Lora Kolodny has a nice piece on How to Win a Business Plan Competition in last week’s New York Times.
Since their advent in 1984, when the University of Texas at Austin held its first “Moot Corp,” business plan competitions have proliferated within academia and beyond. More than 50 American colleges and universities host them. So do corporations, nonprofits and government economic development offices.
As you know if you’re reading this blog regularly, I’ve been a judge at several of these, including Moot Corp. I try to post about them on this blog, because I think they offer great experience to entrepreneurs.
And Lora does a real good job, in that piece, of summarizing. It’s definitely worth reading.