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Business Plan Competition FAQ’s

Q: Does the business plan have to be a new venture?

A: The 2016 competition is for new ventures only. Existing businesses that are creating new ventures are also eligible.

Q: What will I be required to do?

A: Three phase competition: Pre-entry (deadline is Feb 2nd, 2016)—Phase I, , which requires a Business Overview submittal, those selected move on to Entry—Phase II, which requires a draft business plan and a $50 entry fee, those selected move on to Finalist—Phase III, which requires a complete business plan and presentation to judging panel for award decisions. *

Q: Does the new business have to be located in San Angelo?

A: Competition is for new ventures to be located in San Angelo or its ETJ*

Q: What constitutes primary jobs*

A: Preference will be given to business plans that create primary jobs. Primary jobs are those created when a business generates 80% of its revenue from outside San Angelo market area.

Q: Who is coordinating the competition?

A: ASU Small Business Development Center, ASU College of Business, & The Business Factory

Q: Will there be assistance provided to me in completing the different phases of the Business Plan Competition?

A: Guidance to complete business overview and business plan is available from ASU Small Business Development Center and from students from the ASU College of Business.

Q: What is awarded to the winner of the competition?

A: Up to $25,000 in cash prizes can be awarded. Also in-kind services provided by local businesses. *

Q: What are the important dates of the competition?

A: View calendar of events here

 

*See full competition guidelines for additional details

  • From left, HR Onboarding: Brent Jameson-1st place, Moontime: Chelsea Waldrop-2nd place, Long*Horn Coffee Co. : Scott and Laurie Deckers-3rd place winners of the 2017 Business Plan Competition.

     

    From left, HR Onboarding- Brent Jameson- 1st place, Moontime-Chelsea Waldrop- 2nd place, and Long*Horn Coffee Co.-Scott and Laurie Deckers- 3rd place

  • For More Information Contact:

    The San Angelo Business Plan Competition 2016 c/o

    The Business Resource Center
    69 N. Chadbourne St.
    San Angelo, TX 76903

    businessplan@cvced.org
    325.653.7197

    See Full 2017 Competition Guidelines
  • 2017 Business Plan Competition Winners

    HR Onboarding Solutions, a local human resources business, has won the San Angelo Business Plan Competition and its top prize of $25,000 in cash.

     Owned and operated by Brent Jameson, HR Onboarding Solutions provides customized systems, including electronic forms that integrate into customers’ software. The service increases efficiencies by eliminating the need for paper forms and manual processes and data entry.

     Jameson, who has 20 years of experience in human resources and technology, was judged to have crafted the best business plan from among the 41 entrepreneurs who entered this year’s contest, which was open to local start-ups and existing businesses wishing to expand. A business plan is a comprehensive document that offers an organized view of a specific business idea. Plans should reflect the vision of a market opportunity and serve as a blueprint for developing the proposed business.

     Moontime, a start-up e-retailer, won the second-place prize of $20,000. Owned and operated by Chelsea Waldrop, Moontime offers teas, oils, ointments, aromatherapies and other natural products that nurture and heal women bodies during monthly cycle. A box of such goods is delivered to customers’ homes through a monthly subscription.

     Third-place winner Longhorn Coffee Co. will use its $15,000 prize to grow its operations. Owners Scott and Laurie Deckers have been roasting coffee for more than 10 years. Started as a hobby, Longhorn Coffee Co. evolved into a cottage business selling to friends and family. Today it markets to wholesalers, retailers and restaurants, including Pinkie’s Liquor Stores, Concho Pearl Icehouse and Market Street.

     The City of San Angelo Development Corp., which administers the half-cent sales tax for economic development, funded the $60,000 in cash prizes. Winners also get in-kind rewards. Winners may be eligible to apply for The Business Factory incubator program.

     Advisers from the Angelo State University Small Business Development Center and students from the ASU College of Business aided entrants in drafting plans. The competition was coordinated by ASU’s SBDC and business college, and The Business Factory.

     

    From left, HR Onboarding: Brent Jameson-1st place, Moontime: Chelsea Waldrop-2nd place, Long*Horn Coffee Co. : Scott and Laurie Deckers-3rd place winners of the 2017 Business Plan Competition.

    From left, HR Onboarding- Brent Jameson- 1st place, Moontime-Chelsea Waldrop- 2nd place, and Long*Horn Coffee Co.-Scott and Laurie Deckers- 3rd place