What’s Your Big Idea?
Business Plan Competition

2016 Gator Business Plan Competition Schedule of Events

Tuesday, December 15, 2016

Deadline to submit online Intent to Compete Form
All teams must submit the online intent to compete form by 11:59 pm on December 15 to be eligible for the competition. Basic information is required and can be updated as needed.

Friday, January 11, 2017

Spring Registration Deadline to enroll in the Business Plan Lab
All UF students are eligible to enroll in (or just sit in on) ENT 4934/ ENT 6930, the Business Plan Lab. This is a semester-long, two credit course offered at both the undergraduate and graduate level. The respective classes meet every Tuesday during periods 11 – E1. Priority seating will be given to those registered for the course, but the weekly lab is open to all business plan competition participants.
Graduate Business Plan Lab: ENT 6930 / section 091A
Undergraduate Business Plan Lab: ENT 4934 / section 091B

Orientation Meeting & Mixer

Tuesday, January 10, 2017

5:15pm - Business Plan Mixer (optional)
Location: Reitz Union Grand Ball Room
We will host a mixer prior to the Orientation Meeting for students participating in the business plan competition and those looking to join a team. Pizza and drinks will be provided. Be ready to promote your business concept or market yourself to potential new team members. Business concept sheets and resumes are suggested. This Mixer is optional; however, it will be a great way to network with the other teams and to find people who have expertise in areas (marketing, accounting, finance, technical skills) that you may be missing.

Tuesday, January 10, 2017

6:15-8:10pm – Mandatory Orientation Meeting & first Business Plan Lab
Location: Reitz Union Grand Ball Room
At least one member from each team is required to attend the orientation meeting, though it is recommended that all team members attend. The second half of the orientation meeting is also the first class meeting of the Business Plan Lab, where the following topics will be touched upon:

  • The What and Why of a Business Plan
  • Understanding the Logic of the Plan
  • Understanding Your Audience
  • Organizing Your Effort and Your Time
  • Overcoming Flaws in Plans
  • Ideation and Concept Creation
  • Business Concept Selection and Team Formation
  • Writing Up the Business Concept and Ensuring All the Value-Creating Components

* All UF students are eligible to enroll in (or just sit in on) ENT 4934/ ENT 6930, the Business Plan Lab.

Business Plan Labs & Due Dates

Tuesday, January 17, 2017

6:15-8:10pm
Business Plan Lab: Sections I of Plan

  • Assessing the Industry in Which You will Operate: Definition, Size, Structure, Trends and More
Tuesday, January 24, 2017

6:15-8:10pm
Business Plan Lab: Section II of Plan

  • The Company, the Products and Services to be Sold
  • Differentiation; Creating Barriers
Tuesday, January 31, 2017

6:15-8:10pm
Business Plan Lab: Section III of Plan

  • A Look at Your Market: Market Definition and Putting Numbers on Market Size and Potential
Tuesday, February 7, 2017

6:15-8:10pm
Business Plan Lab: More on Section III of Plan

  • More on the Market: How Your Buyers Buy and How to Segment Them and Prioritize Target Audiences
  • How to Analyze Competitors and Establish Competitive Positioning
Tuesday, February 7, 2017

Due by 5:00pm: 2-3 page simple business model
This overview of your proposed venture should be submitted by 5:00pm either in person at the Entrepreneurship & Innovation Center, 133 Bryan Hall, or through email (BigIdeaCompetition at warrington.ufl.edu).

Tuesday, February 14, 2017

6:15-8:10pm
Business Plan Lab: Section IV of Plan

  • The Economics of the Business: Determining the Cost Structure, Estimating Break-even, and Evaluating Operating Leverage
Tuesday, February 21, 2017

6:15-8:10pm
Business Plan Lab: Section V of Plan

  • The Creative (and Guerrilla) Marketing Plan
  • Promotional Mixes, Pricing and Distribution
Tuesday, February 28, 2017

6:15-8:10pm
Business Plan Lab: Section VI of Plan

  • How to Write Up Design & Development
  • What to Cover on Technology and Intellectual Property
  • How to Deal with Intellectual Property
Tuesday, March 7, 2017

Spring Break - No Class

Tuesday, March 14, 2017

6:15-8:10pm
Business Plan Lab: Section VII of Plan

  • Operations, Production and Service Delivery, and Logistics
Tuesday, March 21, 2017

6:15-8:10pm
Business Plan Lab: Section XI of Plan and Special Workshop

  • Setting Up the Pro Forma Financial Statements: Cash Flow, Income Statement, Balance Sheet
  • One on One Help with the Financial Statements for Your Venture with Experts
Friday, March 24, 2017

Due by 12:00pm: Initial draft of business plan
Two hard copies of the Business Plan must be submitted to the Entrepreneurship & Innovation Center, 133 Bryan Hall, by 5:00pm, as well as an electronic version emailed (BigIdeaCompetition at warrington.ufl.edu). Be sure to include the Initial Draft Submission Cover Page with both your digital and hard copies.

