Panasci Business Plan Competition
The Whitman Business Plan Contest (formerly known as the Panasci Business Plan Competition) is sponsored by the Falcone Center for Entrepreneurship and made possible by long supporter of the Whitman School of Management, Henry A Panasci. The contest is a campus-wide student competition that allows teams that choose to take part to launch their own venture. Teams taking part in the competition must submit their own work and ideas. The Department of Entrepreneurship and Emerging Enterprises commits to helping students during the process to support and enhance their plans. Prize money comes in different amounts and are awarded to the top three teams in the competition. The first-place team wins the amount of $25,000. The 2nd-place team wins $10,000 and the 3rd-place team wins $5,000. All winners must submit corporate documents and request prize money by December 31. The top three teams are the teams which judges view as having the best potential for growth and attracting outside funding. The Fetner prize is awarded to the business that has the greatest potential for positive impact on society and the natural environment and pays recognition to those runner-ups that exhibit the interconnectedness of economic, environmental, and social considerations. The contest is now reaching its 8th year and has featured a number of successful launches by students.
Read more about this topic: Martin J. Whitman School Of Management
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