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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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Fort Worth Local Development Corporation: 2 p.m. March 19, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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Canceled Central City Local Government Corporation: 2 p.m. March 19, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

Canceled AllianceAirport Authority: 2 p.m. March 19, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

Canceled Lone Star Local Government Corporation: 2 p.m. March 19, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

City Council Work Session: 3 p.m. March 19, 2019; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.
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City Council Meeting: 7 p.m. March 19, 2019; City Council Chambers, Second Floor, City Hall, 200 Texas Street.
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DFW International Airport Public Facility Improvement Corporation Board Meeting: 9 a.m. March 20, 2019; DFW Airport Headquarters Building, Board Room, 2400 Aviation Drive, DFW Airport, Texas 75261.
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Commercial Board of Adjustment Work Session: 9 a.m. March 20, 2019; City Hall, Second Floor, City Council Conference Room 290, 200 Texas Street.
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Commercial Board of Adjustment Public Hearing: 10 a.m. March 20, 2019; City Hall, Second Floor, City Council Chamber, 200 Texas Street.
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Egg Hunt Eggstravaganza at Victory Forest Community Center: 11:30 a.m. March 20, 2019; Victory Forest Community Center, 3427 Hemphill St.

Residential Board of Adjustment Work Session: 12:30 p.m. March 20, 2019; City Hall, Second Floor, City Council Conference Room 290, 200 Texas Street.
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Residential Board of Adjustment Public Hearing: 1:30 p.m. March 20, 2019; City Hall, Second Floor, City Council Chamber, 200 Texas Street.
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Art Commission Special Called Meeting: 5:30 p.m. March 20, 2019; Fort Worth Community Arts Center, 1300 Gendy Street, Fort Worth, Texas 76107.
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University Drive Improvements Project Meeting: 6 p.m. March 20, 2019; Fort Worth Zoo Education Building, 1989 Colonial Parkway.

Oscar Avenue & 36th Street Sewer Improvements Project Meeting: 6:30 p.m. March 20, 2019; Diamond Hill Community Center, 1701 NE 36th St.

Community Action Partners (CAP) Council: 9 a.m. March 21, 2019; Victory Forest Community Center, 3427 Hemphill Street, Fort Worth, Texas 76110.
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Disciplinary Appeal of Five-Day Suspension of Buddy Brisco: 9 a.m. March 21, 2019; Bob Bolen Public Safety Complex, Classroom #1134, 505 W Felix Street, Fort Worth, TX 76115.
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Urban Design Commission Work Session: 9:30 a.m. March 21, 2019; City Hall, Second Floor, City Council Conference Room 290, 200 Texas Street.
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Urban Design Commission Public Hearing: 10 a.m. March 21, 2019; City Hall, Second Floor, City Council Conference Room 290, 200 Texas Street.
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Court in the Community: 1 p.m. March 21, 2019; Goodwill Industries of Fort Worth, 4005 Campus Drive.

Fort Worth Housing Solutions Board of Commissioners Special Meeting: 3:30 p.m. March 21, 2019; FWHS Administrative Office, Board Room, 1201 East 13th Street, Fort Worth, Texas.
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Trinity River Public Facility Corporation Board of Directors Special Meeting: 5 p.m. March 21, 2019; FWHS Administrative Office, Board Room, 1201 East 13th Street, Fort Worth, Texas.
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Fort Worth Affordability, Inc. Board of Directors Special Meeting: 5 p.m. March 21, 2019; FWHS Administrative Office, Board Room, 1201 East 13th Street, Fort Worth, Texas.
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Fort Worth Housing Solutions Board of Commissioners Regular Meeting: 5 p.m. March 21, 2019; FWHS Administrative Office, Board Room, 1201 East 13th Street, Fort Worth, Texas.
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Ironwood Crossing Public Facility Corporation Board of Directors Special Meeting: 5 p.m. March 21, 2019; FWHS Administrative Office, Board Room, 1201 East 13th Street, Fort Worth, Texas.
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Marine Creek Drainage Basin Project Meeting: 6:30 p.m. March 21, 2019; Greenfield Elementary School Cafeteria, 6020 Ten Mile Bridge Road.

WORKSHOP: Crime Prevention 101: 6:30 p.m. March 21, 2019; Northside Community Center, 1100 NW 18th St.

Walking Town Hall: 9 a.m. March 23, 2019; Diamond Hill Community Center, 1701 NE 36th St, Fort Worth, TX 76106.

Spring Carnival at Chisholm Trail Community Center: 10 a.m. March 23, 2019; Chisholm Trail Community Center, 4936 McPherson Blvd.

Worth Heights Field Trip - The Star in Frisco: 2 p.m. March 23, 2019; Worth Heights Community Center, 3551 New York Ave.

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