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2021 Business Plan Competition

March 26th, 2021

The 2021 CBPP Business Plan Competition inspires and encourages entrepreneurship and economic development. UAA students and aspiring entrepreneurs from the community present their startup ideas, and meet and receive feedback from experienced mentors, investors, and seasoned entrepreneurs who have successfully started and grown businesses.

Categories/Prizes

Grand Prize
$6000.00
Second Place
$3000.00
People's Choice
$1500.00
FF500 Award*
$500.00

Timeline

December 4, 2020
Intent to Compete Form Due by 5:00 P.M. Alaska Time
January 2021
Mentoring Session for Those Who Submit an Intent to Compete Form. Time and Date TBD.
February 8, 2021
Business Plans Due by 5:00 P.M. Alaska Time to hswisniewski@alaska.edu
March 8, 2021
Four Finalists Announced
March 19, 2021
Investor Pitch Seminar for Finalists
March 26, 2021
Perfect Pitch: Final Competition Event

*Sponsored by Alaskan Data Solutions, this award provides a trophy and $500 cash for business start-up seed money and/or distribution among winning team members. Evaluation criteria:

  • Business idea identifies and addresses/solves problem in the market, fills a need/demand
  • Business/service/product is most likely to succeed compared to other teams competing
  • A solid team presentation (no weak links, critical functions shared throughout presentation and during Q & A)
  • Business Plan covers growth and exit strategy
  • A solid “Ask” by presenter on need (dollars, knowledge, introductions, network access) and what investor will receive for potential investment (i.e. for $X amount we are offering 40% of company)