Application & Eligibility

All teams must complete and submit the intent to compete form. This is due April 16, 2012.

For questions regarding application or eligibility contact Competition Director, Dr. Catherine Pratt at prattca@plu.edu or
(253) 535-7250

Important Deadlines

Submit your Intent to Compete - Extended to April 16, 2012

Submit your Executive Summary by April 16, 2012

April 23, 2012, 12 noon
Written Business Plans Due

GENERAL ELIGIBILITY REQUIREMENTS
Each team must meet the following requirements in order to compete in the 2012
PLU Business Plan Competition:

This is a competition for PLU alumni or current PLU students. At least one member of the venture’s startup management team must be a graduate or current student. Other members are welcome.
Non PLU students and alumni may be members of the venture’s management team and may participate in planning the venture.
The maximum number of competitors on a team is five.
Business Plans can be for both profit and not-for profit ventures.
Previous grand prize winners are not eligible.

The competition is for new, independent ventures in the seed, start-up, or early growth stages. Generally excluded are the following: buy-outs, expansions of existing companies, real estate syndications, tax shelters, franchises, licensing agreements for distribution in a different geographical area, and spin-outs from existing corporations. Ventures with revenues in prior academic years, i.e. before June 1, 2011, are excluded. Ventures that have raised equity capital from sources other than the members of the student team or their friends and families before the current academic year, i.e. before June 1, 2011, are excluded. However, team members may have worked on an idea or new technology in previous academic years or, in the case of the student team members, even prior to entering school. PLU faculty and staff are not eligible to compete.