Fort Worth Business Plan Competition

Graphic for the 2019 Business Plan CompetitionThe Business Plan Competition is a celebration of the entrepreneurial spirit that makes Fort Worth so unique. The city was originally settled by wildcatters, pioneers and titans of industry - mavericks whose vision, innovation, and grit echoed through the generations to build and shape what is now the sixth-fastest growing city in the country.

Though years have passed since Fort Worth was truly "Where the West Begins", today's entrepreneurs and small business owners still embody the same spirit - a spirit that is called to forge new frontiers, blaze new trails, and chase dreams as boundless as the Texas horizon.

Fort Worth's vibrant community of entrepreneurs is vital to making the area a hub for creative businesses, and the Business Plan Competition exists to set those entrepreneurs up for success. By the end of the competition, participants will have the tools, the strategy, and the mindset to grow their seed of an idea into a flourishing business. It also anchors their roots in a passionate, supportive community of like-minded individuals, mentors, and movers-and-shakers, all well-versed in the area's business ecosystem and all committed to helping these small businesses grow to their fullest potential.

 

The application period for the 2019 Business Plan Competition has closed.


About the competition

After undergoing a competitive selection process, participants will attend six weeks of one-on-one business counseling, professional development workshops, and coaching from industry experts through the Office of Small Business and its many partners, as well as consultation from student coaches at Texas Christian University and the University of Texas at Arlington.

The goal: Learn as much as possible to create a comprehensive business plan that impresses the judges, in order to win cash prizes and business services that will help entrepreneurs take their companies to the next level.

The Fort Worth Business Plan Competition encourages small business owners to manage and operate their business according to a written business plan, which has a positive impact on their bottom line and strengthens their ability to generate revenue and create jobs - both of which make a positive impact on the community.

Frequently Asked Questions (FAQ)

Q: I want to compete but can’t attend all the sessions. Can I send my partner in my place for any of them?

A: Yes, you or a partner can attend the mandatory sessions.


Q: If my business is not currently operating in Tarrant County, can I still participate?

A: Yes, if you are/have been a current client of any of the partners located on the James Guinn Campus within the past two years, you are eligible to participate.


Q: What documentation is required to support my eligibility?

A: If you are chosen as one of the 25 participants to proceed through the competition, you will need to bring a copy confirming your legal entity (Assumed name, corporation documents, etc. Note: You need to have filed this form a minimum of six months prior to the competition.) You will also need to bring either a copy of last year’s tax return (first page only) or a bank statement (blot out account number) to confirm that you are “currently” doing business.

Previous Winners

2019

  • Kraken Motorsportsan automotive performance shop that bridges the gap between the car you drive and the car of your dreams, was the grand prize winner of the 2019 Fort Worth Business Plan Competition. During their seven-minute pitch to the judges, the husband-and-wife team of Shawn and Alicia Rizzo discussed the culture of their business, and the fact that Kraken Motorsports isn't just an auto shop — they're a community. Shawn and Alicia received the grand prize of $10,000 donated by Frost Bank, in addition to a variety of co-working access, professional development coaching, marketing opportunities and more from other sponsors. The total value of the grand prize package was $56,782.
  • Neuro Rehab VR, a virtual reality healthcare startup aimed at building virtual/augmented reality therapy exercises for patients with neurological disorders, won second place and received $5,000 in cash from Frost Bank, and a variety of in-kind services that brought her total prize package $31,837. During her pitch, Veena Somareddy spoke about Neuro Rehab VR's commitment to bringing down the cost of therapy, making it more efficient, and helping Neuro Rehab VR's patients get back to living a healthy, independent life.
  • Michelle Crim of Dynamic Development Strategies, LLC, won third place, receiving $3,000 cash and in-kind services that brought her prize package total to $11,997. Dynamic Development Strategies, LLC, is an organization that provides interim leadership and strategic fundraising services to nonprofits.

2018

  • Locavore, an all-inclusive resource for foodie entrepreneurs looking to affordably scale up their business, won the 2018 Fort Worth Business Plan Competition. Co-owners Cortney Gumbleton and Carlo Capua also offer a commercial kitchen and an event venue for rent.
  • Second prize went to Aspen Tyke Traveler, owned by Saryina and Glen Oliver, which develops innovative, supportive bag and packing systems that help prepare new parents for on-the-go adventures with young children.
  • The third place recipient was Cache, a mobile app that allows consumers direct access to purchase wholesale tax foreclosure properties from anywhere in the world, owned by Mateson Gutierrez.


