Sponsored by:
NASDAQ; BeaconVentureCapital; Monument Advisors;
Ernst & Young, LLP;and Venture Club of Indiana

The Enterprise Creation Competition gives undergraduate students the opportunity to develop business ventures that demonstrate the ability to be successfully launched. New ventures for the purpose of this competition may be start-up companies, buyouts, expansions of existing companies, or site-specific franchises.

Student teams are encouraged to create and present a plan that clearly illustrates creativity and potential for success. Newly created enterprises rely as much on the presentations of the concept as they do on the detailed business plan and financial projections.

All entries will be evaluated, based on the written plan, by a preliminary judging panel provided by Ernst & Young, LLP. Nine finalists will be selected and invited to compete at Miami University. Enterprises will then be evaluated on both the written plan and the oral presentation. Plans will be returned to all teams with comments and feedback from judges.

Institutions:

• One team per college or university is eligible.
  
• All entries must be prepared under faculty supervision.
  

All judges will be selected by an independent third party. Ernst & Young, LLP will provide preliminary judges and will select a panel of nationally recognized Entrepreneur of the Year recipients for the final rounds of competition. Final judging will be based on the following criteria:

• Thoroughness of business plan (based on Judges Assessment Instrument)
  
• Creativity of the new venture idea
  
• Presentation of the written and oral plan
  
• Financial viability