Capital One Bank Bayou Classic Business Plan Competition Workshop
This is the business development workshop for businesses interested in competing in the Capital One Bank Bayou Classic Business Plan Competition. Workshop topics will include: Introduction and Business Growth Plan Basics, Access to Capital, and Personal Finances and Your Business. The purpose of the Capital One Bank Bayou Classic Business Plan Competition, which will award a total of $60,000 in cash prizes, is to help small businesses in Louisiana grow and create jobs. The competition will feature two categories: Category No. 1 will be for businesses with annual revenues of less than $250,000, and Category No. 2 will be for businesses with annual revenues of between $250,000 and $1 million. There are 2 phases of the Bayou Classic Business Challenge: a regional competition and the statewide competition. Finalists in the statewide competition for both categories will make an oral presentation at the Capital One Bank Bayou Classic Business Growth Plan Competition on Nov. 28, before the winners are announced on the field during the nationally televised Bayou Classic football game Nov. 29. Each category winner will receive a cash prize of $25,000. The businesses finishing in second place will each receive a cash prize of $5,000. To be eligible for the competition, businesses and their owners must meet the following criteria: • Have annual revenues of less than $250,000, to compete in category No. 1, or between $250,000 and $1 million, to compete in category No. 2. • Be based in Louisiana. • Have owned the business since before Oct. 31, 2013. • Attend one of two business development workshops offered on Oct. 24 or Oct. 25 in any of the following Louisiana cities: Baton Rouge, New Orleans or Shreveport. • Submit a letter of intent by Oct. 31, 2014. • Submit a business growth plan by November 7, 2014.
Speaker(s): Capital One Bank, LSBDC, Accion, Money Management International
Co-Sponsor(s): Capital One Bank
Please see Bayou Classic Competition Announcement, Flyer, and Official Rules:
Bayou Classic Competition Flyer.pdf
Bayou Classic Competition Rules.pdf
Fee: No Cost