BUSINESS PLAN COMPETITION
WHAT IS THE BUSINESS PLAN COMPETITION ABOUT?
You have an idea, a product or service that will set the world on fire. Yet even with a great idea, entrepreneurs need to have a well-developed business description, marketing research, defined strategy and a thorough financial framework. Imagine you're on Shark Tank - how will you get the attention of the judges? You need more than an idea...
you need a solid business plan.
Project ECHO’s High School Entrepreneurs’ Business Plan Competition simulates the real-world process of entrepreneurs soliciting start-up funds from investors. On competition day, teams present their start-ups to a panel of judges who will collectively evaluate the quality of the written business plans, along with the presentations.
Cash start-up funds (that can be applied toward college) are awarded to the top three teams in each competition category. This year, the categories are Products, Services, and Social Enterprise. Remember, in every competition, not everyone can win, but as every successful entrepreneur knows, failure is an inevitable part of the road to success. This competition aims to not only crown the winners but to also help build a generation of successful business and community leaders who are willing to take risks.
HOW TO ENROLL IN THE COMPETITION
Students enrolled in Launching ECHO through Project ECHO's Silicon Beach After School Program, through a high school club, or if they're participating in a class at their school, are most likely enrolled in the competition. Students that are not part of a Project ECHO program may still enroll in the competition.
Every business team is required to submit a full written business plan, prepare a slide deck, and be ready to pitch on competition day. Rules are provided to teachers and/or students upon registration.
Individual students/teams that are interested in enrolling in the competition, or folks looking for more information can send an email to our Program Director.
The 2021 Business Plan Competition was Awesome!
The 2021 Virtual Business Plan Competition was a Huge Success!
Project ECHO was proud to host its 2021 Business Plan Competition virtually. More than 200 teens from 35 different high schools formed 35 business teams that participated in this year's on-line competition. 55 judges helped read and evaluate written business plans, while 25 judges participated in the live event. The competition was fierce, the scoring close and at the end of the day 11 teams walked away with cash start-up funds in varying amounts from $2,000 to $250.