Overview
 

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2007 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

2009 Winners

Categories

Rules

Process

Schedule

Judging

Prizes

Committee

Sponsors

Resources

Brochure

Application

Round 2 Applicants

BIZFEST| COMPETITION

Have a GREAT Idea? | Need working capital?

Up to $10,000 in cash and in-kind prizes*

2009 BizPlan Winner and 2008-09 CONTESTANTS


Mega Biz Plan Winner - Jennifer Marrero

2009 MegaBiz Plan Winner MegaBizfest Participants

CATEGORIES

Emerging

A concept or start-up business between 0 - 4 years of operation

Established

A business that has been in operation between 4 and 8 years.

Existing

A business that has been in operation 8 or more years.

Youth

A high school or collegian student that has control of his/her business development.

Submit your plan today and compete for many ways to be highly successful in today’s competitive environment.

BizPlan Registration

RULES

All submissions must meet the eligibility criteria: 18 years or older except for the Youth Category; student or collegiate student must provide ID; Eligibility includes Micro Enterprise Program participant, business located in the City of Wilmington, State of Delaware or the business owner is a City resident and be current on federal, state and local business taxes. Finalist must be prepared to provide a 15-20 minute presentation and must agree to meet and attend educational seminars. In addition, finalists must be present at the Award Presentation Luncheon on Thursday, October 7, 2010.

To open a business is very easy; to keep it open is very difficult. (Chinese Proverb)

PROCESS

The Mega BIZFEST Business Development Competition expects to give out monetary award of working capital and/or up to a value package of $10K for your business. This will be split between 4 categories in the competition - 1) Emerging (up to 4 years in business); 2) Existing Business ( 4 to 8 years in business) and 3) Established Business (8 or more years). Participants will need to identify and determine which category their application falls into, as the organizers will not do this. The entrants in Category #1, Emerging, including those who are writing a plan for concept, must write a business plan that covers what it takes to make their business successful or their concept a reality. Entrants in Category #2, Established Business and Category #3, Existing Business, must write a business plan to address business elements such as markets, operations, barriers, distribution etc. All businesses should include the financial data and other relevant requirements as indicated in the Business Development Competition brochure.

Problems can become opportunities when the right people come together. (Robert Redford)

SCHEDULE

IMPORTANT DATES

Round 1

Deadline July 31, 2010 The EXECUTIVE SUMMARY - Document of NO MORE THAN 2 pages describing your business, (Introduction, Marketing, Operations and Finance). The Executive Summary and completed application must be submitted for Round 2 consideration.

Mega BizComp Application

Round 2

Deadline September 13, 2010 The SUBMISSION - Chosen entrants from Round 1, will be notified by mail and asked to submit no more than 15 pages, including any and all graphics. The Plan must include: · Original Executive Summary; · 2 pages on Marketing, including your competition, pricing and distribution to reach the targeted market · 2 to 3 pages on Operations, including short bio's of management team, and information on your building operations · A Financial section to include a 1-year projected monthly cash flow statement, a 2 year projected annual Income Statement and pro forma Balance Sheet of current assets and liabilities. Existing businesses must also submit their 2009 Income Statement and Balance Sheet. You may include an appendix of, in addition to the plan, sample photos, relevant news articles, letters of support, etc. However, the submitted Plan, including the Executive Summary, must not go over 15 pages. Those selected to proceed will attend a Presentation workshop (Round 2a)

Round 2a

September 22, 2010 PRESENTATION WORKSHOP - Finalist chosen from Round 2, will be notified by mail and will attend a mandatory pre-presentation workshop

Round 3

October 6, 2010 THE PRESENTATION ROUND Finalist chosen from Round 2a, will present their plan to a panel of judges.

Awards

October 7, 2010 THE AWARD CEREMONY Winners chosen will be announced at the Awards Luncheon on October 7, 2010

All finalist will be expected to attend.

Entering a business plan competition may just help you get the publicity you need to find funding and actually get your business started and or running more effectively.

JUDGING

Business submissions will be judged on the basis of your strength of concept, your understanding of the true cost of starting and growing the business, the creative method you use to reach your target-market, and how you utilize technology within your enterprise.

