Business Plan Competition

Children's Board of Hillsborough County

Innovative Business Plan Competition

The Children's Board of Hillsborough County, in partnership with the Rotary Club of Tampa, announces the 4th Annual Innovative Business Plan Competition. The competition is designed to encourage and support social entrepreneurial ventures by Hillsborough County non-profit organizations that result in an earned income business strategy.

Eligibility Requirements:

Applicants must be Hillsborough County non-profit organizations serving children and families headquartered or doing substantial related business in Hillsborough County;
The venture may be for a non-profit subsidiary, a for-profit subsidiary or a program of your non-profit organization.
Your organization may submit only one business plan to the competition, even if your parent non-profit organization operates more than one business venture.
Individuals are not eligible to enter the competition.
The Business Plan must be for a new earned income venture or an earned income venture that has been in operation for less than 24 months as of January 1, 2009.

Business plans must be for an earned income venture such as, but not limited to, the following:

Service-related (fee for service)
Product-related (manufacturing and/or sales)
Renting or leasing property

Previous Innovative Business Plan award winners from 2007 & 2008 may not enter the competition.

Awards:

$25,000 – First Place

$15,000 – Second Place

4th Annual Innovative Business Plan Competition Training

Calendar

Sessions	Date	Time	Location
Orientation and Informational Briefing Session	Tuesday June 2, 2009	9:00 AM -11:30 AM	CBHC Board Room
Deadline for Letters of Intent	Must be received by 4:00 PM on Thursday June 11, 2009
Business Plan Training
Session 1: Description of Social Enterprise Venture Industry & Market Analysis	Tuesday June 16, 2009	9:00 AM – Noon	CBHC ELC Meeting Room
Session 2: Marketing Plan Summary Management Plan Summary Operational Plan Summary	Tuesday June 30, 2009	9:00 AM - Noon	CBHC ELC Meeting Room
Session 3: Return on Investment (ROI) Financial Plan Business Goals & Objectives	Tuesday July 14, 2009	9:00 AM – Noon	CBHC ELC Meeting Room
Session 4: Packaging Your Plan Feedback on Business Plan	Tuesday July 28, 2009	9:00 AM – Noon	CBHC ELC Meeting Room
Deadline for Business Plan Submission	Must be received by 4:00 PM on Monday August 10, 2009
Initial Review of Business Plans	Week of 8/10/2009
Presentations by Finalists	Week of 8/24/2009
Social Enterprise Conference & Award Ceremony	Friday Sept. 18, 2009	8:30 AM– Noon	CBHC Board Room

All interested parties are encouraged to participate in a briefing session that will provide an overview of this year’s competition, explain the entry process and provide an opportunity for general questions to be answered. This session will be held on Tuesday, June 2, 2009 from 9:00 AM – 11:30 AM at the Children’s Board. The PowerPoint presentation and a list of the questions and answers generated by the attendees will be posted on our website. To register in advance for this session, please send an email to learn@childrensboard.org

A series of four training sessions will be held to provide participants with information about social enterprise and business plan development. These sessions are not mandatory but are being offered to assist participants who are new to social enterprise and/or want additional training in developing a business plan. Individuals that participate in these sessions will also be offered limited technical assistance with GW Group (Cindy Kane) in the development of your business plan. Copies of winning business plans and rating criteria are available on our website for your review.

Organizations planning to participate in this year’s competition must submit a Letter of Intent to the Children's Board of Hillsborough County by 4:00 PM (CBHC clock) on Thursday, June 11, 2009. The Letter of Intent may be submitted by U.S. Mail or e-mailed to:

The Children's Board of Hillsborough County

c/o Irene D. Hill

1002 E. Palm Avenue

Tampa, Florida 33605

ihill@childrensboard.org

Forms