Keys things to look at for Evaluation
Judges rate a value between 1 to 5.
Seventy is the maximum score possible.
Business plans evaluated by 2 or 3 judges.
Evaluation has four sections (plus Summary)
The Concept/Idea
Product/Service/Market
Organizational Plan
Financial Data
Category: Mayo Competition
Info of the TCNJ Mayo Business Competition
Schedule
9/30/19 – Mayo Business Plan Competition information session
11/01/19 – 11/29/19 – Registration opens for “Intent To Compete.”
12/16/19 – Complete MBPC team registration.
1/24/20 – Business plans submitted (via the website) as the absolute due date; no exceptions.
Goals and Requirements
Establishing the concept, developing the business plan and a three-minute video, and managing the team remain solely the responsibility of team members. The competition depends on the team’s ability to determine what constitutes a solid business plan.
Business plans evaluated using the Evaluation Rubric. Plan should be submitted as a PDF. A short video (no more than three minutes) describing the concept and likely target market(s) is strongly suggested though not required.