Competition Timeline
The Business Plan Competition comprises three phases:
- Initial Phase: September 23, 2009 – January 7, 2010
At this point, the HUABC officially opens the competition and declares the rules of participation. Also, participants in the competition are required to turn in an application and provide details of their team members. The details include:- Names of team members
- Majors/disciplines
- Nationalities
- One page statement on interest in Africa
- Idea Refinement
- Feasibility Analysis
- Detailed Research
- Completion/Presentation phase: January 13, 2010 – February 25, 2010
In this phase, all business plans submitted are evaluated by the Howard University Institute for Entrepreneurship, Leadership and Innovation (ELI Institute). On February 25, all pre-selected teams will be called to make a 15 minute presentation to a panel of judges. The judges will consist of individuals from academia, industry, venture capitalist firms, among others. All presentations will be in standard PowerPoint format and will end with the opportunity for questions and answers.