2017

  • Myconi Technologies won the 2017 Fort Worth Business Plan Competition. Myconi Technologies' business plan centered around developing a wireless monitoring device that can be placed inside a box of products or attached to a pallet or container to monitor and report environmental conditions (such as temperature, humidity, pressure, light and harsh handling) throughout the supply chain process, making it especially relevant to pharmaceutical and food delivery systems. Barry McCleland is the chief executive officer of Myconi Technologies and Eugene Van Beljon is chief technology officer.
  • Second place finisher Enos, founded by Efrain Villa, designs, manufactures and sells timepieces that have a stainless steel construction, Japanese automatic movement and handmade Italian bands.
  • Third place finisher Jollitot, founded by Sean Usman, creates innovative products for babies, including a three-in-one swing, rocker and bouncer for infants.


2016

  • Creative Minds Solutions won the 2016 Fort Worth Business Plan Competition. Dr. Richard Navarro is the President and Chief Innovation Officer of the company, which designs and manufactures hydro-electric turbines to generate electricity from water, such as lakes and oceans.
  • Runners-up in the sixth annual competition at Texas Christian University were second-place finisher Doc's Street Grill, owned by Steve Alade. Doc's offers Caribbean street food as a mobile food concessionaire with plans for four brick-and-mortar restaurants.
  • Third place went to Benefit Acupuncture, founded by Dr. Hilary Lai, whose Colleyville company delivers solutions for illnesses ranging from pain, allergies, chronic illness, stroke rehabilitation and infertility.


2015

  • ZooMeez Inc., a music/video startup geared toward providing exercise for young children and fighting obesity, won the fifth annual Fort Worth Business Plan Competition. Kenn Scott, a marketing consultant, is the founder of ZooMeez. His DVDs, CDs, downloads and videos are geared toward pre-K and first graders, a market of 12 million with 3-to-4 million new kids into the demographic each year.
  • Alchemy Pops, presented by Carolyn Phillips, finished second. Her company produces frozen mini popsicles in a variety of unique seasonal flavors made from Texas-only growers.
  • Third place went to Kingdem Consulting & Tax Preparation Services, owned by Kenya Bryant. Her company provides bookkeeping and tax preparation services.


2014

  • Rich Aviation Services / Fort Worth Flight Center won the 2014 Fort Worth Business Plan Competition held at Texas Christian University. The victory was worth $6,000 in cash and approximately $34,000 in training, counseling and advertising. Rich Aviation Services and Fort Worth Flight Center are pilot training facilities that provide quality, yet affordable flight training to students within Texas and outlying states. Through top-of-the-line equipment and highly qualified FAA-certified instructors, the companies fulfill lifetime goals for a range of students from airplane enthusiasts, to those seeking a profession in aviation.
  • Second place, worth approximately $20,000 in cash and business services, was awarded to Boyd Construction Services LLC.
  • Janz Hair & Fashion Jewelry Galley finished third, winning cash and prizes worth $16,000.


2013

  • WellCare Dimensions Inc. was the first place winner for 2013, followed by Ampcare LLC, in second place; and Signature Image in third place. The winning lineup was announced after finalist presentations Oct. 24th at the Dee J. Kelly alumni and Visitor's Center at TCU. WellCare and Ampcare are focused on the healthcare industry, and Signature Image is a fine art print studio, all based in Fort Worth.


2012

  • Technology Team was the first place winner for 2013. Technology Team is an industry expert in relocating mission-critical equipment, having successfully relocated over $500 million dollars of technology equipment for Fortune 500 companies and government agencies.


2011

  • Ikerd Consulting was the first prize winner in the competition's inaugural year, followed by Positive Influences, in second place; and Cleves Research in third place. The winners were announced after finalist presentations at the Dee J. Kelly alumni and Visitor's Center at TCU.

 


Competition timeline

  • May 20-June 17, 2019: Call for entries
  • June 25, 2019: The 25 applicants accepted into the competition will be announced
  • End of September: Top 10 finalists announced
  • Oct. 10, 2019: Pitch Night, 5:30-8:30 p.m.
  • Mid-October: Top three finalists announced
  • Oct. 24, 2019: Business Plan Competition Finale, 5:30-8:30 p.m.

