Albers is accredited by AACSB International - The Association to Advance Collegiate Schools of Business. As of July 2014, less than five percent of the world’s business schools and less than one third of U.S. business schools have achieved business accreditation from AACSB.
The Harriet Stephenson Business Plan Competition is the year's main event for Seattle University's Innovation & Entrepreneurship Center (IEC). Prominent early-stage company investors, entrepreneurs and business leaders from the Seattle area will judge the presentations by the final four student teams. Prizes Prior winners have launched actual ventures that have successfully raised more than $4 million in initial capital.
Special thanks to the many individuals who have generously shared their time and energy in this competition, including sponsors, mentors, judges, presenters, staff, and IEC Advisory Board members.
The Business Plan Competition was started in 1998 by Dr. Harriet Stephenson, a Seattle University faculty member since 1967. It is designed to help students and alumni in launching new business ventures, including for-profit businesses, not-for-profit businesses, corporate entrepreneurship, and social enterprise. Participants enhance their Seattle University learning experience, gain feedback on ideas, develop networks, are encouraged to participate in the UW’s northwest invitational business plan competition, and expose their ideas to potential investors.
Grand Prize Winner- Wanderlust: Jonathan Parsay & Alex Walz2nd Place Prize - Skywise: James Fauknor & Richard Farnsworth 3rd Place Prize- Shadow Dog Industries: Tyler Petersheims & Cyrus Fiene3rd Place Prize- Unleash the Brilliance: Timothy O'Reilly, Terrell Dorsey & Amanda WaiteElgin & Elaine Baylor Social Enterprise Award -Thrive Central: Joneil CustodioCommunity Choice Trade Show Award - Suit Up: Andreas Ongkowidjojo, TTsz Yan Li & Zahra RehmatCommunity Choice Finals Award-Unleash the Brilliance: Timothy O'Reilly, Terrell Dorsey & Amanda WaiteSpecial Recognition Award - Servalot/ Thrive Central: Adrian Green,Jay
Vandewark , Joe Bergevin, and Kelly Mooney
Venture Supporters ($50,000 and over)Bill Monkman/Aeries Industries LLCAngel Supporters ($25,000 and over)Herbert B. Jones Foundation Investor Supporters ($10,000 and over)May McCarthy & Don Smith
Bill Prater/ Leriot
Mark GreenChampion Supporters ($5,000 and over)John Meisenbach/MCM
Rob Harris/ PMI
Columbia Tower Club
Chuck Roxin/ Roxin SolutionsFriend Supporters ($2,500 and over)Elgin & Elaine BaylorRon HosogiRobin ShapiroRuth TresselKent JohnsonJim FitzsimmonsAdrian Smith/Ignition PartnersDon LeutholdRandy MassengaleDave Van PattenChuck RoxinAndrew KleinJohn WheelerBill ChandlerColumbia Tower ClubStartUp Supporters ($1,000 and over)Paul and Sharon RameyPaul BialekOther SupportersKurt Wedgwood/IBMMaria O D'Aniello/Celebrity Cake StudioCandy LeePatricia ("Tish") JohnsonRhea WallaceAlan Portugal Eli and Amber Moreno (Surge Tacoma)Emily Marshall CarrionMarie Legaz WhitleyBen DerbyJon Hauser/Mental Health Data SvcsSpecial Thanks to:2014 Coaches and Volunteers
Check out the past winners of the Business Plan Competitions.
Seattle University’s 17th annual Business Plan Competition is designed to help students and alumni in launching new business ventures:
As part of this experience, participants will enhance their Seattle University learning experience, gain feedback on ideas, develop networks, be encouraged to participate in the UW’s northwest invitational business plan competition, and expose their ideas to potential investors.
Yes. The Grand Prize winner will walk away with $10,000! Please see below for all award categories and prizes.
Note: While not expected, please note that cash prizes and prize categories are subject to change and will not be confirmed until winter term 2014.
