The Tech Valley Collegiate Business Plan Competition is hosted by the Severino Center for Technological Entrepreneurship at Rensselaer Polytechnic Institute’s Lally School of Management and Technology in Troy, New York. The competition is designed to advance learning and introduce students to the career choice of entrepreneurship. The contest is also sponsored by Heslin Rothenberg Farley & Mesiti P.C., Rensselaer’s Incubator Program, and the Center for Automation Technologies and Systems (CATS), with support from The Center for Economic Growth.

The winners of the Tech Valley Collegiate competition take home up to $50,000 in cash and prizes. The cash awards are as follows: first place – $5,000, second place – $4,000, and third place – $3,000.

    The Fitzgerald Institute of Entrepreneurial Studies at the University of Akron has hosted its business plan competition since 2002. However, the Fitzgerald Institute web site lists no information on results from the 2006 competition or details for a possible 2007 competition. All information in this article will assume that the competition is on-going.

    Competition organizers at University of Akron have traditionally divided the teams into two divisions: graduate and undergraduate categories, each with their own finalists and independent prizes. The 2005 competition awarded $3,000 to first place in each category, with second getting $2,000. The 2006 competition site does not mention the different divisions, just prizes of $2,500 for first place, $1,500 to second, and $500 for the third place winner.

    Gonzaga University’s Business Plan Competition is hosted by the school’s Hogan Entrepreneurial Leadership Program in cooperation with Eastern Washington University’s Center for Entrepreneurial Activities and Whitworth College’s School of Global Commerce and Management. The competition claims to be the largest in the inland Northwest and provides more than $42,000 in prize money.

    In addition to the three institutions of higher learning that participate, there are three different categories for competition. First is the Student-Generated division – all members of the team must be enrolled students and their business must be based on an original student idea. First place in this competition is sponsored by Itron Corporation and the winner takes home $10,000. Second place receives $5,000, and third gets $2,500.

    The G. Steven Burrill Technology Business Plan Competition is hosted by the University of Wisconsin-Madison and supported by that institution’s School of Business, College of Engineering, College of Agricultural Sciences and Law School, as well as the Initiative for Studies in Technology Entrepreneurship and the University of Wisconsin Technology Enterprise Cooperative.

    The competition is named for G. Steven Burrill, chief executive officer of the Burrill & Co. investment firm in San Francisco, who earned his bachelor’s degree from UW-Madison’s School of Business in 1966. It has existed since 1998, but it was originally known as UW TEC Prize.