2019 Prize Packages

First Place Business Prize Package - Total Value: $70,542

First place winners of the Fort Worth Business Plan Competition will receive:

  • $10,000 cash from Frost Bank.
  • One seat in weekly Foundations/Sales Mastery class for one year.
    Courtesy of Sandler Training of Fort Worth, Sales & Management Results, Inc.
  • Membership for one year on a board of directors made up of other business owners or peers, for the company (runs Jan. 1 to Dec. 31, 2020); Tri-Metrix DNA professional assessments of the owner and two key people with an hour and a half feedback session; three copies of TRACTION by Gino Wickman and introduction to the Entrepreneurial Operating System, EOS.
    Courtesy of The Alternative Board of Fort Worth (TABFW).
  • Private furnished office for three months including workspace, building access, and free conference rooms. Access to storytelling platform, accountability coaching, deep dive / KPI white board sessions, and software discounts. Also includes three months of access to IDEA Works program, free workshop tickets for three months, access to a data researcher, and access to the foundation's mentor/coaching network. Courtesy of Accelerate DFW.
  • Six months' full-time open Coworking, plus one hour of business coaching per month, per team member (maximum of two members).
    Courtesy of Ensemble Coworking.
  • Four hours of professional advisory services support. (Must be scheduled before Dec. 31, 2019.)
    Courtesy of Solomon Bruce Consulting, LLC.
  • Quarter page (4.875 in. x 5.63 in.) display ad.
    Courtesy of Fort Worth Business Press.
  • Six months of free advertising: Business name and logo added to JAO Business Directory, two featured email blasts, two social media mentions per month, bi-weekly advertisement on newsletter, rotating ad shown on JAO, ten 30-second audio commercials aired on "Jim Austin Radio" and your upcoming events posted on website calendar.
    Courtesy of Jim Austin Online.
  • Special article on the business and owner.
    Courtesy of The Metro Report.
  • A complimentary full year of membership with the Fort Worth Chamber of Commerce, and an invitation to breakfast at the Fort Worth Club for an information session and Q&A with Jarred Howard, SVP Small Business & Entrepreneurial Support, on the Fort Worth Chamber of Commerce's four-year strategy, Fortify, as it pertains to entrepreneurism.
    Courtesy of the Fort Worth Chamber of Commerce.
  • A complimentary full year of membership and "meet and greet" with Chamber staff.
    Courtesy of the Fort Worth Hispanic Chamber of Commerce.
  • A complimentary full year of small business membership.
    Courtesy of the Fort Worth Metropolitan Black Chamber of Commerce.
  • Automatic entrance into the next available Rising Tide Initiative cohort. This six-month program was created by entrepreneurs, for entrepreneurs, and includes office space, free mentoring, connections, resources and education.
    Courtesy of the Rising Tide Initiative.


Second Place Business Prize Package - Total Value: $31,837

Second place winners of the Fort Worth Business Plan Competition will receive:

  • $5,000 cash from Frost Bank
  • One seat in weekly Foundations/Sales Mastery class for six months
    Courtesy of Sandler Training of Fort Worth, Sales & Management Results, Inc.
  • Tri-Metrix DNA professional assessments of the owner and two key people with an hour and a half feedback session; three copies of TRACTION by Gino Wickman and introduction to the Entrepreneurial Operating System, EOS.
    Courtesy of The Alternative Board of Fort Worth (TABFW).
  • Quarter page (4.875 in. x 5.63 in.) display ad
    Courtesy of Fort Worth Business Press.
  • Four months of open Coworking, plus one hour of business coaching per month, per team member (maximum of two members).
    Courtesy of Ensemble Coworking.
  • Building access for three months, including workspace, free conference rooms, access to storytelling platform, accountability coaching, deep dive / KPI white board sessions, and software discounts. Also includes three months of access to IDEA Works program, free workshop tickets for three months, access to a data researcher, and access to the foundation's mentor/coaching network.
    Courtesy of Accelerate DFW.
  • Two hours of professional advisory services support. (Must be scheduled before Dec. 31, 2019.)
    Courtesy of Solomon Bruce Consulting, LLC.
  • Two complimentary tickets to a BeConnected or Women in Leadership luncheon, and a "meet and greet" with Chamber staff.
    Courtesy of the Fort Worth Hispanic Chamber of Commerce.
  • An invitation to breakfast at the Fort Worth Club for an information session and Q&A with Jarred Howard, SVP Small Business & Entrepreneurial Support, on the Fort Worth Chamber of Commerce's four-year strategy, Fortify, as it pertains to entrepreneurism.
    Courtesy of the Fort Worth Chamber of Commerce.
  • Automatic entrance into the next available Rising Tide Initiative cohort. This six-month program was created by entrepreneurs, for entrepreneurs, and includes office space, free mentoring, connections, resources and education.
    Courtesy of the Rising Tide Initiative.

