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Registration now open for eighth annual Business Plan Competition

Posted May 7, 2018

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The City of Fort Worth and Capital One Bank are looking for businesses to compete for more than $50,000 in cash and in-kind services as part of the eighth annual Business Plan Competition.

Participants will be judged on how well they develop a business plan, or enhance an existing plan, to reflect improvement in their market competitiveness and increase their bottom line.

The competition is a partnership between the city’s Office of Small Business and United Way of Tarrant Countys “Kernel Live!” program, which fosters social innovation in Tarrant County and provides resources and seed funding for organizations and programs that combine social impact with a sustainable revenue model and an innovative approach to solving challenges in the community. This partnership allows participants to receive the benefits of both competitions while also receiving business plan training at the Business Assistance Center.

Capital One is the presenting sponsor of the competition.

How to apply

Applicants must be a business with a DBA registered in Tarrant County, and must have an annual revenue of less than $500,000.

Those interested can register for the Business Plan Competition. Applications for this year’s competition are due by midnight June 15.

Competition details

Once all entries are received, 25 businesses will be selected and provided with five weeks of group training. Additional resources from the Business Assistance Center (BAC) will be available, such as one-on-one counseling, professional development workshops and coaching from industry experts. These resources will be provided through the BAC’s partnerships with Tarrant Small Business Development Center, SCORE, and the business colleges at TCU and the University of Texas at Arlington.

Final business plans will be due Sept. 10, and 10 businesses will be selected from this round to compete in front of judges during a Pitch Night on Oct. 11. The top three finalists will compete Oct. 25 for the prize packages, which include $10,000 cash for first place, $5,000 for second place and $3,000 for third place. Additionally, numerous businesses have donated in-kind services for the three finalists.

More information about competition details is available on the Business Plan Competition website.

About the competition

The Business Plan Competition was founded in 2011 as a partnership between the City of Fort Worth’s Office of Small Business, Capital One Bank, the Alternative Board and the Business Assistance Center. The competition encourages small-business owners to manage and operate their businesses according to a well-researched written plan, which will have a positive impact on their bottom line and strengthens their ability to generate revenue and create jobs.

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Tarrant County Adult Education & Literacy Consortium Meeting: 9:30 a.m. Sept. 20, 2018; Workforce Development Board Offices, 1320 South University Drive, Suite 600.
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Urban Design Commission Work Session: 9:30 a.m. Sept. 20, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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Urban Design Commission Public Hearing: 10:30 a.m. Sept. 20, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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In's and Out's of Doing Business Globally: 11:15 a.m. Sept. 20, 2018; James E. Guinn Entrepreneurial Campus, 1150 S. Freeway.
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City of Fort Worth “Monthly Informational Forum for M/WBEs”: 11:30 a.m. Sept. 20, 2018; James E. Guinn Entrepreneurial Campus - Fort Worth Business Assistance Center, 1150 South Freeway.

Community Action Partners Council: 1:30 p.m. Sept. 20, 2018; Fort Worth City Credit Union, First Floor Board Room, 2309 Montgomery Street.
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Lake Worth Regional Coordination Committee Meeting: 2 p.m. Sept. 20, 2018; Lake Worth Multi-Purpose Center, 7005 Charbonneau Road, Lake Worth, TX 76135.

Aviation Advisory Board: 4:15 p.m. Sept. 20, 2018; Fort Worth Meacham International Airport, 201 American Concourse, Suite 306.
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Disciplinary Appeal of Kenneth Pierce: 4:30 p.m. Sept. 20, 2018; Law Conference Room 320, Third Floor, City Hall, 200 Texas Street.
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Task Force on Race and Culture (RESCHEDULED 9/24): 5 p.m. Sept. 20, 2018; Oak Hall, Deborah Beggs Moncrief Garden Center, 3220 Botanic Garden Boulevard.
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Fort Worth Housing Solutions Board of Commissioners Meeting: 5 p.m. Sept. 20, 2018; FWHS Administrative Office Board Room, 1201 East 13th Street.
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Trinity River Public Facility Corporation: 5 p.m. Sept. 20, 2018; FWHS Administrative Office Board Room, 1201 East 13th Street.
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Eastwood Public Facility Corporation: 5 p.m. Sept. 20, 2018; FWHS Administrative Office Board Room, 1201 East 13th Street.
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Ironwood Crossing Public Facility Corporation: 5 p.m. Sept. 20, 2018; FWHS Administrative Office Board Room, 1201 East 13th Street.
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Matador Ranch Public Facility Corporation: 5 p.m. Sept. 20, 2018; FWHS Administrative Office Board Room, 1201 East 13th Street.
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Penn Place Public Facility Corporation: 5 p.m. Sept. 20, 2018; FWHS Administrative Office Board Room, 1201 East 13th Street.
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Sedona Public Facility Corporation: 5 p.m. Sept. 20, 2018; FWHS Administrative Office Board Room, 1201 East 13th Street.
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September Master Compost 3-day: Sept. 20, 2018,–Sept. 22, 2018; Fort Worth Botanic Garden, 3220 Botanic Garden Blvd.
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Calmont Elevated Storage Tank Repair & Repainting Project Meeting: 6:30 p.m. Sept. 20, 2018; R.D. Evans Community Center, 3242 Lackland Road.

North Beach Street Public Art Kick-off Event: 9 a.m. Sept. 22, 2018; Fort Worth Police Department Sixth Patrol Division, 8755 N. Riverside Drive.

Crud Cruiser Mobile Waste Collection: 9 a.m. Sept. 22, 2018; MET Church , 11301 Old Denton Rd.

Litter Cleanup at Chisholm Trail: 9 a.m. Sept. 22, 2018; Chisholm Trail Community Center, 4936 McPherson Blvd.

Responsible Pet Ownership Class (Spanish): 9 a.m. Sept. 22, 2018; Chuck Silcox Animal Care & Adoption Center, 4900 Martin Street.

Building Standards Commission Pre-Meeting: 9 a.m. Sept. 24, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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Building Standards Commission Meeting: 9:30 a.m. Sept. 24, 2018; Council Chambers, Second Floor, City Hall, 200 Texas Street.
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Task Force on Race and Culture: 5 p.m. Sept. 24, 2018; University Christian Church, 2720 S University Drive.

Joint Meeting of Fort Worth Housing Finance Corporation and Fort Worth Local Development Corporation: 2 p.m. Sept. 25, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

Fort Worth Local Development Corporation: 2 p.m. Sept. 25, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

City Council Work Session: 3 p.m. Sept. 25, 2018; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

Active Transportation Projects Open House: 6 p.m. Sept. 25, 2018; Fort Worth Central Library, 500 W 3rd St.

City Council Meeting: 7 p.m. Sept. 25, 2018; Council Chambers, Second Floor, City Hall, 200 Texas Street.

View the full city calendar and current meetings.