“Ignoring the importance of business planning can be detrimental to your company’s existence.”

~Karlene Sinclair-Robinson

Business Accelerator Competition


2019 marks the launch of the 'Accelerate Your Business Challenge: Business Planning & Pitch Competition.' This competition is open to startups and business owners who live and operate in the following jurisdictions: Virginia, DC, Maryland.

The 'Accelerate Your Business Challenge: Business Planning & Pitch Competition' is designed to engage and enhance the entrepreneurial journey for those individuals seeking to fully launch and grow their business ventures. It is a cross-over between a business planning contest and a pitch competition.

Entering this competition affords registrants the opportunity to potentially win the competition top prize of $10,000 or any of the other fantastic prizes. The entries will go through a rigorous judging process. The entries that make it to the final round must align with our mission of bringing great ideas to the market and the opportunity to aid the local economy through job creation.

All business plans and other applicable information will be treated with the utmost confidential process. Entrants must agree to our terms and conditions to be eligible to go through to the final round, and possibly win prizes.

Competition Prizes:

1st Place Winner -

$10,000

2nd Place - 1st Runner-up

$5,000

3rd Place - 2nd Runner-up

$2,000

REGISTRATION DEADLINE: 

Saturday, August 31, 2019

Eligibility Terms & Conditions ENTER THE CHALLENGE
Registration Fee:

$50 

Requirements:

First Round

  • Application
  • Business Plan - maximum pages 24
  • Registration Fee

All required first round items must be submitted via mail and email no later than 11:59 pm on 8/31/2019

Second Round

  • Pitch Deck - maximum slides 12
  • Video - maximum length 2 minutes

SUBMISSION GUIDELINES NOTICE: Please read the Eligibility terms and conditions before submitting any information.

Eligibility Terms & Conditions
Competition Timeline:

Registration Starts: Monday, July 15, 2019

Deadline to Enter:  Saturday, August 31, 2019

Awards Ceremony: 

Wednesday, December 4, 2019

NEED TRAINING?

Think you need assistance with developing your business plan? Attend a virtual business planning training session to help you get it done! 

Training - Enter Here!

Winner Prizes
    • Prize money of $10,000
    • 12-months of business development coaching through Spank The Bank Now Business Academy
    • Free access to 3 ecourses
    • Free access to business intensive training in the next 12 months
    • Autographed copy of Spank the Bank: The Guide to Alternative Business Financing
    • Listed on our website and shared through social media
    • And much more!


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1ST RUNNER UP – SECOND PLACE PRIZES

o    Prize money of $5,000

o    6-months of business development coaching through Spank The Bank Now Business Academy

o    Free access to 2 ecourses

o    Free access to a KSR’s business intensive and workshop in the next 12 months

o    Autographed copy of Spank the Bank: The Guide to Alternative Business Financing

o    Featured on our website and shared on our Social Media platforms

o    And much more


2ND RUNNER-UP THIRD PLACE PRIZES
    • Prize money of $2,000
    • 3-months of business development coaching through Spank The Bank Now Business Academy
    • Free access to 1 ecourse
    • Free access to 1 workshop in the next 12 months
    • Autographed copy of Spank the Bank: The Guide to Alternative Business Financing
    • Listed on our website and shared through social media
    • And much more

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