Welcome to the
Wesley Nicol Business Plan Competition
Landing Page
INTRODUCTION
This is an opportunity for students at the
The competition will help boost interest in and knowledge of
entrepreneurship amongst
Any team of up to four is eligible to enter the competition if at least half
of the team members are full time students of the
To enter, a team must submit:
a) a one page graphical depiction of their business model;
b) a description of the business model of not more than 400 words;
c) a photo of each member of the group and their student status together with a brief bio of not more than 80 words for each member and including a telephone number and email address where each member may be contacted;
d) a business plan with the following elements- i. the elevator pitch explaining the value proposition and giving an example of how the product or service is used by the customer or client and how it adds value for him or her, ii. the business model, iii. the 'pixie dust' in your business model; what innovation you are bringing to your opportunity and how it creates a sustainable competitive advantage for you, iv. how you will raise capital for the venture with an emphasis on self (bootstrap) capitalization, v. how you will acquire clients or customers in a cost effective way using smart (guerrilla) marketing, vi. financial projections;
e) a letter stating that the
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WINNER UOTTAWA WES NICOL BUSINESS PLAN COMPETITION 2008 |
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1. VinylTees.ca: Virtual Artist Studio using the ‘mechanical Turk’—what do humans still do better than computers? Answer: design! |
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2. BeWoman.ca: “Goon Show Hockey”
clothing but for athletic women—before and after wear. |
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3. SimpleePlumbing.com: D-I-Y plumbing site with video instruction, video
uploads, sales of plumbing tools, fixtures, parts. Contracting services also
available. |
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4. a) Adventures4All.org:
Sports equipment non-share capital coop also specializing in
services—tow passes, golf memberships, fitness memberships, time share,
adventure tourism. b) Transpofares.com:
e-Tickets for transit as well as parking lot operators
and others. c)
Telfer Student Management Consulting Clinic: Student Management Consulting Clinic specializing in
cashflow analysis, business plans and models, market research and marketing,
website design and web 2.0, etc. |
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WINNER UOTTAWA WES NICOL BUSINESS PLAN COMPETITION 2007 |
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Félicitations à M. Niroshan Rajakone et Simon Grant
Boite à pizza/Pizza Box Advertising
Le plan, PPT, Excel |
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David Dao, Billy Santoso Ready Rice |
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Andrew Colautti, Di Kou, Ahmed Younnis, Jasmine Campbell, Jasmine Sultan InNumerous.com |
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Mike Stewart, |
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Adam Moede, Céline Tacniere, Andrei Zagrean, Kristaps Kuplais OnlineSales.com |
PRIZES
There will be three prizes for the top business plans:
1st place—
2ND place—SECOND PLACE and $2,000
3RD place—
4TH place etc.—HONORABLE MENTION.
Prizes will be shared equally among team members.
Note that the winner of the UOttawa Competition is entered into the National Finals of the Wesley Nicol Business Plan Competition. To learn more about the National Competition, CLICK HERE.
SCHEDULE
Students are encouraged to submit their business models to the UOttawa SOM Business Model Competition which will serve as an entry into the Wesley Nicol Competition as well. Students are also encouraged to participate in the Elevator Pitch competition hosted by the UOttawa Entrepreneur's Club.
Submission: expression of interest—Second Wednesday in January.
Submission of one page business model—First Wednesday in February.
Final revisions of business model—Third Wednesday in February.
Announcement of Six Finalists for business model competition—last day in
February.
Business Model Competition—First Wednesday in March.
Submission of Final Business Plan—Friday following Business Model
Competition.
Announcement of Five Finalists for Wes Nicol
Competition—Monday following Business Model Competition.
UOttawa Wesley Nicol
Business Plan—Second Wednesday in March.
National Finals—early May.
FOR MORE INFORMATION:
Dr. Bruce M. Firestone, Entrepreneur-In-Residence, bmfirestone@exploriem.org.
UOttawa SOM Business Model Competition