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- 1. Participating teams must include currently enrolled students at Valparaiso University.
- Teams are encouraged to incorporate members from diverse fields such as business, law, medicine, dentistry, nursing, physical therapy, life sciences, physical sciences, or other related disciplines.
- BPC participants may not join more than one team
- Business Plan
- The proposed business should be fundable
- Proposed businesses must include an element of technology entrepreneurship; featuring a novel, practical and innovative solution, and showing potential for commercialization.
- The proposed business plan must not be in violation of any intellectual property rights
- Teams or team members that have received any form of venture capital financing for their BPC business plan or a likeness thereof may not participate in the competition
- Note that teams with seed financing from non-venture capital sources totaling less than $250,000 may compete
- Any team that receives seed financing from non-venture capital sources totaling more than $250,000 at any time during the competition will be disqualified
- The amount and source of secured capital arrangements should be clearly identified in the team's executive summary
- Competition participants are not to contact BPC judges from any round and judges are not to contact any BPC participants during the course of the Competition.
Note: The Executive Committee ("EC") of the Business Plan Competition ("BPC") reserves the right to update these rules at any time. Every attempt will be made to notify participants of any modification to this document; however it is ultimately the responsibility of BPC participants to stay current with BPC Rules and Regulations.
- High school division (executive summary only): $100 first prize, $50
second prize
- Undergraduate division: $1000 first prize, $500 second prize, $250
third prize.
- Graduate division: $1000 first prize (The graduate division prize
money will be paid out of university funds.)
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