Young Entrepreneurs Business Plan Contest

 

If you are a young entrepreneur (13-21 years old) bring your business plan for entry in the contest. You will have the opportunity to have your plan analyzed and critiqued by several successful Christian businessmen.  This is a wonderful occasion to grow in knowledge and experience. The owner of the winning plan will be announced at the final Mini Camp session on Thursday afternoon. A feature article on the winning business and it’s owner will appear in the 3rd quarter 2008 issue of Update Magazine. 

 

Entries should include a minimum of:

 

Your name and a brief biography of your experience or qualifications

The name of your business enterprise

A concise description of the product/service offered

The Mission or Vision Statement for your business

A Statement of Purpose- Why did you begin this enterprise?

A synopsis of your exploration process- How did you decide on this particular product/service?

A summary of your 1, 3 and 5 year goals for your business

How is your family involved in your business?

Capital and Operating Budget for the next 2 years

Sources and Uses of Funds- How did you (do you) plan to raise the capital for your business to see it through start up and 2 years of operation?

Summary of your marketing plan- branding, logo, customer prospecting and retention

What are your plans for the profits from your business?

What lessons has God taught you from the process of starting and running your business?

What mistakes have you made and how will you/did you correct them?

Who counsels you about your business?

 

Entries may be prepared in paper or electronic format and are to be submitted on or before June 7, 2008. Entries will be displayed and available for review in The Plaza on Thursday and in the Young Entrepreneurs area of the Exhibit Hall on Friday and Saturday.  Please make arrangements to take your business plan home with you at the end of the conference.

Submission mailing address for hard copies:

Mr. Steve Vaughan

Youth Vendors

4999 South Dillon Street

Aurora, CO 80015

 

Please direct other questions to Steve Vaughan at checyouthvendor@gmail.com

 
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