Business Plan Contest

Business Plan Contest

 

Sponsored by M&T Bank and the FCC Foundation, the Eighth Annual FCC Business Plan Contest is open to any current FCC student enrolled in one or more credit or non-credit classes during the 2020-2021 Academic Year. Interested students with a business idea will develop a complete business plan to be evaluated by a panel of local business leaders.

Written business plans are scored by the panel of judges based on established criteria.The students with the three highest scoring plans shall be invited to provide oral presentations to the same panel of judges. Similar to the popular television show, “Shark Tank,” the final oral presentations should be formatted as an “elevator speech” or “pitch” for the business idea.

The panel of judges will score the oral presentations and scholarship prizes will be awarded to the 1st, 2nd and 3rd highest combined scores from the written plans and oral presentations. Scholarship prizes may be used at FCC or a transfer college, and are not transferable to other persons.

Special thanks to M&T Bank for generously providing the following scholarship prizes through the FCC Foundation, Inc.:

 
  • First place is a $2,500 scholarship
  • Second place is a $1,500 scholarship
  • Third place is a $1,000 scholarship
 

Students who wish to enter the contest must submit an Intention to Compete Application Form by Friday, March 26, 2021, before 11:59PM.

The final written business plan must be submitted by Friday, April 16, 2021, before 11:59PM. Early submission of the written business plan is encouraged; students must use the submission link below.  Please refer to Contest Rules, Instructions, and Examples in the links provided below.

The top three finalists will be notified via email by Friday, April 23, 2021.

The final presentations will be held on Wednesday, April 28, 2021, 1:00 – 2:30PM via Zoom or alternate online option. All finalists will be consulted in advance to ensure access to technology.


Interested in finding out more?

Students are encouraged to contact the following FCC Professors for advice or if they have questions regarding their business plans: Larry Devan, Rick Dillon, Norman EndlichTom Mazerski. Participating students must also familiarize themselves with the following documents:

Business Plan Contest Rules

Business Plan Contest Instructions

Financial Plan

Financial Plan Example

Intention to Compete Application Form

FCC Written Business Plan Submission Page



2021 Contest Committee Members:  
Larry Devan
Charles “Rick” Dillon
Norman Endlich
Thomas Mazerski
Doree Lynn Miles
Karen A. Wilson

 

Special thanks to M&T Bank for generously providing the scholarship prizes through the FCC Foundation, Inc.

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