Welcome to the 2013 Rice University Business Plan Competition (“RBPC”). We appreciate your interest in participating in this year’s event, hosted by the Rice Alliance for Technology and Entrepreneurship and the Jesse H. Jones Graduate School of Business at Rice University.
Forty-two teams will be invited to compete in the 2013 RBPC at Rice University. Teams will compete for an expected $1 million + in prizes, including $900,000 in investment offers, over $500,000 in other cash prizes. Teams will have the opportunity to meet and network with over 250 venture capital principals, early stage investors, and successful entrepreneurs who will serve as judges for the competition.
Qualification to participate in the RBPC is determined by the criteria outlined in the Executive Summary section and by meeting the deadlines below.
How to Enter
Prior to submitting your application, please review eligibility requirements and submission guidelines. The RBPC uses the iStart platform to manage applications. To enter, a designated team leader should complete the online enrollment form by clicking the “APPLY NOW!” button above. There are 3 steps to complete your application: Team Leader: 1)creates an individual account 2) Submits the business 3) Apply to the RBPC by answering the questions listed, and uploading the venture Executive Summary and OPTIONAL, but highly encouraged Video Pitch. All 3 steps must be completed no later than 5:00 PM CST Monday, February 18, 2013. Teams may make changes to the application until the deadline. The system will close at 5:00 PM CST, and no applications can be submitted after that deadline, partial applications will not be accepted, so please plan accordingly.
Note: Schools may submit an unlimited number of entries, but typically only 1-2 teams per school will be invited to compete. (Exceptions to this guideline may be made on a case-by-case basis.) In the case of multiple entries from the same university, RBPC will choose the team(s) to represent that university at the Competition.
Important Deadline – Pre-Competition
|Friday, February 18, 2013
by 5:00 pm CST
|Deadline to submit Application, Executive Summary and Optional Video Pitch:
Submit online: click “APPLY NOW!” button above to access iStart platform.
All teams that complete an RBPC application will receive a free subscription to LivePlan by Palo Alto Software. LivePlan allows simple, collaborative, and fast business planning from any computer. Instructions for accessing your free subscription will be provided after the application deadline.
|Monday, March 11, 2013||RBPC announces 42 Teams to Compete.|
|Friday, March 15, 2013
by 5:00 pm CDT
| Invited Teams to confirm participation.
Withdrawal Deadline–last day to withdraw without penalty (see below).
|Monday, March 18, 2013
by 5:00 pm CDT
|Deadline to submit Written Business Plan and additional team materials online.|
Withdrawal Penalty: If a confirmed team DROPS OUT AFTER MARCH 15, 2013 at 5:00 pm CDT FOR ANY REASON, their school will be ineligible to compete in future RBPCs for two years. In addition, a letter will be sent to their faculty advisor and to the Dean of their School informing them of their university representative’s failure to honor their commitment, and of their school’s disqualification for the next two years. Spaces are limited at the RBPC, and a last minute cancellation will prevent another university from competing.
Use of Conference Materials: The Rice Alliance reserves the right to use any material prepared for the RBPC in publicizing and promoting the event. The Rice Alliance may use these materials in any printed materials and any videotape or other medium that it may produce. The Rice Alliance may videotape any portion of the Competition and utilize these tapes in any way that its sees fit.
Entry Fees: The RBPC does not have an entry fee.
Changes to Competition Rules: While not anticipated, these rules and prizes are subject to change at the discretion of the Rice Alliance at any time. The Rice Alliance staff has the right to interpret these rules according to its own judgment.
Decisions regarding the Competition and the Winners: All decisions regarding the competition rules, procedures, and processes are at the sole discretion of the Rice Alliance. Changes and/or interpretations of these rules may be made by the Rice Alliance at any time, even though they may be (or may appear to be) in conflict some previously published information. The selection of the teams to compete and the decision of the winners are at the sole discretion of the judges and the Rice Alliance. Best efforts will be made to make decisions in accordance with this Official Rules document.
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