Economic Fuel | Official Rules and Entry Guidelines
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Step 4: Submit a Business Plan

 EF
1.
Teams are required to submit a business plan for a start-up or early stage venture, in substantial conformity with the instructions in the Registration Packet, and no later than the specified deadline. Business plans missing required major components will be immediately disqualified.

2.
Business Plan Requirements:

Teams must submit seven hardcopies and one electronic copy (on CD, PDF format preferred) of your business plan before 5:00pm on Monday, March 23, 2009 at the College of the Redwoods Eureka Downtown Instructional Site, 605 K St., Eureka.

  • It is highly recommended that teams use the resources available at www.economicfuel.org.
The Business Plan, including the body and the appendix, must be no longer than 40 pages in total.  The narrative portion of the plan must be typed, 11 pt. Arial font, double-spaced, with one inch margins of text on 8 ½” x 11” paper.  Financial statements, charts and diagrams must be typed on 8 ½” x 11” paper, but are not required to be double spaced, have one inch margins or be in Arial font. The font size for financial statements, charts and diagrams should not be smaller than size 10 font. The cover sheet will not be counted toward the 40-page limit.

3.
All teams submitting written business plans must also submit a completed Competitor Media Release Form electronically to theteam@economicfuel.org before 5:00pm on Monday, March 23, 2009.  Blank Competitor Media Release forms are available to be downloaded from our website at www.economicfuel.org.

4.
Teams who are interested in displaying a tradeshow/showcase exhibit at the location of the Elevator Pitch Presentations must sign up to reserve table space before 5:00pm on Monday, March 23, 2009. You should only sign up to reserve a space if you know that you will have a display to set up.

5.
All submitted materials must be the original creative work of the participating team and generated specifically for Economic Fuel.  Plagiarism, as determined by the Judging Panel, will result in disqualification.

Step 5: Present an Elevator Pitch
1.

Elevator Pitch Presentations will be on Thursday, March 26, 2009 from 6:00pm - 8:00pm in the Kate Buchanan Room at HSU.

2.
The student team leader will present the team’s Elevator Pitch. Two minutes maximum (time limits will be strictly enforced). No visual aids may be carried on stage. Presenting samples or gifts, including business cards, to the judges is not allowed. Teams will be chosen to present in alphabetical order.
3.
Competitors who submit business plans are invited to display a tradeshow/showcase exhibit from 5:00pm - 8:00pm on Thursday, March 26th in the Karshner Lounge outside of the Kate Buchanan Room at HSU.  These exhibits are not mandatory and will not be judged.  This is an opportunity for teams to display information about their products and/or services for public viewing.   Exhibit Guidelines will be available on our website at www.economicfuel.org.

Step 6: Present a Plan to the Panel of Judges
1.
Finalist teams will give their formal presentations on Monday, April 27 and Tuesday, April 28, 2009 from 6:00pm - 8:30pm in the Kate Buchanan Room at HSU.

2.
Eight finalist teams, four per night will be selected to present their business plans to the judging panel.
3.
Each team will have 10 minutes to present with up to 20 minutes of questions from the judges (time limits will be strictly enforced).
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