team developed a carbon-based microparticle solution that protects
Honey Bee colonies exposed to harmful pesticides. Many of these teams have members from
schools outside of the state, such as the University of Colorado, UC-Denver, Colorado School of
Mines, the University of Southern California, Carnegie Mellon University, the University of British
Columbia, and the University of Maryland. Each member of the WashU community will have a part
in cementing this success, and I’m excited to get started.”. Teams should upload their video to
youtube, and paste the link into the appropriate field in their application. Judges will evaluate the
teams as real-world entrepreneurs soliciting start-up funds from early stage investors and venture
capital firms. The judges are asked to rank the presentations based on which company they would
most likely invest. 76% of judges surveyed considered investing in a team that presented at the 2016
RBPC or referred a team to a third-party investor. Special consideration will be given to businesses
that capture this value while simultaneously benefiting society and the environment. CfE is open to
students from every college and major throughout the WSU system and provides programming,
activities, resources, and events that help students identify the next right step for their
entrepreneurial journey. Semplice creates an environmentally sustainable sports drink from the dairy
bi-product of the Greek yogurt industry. Feros utilizes freight trailers to seamlessly integrate EV
technologies into the trucking system, transforming the trailer into a value-creation asset that enables
companies to move freight cheaper, faster, and cleaner. After the event, Nelson said “I watched
dozens of new entrepreneurs—some as young as 21—share their ideas.
However, the Rice Alliance for Technology and Entrepreneurship, the organizer of the RBPC, will
make every effort to limit distribution of business plans presented at the competition. Semplice
creates an environmentally sustainable sports drink from the dairy bi-product of the Greek yogurt
industry. Our vision is to give every student a learning experience that is as effective as personalized
one-on-one tutoring. The UW team hopes to disrupt the garden industry with their biodegradable
planter pots made from biomass waste like spent beer grains. Small class sizes mean hands-on
training and individualized attention. I think the high level of entries reflect our positive momentum
in that direction.”. Our innovative approaches in these areas will render our university even more
distinct and contribute to a more vibrant, healthier region and world,” Wendland said. Submit
opportunities Newsletter Testimonials FAQs Contact Us Webmail Contact us. Danforth St. Louis
Confluence Awards, which are designed to elevate WashU’s investment in the St. We reserve the
right to remove any inappropriate comments. The 16 highest-scoring teams will be announced at the
reception following the event and advance to the Sweet 16 on Thursday, May 24. All presentations
are open to the general public, and some presentations may be videotaped. It allows customers to
easily identify, filter, and book public spaces and allows public institutions to better serve their
communities. We want to be a university where every student with an interest in starting a venture,
or being a part of something entrepreneurial, has an opportunity to pursue that during their time at
WSU. Five prize winners and competitors from both the 2018 Hollomon Health Innovation
Challenge and the 2018 Alaska Airlines Environmental Innovation Challenge will also compete.
Members include Libing Zhang, a recent doctoral alumna, and Manuel Seubert and Taylor Pate, who
are master’s in business administration students. Louis has unveiled its strategic plan, setting a bold
and ambitious path for the next decade. Louis, as a global hub for transformative solutions. Please
include what you were doing when this page came up and the Cloudflare Ray ID found at the
bottom of this page. However, teams should expect to be asked about these terms and should be
prepared to answer these questions in some fashion (if this information is not already provided in the
written plan.) It is up to the team to assess the BEST way to address this question; however, past
experience indicates that some judges will want to know a team’s estimated company valuation. Get
all Chamber news or select only the topics you want to stay updated on. All teams will receive
feedback from the Review and Selection Board on their presentation. More than 200 judges screened
the 82 submissions in 2018 and chose 36 teams to advance to the Investment Round, where the Big
Picture and Big Idea prizes were selected. Jones Foundation second place prize at the 2018 Alaska
Airlines Environmental Innovation Challenge (EIC). I attribute this to our successful efforts at WSU
to raise the profile of entrepreneurship. The process could potentially reduce the carbon emissions for
commercial airlines. We help your company’s culture eat strategy for breakfast. FinTech is an
emerging financial service sector that provides financial solutions through software applications and
modern technology. We want you to take this journey with us during the next decade at WashU,
because the actions we take now will shape our university for generations to come.”. More than 180
corporate and private sponsors support the business plan competition.