The primary purpose of the Darden (UVA) Business Plan Competition is to encourage the development of new business ventures by members of the Darden and UVA communities (students, faculty, staff and alumni).
All plans must be submitted no later than April 1, 2012 at 23:59
To be eligible to enter the Darden-UVA Business Plan Competition, each team must include at least one current UVA student (can be undergraduate, graduate, doctoral, or post-doctoral student), faculty, or staff member. UVA alumni and others are welcome to join teams as well, provided one member of the team is currently affiliated with UVA.
Business ventures that have placed in this competition in previous academic years are not eligible to compete.
Ventures are not eligible if they achieved significant operation or received a third party "arms length" transaction.
Concepts based entirely on externally funded research may not compete but new applications of UVA funded research may compete. In order to compete, participants must have legal access to, ownership of, or written permission from the owners of the technology they are presenting.
The Business Plan Competition requires submission of a business plan. This business plan should include:
An executive summary
A clear description of the product or service being offered
A discussion of the market for this product or service
An outline of the business model
An overview of the management team
Optional: Projected financial
Participants should be able to speak to the sales cycle, price point, product distribution, competitive advantages, and barriers to entry.
Students will be judged on concept originiality, value proposition, unique competitive or first mover advantage, feasibility, sustainability and overall presentation.
The body of the business plan should be no more than 15 pages (additional pages for exhibits and appendices are allowed). Be concise.
To read more about the competition and requirements, please click on the "LEARN MORE" button.