Introducing the 2022 HBCU Business Case Competition

Sponsored by:

$25K in Total Prizes for HBCU Entrepreneurs.
Nurturing a New Generation of Wealth Builders.

 

Black Wealth Summit was created with generational wealth in mind. The HBCU Business Case Competition is central to how BWS plans to engage our young people to own their own wealth journey, live by choice, and thrive with greater wealth equity. It begins with our young, black, and brilliant.

The HBCU Business Case Competition is designed to encourage students to explore entrepreneurship – activating one of the most significant paths to real wealth creation.

So, if you attend a Historically Black College and University as a student, we invite you to form your team, sign up for free, and compete for the winning prize and HBCU bragging rights.


Key Dates to Remember:

Registration Deadline: October 1, 2022 at 11:59 P.M.
Business Case Submission Deadline: October 7, 2022 at 11:59 P.M.
Presentation Deadline: October 21, 2022 at 11:59 P.M

Here’s How to Get Started!

DETERMINE YOUR ELIGIBILITY

Participating Teams must have members who are currently enrolled at a HBCU with at least one full-time undergraduate or graduate student.

FORM YOUR TEAM

Participating Teams may consist of 2 – 4 members who are currently enrolled students at an HBCU. Members must either be an undergraduate or graduate student (at least one member must be a full-time student).

Additional considerations include:
• Must designate a team lead
• Must submit verification of student status
• No finalist substitutes are allowed

REGISTER YOUR INTENT TO PARTICIPATE

Participating Teams must register by October 1, 2022 at 11:59 P.M.

Click here to complete the registration.

CONCEIVE & DEVELOP YOUR BUSINESS CASE IDEA

Participating Teams must work together to draft an original business case study that consists of no more than 10 (ten) pages, excluding cover page.

The Submission should include:
• An overview of the business, its mission and vision.
• What business problem does the product/service solve?
• Description of the product/service.
• Provide a market overview, including target customers.
• Description of your competitive environment and your competitive strategy.
• A Business Operating Model. How will your business operate?
• Description of your management team. What are the clear areas of responsibility?
• Financials: Share your detailed 3-year projected income statement.
• How much capital do you need? Why?
• Summary of your case.
• Designation of Team Lead.
• Designation of School Sponsor.

SUBMIT YOUR BUSINESS CASE

Participating Teams must submit their original business case in time for evaluation. Late submissions unfortunately won’t count. Click here to submit your business case.

• Entry Submission Deadline: October 7, 2022 at 11:59 P.M.
• Approved Submission File Types: PDF

WAIT FOR THE ANNOUNCEMENT OF FINALISTS

Following thorough evaluation by BWS Panel of Industry Wealth Leaders, the finalists will be selected and announced on October 17, 2022

PREPARE YOUR LIVE (RECORDED) PRESENTATIONS

Finalists must prepare and record a presentation of their original business case, telling a compelling business case story for adjudication.

Additional considerations include:
• Recordings must not exceed 15 mins max
• Each team member must present an aspect/section of the business case
• Practice presenting with a mentor/coach to refine

SUBMIT YOUR PRESENTATION FOR JUDGING
Finalists must submit the recorded presentation of their original business case by October 21, 2022 at 11:59 P.M. Click here to submit your presentation

The winners will be announced live at the BWS Award Ceremony on October 28, 2022.

The judging criteria is as follows:
• Quality of Idea (20%)
• Viability and Scalability of Model/Strategy (20%)
• Market Attractiveness and Exit Potential (20%)
• Investor Interest Level (20%)
• Quality of Written Work (10%)
• Financial Projections (10%)

The Prizes are as follows:
• 1st Prize – $12,000
• 2nd Prize – $8,000
• 3rd Prize – $5,000

BE PART OF THE AWARDS PRESENTATION

We enthusiastically invite all teams to join us in person for the Award Ceremony.
However, if attending virtually suits better this year, we invite all students to take full advantage of the collegiate curriculum and complimentary virtual admission to this year’s Black Wealth Summit, made possible by our like-minded, purpose-driven sponsors.

Click here to attend virtually.

2021 HBCU Business Case Competition Winner

Testimonial from the Generation(s) Team:

The Black Wealth Summit has propelled the Generation(s) team to new heights. During the program, we had significant exposure to seasoned investors, competed against top HBCU scholars, and received support from The Black Wealth Summit Team well after competition concluded.

  • Exposure to Industry Leaders. During the competition, we had the chance to meet three seasoned investors who posed several thought-provoking questions to team. This challenged our views on the business, which allowed us to refine various aspects of our thesis and paint a clearer path to providing financial solutions to college students.
  • Competition vs Top HBCU Scholars. As entrepreneurs, having a network is critical to the business’s success. With the COVID-19 Pandemic hindering our ability to network with other bright scholars, the HBCU BWS Case Competition allowed us to connect with peers across the United States and even open opportunities to collaborate in the future. Not to mention how inspiring the other participant’s pitches were – as the proverb goes, “Iron sharpenth iron…”.
  • Post-Competition Support. Even after the competition concluded, Ms. Robinson served as a critical advisor to the business and connected us to various investors and others who were interested in seeing the business reach its fullest potential.

The Generation(s) Team gives our highest recommendation to the Black Wealth Summit and the HBCU Case Competition. It is a launchpad of greatness and can provide the tools necessary to elevate your business to the next level.

 

Eric Gallardo

Joseph Ramirez

Interested in Participating?

Sign up to get support, and prepare for competition.

Need more information?

Download the 2022 HBCU Case Competition Flyer

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