Business Idea Challenge
Deadline: March 13, 2017
Are you an entrepreneur with the next great business idea? Are you driven, ambitious, and business savvy? Do you have what it takes to see your vision come to life?
The Greater Reading Chamber of Commerce and Industry is looking for up-and-coming entrepreneurs from local colleges to battle for the best business idea plan. From inception to implementation, you are the company CEO. Everything from market research, to product development, to costs and logistics lies in your hands. Your business idea will be evaluated by a panel of professionals who will select the most original ideas for the top prizes. Innovative ideas are welcome from students of Albright College, Alvernia University, Baker College, Kutztown University, Penn State Berks and Reading Area Community College.
Think you have what it takes?
HOW TO ENTER:
READ THE GUIDELINES.
Click here to download.
Get familiar with contest rules and specific dates to be informed and plan for your submittal.
DOWNLOAD THE TEMPLATES.
Click on the links below to download the essential documents for submittal:
• Financial Submittals:
• Sources & Usage Statement (page 1)
• Cash Flow Projection (page 2)
• Cash Flow Projection Footnotes (page 3)
CREATE YOUR PROPOSAL.
Use all three provided templates as a guideline to map out your strategic business plan. You may want to include additional documents for clarification, such as research, graphs, charts, maps, etc.
SUBMIT YOUR ENTRY.
Finalized proposals must be sent to Gail Landis by 11:59 p.m. on March 13, 2017.
Congratulations to the 2016 Business Idea Challenge winners!
First Place: JMT Bakers Dozen
an upscale café that has gourmet food for both humans and dogs. [Alvernia University: Julian Rodriquez, Matt Osgoodby, and Thomas Rymal]
Second Place: Wet
a water bottling company based around the idea of collecting water from condensation. [Kutztown University: Jeff Krystopa, Alesia Hill, and Miranda Hess]
Third Place: IHOM (International House of Music)
a recording studio for every type of music. [Kutztown University: Matthew Burke and Nicholas Kwisz]