Kabara business competition deadline is Feb. 1

All SMU Winona campus fulltime undergraduates are encouraged to submit business plans for a student-run, on-campus business, hosted by the Kabara Institute for Entrepreneurial Studies. Proposals may be submitted by individuals or by groups of no more than three students. There is a limit of two proposals per student.

Each proposal should include:
• a concept statement
• anticipated startup costs
• a preliminary marketing plan
• potential suppliers and/or manufacturing processes (as applicable)
• a discussion of operating considerations (staffing, operating hours, etc.)
• pro-forma financial statements for the first year of operation
• contact information for the individuals submitting the proposal

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Entries will be evaluated based on the quality of the proposal and its feasibility, ability to involve students in the operation of the business, and creativity.

Deadline for submissions is Feb. 1. Prizes totaling $1,500 will be awarded for meritorious qualifying projects: $900 for first place; $400 for second place; and $200 for third place. Winners will be honored and will make a presentation at the SMU Chicago Convention at the end of February.

Questions and proposals should be directed to
Teresa Speck, Campus Box 56, Ext. 1449 or tspeck@smumn.edu.