Blue Ridge Community and Technical College

2019 BRCTC Business Plan Competition

2019 BRCTC Business Plan Competition

The SpringTech Innovation Lab is a new business incubator that has been created by Blue Ridge Community and Technical College at the Pines Campus in Morgan County. The SpringTech Innovation Lab is designed to provide fully equipped office and small production/lab space for a startup or early stage small businesses. The SpringTech Innovation Lab provides services and support to encourage the growth of new small businesses, including small business counseling, and legal and financial advice. Tenants have access a business class internet connection and shared equipment. A nominal rent will be charged, reducing new business overhead. Use of a conference room and common area space will also be available.

In the spirit of entrepreneurship at Blue Ridge, it has been proposed that a business plan competition be held, with the winner receiving a scholarship to Blue Ridge, with a tentative private match currently under discussion. The winner will also receive six months of free office space in the SpringTech incubator.


TIMELINE FOR APPLICATION

March 15 – April 15, 2019
Submission open for proposals! Five students will be chosen to move forward based on their submissions.

April 30 – May 20, 2019
Deadline for selected students to submit full business plans.

May 21 – June 15, 2019
Interview dates for selected students.

Winner will be announced July 1, 2019!
$2,000 SpringTech Business Plan Competition Scholarship awarded.


BRCTC Scholarship sponsored by CNB Bank and Blue Ridge CTC Foundation.

BRCTC Foundation Logo

 

CNB Bank Logo

 

 

 


For competition questions, contact:
Todd Cimino-Johnson:
tciminoj@blueridgectc.edu

For information about SpringTech Innovation Lab, contact:
Jane Peters:
jpeters942@gmail.com
www.SpringTechLab.com


RESOURCES

Business Model Canvas Explained

Business Model Canvas Outline

Federal Small Business Administration

West Virginia Small Business Development Center

Start a Business in West Virginia Guide

West Virginia Department of Commerce

30 Point Checklist for Your Startup

Sample Marketing Plans

How to Write Your Business Plan

Business Funding Guides


Use this form to outline your business idea.  Each section is limited to 200 words.  The competition will run from March 15 – April 15, 2019 at 11:59pm.

Fields marked with a * are required

Outline of Business Idea


Value Proposition


Customer Segments


Customer Relationships


Channels




Key Resources



Revenue Streams