BUSINESS PLAN-NEW

NEW BUSINESS PLAN IDEA

The committee will select recipients based on the most compelling application, the applicant’s current business and/or new business idea, and its potential impact on the economy.

•Cover page indicating this is a new business

•Introduction

•The Opportunity

•The Idea

•The Team

•The Critical Success Factors

•Potential Impact on the Economy

Business Plan:

A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals.

ENTREPRENEURSHIP WRITTEN PLAN GUIDELINES: The written plan must comply with the following guidelines:(a) the written plan(including the copyright in the written plan) must be owned by the Applicant; (b) the written plan must not previously have been distributed publicly or won any award; (c) the written plan must not contain any material that would violate or infringe upon the rights of any third party, including without limitation copyrights, trademarks or rights of privacy or publicity, or that is defamatory, threatening, indecent, obscene or offensive, or that is unlawful, in violation of or contrary to any applicable laws or regulations, or which requires a license from any third party; (d) the written plan must not contain any material that Ashford, in their discretion, deems inappropriate for public viewing; and (e) the written plan must be original and have been created solely by the Applicant. In the event of an actual or apparent violation of these guidelines, Ashford reserves the right in its sole discretion to take such action as it deems appropriate with respect to the written plan in question, if any, including without limitation amending and/or altering the written plan to make the written plan compliant or disqualifying and/or not posting the written plan on the Entry Site. Please review the accepted file formats for the written plan and supporting documentation: .PDF, Word (.DOC or .DOCX), .JPG OR .JPEG. To be accepted, file submissions must be labeled with the applicant’s last name first, in addition to any document title. The recommended sections for applicants submitting a new Business Idea are as follows: