Brownpreneurs is offering an excellent competition named the business plan scholarship competition. High school and college students can participate in this competition .students must be live in St. Louis City, St. Louis County, Jefferson County, or St. Clair County, Illinois. Students must create a business plan which is pitched to the judges. The top 3 students will be given prizes from the students who will win this competition. This competition aims to know the best business idea and increase the deserving students’ worth.
The business plan you write at least twelve-page in length should be clear and visible. You can participate in this program indivisibly; you cannot participate with any team or partner. The students who have participated in this competition should be between 14 to 21 years old, and they should be mature. This competition will increase your thinking and make yourself innovative, and it will reduce your financial burden. The top ten winners will be invited for the pitching judges.
“Brownpreneurs is a nonprofit organization located in Saint Louis. The primary mission of this association is to provide entrepreneurial training workshops for African-American high schools and colleges to develop the next generation of brown entrepreneurs. The main focus of this association is to convert your thinking into a business plan and make the business plans with the help of knowledge.
To get quick information regarding the program, please check out the table below:
|Education level||High school and college students|
|Number of awards||3|
|Application deadline||January 7, 2022|
|Requirement||Business plan of 12 pages|
Who is Eligible?
The Scholarship Program is open to students who meet the following eligibility requirements:
- Students must be currently enrolled as a junior or senior in high school or actively full time enrolled in college.
- The age of the participant should be between 14 to 21 years.
- Participants must live in St. Louis City, St. Louis County, Jefferson County or St. Clair County, Illinois.
- Participants must take an interest in the business.
How to Apply?
To apply to this scholarship process, the candidates must write down a business plan and business plan has some requirements given below:
- The business plan should be at least twelve (12) pages in length
2. Pages must Include the following ten (10) sections:
- Cover Page
- Executive Summary
- Business Description
- Products / Services
- Market Analysis
- Sales / Implementation Strategy
- Competitive Analysis
- Marketing Plan
- Organization & Management Plan
Submit your business plan in Word or PDF format only. The association will not accept those Business plans submitted via Google sheets. Students can mail their business plans through firstname.lastname@example.org.
There are three prizes, so the benefit of each award is different, which is given below:
- 1st place- $5000 cash prize
- 2nd place – $3000 cash prize
- 3rd place- $1000 cash prize
Please send your mail or email before January 7th at 7:59 PM. After the deadline, no applications will be accepted. So hurry up; maybe you are the winner of this competition.