No later than 4 p.m. March 2, 2009, candidates for the BDCC Business Plan Competition must submit an Executive Summary (two pages) and Financial Description (one page) containing the following information:

• Name of the company
• Name of owner(s)
• Experience of the owner(s)
• Description of the product or service you intend to or are now providing
• Description of the market your product or service is for
• Description of how you will promote and sell your product or services
• A schedule of intended activity
• Number of current or proposed full-time equivalent (FTE) positions your company would employ through the next five years
• Anticipated cash flows
• Sources and uses of start-up funding and/or new investments
• Explanation of how the prize money would be used
• Description of your profit model

Please note: BDCC is offering a free information session for interested contestants on February 12, 2009, at 3:30 p.m. in Room 2 East at the Marlboro College Technology Center. In addition, the Small Business Development Center (SBDC) will be hosting a "Start Your Own Business" seminar covering business plans and financials on February 25, 2009, from 9 a.m. to 12 p.m. at BDCC. To register, go online to http://www.vtsbdc.org and click on the link for "statewide training opportunities." BDCC offers additional free Resources to help you in the process of preparing your Executive Summary for the competition and, for the selected finalists, your Business Plan.