PIKEVILLE – Do you have the next big idea for starting a business? Could your startup attract investors? Will you become the region’s newest thought leader and innovator?
Entrepreneurs from across Eastern Kentucky are invited to compete in the fourth University of Pikeville-Coleman College of Business Startup Challenge on Dec. 5.
The Coleman College of Business is looking to inspire and reward innovative ideas and entrepreneurial spirit offering $15,000 in awards, presenting $8,000 to the first place business plan, $4,000 to second place and $3,000 to third place. The Appalachian Business Plan Competition is the largest competition in Eastern Kentucky and the third largest collegiate business plan competition in the state. The event is held in collaboration with the Kentucky Innovation Network.
The competition is open to any resident of Eastern Kentucky. The deadline for business plan submissions is Nov. 27.
The startup challenge is for new, independent proposed ventures in the conceptual, seed or start-up stages. Participants selected for the competition will be required to submit a properly formatted written business plan and formally present plans before a panel of judges. Competition rules, guidelines, a full explanation of eligibility requirements and judging criteria may be found online at http://www.upike.edu/Colleges/CCOB/startup/JudgingCriteria.
“UPIKE is a progressive university constantly seeking and providing opportunity. Our partnership with the Kentucky Innovation Network has enabled us to establish entrepreneurial programs for our students and the community,” said David Snow, D.M., assistant professor of business and director of business competitions at UPIKE and director of the Kentucky Innovation Network Pikeville office. “This is our fourth startup challenge and each one has proven to be more successful than the last. The goal of this event is to celebrate the ingenuity of the people of Eastern Kentucky.”
Questions and business plan submissions should be emailed to email@example.com.
The Dec. 5 event will be held at the Coleman College of Business in the Training-Academy Building on the university’s lower campus.