Third Place Business Prize Package - Total Value: $25,497

Third place winner of the Fort Worth Business Plan Competition will receive:

  • $3,000 cash from Frost Bank
  • One seat in weekly Foundations/Sales Mastery class for three months
    Courtesy of Sandler Training of Fort Worth, Sales & Management Results, Inc.
  • Tri-Metrix DNA professional assessments of the owner and two key people with an hour and a half feedback session; three copies of TRACTION by Gino Wickman and introduction of the Entrepreneurial Operating System, EOS
    Courtesy of the Alternative Board of Fort Worth.
  • Quarter page (4.875 in. x 5.63 in.) display ad
    Courtesy of Fort Worth Business Press.
  • Two months of Coworking, plus one hour of business coaching per month, per team member (maximum of two members).
    Courtesy of Ensemble Coworking.
  • Building access for three months, including workspace, free conference rooms, and access to storytelling platform. Also includes free workshop tickets for three months.
    Courtesy of Accelerate DFW.
  • 1.2 hours of professional advisory services support. (Must be scheduled before Dec. 31, 2019.)
    Courtesy of Solomon Bruce Consulting, LLC.
  • Two complimentary tickets to a BeConnected or Women in Leadership luncheon, and a "meet and greet" with Chamber staff.
    Courtesy of the Fort Worth Hispanic Chamber of Commerce.
  • An invitation to breakfast at the Fort Worth Club for an information session and Q&A with Jarred Howard, SVP Small Business & Entrepreneurial Support, on the Fort Worth Chamber of Commerce's four-year strategy, Fortify, as it pertains to entrepreneurism.
    Courtesy of the Fort Worth Chamber of Commerce.


PRESENTING SPONSOR:

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FOUNDING SPONSORS:

 

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PARTNERS:

TCU Neely School of Business SCORE Fort Worth University of Texas Arlington School of Business
 Accelerate DFW TECH FW  Tarrant County Small Business Development Center
 Kernel Rising Tide Initiative  Locavore 
Tarrant County College Lockheed Martin  UNT Health Science Center 

 

Sponsorship information

All sponsors are included in promotional and marketing materials that are sent to all BAC clients, past and potential event attendees and participants, the media, and more. Sponsorship donations are tax deductible.

All donations are made through the BAC Education Foundation, Inc. a not-for-profit 501(c)(3) organization.

Sponsorship levels and information are below.

Competition Presenting Sponsor - $15,000 (Sold for 2019)

  • Listed as Presenting Sponsor in all competition communications, advertising, print, and social media
  • Verbal recognition at all competition events
  • Logo on all printed competition materials
  • Listed as Presenting Sponsor on the Business Plan Competition website
  • Opportunity to attend all competition events
  • Opportunity to speak at all competition events
  • Opportunity for signage at any competition event
  • Six reserved seats (preferred seating) for the Business Plan Competition's Pre-Pitch Presentation event
  • Six reserved seats (preferred seating) for the Business Plan Competition's Pitch Night
  • Reserved table for eight (preferred seating) at the Business Plan Competition Finale
  • Judging opportunity at the Business Plan Competition Finale
  • Giveaway opportunity at all competition events
  • Listed as sponsor in the Business Assistance Center's annual report to Mayor, city council and residents
  • Full-page color ad inside the front cover of the Business Plan Competition Finale program (PRIME AD LOCATION)
  • Listed as Presenting Sponsor with logo on front cover of the Business Plan Competition Finale program (PRIME AD LOCATION)

Pitch Night Presenting Sponsor - $3,000 (Sold for 2019)

  • Listed as Pitch Night Presenting Sponsor on all Pitch Night advertising, print, and social media
  • Verbal recognition as Presenting Sponsor at Pitch Night event
  • Logo on all Pitch Night printed materials
  • Listed as Pitch Night Presenting Sponsor on the Business Plan Competition website
  • Opportunity to attend all competition events
  • Opportunity for signage at Pitch Night
  • Opportunity to speak at Pitch Night
  • Judging opportunity for Pitch Night
  • Giveaway opportunity at Pitch Night
  • Four reserved seats (preferred seating) for the Business Plan Competition's Pitch Night
  • Four reserved seats (preferred seating) at the Business Plan Competition Finale
  • Listed as sponsor in the Business Assistance Center's annual report to Mayor, city council and residents
  • Half-page color ad inside the Business Plan Competition Finale program

