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2024 Business Plan Competition Phase 1 - Entry Form & Business Overview Application

Please read the information below and complete the steps outlined to submit your entry for the 2024 San Angelo Business Plan Competition. 

By entering and being accepted into the Competition and submitting the required Business Overview application of The San Angelo Business Plan Competition (the “Competition”), each contestant/owner executing this release form agrees to all of the following terms and conditions. If you advance to Phase II of the competition, an Entry Fee of $50 payable to: COSADC, is required and is nonrefundable. Payment of entry fees does not guarantee an award in the competition.

Originality

The statements, information, ideas and concepts set forth in the submitted documents are to be the original work of the contestants. By submission of this Entry Form, contestants individually warrant that their contest submissions are not subject to the intellectual property interest of any other person or entity, and that the contestant is under no agreement or subject to any restriction that prohibits or restricts the contestant’s authority to disclose or submit such statements, information, ideas or concepts to the Competition Officials for purposes of the Competition.

Compliance with Guidelines of the Competition

By signing below, each contestant named below certifies that he/she has read the competition guidelines, and that the team or individual represented by this entry agrees to abide by the guidelines and the decisions of the Judging Panel and Competition Coordinators. The Judging Panel and Competition Coordinators (Competition Officials) reserve the right, in their sole discretion, to disqualify any entry that violates the competition guidelines or does not meet the minimum measures of quality, viability, or feasibility set by the Judging Panel or Competition Coordinators.

View a sample of the award agreement that is required by COSADC to obtain funds if awarded one of the prizes.  

After submitting your application information below you will be prompted to complete the San Angelo Business Plan Competition Release Forms. Your application is not considered complete until both the application below and the release forms have been submitted.

Submit your release form


For assistance preparing your business overview please visit with an SBDC advisor. To set an appointment complete the online advising request for confidential, no-cost advising services.

All fields marked with an asterisk (*) are required.

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Business Owner and Primary Contact Info

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Please provide your businesses physical address. If you have a home office, or provide services throughout the San Angelo area, please provide your personal address.
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Additional Business Owners (if any)

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Business Overview Application

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Please type in your responses below to address the following key elements of the Business Overview. Please limit your responses to 200 words per section.

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Include the business structure, location, current goods, and services provided.
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Describe your expansion plans in detail and how this will satisfy the market need.
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Explain the need/problem in the market that your proposed expansion will solve. Describe your competitors, target customers and market areas to be served. Briefly describe your sales strategy and identify your competition.
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Describe the ownership and management of the business.
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Describe the positive economic impact that will result from this expansion. See the definition of economic development on page three of the competition guidelines for additional detail.
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Describe the use and amount of funds needed to expand the business. Clearly outline how any funds if awarded would be used in this expansion and how your business will benefit financially from the growth.
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(50 MB max)