• 61°

Big Idea Business Plan Competition starts today

Would-be entrepreneurs in Rowan County have a chance to vie for cash prizes in the Big Idea Business Plan Competition that begins today and runs through March 21.  The competition is sponsored by Catawba College’s Ketner School of Business as a way to promote entrepreneurship and an understating of the business planning process for Rowan County residents.
The competition invites participation in one of three categories:
• high school
• college
• adult,
Each division competes for a $1,000 first place prize, a $500 second place prize and a $250 third place prize.
There is no registration fee and competitors may register online at www.catawba.edu/bigidea. 
Participants will be asked to submit a broad summary of their business concept online.  The top three competitors in each division will be assigned a mentor(s) who will help guide and refine their business plan development.  A completed Business Model Canvas, along with a two-to-three minute video pitching the business idea, will be submitted to the judges for final review and ranking.
Dr. Pam Thompson, KSOB interim dean, said she sees this year’s competition as “the first annual.”
“Eric Page’s visit to Rowan County that was sponsored by the Chamber of Commerce added rocket fuel to our competition,” Thompson said of the Big Idea Business Plan Competition.  “After his visit, we were able to introduce our idea to a group of influential people who support it.  Our goal is to educate students and adults about the benefits of entrepreneurship and starting a small business.
“We want to sow the seeds of entrepreneurship for the future Ralph Ketners in our county,” she concluded, noting that a generous grant from Mr. Ketner made possible both the competition and the $1,750 per division prizes.
Dr. Phillip Frank, a visiting professor of marketing in the Ketner School of Business and co-chair of the competition with Thompson, explained the mentoring aspect of the competition makes it unique.  “It is in line with Catawba’s core values and our mission of providing an education rich in personal attention.
“We designed the competition to be supportive to anyone interested in beginning a business.  We have mentors and judges representing leaders and activists from top business, government, educational and non-profit firms in the area who will help and encourage participates in their business pursuits.  Rowan County is rich in innovativeness and character, and we hope that these types of events will serve to stimulate these ideas into actions.”
Winners in the Big Idea Business Plan Competition will be announced at an  awards ceremony slated at 6 p.m. April 30 in Tom Smith Auditorium of Ketner Hall on Catawba College’s campus.

Comments

Comments closed.

Kannapolis

Cannon Mills’ whistle sounds again, brings nostalgia with it

Coronavirus

UPDATED: Outbreak at jail annex over; new cases emerge at Kannapolis facility

Elections

In Senate race, Tillis calibrates ties to Trump

News

5 Charlotte officers recommended for dismissal after death in custody

Elections

Trump, Biden hit unlikely battleground state of Minnesota

College

Maui Invitational moving to Asheville during pandemic

News

Supreme Court Justice Ruth Bader Ginsburg dies at 87

Crime

Blotter: Sept. 19

Coronavirus

Kannapolis brewery linked to eight COVID-19 positives

Elections

Local Democrats call to ‘turn the state blue’ during virtual office reopening

Education

Funding flat, enrollment down slightly for Rowan-Salisbury Schools

Education

Catawba gets high marks in U.S. News and World rankings for fifth year

Business

China Grove soap store sets sights on expansion into Kannapolis

News

Charlotte, UNC game canceled after 49ers place players in quarantine

Crime

Blotter: Sept. 18

Coronavirus

County sees ninth COVID-19 death this week, more than 30 cases reported

BREAKING NEWS

Gov. Cooper announces schools can move K-5 to plan A; school board vote needed locally

Local

Wet weather brings crashes, traffic to standstill on interstate

Crime

Salisbury man victim of Facebook scam, duped out of $2,000

Crime

Two charged after fight outside Salisbury home

Education

Rowan-Salisbury Schools ships out thousands of old devices for refurbishing

Education

Caught in the infodemic: NC school policies frustrated by scientific challenges

East Spencer

East Spencer to hold community day, provide free food, supplies

Education

Shoutouts