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Business Plan Competition

This event will be held in a virtual format. More details to come.

Aspiring entrepreneurs can vie for cash prizes in our Shark Tank-style Business Plan Competition. All Adelphi students are eligible to submit innovative ideas for new business ventures in this annual contest sponsored by the School of Business.

Finalists will present their proposals to a panel of judges drawn from our faculty and business leaders, competing to win $11,000 in cash prizes: $5,000 for first prize, $3,000 for second, $2,000 for third and a $1,000 award for the best two-minute sales pitch.

Step 1: Review the Guidelines

Get detailed instructions on what should be included in your preliminary proposal summary and quick video pitch. 

Step 2: Submit a Preliminary Business Proposal

All contestants must submit a completed entry form, including a preliminary business proposal.

Step 3: Advance to the Final Round

A panel of judges composed of faculty members, Willumstad staff and business professionals will review the preliminary proposals for completeness, innovation and financial viability. They will narrow the field, inviting select participants to prepare full-fledged business plans.


  • Maven Media – Elena Garcia, Interdisciplinary Studies, May 2020
  • Roommate Exchange – Duc Le, Graduate Student, AUI, Spring 2020
  • Eden (An online market place for services) – Abie Rawad Akhand, Accounting, May 2020
  • Auto Fire Hazard Control System – Samrat Malik, Master of Business Administration, Marketing Candidate, May 2020
  • Mind Sports Training – Gabriel Balestero, Finance, May 2021

Step 4: Competition Day

Thursday, April 30, 2020: Contestants present their full-fledged business plan, showcase their proposed product or service and deliver a two-minute sales pitch to judges.

Competition Timeline

November 25, 2019
Preliminary business proposals are due

December 9, 2019
Names of those selected to advance will be announced

April 23, 2020
Full-fledged business plans are due

April 30, 2020
Competition day; winners are announced and prizes awarded


For more information about this competition, please contact:

Murat Erogul
Assistant Professor 
Robert B. Willumstad School of Business 
e –

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