A note to distance education students:
Even though you are not located in Gainesville, we still require two hard copies be mailed to CEI in addition to submitting the electronic version. Please send two copies of your draft plan to the address listed below. The package must be postmarked on or before Friday, March 24th and we must receive the package by Wednesday, March 29th.

CEI Mailing Address:

University of Florida
Entrepreneurship & Innovation Center
ATTN: BIG IDEA
1405 W University Avenue
Room 219
Gainesville, FL 32611

Week of March 27, 2017

Individual meetings with teams to provide feedback on initial drafts.

Tuesday, March 28, 2017

6:15-8:10pm
Business Plan Lab: Section XI

  • More on Your Financial Statements
  • One-on-one help session for individual teams putting together their financial statements
Tuesday, April 4, 2017

6:15-8:10pm
Business Plan Lab: Section VIII, IX, and X

  • The Management Team, Boards, and Advisors
  • Human Resource Management
  • What to Say about Risks and Contingencies
  • Putting Together the Master Timetable
Thursday, April 6, 2017

Due by 12:00pm: Final draft of business plan
Two hard copies of the final Business Plan must be submitted to in the Entrepreneurship & Innovation Center, 133 Bryan Hall, by 12:00pm, as well as an electronic version emailed (BigIdeaCompetition at warrington.ufl.edu). There will be absolutely no exceptions or extensions to this deadline. Be sure to include the Final Draft Submission Cover Page with both your digital and hard copies.

A note to distance education students:
Even though you are not located in Gainesville, we still require two hard copies be mailed to CEI in addition to submitting the electronic version. Please send two hard copies of your draft plan to the address listed below. The package must be received on or before Friday, April 7th, which may require you to send overnight delivery on Thursday. This can be expensive, so please plan accordingly to ship sooner. We realize you may need to complete your plan earlier than the local contestants, but we think the potential of a $25,000 first place prize is worth the extra effort!

CEI Mailing Address:

University of Florida
Entrepreneurship & Innovation Center
ATTN: BIG IDEA
1405 W University Avenue
Room 219
Gainesville, FL 32611

Monday, April 10, 2017

Top 16 Semi-Finalists Announced
The 16 teams selected for the semi-final round will be notified by 5:00 p.m.

Tuesday, April 11, 2017

6:15-8:10pm
Business Plan Lab: Section XII

  • Figuring Out How Much Money You Need
  • The Deal or Offering
  • Writing the Executive Summary
  • Tying Up the Loose Ends and Putting It All Together
Friday, April 14, 2017

Semi-Finalist Revised Business Plans Due by Noon
Six hard copies of the revised final business plan must be submitted to the Entrepreneurship & Innovation Center, 133 Bryan Hall, by noon, as well as an electronic version emailed (BigIdeaCompetition at warrington.ufl.edu). There will be absolutely no exceptions or extensions to this deadline.

Tuesday, April 18, 2017

6:15-8:10pm
Business Plan Lab: Business Plan Final Review

  • Tips for Presenting a Business Plan to Investors and Judges

Semi-Finals and Finals

Thursday, April 20, 2017

Semi-Finals: Top Sixteen Teams Present
Sixteen semi-finalists will present to judges between 12pm – 5pm. A reception for all teams participating in the competition will follow to announce the Final Four, who will present again the following day. (Times are tentative.)

Friday, April 21, 2017

Finals: Top Four Teams Present
The top four teams will present to judges between 2:00pm – 5:00pm. A celebratory awards banquet will follow to announce the winners. Successful high profile venture capitalists and entrepreneurs will judge the semifinals and finals. Please refer to the Overview and Judging section for competition guidelines. (Times are tentative.)

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College Info

Warrington College of Business
BRY 100
PO Box 117150
Gainesville, FL 32611-7150
Phone: 352.392.2397
Fax: 352.392.2086

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