Fall 2024 Business Plan Competition

September 20, 2024 | Oliver J. Bell Unit

PEP is excited to have you join us for the Bell Fall 2024 Business Plan Competition Event.

The final ten teams will pitch their business plans for you to judge, scoring them based on specific criteria to decide which business stands out as the most viable.

meet the business teams get directions

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About the Business Plan Competition

You are to assume the role of a hypothetical investor in our participants’ businesses (although no real deals are made). Your job is to listen to business plan presentations from each of the ten teams and assess them based on four “Pitch Elements.” We are not trying to create business plans that are “good for an inmate.” These should be high-quality and well-planned business concepts, and your direct feedback will help improve their plans. You will also be able to support and encourage the men and their ideas.

Assessment

Excellent – Exemplary work
Adequate – Just enough
Absent – Something is missing

Pitch Elements

Create Demand – Relationship between customer segments and value proposition
to show how demand for the product/service will be created
Fulfill Demand – Key activities and resources required to produce the
product/service at sufficient quality and quantity to fulfill demand (Business Model)
Marketing – Choice of channels and content to show how to reach and
engage customers
Presentation – How well the team presents (eye contact, hand gestures,
engaging, and natural delivery/not monotone)

Business Plan Competition Schedule

08:30 am

Arrival and Check-In

Please ensure that the only things you bring into prison are your driver’s license, car keys and pre-approved medical devices. (No cell phones, smart watches, food, liquids, knives, bombs, wild animals)

09:00 am

Breakfast mix and mingle w/participants

This is an excellent opportunity for you to get to know the participants in the class.

09:45 am

Tunnel of Love and Intro to Event

10:20 am

Round One Pitches

11:45 am

Lunch

Another great opportunity to connect with the class members over a specially prepared meal.

12:15 pm

PEP Clubhouse

A public forum with the Class, Servant-Leaders and Volunteers to introduce objective dialogue and positive conflict resolution based on preset topics.