The submission deadline for plans has been extended until 5:00 pm on October 12, 2008.

Before submitting a plan, we recommend that you read through the following Frequently Asked Questions. You will find detailed instructions on how to submit a plan along with some helpful tips.

If you have any questions that are not listed here, please feel free to contact us .

The FAQs:

Call For Business Plans: How to submit your
executive summary business plan for consideration

Nature of Business

Format

How To Submit a Plan

Disclaimer

Non-Disclosure Agreements


Call For Business Plans: How to submit your
executive summary business plan for consideration

Entrepreneurs and Angels is looking for a few good (make that great!) Business plans. Business plans must be submitted via email and must conform to the following criteria for consideration; non-conforming plans will not be considered:

Nature of Business

The business should be based on the creation or use of new technologies including, but not limited to, IT and/or biomedical technologies. Service businesses that are not technology-driven are unlikely to be selected. The business should be seeking early stage or seed capital for business development. We strongly encourage entrepreneurs to educate themselves on the basics of venture capital and fund-raising prior to submitting your plan.

Format

Submit only an Executive Summary, not a complete business plan. The Summary must be in MS Word or pdf format (10-12 pt. Type) and may be no longer than three pages. Please note that our selection committee will not read beyond the third page.

Plans must include contact information including name, email and phone number on ALL pages. The plan filename should reference the name of your company, i.e. mycompany.doc. If you are including graphics, please make sure graphic files are included.

We prefer that Summary plans consider the following format:

Executive Summary Outline

Overview: Many consider this the most important part of the business plan because it is what investors usually will read first. It is the "teaser" through which you need to convince an investor to spend more time on the plan itself. This section should always be written last so that each individual section being summarized has been thought through and analyzed fully.

The executive summary should be between one and three pages in length. It should be a concise and clear highlight of what the company is all about and what's in it for the investor. The executive summary should include a few sentences on each of the following, while at the same time remaining concise:

Critical issues in defining a potential venture opportunity:

  1. Your overall "venture concept"
  2. The specific potential market opportunity you have identified
  3. Your available technology (or your innovative process or "know-how" or other special capability)
  4. Your current or contemplated protection strategy
  5. The manufacturing or production program that you envision for making this in a form that can be utilized
  6. The kind of marketing program that you think would be an effective way to let potential users know about this, plus ...
  7. The kind of selling procedure you think would fit the familiar "buying procedures" of your potential "purchase decision-makers" (the decision-makers may, in fact, not be the ultimate end-users), plus ...
  8. The type of distribution system that you think would best match the established way of getting such products to such users
  9. The project management team that you think should spear-head this effort (either specific individuals or type of expertise that is required)
  10. Your resource requirement (in terms of person-months or dollars for working capital during the forecast period of negative cash-flow or the dollar-value of any required "in-kind" resources and/or dollars required for out-sourced goods or services)
  11. The expected pay-off (in terms of qualitative and quantitative benefits, dollars, or any other relevant measures)

QUOTED WITH PERMISSION: © TERRY COLLISON. ALL RIGHTS RESERVED.

How To Submit a Plan

Submit your Executive Summary along with complete contact information. Plans must be received by October 10, 2008 at 5:00 pm. Complete plans may be requested after review of the executive summary. Finalists may be interviewed at the discretion of the committee and finalists will be notified on or before October 24, 2008. All finalists will be required to attend a coaching session designed to help you hone your presentation and target it to the requirements of potential investors.

Disclaimer

ENTREPRENEURS AND ANGELS PROVIDES A FORUM FOR COMPANIES TO DESCRIBE THEIR BUSINESSES. IT DOES NOT INVESTIGATE, AND MAKES NO REPRESENTATIONS REGARDING, INFORMATION PRESENTED BY THOSE COMPANIES NOR CAN ANY ASSURANCES BE MADE TO ANY PRESENTING COMPANY THAT FUNDING WILL BE OBTAINED. IT DOES NOT PARTICIPATE IN THE SALE OF ANY SECURITIES BY THOSE COMPANIES. ALL MATTERS RELATED TO THE PURCHASE OF ANY SECURITIES ARE SOLELY BETWEEN THE PURCHASER AND THE COMPANY.

Non-Disclosure Agreements

It is the generally accepted norm that most VCs and other investors do not sign non-disclosure agreements. Any prospective presenter that requires non-disclosure agreements will not be considered.

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