BUSINESS PLAN COMPETITION

  • ABOUT OUR COMPETITION

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    Mont Rose College is organizing a Business Plan competition to encourage success and innovation. The current MRC students are invited to apply with their business proposal. Your final business plan should demonstrate the desire to make your business vision become a reality. It must also show potential for success and innovation.

    You would be able to take benefit of college resources and support and gain new skills required in developing a comprehensive business plan.

    The Judges

    Our judges are made up of a panel of entrepreneurs, business development experts, and government officials from within and outside the college.

    The judges will consider the following:

    • The originality of the business idea and the vision.
    • Market analysis.
    • Analysis of the competition.
    • The operational, delivery and management plans.
    • The projected financials.

    Enter in one of two categories

    • Individual application.
    • Team Application (maximum of 4 members).
  • APPLICATION PROCESS

    Application Process:

    • Submission of application including your Business Proposal.
    • Screening of proposals and shortlisting for interviews.
    • Interviews.
    • Teams/ Individuals selected.
    • Selected teams/individuals informed and invited.

    Deadline to submit completed Application form + Business Proposal is 25th September 2017
    You can send application on – competition@mrcollege.ac.uk

  • PRIZE AND AWARDS

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  • RESOURCES AND SUPPORT

    Create your plan around a business idea that you really want to
    implement.
    Use our workshops and mentoring advice to guide your ideas and gain new skills.

    Mentors

    • Mr.D Sharma
    • Mr.Y Fansi
    • Mr.G Malik
  • SCHEDULE

    DATE   DESCRIPTION
    12 July 2017 / 24 July 2017 Event planning and process design
    25 July 2017 Finalisation of advertising material
    27 July 2017 Webpage going live
    28 July 2017 / 25 Sep 2017 Receiving applications from candidates
    26 Sept 2017 / 20 Oct 2017 Screening of applications and shortlisted candidates contacted for interview
    23 Oct 2017 / 27 Oct 2017 Interview stage
    31 Oct 2017 Finalists selected and informed
    1 Nov 2017 Assignment of mentors to finalists
    2 Nov 2017 / 20 Oct 2017 Preparation of business plans and presentations with the support of mentors Typical activities will include:
    - Meetings with mentors
    - Group workshops (essentials of business plans)
    - Primary and secondary market research
    - Competitors’ analysis and visits to competitors’ premises
    - Focus Group Discussions with potential clients/ customers
    - Group workshops (essentials of presentations)
    27 Nov 2017 Submission of final business plan and PowerPoint presentations for Quality Control
    04 Dec 2017 Rehearsal sessions
    07 Dec 2017 Final pitches to panel
    08 Dec 2017 Panel meeting to elect winning team/ individual
    12 Dec 2017 Winner declared and award presented +Certificates of participation presented to other teams/ individuals
  • CONTACT US

    For more details, contact Salma at: Tel – 0208 566 5009 (ext. 1001)
    Email: competition@mrcollege.ac.uk