Each team must submit a full business plan, which will be the basis of a significant portion of how the teams are judged. The template at the following website is the guideline to be used for the business plans.
The template generates a business plan, and the teamís task is to complete each section of the template. Each section provides questions that guide what are to be included in that section. (One tip: prepare a draft of each section in Word, and after completing your research and editing, copy the material into the template.) Since the Challenge focuses on early-stage business opportunities, the section on Financial Management is not required.
The Small Business Administration template will be discussed at the information sessions and mentors can help answer questions about what each section should include.