Hadley announces 2019 New Venture Competition
Have you always dreamed of starting your own business? Hadley can help! Submit your business plan and you may win up to $30,000 to bring your dream to life.
Hadley's competition is open to legally blind US residents who successfully complete at least one course from our Forsythe Center for Employment and Entrepreneurship and will have a significant operational role and majority ownership in the new business. The business under consideration must reside within the US. This competition is intended for new ventures in the start-up, or early growth stages of business development.
Words of Wisdom from Past Winners:
Hear from past winners, Satauna Howery and Eileen Vasquez, on what they wish they knew, what lessons they learned, and how the competition changed their outlook towards their business.
How to Apply:
Submit your business plan. Plans are limited to 10 pages, including a required one-page executive summary. In addition, up to five pages of supporting appendices can supplement the plan.
Applicants must report a full one-year financial projection, including a cash flow statement, balance sheet and income statement on a monthly basis.
Plans are judged on the likelihood of achieving a viable new venture. The outcomes of the judges' decisions as to award amounts and award recipients are final. Learn more about how submitted plans will be evaluated: Rules and Rubric (RTF format).
Cash awards are not to exceed $30,000. We will recognize award recipients at the Annual meeting of the Hadley Board of Trustees on September 12, 2019. Winners must be present to receive a cash award.
TIMING: Upload submissions to firstname.lastname@example.org in Word and Excel formats only by midnight Central Time on June 16, 2019.
Participant Rules and Requirements:
If you participate in Hadley Institute for the Blind and Visually Impaired's New Venture Competition, you agree to accept and abide by its rules. Hadley Institute for the Blind and Visually Impaired reserves the right to:
- update, add to or subtract from the competition's rules at any time;
- refrain from giving any cash award to any applicant to the competition;
- refrain from awarding the full amount of available funds in the pool; and
- deny an applicant to the competition for any or no reason.
The following business models are excluded from the competition: buy-outs, real estate related investments, tax shelters, franchises, or businesses covered by the Randolph-Sheppard priority. Randolph-Sheppard vendors are encouraged to apply if they have a business plan to expand into the private sector for a venture unrelated to their Business Enterprise Program facility.
Contact FCE@hadley.edu if you have any questions.