Asbury University and Asbury Theological Seminary student entries for the business plan competition must be submitted via the submission form

Deadlines

Written Plan Submission Deadline

Notification of Selection for Business Presentation

Business Presentation Submission Deadline

Business Plan Presentation 

October 28, 2019
@ 11:55 PM EST

November 4, 2019

November 10, 2019 
@ 11:55 PM EST

 November 15, 2019

All plans should include:
  1. Project name and name of school
  2. Concept Description: What does your company do? What is your overall product or service and what is the current stage of development?
  3. Problem Being Solved: What problem is your venture solving? What are the key benefits of your product or service? How will your product improve efficiency, add convenience, provide a service for your customers? How much value does your product or service provide to customers? Can you save them money or time can it save them?
  4. Target Market and Customers: Who are your potential customers? How will you attract them? Identify the potential market size and expected growth rate. What methods are currently in existence to reach them?
  5. Business Opportunity: How does your venture make money to pay for the services that you offer? How much will it cost to produce your product or service versus how much you think you can sell your product or service? How is your product/service unique from other offerings? What resources will you need to gather to be successful?
  6. Financial Need: How much investment money are you seeking (or how much is necessary)? Are there terms involved? (i.e. debt vs. equity, if equity what is the expected rate of return).
  7. Social Impact/Kingdom Contribution: How will the product or service create a social change that reveals the Kingdom of God?
Note: All business plans must be in .doc, .docx or .pdf format.
Winners of the competition will be expected to attend winners cohort meetings throughout the spring semester where funds will be distributed incrementally and receipts will be required.
Asbury Seminary and Asbury University student entries for the business plan competition can be submitted online before 11:55 PM, October 28, 2019.