17th ANNUAL
BUSINESS PLAN
CHALLENGE 2024
sponsored by Libro Credit Union
The Libro Business Plan Challenge gives Fanshawe College entrepreneurs a real-world experience pitching their startups, an opportunity to enhance their business strategy, and a chance to win substantial rewards.
Submit your pitch by February 23rd, and you could be one of the top 10 moving on to the final round to compete for over $4000 in prizing!
Don't miss this chance to propel your startup idea to new heights!
Unleash Your Potential
Whether you've been developing a business plan for class or forging your own path, this is your platform to turn those ideas into something extraordinary.
Make It Happen
Win cash prizes, gain expert feedback, and take a step closer to realizing your business dreams.
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Take a Chance
Seize the opportunity, make your mark, and join us in making the 2024 Libro Business Plan Challenge a defining chapter in your entrepreneurial journey!
Challenge Overview
The Libro Business Plan Challenge invites all current Fanshawe College students to showcase their entrepreneurial prowess by pitching their groundbreaking ideas and business plans to a panel of industry professionals. This collaboration between LEAP Junction, the Lawrence Kinlin School of Business, and Libro Credit Union allows participants to compete for cash prizes that could catapult their business dreams or alleviate student financial demands.
How The Challenge Works:
📹 Part 1: Create and Submit Your Video Pitch
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To help you prepare your pitch we have created the "How to Pitch Workshop" which will be delivered on February 1st at 11:00 am and 1:00 pm in Room F1043 and over Zoom. In this live workshop, we will cover the scoring rubric, the basics of crafting a remarkable pitch and slide deck, and also give you a chance to ask any questions. Register Here for the Workshop
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If you missed the workshop, the recording can be found here.
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All contestants must submit a pre-recorded 5-minute video pitch introducing and detailing their business concept by February 23rd, 2024 at 11:59 pm.
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A distinguished panel of judges will meticulously review all submissions and select 10 finalists by March 1st, 2024, advancing them to the next round.
🎙️ Part 2: The Live Presentation
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The 10 finalists will participate in a live 10-minute business plan presentation before a panel of 3-5 industry professionals on March 26th, 2024.
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To ensure you are well-prepared for a live presentation, coaching sessions will be provided from March 11th to March 22nd, 2024. We have also provided some great resources below to help you build an incredible business plan presentation.
DEADLINE TO SUBMIT YOUR 5-MINUTE PITCH VIDEO IS
FEBRUARY 23TH, 2023 AT 11:59 PM
Not sure if you qualify for this contest or want to learn more? Get in touch with our team here.
Missed the How to Pitch Workshop?
Don't worry we recorded it!
Showcase Your Brilliance
This is your moment to shine! Present your innovative ideas and business plans to a panel of industry professionals. It's not just a competition; it's your chance to spotlight your entrepreneurial prowess.
Pitch Coaching and Mentorship
Receive expert feedback, personalized guidance, and mentoring from successful entrepreneurs, business consultants, Fanshawe College faculty, and corporate leaders.
Includes business plan feedback before the competition, pre-competition pitch practice, and feedback sessions.
Gain Experience and Expand Your Network
Take part in an immersive, real-life educational experience that connects you with other student entrepreneurs from across Fanshawe College.
Use the challenge as a platform to garner awareness and credibility, no matter your placement in the competition.
Prizes and Awards
Are you dreaming of funds to kickstart your business or looking to lighten the load on your student budget? We've got you covered.
Compete for over $4000 in Cash and In-Kind Prizes that could turn your business dreams into reality.
Every finalist leaves with a prize!
$1500
First Place
$750
Third Place
$1000
Second Place
$500
Peoples Choice
Thank you to our sponsors
Pitch Video Requirements
Ready to record your pitch video?
Make sure you follow the requirements below to ensure your submission is eligible.
Your video must follow the Scoring Rubric Format.
All individuals in the video must submit a signed Video/Photography Release Waiver for the submission to be considered.
Your video must be submitted as a YouTube Link or as a .MP4, MPEG, OR AVI file.
Your video presentation must show both you and your visuals (slide deck, videos, pictures, etc.).
Presentations must comply with the Student Code of Conduct
Your video file must be no more than 1GB in size.
Your video must be no more than 5 minutes in length. Any submission over 5 minutes will not be accepted.
Your video must not contain any copyrighted music, photos, or videos without permission or providing credit to the aritst.
Additional Resources
Please use the provided Scoring Rubric and List of Resources as a guide to help you prepare the best pitch video possible.
You can also view the 2024 "How to Pitch Workshop" recording here.
You also have access to some inspiration by checking out our Past Finalist Presentation Videos here.
