Skip to main content
Intellect

BYU Center for Entrepreneurship hosts annual Business Plan Competition

Brigham Young University students can learn how to win some of the $100,000 cash and in-kind services the Center for Entrepreneurship will give away during the 13th annual Business Plan Competition at the kickoff meeting Thursday, Oct. 27, at 6 p.m. in 3220 and 3222 Wilkinson Student Center.

This is an opportunity for teams to present new ideas or start-up companies that are less than two years old to investors and venture capitalists.

“The BPC really does two things: helps validate and complete your business idea, and it’s a chance to raise money,” said Joe Atkin, Business Plan Competition director. “Our winner last year raised $2 million in less than a week. When you win or place well in BYU's BPC, investors know your plan is legit.”

Anyone with an interest in entrepreneurship can find out how to get involved in this year’s events at the kickoff meeting. The semifinalists from last year’s competition were a varied group, including students from all across campus. Mechanical engineering, nutrition, computer science, humanities, chemical engineering, business, accounting and entrepreneurship were all represented.

“The Business Plan Competition is not just for business students, it is for everyone,” Atkin said. “If students have a great idea, enter the Business Plan Competition and make it a reality.”

The judging for the competition will be based on how well the business plan understands the market, provides detailed evidence of potential success and is backed by a motivated team.

The BYU Business Plan Competition has a proven track record for discovering talent. The competition has helped jumpstart a number of successful companies including 1-800-Contacts, Open Air Cinema, uSight and Property Solutions, LLC.

The Center for Entrepreneurship and the BPC have helped BYU create one of the best programs in the nation for entrepreneurs. In 2003, “Entrepreneur” magazine listed BYU as one of the top regional programs in the nation. The 2003 BPC winner went on to win Fortune Small Business magazine’s first nationwide business plan competition, beating out more than 50 entrants from 49 of the top 50 business schools in the nation.

Related Articles

data-content-type="article"

Forum: A higher purpose for religious education

January 31, 2023
In Tuesday’s forum, Rabbi Dr. Ari Berman, president of Yeshiva University, described religious education as a potential antidote to America’s pervasive consumerism.
overrideBackgroundColorOrImage= overrideTextColor= overrideTextAlignment= overrideCardHideSection=false overrideCardHideByline=false overrideCardHideDescription=false overridebuttonBgColor= overrideButtonText= overrideTextAlignment=
data-content-type="article"

Women are routinely excluded from exercise research across the country. A new BYU study shows why that’s misguided

January 26, 2023
A new BYU study debunks the assumption that menstrual cycles disqualify women from exercise research. Analyzing women’s exercise performance across their menstrual cycles, researchers found no variability in endurance thresholds or performance: from workout to workout, women’s performance was just as consistent as men’s.
overrideBackgroundColorOrImage= overrideTextColor= overrideTextAlignment= overrideCardHideSection=false overrideCardHideByline=false overrideCardHideDescription=false overridebuttonBgColor= overrideButtonText= overrideTextAlignment=
data-content-type="article"

BYU business study: Key to innovation is fostering intellectual honesty

January 19, 2023
New research published this week from BYU Marriott School of Business professors Jeff Dyer and Taeya Howell finds that innovation can be hampered when organizations prioritize “psychological safety” at the expense of intellectual honesty.


overrideBackgroundColorOrImage= overrideTextColor= overrideTextAlignment= overrideCardHideSection=false overrideCardHideByline=false overrideCardHideDescription=false overridebuttonBgColor= overrideButtonText= overrideTextAlignment=
overrideBackgroundColorOrImage= overrideTextColor= overrideTextAlignment= overrideCardHideSection=false overrideCardHideByline=false overrideCardHideDescription=false overridebuttonBgColor= overrideButtonText=