Why enter a Business Plan Contest? After all, when done properly, writing a business plan can be very time consuming. A panel of judges you have never met will pass judgment on not only your idea for a new product or service, but how well you define the opportunity and explain the market execution.
The development and commercialization of new technology is a very expensive process. Yet, even today nearly 30 years after the inception of the Ben Franklin program, an entrepreneur or small business owner has very few options when it comes to potential money sources.
If equity funding is part of your company’s financing strategy, it’s more than worth the time and effort to learn how to make a good pitch