School of Business

2018 Business Plan Competition

2018 Business Plan Competition Poster

Click here for the competition guidelines and entry form

Competition Information

The Washburn University Business Plan Competition prepares students to start a new business by developing a thorough written business plan for a new product or service.  A business plan is an important step towards starting a new venture, as it allows entrepreneurs to analyze how their company will operate and brings together many areas of the business environment.

By participating in the competition, students will gain experience through:

  • Identifying business opportunities, developing a business model, and writing a formal business plan
  • Performing market research and feasibility analysis using primary and/or secondary data
  • Developing communication and organizational skills
  • Working individually or as part of a team

Student Eligibility

The Competition is open to any Washburn University or Washburn Institute of Technology student registered in the current spring semester of 2018, full or part time, graduate or undergraduate.

Team Composition

 Students may participate as an individual or as a team; a team entry consists of two to five eligible students.

Important Dates

Friday March 30, 2018 – Deadline to enter

Entries must be received by midnight on this date via email.  Entries will include a registration form and Business Plan.  Registration forms can be completed in person in the School of Business office in Henderson building on the Washburn campus, or online at   The business plan must be submitted as a Microsoft Word file. The file should be sent to the attention of Hailey Handy, School of Business office at:  and the heading in the email should read: “Business Plan Competition 2018 Entry.”  An email will be sent back to confirm receipt of your entry.

Friday April 13, 2018 – Winners announced via email.     

Tuesday April 17, 2018 – Presentation of awards to winners during a special luncheon at Washburn University (details to be announced).  All finalists and their guests are invited to the luncheon ceremony to receive their prizes. 


The prizes awarded to the winning individual/team of the competition are as follows:

1st Place = $4,000

2nd Place = $3,000

3rd Place = $2,000

4th Place = $1,000

5th Place = $500


Contact: Dr. David Price, Associate Professor of Marketing

Washburn University School of Business