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Rice Business Plan Competition 2023 for Entrepreneurs Worldwide

Good news! The Largest Intercollegiate Startup Competition; Rice Business Plan Competition 2023 is inviting applications from collegiate entrepreneurs around the world.

Rice Business Plan Competition 2023

Now in its 22nd year, the competition offers collegiate entrepreneurs real-world experience to pitch their startups, enhance their business strategy and learn what it takes to launch a successful company. The Rice Business Plan Competition is designed by the Rice Alliance for Technology and Entrepreneurship (Rice University).

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The competition is Rice University’s internationally-recognized initiative devoted to the support of entrepreneurship and Rice Business. Since its inception (over 20 years), the competition has grown from nine teams competing for $10,000 in prize money in 2001, to 42 teams from around the world competing for more 2 million in cash and prizes.

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What are you waiting for? Apply for the Rice Business Plan Competition 2023 today to meet investors, pitch your startup and receive mentoring to take your startup to the next level. Don’t miss this opportunity to win the grand prize for the 2023 edition.

Summary of the Rice Business Plan Competition 2023

  • Type of program: Entrepreneurship
  • Host Organization: Rice University
  • Country: USA
  • Gender: Men and Women
  • Application Deadline: February 28, 2023
  • Duration: May 11-13, 2023

Recommended: International Response Scholarship 2023 in UK (£8,825 Allowance)-apply

Benefits of the Rice Business Plan Competition 2023

  • Prize for the 1st Place Overall is given by GOOSE Capital – $350,000 investment
  • The 2nd Place Overall is given by Rice University – $100,000 investment
  • The 3rd Place Overall is given by Rice University’s $50,000 investment
  • The 4th – 7th Place Overall gets $5,000 cash each

Visit the official webpage below to view other prizes

How to Apply for the Rice Business Plan Competition 2023

Eligibility Criteria for the Rice Business Plan Competition Qualification

Startups ate eligible if:

  • The startup is student-driven, student-created, and/or student-managed
  • It has at least two current student founders or management team members, and at least one of those students is a current graduate degree-seeking student
  • They’re from a college or university anywhere in the world
  • It has not raised more than $250,000 in equity capital prior to July 1, 2022
  • It has not generated revenue of more than $100,000 in any 12-month period prior to July 1, 2022
  • It seeks funding or capital (or will be in the next 12 months)
  • If it’s a potentially viable investment opportunity

FAQs

What is the Rice Business Plan Competition 2023?

The Rice Business Plan Competition 2023 is an annual event that gathers aspiring entrepreneurs from around the world to showcase their innovative business ideas and compete for funding and resources. It is hosted by Rice University and serves as a platform for startups to network, learn, and receive mentorship.

How can I apply for the Rice Business Plan Competition 2023?

You can apply by visiting the official competition website and following the application instructions. Check the official application page for details on eligibility, deadlines, and submission requirements.

Who is eligible to participate in the competition?

The competition is open to entrepreneurs worldwide, including students, recent graduates, and startups. Check the eligibility criteria on the official website for specific details.

What are the key dates for the Rice Business Plan Competition 2023?

The competition typically has specific deadlines for application submissions, announcement of finalists, and the actual event. Refer to the schedule on the official website for up-to-date information.

What are the prizes for winners of the competition?

Winners of the Rice Business Plan Competition receive various prizes, which may include cash awards, investment opportunities, mentorship, and in-kind services from sponsors and partners. For a detailed breakdown of prizes, visit the prizes page.

Can I attend the competition as a spectator or audience member?

Yes, the Rice Business Plan Competition is often open to the public, and you can attend as an audience member to watch the pitches, panels, and networking sessions. Check the official website for information about attending the event.

Are there any notable success stories from previous competitions?

Yes, many startups that participated in previous Rice Business Plan Competitions have gone on to achieve significant success. You can find inspiring stories of past participants and their journeys on the success stories page.

How can I get involved as a mentor, judge, or sponsor for the competition?

If you’re interested in becoming a mentor, judge, or sponsor, you can find information on the get involved page of the official website. Your expertise and support are valuable to the competition’s participants.

Is there a registration fee for participating in the Rice Business Plan Competition?

The competition may have a registration fee, and the details can be found on the registration page of the official website. However, fee structures may vary each year.

Where can I find more information about the Rice Business Plan Competition 2023?

For more detailed and up-to-date information about the competition, including rules, guidelines, and event details, visit the official Rice Business Plan Competition website.