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San Angelo Business Plan Competition

The Annual San Angelo Business Plan Competition is a three-phase business plan competition open to those who want to develop a new business or expand an existing business in San Angelo with cash prizes totaling $70K.

  • Prizes

    Competition officials may award up to a total of $70,000 in Cash Prizes!

    1st Place - $40,000

    2nd Place - $20,000

    3rd Place - $10,000

    In-Kind: In-kind services donated by local businesses will also be awarded and are worth thousands of dollars in total.

    How to Apply

    The competition is made up of three phases. Phase I is the first entry point and consists of a two-page business overview along with the entry form which are due in early August each year.

    1. Review Competition Guidelines
      Review the guidelines to learn about the three different phases of the Business Plan Competition, the requirements at each phase, competition submission deadlines, and resources available to assist you throughout the competition.

    2. Complete the Entry Form & Business Overview Online
      The Entry Form and two-page business overview are required as your initial entry into the business plan competition. Please view the form for additional details and instructions. Please complete the online form and upload your two-page business overview by August 8, 2022, at 5 p.m.

    Please read below for full details on the Competition Overview, Guidelines, and eligibility requirements. 

Misty & Charles Mullin of Cowboy Up Chocolates Misty & Charles Mullin of Cowboy Up Chocolates

2021 Business Plan Competition 

1st Place: Cowboy Up Chocolates
2nd Place: Lonestar Cheeseburger Co.
3rd Place: Medical Arts Pharmacy 

Learn More

For more information, see the Business Plan Competition FAQs.

Competition Coordinators and Judges

The Competition Coordinators are The City of San Angelo Development Corporation (COSADC), ASU Norris-Vincent College of Business (NVCOB), and the ASU Small Business Development Center (SBDC). A Judging Panel will be assembled from a pool of successful entrepreneurs, business leaders, financial professionals, and other economic development supporters in San Angelo. The Competition Coordinators and the Judging Panel are considered the “Competition Officials.” The competition is an opportunity for entrepreneurs to develop viable business plans that will create new ventures or expand existing businesses in San Angelo.


Comments, questions, inquiries about the Annual San Angelo Business Plan Competition? Please fill out our form to be notified about future competition updates and entry deadlines.  

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