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Home » Events » Entrepreneurial Bootcamp » August 10-12, 2006 »

Contest
Enter the 2006 Entrepreneurial Business Plan Contest — $5,000 Cash Prize for the Winner

Due to technical difficulties affecting our contest e-mail address, we are extending the contest deadline to August 3. Please submit your business plan while there is still time!

I. Purpose of the competition

Business descriptions will be presented to encourage and give ideas and plant seeds for business opportunity by giving real world examples and experiences.

  • See an idea
  • See a structure
  • See financial scenarios
  • See how the family works together

The purpose of these sessions are to give people business ideas that they are capable of executing.

II. Competitions

A Junior Competition and Adult Competition are both available. The Junior Business Plan Competition for the Budding Entrepreneur Award is only available to those 16 years of age and under (May not turn 17 before August 12th, 2006.)

III. Submission Deadline

The presenter must send in a complete package for evaluation by the deadline of August 3. A hard copy may be mailed to 4719 Blanco Road, San Antonio, TX 78212, Attn: Entrepreneurial Bootcamp Business Plan Competition, or e-mailed to entrepreneurialcontest@visionforum.org.

IV. Application Requirements for both Junior and Adult Competitions.

  1. Use the Business Plan Outline available online and create and submit a business plan for the contest following the outline structure and points. There is a separate outline for both the Junior and Adult Competitions.

  2. Applicant must provide on cover letter and/or email:

    • Name
    • Address
    • Phone number
    • Email address
    • Age
    • Photo of applicant
    • Business name
    • Location
    • Business Type
    • Is this a current or future business?
    • Any lessons learned

  3. Applicants must submit their Business Plan via email, following the exact prescribed format shown in the Business Plan Outline. These must be produced in Microsoft Word.

  4. Send five audiotapes or CDs of the presentation.

V. Judging Applicants

Applications will be judged by a private panel made up from individuals who will be speakers at the Conference.

The Judges will choose from the submissions for the Business Plan Competition that will be included in the conference. The applicant must provide four copies of their entire presentation on audiotape or CD. Presentations may not exceed 15 minutes.

The Judges will review the packages and decide which ones to use. The winners will be determined by majority vote by the Judging panel and announced at the Entrepreneurial Bootcamp. Finalists may be contacted prior to the event and asked to prepare a short 10 minute presentation.

VI. Criteria for Judging

A five-point criteria for judging biblically-sound business plans:

  1. The business must affirm biblical standards. The business plan must acknowledge the authority of God’s Word in design as well as intent.

  2. The business must build progressive freedom for the owners so they can invest that freedom in the shepherding of family, church, and community. Demanding businesses must grow in ways that make owners more free, not less (I Corinthians 7:22-23). The freedom men attain by wise entrepreneurship can then be invested in shepherding others to positions of greater maturity and responsibility.

  3. The business must practically extend Christian culture, acknowledging God’s sovereignty over all (Psalm 24:1). There is nobility in man’s earthly vocational work, but wise stewards will be involved in activity that is eternally profitable as well. Business strategies will not only seek first the kingdom of God (Matthew 6:33), but will measurably advance Christian culture in their application.

  4. The business must have a biblical structure for employee protection and discipling. Employees and their families must benefit from more than wage compensation. No employee duties should stand in the way of progressive sanctification, order, and piety in family and professional development. Rather, employee involvement in a Christ-centered business should offer discipling opportunities that train employees to greater effectiveness to serve as freemen in Christ.

  5. The business must have a good profit maintenance ratio. Christ-honoring businesses will return healthy profits with minimal management demands.

VII. Awards:

The following prizes will be awarded at the Entrepreneurial Bootcamp on the final day of the event:

  • First Place for Adult Competition - $5,000
  • Second Place for Adult Competition - $2,500
  • Third Place for Adult Competition - $1,000
  • Budding Entrepreneur - Captain of Industry Award - $500

Click here to download a PDF version.

Entrepreneurial Bootcamp