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GVTA Business Plan Competition

About the Business Plan Competition

In December 1999, the Batelle Memorial Institute's Technology Partnership Practice presented a report on developing a knowledge-based economy in our region. One of the key report recommendations for achieving this objective was the need to promote and strengthen entrepreneurship. Building on current entrepreneurship education initiatives taking place at our local colleges and universities, GVTA leaders have accepted the challenge of developing a Regional Business Plan Competition to promote, recognize and support new and creative knowledge-based business concepts in the region.

Rules

  1. The winning team must start their business in Northeastern Pennsylvania.
  2. The winning team must use the funds/services within one year from the date of winning the event.
  3. Student based: One or more team member must be (i) a student in good standing at a NEPA college/university and (ii) a member of the management team and minimum 10% equity holder.
  4. Business plans must develop products or services that leverage *technical processes, methods or specialized scientific knowledge to create a competitive advantage.
  5. Cash and in-kind awards will be used for start-up expenses.

*Technology = design, development, manufacture or processes using engineering and science-based methods. Examples include IT, Biotechnology, Manufacturing.

Important Dates

Submit business plans to:

Northeastern Pennsylvania Technology Institute
7 South Main Street
Suite 227
Wilkes Barre, PA 18701

Along with your hard copy, please include an electronic version.

If you have a question or comment regarding the Business Plan Competition, or would like to get involved in some way, please contact:

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