Business Plan Contest

Business Plan Contest 2022

 

Sponsored by M&T Bank and the FCC Foundation, the Ninth Annual FCC Business Plan Contest is open to any current FCC student enrolled in one or more credit or non-credit classes during the 2021 - 2022  Academic Year. Interested students with a business idea will develop a complete business plan to be evaluated by a panel of local business leaders.

Written business plans are scored by the panel of judges based on established criteria. The students with the three highest scoring plans shall be invited to provide oral presentations to the same panel of judges. Similar to the popular television show, “Shark Tank,” the final oral presentations should be formatted as an “elevator speech” or “pitch” for the business idea.

The panel of judges will score the oral presentations and scholarship prizes will be awarded to the 1st, 2nd, and 3rd highest combined scores from the written plans and oral presentations. Scholarship prizes may be used at FCC or a transfer college, and are not transferable to other persons.

Special thanks to M&T Bank for generously providing the following scholarship prizes through the FCC Foundation, Inc.: First place: $2,500; second place: $1,500; and third place: $1,000.


Students who wish to enter the contest must submit an Intention to Compete Application Form by Friday, March 25, 2022, before 11:59PM.

The final written business plan must be submitted by Friday, April 8, 2022, before 11:59PM. Early submission of the written business plan is encouraged; students must use the submission link below.  Please refer to Contest Rules, Instructions, and Examples in the links provided below.

The top three finalists will be notified via email by Friday, April 15, 2022.

The final presentations will be held on Wednesday, April 27, 2022, 1:00 – 2:30PM via Zoom or alternate online option. All finalists will be consulted in advance to ensure access to technology.


Interested in finding out more?

Students are encouraged to contact the following FCC Professors for advice or if they have questions regarding their business plans: Larry Devan, Rick Dillon, Norman EndlichTom Mazerski.

Participating students must also familiarize themselves with the following documents:

Business Plan Contest Rules

Business Plan Contest Instructions

Financial Plan

Financial Plan Example

Intention to Compete Application Form

FCC Written Business Plan Submission Page


2021 - 2022 Contest Committee Members:  
Larry Devan – [email protected]
Charles “Rick” Dillon – [email protected]
Norman Endlich – [email protected]
Thomas Mazerski – [email protected]
Doree Lynn Miles – [email protected]
Karen A. Wilson – [email protected]

 

2022 Contest Judges:
Mary Ford-Naill, Economic Development Manager, City of Frederick
James Gorman, Business Banking Relationship Manager, M&T Bank
Jon Holmes, Principal, LSWG CPA’s
Alyce Luck, Community Service Coordinator
Serina Roy, Owner and Master Roaster at Dublin Roasters Coffee, Inc.
Click here for Judge's biographies

 

Special thanks to M&T Bank for generously providing the scholarship prizes through the FCC Foundation, Inc.

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