Credit: Penn State
February 6, 2017
ABINGTON, Pa. — Penn State Abington students and Abington Township community entrepreneurs will compete for up to $2,000 and valuable business services in the first Abington LaunchBox Business Plan Competition.
Students, student/faculty teams, and local entrepreneurs must submit the application by March 3.
Submissions must include:
- a detailed explanation of the business concept and location;
- SWOT analysis;
- target market, demographics, overview of the industry;
- sales and marketing strategies;
- type of legal entity, date established; and
- profiles of the management team including advisors.
Each submission must contain a video explaining/demonstrating the product or service by those involved in the business, plus financials, and an answer to the question: How would you use the prize money?
Cash prizes will range from $250 to $2,000, and all winners will receive services from the Abington LaunchBox and Penn State’s entrepreneurial ecosystem.
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