Registration for the Food Lab Challenge Prize are invited beginning on June 1, 2014. We ask that you nominate a principle contact for your team and submit your team’s primary contact information here. Please submit corrections or questions here.
By September 30, 2014, all registered team contacts will receive detailed business plan submission instructions via email. The deadline for the submission of completed business plans (ensuring eligibility for prizes) is September 30, 2014 at 11:59PM CST. Entries must target the food industry and address or be related to at least one of the following broad categories:
- Inputs and production
- Processing, packaging and safety
- Storage and distribution
- Healthy eating and food education
General entry guidelines and dates of importance:
- The entry must be composed of a process, product, service, or technology.
- For the initial round of competition, each entry must consist of three elements that are submitted:
- A completed application (distributed to only those who have registered)
- A narrative of the business proposal that does not exceed two pages (in the format of a PDF)
- A 200 word abstract of the business plan (that may be made publicly available).
- The 20 teams that are invited be compete as finalists must submit: a narrative of the business proposal that does not exceed 15 pages, a 200 word abstract of the business plan (that may be made publicly available), and a presentation, prototype, video or other visual representation suitable for your business model**
- Teams invited to participate in the announcement of the finalist teams (November 1, 2014, Austin, Texas). On November 1, 2014, finalist teams will be paired with mentors
- Registration for the competition opens June 1, 2014 and continues through September 30, 2014. We advise teams to register early.
- Initial round of competition entries must be received by September 30, 2014 at 11:59PM CST. Finalist teams will be notified after October 1, 2014 of their finalist status.
Haven’t written a business plan before? Need some more information to help you reach these guidelines? We’ve compiled a short list of online resources that you might find helpful:
- Small Business Administration guide to writing a business plan
- A more recent approach to business planning in the Business Model Canvas
- A video series on the Business Model Canvas
- The lean startup is easily holding the most “get started” buzz around business formation
- Nate Lustig provides a great getting started guide to entrepreneurship
- TED is a great resource to see a lot of wonderful speakers, but sometimes the speakers speak on how to speak effectively