Global Category at Business Plan Competition
The Brigham Young University Business Plan Competition (BPC) fosters and promotes business growth at the university level. The mission of the BPC is to provide opportunities, incentives, and resources for students to organize and direct the creation of successful business plans. The Whitmore Global Management Center strives to help students who are interested in international business. Due to the importance of international business to the U.S. and global economy and the emphasis being placed on global management in the Marriott School, the Whitmore Global Management Center is proud to sponsor a separate global category within BYU's Business Plan Competition. The Global Management Center awards cash prizes to the top two international business venture proposals.
Idea Pitch Submission deadline is 5 november 2009.
FINAL Submission Deadline is 16 February 2010.
How do I Enter the Competition?
The global category is a part of BYU’s Business Plan Competition. You follow the policies and procedures outlined in the BPC 2010 Information Packet. You will need to submit an additional five copies of your business plan to the Global Management Center (360 TNRB) by 2 p.m. on Tuesday, 16 February 2010 to qualify. Please label your business plan as “Global.”
For detailed information about the Business Plan Competition and all policies and procedures please visit bpc.byu.edu or visit 470 TNRB.
Can I Enter the Global Category Along with the Regular Competition?
Yes. We strongly encourage you to enter both the global category and the general category. You will need to turn in four copies of your business plan to 470 TNRB and five copies to 360 TNRB.
What do I need to know to compete in the global category?
For the purposes of the competition, international business is defined as all commercial transactions that take place between two or more countries. Given that we are concentrating on start-up ventures, it is likely that a valid project would involve the development of a new product or service that will be exported to another country or countries. It could also involve the introduction of an existing product to a foreign market or markets. The key is that the international component must be significant so that the team has to deal with cultural, legal-political, and economic environments as they attempt to successfully introduce their product or service.
Judging Criteria and Process
Evaluating Global
What can I expect if I progress to the finals?
The first-place winner will receive $5,000 and the second-place winner will receive $2,000 from the Global Management Center to help fund implementing their business plan. These awards will be given at the awards presentation on Friday, 2 April 2010 at 2 p.m. in the JSB Auditorium. For all other questions or additional information please email gmc@byu.eduor visit 360 TNRB.