Any enrolled Seattle University students or Seattle University alumni can participate in the competition (see Rules & Eligibility for details). A team participating in the competition can consist of one or more contestants and can include non-students. However, there must be at least one SU student or alumnus on each team. We encourage all participants to take advantage of all the resources provided, mentors, prep sessions, etc.
There are three major parts to the competition:
Teams must comply with the following criteria to be eligible for the competition. Please read carefully! (NOTE: We have done our best to align our rules with the UW 2014 Business Plan Competition rules so contestants can participate in both competitions with the same material. However, please be aware there may be slight differences. See bottom of page for details).
Note: University of Washington Business Plan Competition may have the additional qualifications:
The Seattle University Business Plan Competition considers all submitted business plans as confidential and treats all team matters accordingly. But, due to the nature of the event, we cannot guarantee complete confidentiality for proprietary matters. Seattle University, The Entrepreneurship Center, the Albers School of Business and Economics, and the organizers of the competition are not responsible for any proprietary information and/or intellectual property included in a submitted business plan.
Ultimately, protection of sensitive materials such as intellectual property, copyright, or patent confidentiality is the sole responsibility of the individual or team participating in the competition. Non-Disclosure Agreements will not be signed by judges, mentors, or any SU staff associated with the business plan competition, so please do not ask.
Monday, February 23, 2015Intent to Enter Due by 12 p.m (NO EXCEPTIONS). The Intent to Enter form is available on the EC website: http://www.seattleu.edu/albers/programs/entrepreneurship
Monday, February 23, 2015Business Model Canvas and Business Plan Summary (2-3 pages) due by 12 p.m (NO EXCEPTIONS). Send to firstname.lastname@example.org. The 2-3 page business plan summary and business model canvas will be your official submission to the Business Plan Competition.
Tuesday, February 24, 2015The Screening Round begins. Business plans will be reviewed by a panel of judges and will determine whether who continues on to the Trade Show/Elevator Pitch Round.
Wednesday, March 4, 2015Announcement of which teams are advancing to the Trade Show/Elevator Pitch Round. Judge's critiques of business plans will be returned electronically by March 6th.
Saturday, March 7, 2015Business Plan Competition MANDATORY Mini Boot camp, on campus from 9 am- Noon.
Friday, April 10, 2015Electronic copy of a one-page business summary due (must be submitted to email@example.com by 12 p.m., NO EXCEPTIONS) See the Business Plan Competition ANGEL page for examples of one-page summaries.
Wednesday, April 15, 2015
Trade Show 11 a.m. - 2 p.m. Campion BallroomThe Trade Show is open to the Seattle University community, friends, family, colleagues, and the public. Set-up can begin at 9:30 am.
Wednesday, April 15, 2015Elevator Pitch Round11 a.m. - 2 p.m. TBD, on campus
Thursday, April 16, 2015Notification to Trade Show/Elevator Pitch Round participants of which teams advance to the Final Round.
TBD (tentative)First round of coaching sessions for teams advancing to the final round. These mandatory sessions are generally two hours per team.
TBD (tentative)Second round of coaching sessions for teams advancing to the final round. These mandatory sessions are generally two hours per team.
Tuesday, May 5, 2015Deadline to submit complete business plan (12-15 pages with up to 5 additional pages for appendix allowed). Submit electronic copy as attachment due to firstname.lastname@example.org by 5pm.
Wednesday, May 13, 2015Final Presentation Day4:00 -7:30pm in Campion Ballroom
As I have worked my way through the process I have learned far more than I expected and worked harder than I ever planned, but I found that the building of a business plan and the working to solve the many business issues that come up as each piece of information became known has been the most rewarding part of the process.
I’m not exaggerating at all when I say this experience was the hardest I have worked during my academic career at Seattle U (both grad and undergrad) but also the most rewarding – This competition forces you (and allows you!) to blend every single class, subject and lesson into one experience.
I want to express how incredibly valuable the business plan competition has been. I feel extremely blessed to have benefited from the mentoring and intense coaching sessions. My plan is stronger, my business is stronger, and the experience has exponentially increased the value of my MBA coursework at Albers