Pitch Night Co-Sponsor - $1,500

  • Listed as Pitch Night Co-Sponsor on all Pitch Night advertising, print, and social media
  • Verbal recognition as Co-Sponsor at Pitch Night event
  • Logo on all Pitch Night printed materials
  • Listed as Pitch Night Co-Sponsor on the Business Plan Competition website
  • Opportunity to speak at Pitch Night
  • Judging opportunity for Pitch Night
  • Giveaway opportunity at Pitch Night
  • Three reserved seats (preferred seating) for the Business Plan Competition's Pitch Night
  • Three reserved seats (preferred seating) at the Business Plan Competition Finale
  • Listed as sponsor in the Business Assistance Center's annual report to Mayor, city council and residents
  • Quarter-page color ad inside the Business Plan Competition Finale program

Pre-Pitch Night Co-Sponsor - $2,500

  • Listed as a sponsor in select competition communications, advertising, print, and social media
  • Verbal recognition as Pre-Pitch Event Sponsor the evening of the event
  • Logo on Pre-Pitch event printed materials
  • Listed as Pre-Pitch event sponsor on the Business Plan Competition website
  • Opportunity to speak at the Pre-Pitch event
  • Opportunity to provide signage at the Pre-Pitch event
  • Giveaway opportunity at the Pre-Pitch event
  • Judging opportunity in preliminary rounds
  • Four reserved seats (preferred seating) for the Business Plan Competition's Pitch Night
  • Four reserved seats (preferred seating) at the Business Plan Competition Finale
  • Listed as sponsor in the Business Assistance Center's annual report to Mayor, city council and residents
  • Half-page color ad inside the Business Plan Competition Finale program

Training Presenting Sponsor - $2,000 (Sold for 2019)

  • Listed as Training Presenting Sponsor on all training advertising, print, and social media
  • Verbal recognition as Training Presenting Sponsor at training sessions
  • Logo on training printed materials
  • Listed as Training Presenting Sponsor on the Business Plan Competition website
  • Opportunity to attend all training sessions
  • Opportunity to provide signage at all training sessions
  • Giveaway opportunity at training sessions
  • Four reserved seats (preferred seating) for the Business Plan Competition's Pre-Pitch Presentation event
  • Four reserved seats (preferred seating) for the Business Plan Competition's Pitch Night
  • Six reserved seats (preferred seating) at the Business Plan Competition Finale
  • Listed as sponsor in the Business Assistance Center's annual report to Mayor, city council and residents
  • Half-page color ad inside the Business Plan Competition Finale program

Training Co-Sponsor - $1,000

  • Listed as Training Co-Sponsor on all training advertising, print, and social media
  • Verbal recognition at training sessions
  • Logo on training printed materials
  • Listed as Training Co-Sponsor on the Business Plan Competition website
  • Opportunity to speak at designated training sessions
  • Giveaway opportunity at designated training sessions
  • Two reserved seats (preferred seating) for the Business Plan Competition's Pre-Pitch Presentation event
  • Two reserved seats (preferred seating) for the Business Plan Competition's Pitch Night
  • Two reserved seats (preferred seating) at the Business Plan Competition Finale
  • Listed as sponsor in the Business Assistance Center's annual report to Mayor, city council and residents
  • Quarter-page color ad inside the Business Plan Competition Finale program

Prize Sponsors - In-Kind Donation

  • Listed as Sponsor in select competition communications, advertising, print, and social media
  • Verbal recognition at the Business Plan Competition Finale
  • Logo listed on sponsor page and prize package page in the Business Plan Competition Finale program
  • Listed as a prize sponsor on the Business Plan Competition website
  • Two reserved seats (preferred seating) at the Business Plan Competition Finale
  • Listed as sponsor in the Business Assistance Center's annual report to Mayor, city council and residents
  • Quarter-page color ad inside the Business Plan Competition Finale program

Friends of the Business Plan Competition - $100

  • Two reserved seats (preferred seating) at the Business Plan Competition Finale
  • Listed as a Friend of BPC in the Finale program booklet
  • Listed as a Friend of BPC on the Business Plan Competition website
  • Listed as a Friend of BPC in the Business Assistance Center's annual report to Mayor, city council and residents

Interested in becoming a sponsor? Cash and in-kind sponsorship opportunities are available. Please call 817-871-6006 for details.