George Washington University Business Plan Competition

Prizes

If your team finishes among the top four teams, you will win the following amounts which will be given to your new business:
        1st Place: $25,000
        2nd Place: $10,000
        3rd Place: $4,000
        4th Place: $1,000

There is an additional prize for the Best Undergraduate Team:
        Best Undergraduate Team: $10,000 (see Rules )

In addition to the $50,000 cash prize money listed above:

• The 1st Place team will receive a "Custom Lab" by iStrategyLabs which will include social media marketing strategy and training, an open innovation session, and entrepreneurial lessons learned.  This prize is valued at $2,500.


• The top 4 teams (1st through 4th place) will receive legal services of your choice valued at $1,000 per team from Blank Rome.  Such legal services might include assistance with incorporation, intellectual property (IP) protection, or other services to be agreed upon.
  
  
• The 1st Place "software, communications or internet" Team will receive a scholarship for one of their team members to attend a 3-month acceleration program held in Silicon Valley, California called "The Plug and Play Award." This is offered by Plug and Play Tech Center and has a value of $10,000, plus up to $1,000 for travel expenses.


• The top 20 individuals on the Final round teams, as ranked by the Final round judges, will receive a free registration for an "Online Bootcamp" of their choice as offered by Brazen Careerist.  Each Online Bootcamp registration is valued at $200.  This means that all the individuals on the top 5 teams, as ranked by the judges, plus additional individuals from the 6th ranked team and possibly the 7th or 8th ranked team (depending on the size of the teams) will receive these free registrations until 20 have been awarded to individuals.