Partnership on Nonprofit Ventures Business Plan Competition

Posted by on June 26, 2004

[posted from RFP Bulletin]

Partnership on Nonprofit Ventures Invites Applications for Third National Business Plan Competition
Deadline: July 16, 2004

A joint program of the Yale School of Management, the Goldman Sachs Foundation, and the Pew Charitable Trusts, the Partnership on Nonprofit Ventures (<a href="http://ventures.yale.edu/">http://ventures.yale.edu/</a>) runs the National Business Plan Competition for Nonprofit Organizations. This annual competition is open to nonprofits seeking to start or expand successful profit-making ventures.

The competition takes place over the course of one year and includes several rounds of evaluation. All entrants receive comprehensive feedback from the program’s team of evaluators.

In May 2005, the final twenty entrants will attend the Third Annual Conference and Awards Ceremony, where a panel of judges will select four grand-prize winners, each of whom will receive $100,000, and four semi-finalists, each of whom will receive $25,000. In addition to the cash awards, the winners will receive hundreds of hours of business-planning consultations to assist their organizations in moving their ventures forward.

Nonprofit organizations of all types are invited to enter. To be eligible, the nonprofit organization must have established 501(c)(3) status and must be headquartered in the United States. In addition, the earned-income venture must be in its planning stages or have been in operation for no more than twenty-four months as of July 16, 2004.

The venture may be a nonprofit subsidiary, a for-profit subsidiary, or a program of the nonprofit organization, and entrants may operate or seek to operate various types of business ventures, including service-related (fee-for-service); product-related (manufacturing and/or sales); cause-related marketing; and renting or leasing property.

See the Partnership on Nonprofit Ventures Web site for complete program guidelines and eligibility guidelines.

RFP Link: <a href="http://ventures.yale.edu/aboutcompetition.asp">http://ventures.yale.edu/aboutcompetition.asp</a>

For additional RFPs in Philanthropy and Voluntarism, visit: <a href="http://fdncenter.org/pnd/rfp/cat_philanthropy.jhtml">http://fdncenter.org/pnd/rfp/cat_philanthropy.jhtml</a>