The application period is now open for the 2016 Undergraduate Business Plan Competition at the University of Tennessee, Knoxville, an annual event that awards cash prizes to promising student startups. The competition is sponsored by the Anderson Center for Entrepreneurship and Innovation in UT’s Haslam College of Business.
The Undergraduate Business Plan Competition is open to any undergraduate student currently enrolled on the Knoxville campus. First, second and third prizes of $5,000, $3,000 and $2,000, respectively, are awarded in two business categories, growth and lifestyle. It is not required that companies be legally formed to be eligible for this competition.
To apply, a one-page concept statement must be submitted to the Anderson Center no later than midnight Wednesday, March 23. Teams that advance to the presentation round will pitch to a panel of local business professionals Friday, April 1. Interested students should visit http://tiny.utk.edu/UBPC for application guidelines.
Originally launched in 2008, the Undergraduate Business Plan Competition has awarded $150,000 to student entrepreneurs.