PRIZES

PRIZE packages can consist of the following:

  • Up to $5,000 in cash or prizes

  • Small Business Marketing Development Package from BodyInBlack.com ($600)

  • Advertising & Marketing Package ($1,000)

  • Business Software from Micro Enterprise Program ($500) 

  • Weekend Stay at the DoubleTree Hotel ($250)

  • Rolling Briefcase

  • Business Bootcamp Fitness from GameShape ($350)

  • Business Consulting Services from SBDC of Delaware($500)

  • Retail Space in Wilmington's Incubator - Shoppes at 827 ($3,000)

  • Business Profiled on Mega BizFest Web Site

  • Online Marketing Package from DelawareBlack.com

  • Special Rate Membership in Business Organization

  • NOTE:  Award Package subject to change as sponsors increase

    Compete and set your business apart from the rest. Enter today! Call and request your application (302) 576 2121.

    COMMITTEE

    Mega BIZFEST Committee & Sponsors:

  • AstraZeneca

  • Delaware Economic Development Office (DEDO) 

  • Delaware Small Business Development Network

  • ABC of Delaware

  • Delaware Technical & Community College

  • First State Community Loan Fund

  • Linda F. Tiller Consulting Services

  • Maria D. Cabrera, LA.INC 

  • Minority Business Entreprenurial Council (MBEC)

  • New Majority Summit

  • ProVest Realty

  • Service Corps of Retired Executives (SCORE)

  • Wilmington Economic Development Corporation (WEDCO)

  • YWCA Enterprise Center

  • Vincent M. White Seminars

  • and in participation with the U.S. Small Business Administration,              Delaware District Office

    SPONSORS

  • City of Wilmington

  • WACHOVIA

  • EL SOL DE

  • Micro Loan Program

  • Micro Enterprise Program

  • Shoppes at 827

  • Franne McNeal Consulting Services

  • Minority Business Entrepreneurial Council (MBEC)

  • Fast Signs

    Your success is determined by your desire.

  • RESOURCES

    Support organizations to assist with business plan development

    Mayor's Office of Economic Development 800 N. French Street - 3rd floor Wilmington, De. 19801 (302) 576-2123

    The Small Business Development Center 1318 N. Market Street Wilmington, De. 19801 (302) 571-1555

    Delaware Small Business Administration (SBA) District Office 824 Market Street Wilmington, De. 19801 (302) 573-6382

    First State Community Loan Fund 100 West 10th Street, Suite 1005 Wilmington, De. 19801 (302) 652-6774

    The Service Corps of Retired Executives (SCORE) 1318 N. Market Street Wilmington, De. 19801 (302) 573-6552

    YWCA Business Enterprise Center 233 King Street Wilmington, De. 19801 (302) 658-7161

    BROCHURE/APPLICATION

    Click here for brochure and/or application
    *Prize packages to be divided to winners of each category*

    BizPlan Brochure

    Mega Bizcomp Application

    BizPlan Registration

     

    SEE YOU AT Mega BIZFEST!

    How did others become successful? What did it take? How can you position your business to be highly successful? Join with us as we hear notable entrepreneurs that have built successful enterprises. Hear stories of entrepreneurs who have been there, done that and can tell you their stories of rising to the top. Learn strategies and tidbits in an informal setting that is designed for Q & A format. Find out what it took to get to the top and what it takes to continue to stay at the top. Bring pencil and pad to obtain information on how you to can reach and obtain success.

    Attend this resourceful conference and find many ways to be highly successful in today’s competitive environment.

    Previous BizPlan Winners

    2007
    Val Whiting, C.E.O.
    Game Shape LLC

    2008
    Dana Harper, C.E.O.
    Desserts By Dana

    2009
    Jennifer L. Marrero, C.E.O.,
    Alpha Kids

    2nd Place
    James Stephens, C.E.O.,
    Custom Woodcraft & Design LLC


    Derek Thompson, C.E.O.
    AllStar Weekend Baskeball Tournament


    Barbara Patterson, C.E.O.
    All Around Travels

    3rd Place
    Zaileen Washington, C.E.O.
    N Cafe