The Wharton Business Plan Competition
The Wharton Business Plan Competition (WBPC) fosters the entrepreneurial spirit and business literacy of University of Pennsylvania students, helping to promote the creation of new ventures. Founded in 1998, the WBPC is managed by Wharton Entrepreneurial Programs and a management committee comprised of students from throughout the University of Pennsylvania. Open to all Penn students, the WBPC has annually drawn student teams comprised of participants from nearly every school in the university; in 2009-2010, more than 230 student teams, representing 8 different schools, participated in the WBPC.
During this year-long educational experience, students may participate in three phases that provide milestone-driven deadlines. Students receive feedback from business experts, attend workshops, meet with mentors, and vie for a spot as one of eight finalists in the WBPC Finals in April. At the WBPC Finals teams compete before a panel of venture capitalists and other experts for cash and in-kind prizes to propel the launch of their business. Past winning teams have raised substantial funds through both grants and venture funding, sold their business to successful multi-national corporations, and received industry recognition for their innovations.
For more information on the WBPC, please visit our website: http://bpc.wharton.upenn.edu/