The Rhode Island Business Plan Competition has been organized to promote entrepreneurship and the development of start-up and early stage companies in Rhode Island by encouraging submission of plans of original business concepts that will lead to the development of new growth businesses in Rhode Island.
The following rules apply:
While business plans may be structured in any number of ways, the approach suggested here offers a concise format.
Need to know more? Check answers to Frequently Asked Questions.
Applicants, 18 years of age or older, may compete in one of the following tracks:
Learn more about the competition tracks.
Prizes consisting of cash and in-kind services, with a total value of approximately $200,000, will be awarded to winners and finalists in the 2017 Rhode Island Business Plan Competition.
In addition--for the first time--all those who submit a completed application to the 2017 Competition will receive two consecutive months of free co-working space for their team at Sprout in the Rising Sun Mills campus in Providence. Free parking and access to meeting space is included.
To participate in the Rhode Island Business Plan Competition, applicants must complete and submit an online application by 5 p.m. Eastern time (U.S.) on April 3, 2017.
After reviewing the applications, the judges will invite semi-finalists from each track to submit complete business plans by April 18, 2017.
Semi-finalists will be selected from each track and will be invited to make a 5-minute presentation to the judges on April 26, 2017.
Finalists will be selected from semi-finalists and invited to a 25-minute meeting with the judges on May 2, 2017.
Winners will be announced at an Awards Ceremony in May.
See recommended guidelines for formatting business plans.
This website is maintained by and hosted by Envision Technology Advisors,
Technology Partner of the RI Business Plan Competition since 2016.
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