TU Business Plan Competition

Screen shot 2011-12-22 at 1.39.05 PMEntrepreneurship is the cornerstone of sustainable economic growth within a community and the best way to minimize the impact of ripples caused by economic fluctuations. Innovation is the driving force of the entrepreneur. Taylor University along with the Innovative Network of Grant County host an annual competition designed to encourage, identify, and assist local entrepreneurs with the most innovative and commercially viable business concepts.

The purposes of the Business Plan Competition are:

  • Encourage area entrepreneurs through cash prizes, planning support, and networking opportunities
  • Increase the awareness level of area investors about community-based innovators
  • Identify local entrepreneurs that might benefit from business incubation services
  • Help local businesses grow thereby impacting the local community job availability and tax base

Business concepts from past winners include software for higher education (www.rgrade.com/), a fully automated truck wash, new prosthetic foot design, training for DSLR camera users (www.indyphotocoach.com), and insurance certification (www.mycoionline.com). This year in addition to the cash prizes, the Grant County Economic Growth Council will offer forgivable loan incentives for companies locating in Grant County resulting in a total prize package valued at $22,000, $13,000 and $8,000 for first, second and third place, respectively.

Please see Competition Specifics for details about the 2012 Taylor University Business Plan Competition.

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