Saturday Nov. 10th 2007 |
Wharton School, University of Pennsylvania, Philadelphia, PA |
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Business plan competition
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Presenting your idea to investment professionals Africa, the last frontier of Foreign Direct Investment is ripe for business ideas. It is a continent of many entrepreneurial opportunities and the WABF is an ideal platform for future entrepreneurs with prospective African ventures to present their ideas to participating financing institutions that already invest in Africa. Pre-selected applicants will have the unique opportunity to pitch their business idea to participating Banks, Venture Capitals, and Private Equity firms. The Business Pitch contest is a proven method used by the Wharton Entrepreneurial Program – in its Venture Initiation Program – to identify future business talents. Pitching is an important technique entrepreneurs must acquire to quickly impress VC and PE of the real world and effectively raise the capital needed for the development of their venture.PROCEDURE 1. Download application file and Rules from links below
WABF_BusinessPlanCompetion_Description-Rules.pdf WABF_BusinessPlanCompetion_ApplicationForm.doc 1. Submit business overview of at least 1,200 words but no more than 2,000 words to wabizpln@wharton.upenn.edu no later than October 27 2007
3. Pay $20 application fee online no later than October 27 2007
4. Admission released no later than November 3 2007 at 11:59pm
5. Selected applicants pitch business idea for 5 minutes to a group of investors in a public setting
6. Selected applicants pitch business idea for 5 minutes to a group of VC and PE firms in a public setting
7. Feedbacks and follow ups provided to applicants at the Pitch contest
8. Results and prize winners announced at the WABF banquet reception
Prizes* Winner - Potential to receive advice from business plan competition corporate sponsors and raise capital to develop business Application documents Inquiries Send all inquiries to WabPlanCompetiton@wharton.upenn.edu * Prizes are subject to change. The conference organizers reserve the right to cancel the WABPC.
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