Rules and Regulations
- Participation
The competition is open to undergraduate and graduate students of Howard University and colleges/universities in the Maryland, Virginia, and D.C. area, with entrepreneurial ambition on the African Continent. This, however, does not limit the participants by nationality. Also, the business plan team must consist of at least 2 participants. Winners from the previous Business Plan Competition may participate only with an entirely new business idea. However, other past participants may participate with the same business idea in a new business plan. Members of the Executive Board members of the HUABC cannot participate in the competition and are not allowed to interact with the participants in matters relating to the competition. - Originality of Business
With the current strains and infringement on intellectual property, please ensure that the business plan being submitted is original or has services unique to the competitive environment. This is to avoid any legal issues that may arise. - Acceptable Business plans
Given the existing structure of our case competition and the nature of business in the African continent, HUABC would only be accepting two forms of business:- New Ventures
- Contract agreements and proposals
- Confidentiality
The Howard University African Business Club is an organization built upon integrity and the utmost respect for the confidentiality of all strategic partners and this is no different for the Business Plan Competition. HUABC will ensure that business plans and concepts are not duplicated or circulated for any other purpose other than Conference use. - Penalties and Disqualification
The ultimate penalty for violation of these rules set down would be disqualification from competition. If at a later period, HUABC becomes aware that a winning team violated rules pertaining to the competition, the team would be required to forfeit its award.
