Sponsored by the School of Business Administration

The annual University of Miami Business Plan Competition, sponsored by the School of Business, encourages entrepreneurship among students throughout the University of Miami. The School of Business Administration recognizes that potentially successful business ideas can come from a wide range of disciplines and may originate from an individual or from a group of individuals. The competition has been designed to simulate the real world where anyone can have an idea but only those who follow through on their ideas and work through the details of starting a business will reap the rewards of success.

This year’s competition will have separate tracks for undergraduate and graduate students. The competition kickoff is on October 3, and entrants are invited to submit a 3-5 page concept paper. All entries must be received by 4:00 PM on March 30 by email to qualify. Following a review of all entries, 20 teams are selected to submit detailed business plans. On April 13, the teams deliver presentations before the judges who will select the winners and award $40,000 in prize money.

Past winners have included two teams featured on ABC’s Shark Tank. 2007 runner up Rodolfo Saccoman (MBA ’07) presented a plan for MyTherapyJournal.com in September, 2009. Omar Soliman (BBA ’04) took a spin-off of his 2004 competition winner (College Hunks Hauling Junk) called College Foxes Hauling Boxes on Shark Tank in August 2009.

Read about the 2011 winners here.

Read about the 2012 winners here.