BYU Business Plan Competition Kicks Off

It’s a new school year and that means a new year for the Business Plan Competition.  This year appears to bring a lot of new challenges and a lot of unknowns.  So far, I have no idea who will compete and who seem to be frontrunners leading into the competition.  Last year, we knew about Klymite and Qgia and a few other companies early in the year.  As you know, Klymite went on to  win our competition and place 2nd at Moot Corp (the world championship).  Our 2nd place team, SchoolTipLine also place 5th at Moot Corp.  Without question, last year was the most successful year for the BPC to date.

So, leading into this year, I’m not sure who the frontrunners are, but I look forward to finding out.  We have some new perks this year.  It appears our winner might have the opportunity to ring the bell at the Nasdaq, and we are working on as new partnership with a VC firm that would bring Seed funding to one of our winners each year.  Talk about excititng news.

Being the entrepreneur that I am, I have several ideas that I want to pass along to students looking to enter the competition and start a company, but do not have ideas.  Feel free to get in touch with me if you are looking for ideas or want to join a team.