Business plan or business idea competitions can be a fun and competitive way for startups, both inside and outside the academic setting, to gain recognition, pitch practice, valuable connections and of course, seed money. Business plan competitions can range in size, industry focus, frequency/time of year, and prize money. It is important to read all of the competition’s specific rules and regulations before applying. The following lists are organized based on statewide (Texas) business plan competitions and national business plan competition links and databases.
Formerly known as the “Business Idea Competition”, the BIC is UT Dallas’ largest startup competition. Open to undergraduate and graduate students from all disciplines, the BIC gives student entrepreneurs the opportunity to develop and present their business ideas whole competition for cash and scholarship prizes.
The Baylor New Venture Competition on-campus event is a two-day business plan competition and elevator pitch competition promoting student entrepreneurship. The competition showcases student created, managed, and owned ventures. Competitors from accredited universities across the globe receive expert feedback, coaching, and a prize package of cash and crucial in-kind business support services, to launch and grow their ventures.
The Texas Business Plan Competition, hosted by the Herb Kelleher Center for Entrepreneurship, Growth, and Renewal at the University of Texas at Austin is the premier statewide business plan competition for undergraduate students. This annual event awards over $22K in prizes to aspiring students from around the State of Texas to encourage and facilitate the development of successful entrepreneurs.