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A
national business plan competition that serves as a catalyst for
Teams will compete in three rounds starting in February 2000. Entry teams will register and submit executive summaries by February 7. Summaries will be screened for minimum entry requirements by the Competition Executive Committee, and qualified teams will be asked to submit full business plans for the first round of judging on March 7th. From this round, eight finalist teams will be selected to compete in the final round of judging, which will culminate the weekend of April 8 with a private presentation by each team to the judging panel. Winners will be announced that weekend, following public presentations by the finalists. Plans will be judged according to the feasibility of the business concept, as well as feasibility and scope of the venture's stated social and/or environmental purpose. Although plans will be judged according to one overall framework, there will be two judging categories: one for stand-alone for-profits and one for for-profits associated with nonprofit organizations. The top three plans entered in the competition will be circulated for consideration among the Investors' Circle, a network of investors who make private equity investments based on social dividends as well as economic returns. See www.icircle.org for more information about the Investors' Circle. |
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