ALDAG Student BUSINESS PLAN Competition

The 2024 Edward K. Aldag Jr. Student
Business Plan Competition

SEE THE WINNERS!

NEW IDEA ROOM 1

  • CLARITY COATING
  • CRUZO
  • INSIGHT INDOOR
  • PASSION PROJECT
  • RED’S HELPERS
  • SPOTTR
  • SUPERTIREZ

NEW IDEA ROOM 2

  • ALTITUDE CHEER
  • GENHOME HUB
  • LUMIHANG
  • MARKET MOCHA
  • NEUROVANTAGE
  • PRESSIFRID
  • QUIKSAND

ESTABLISHED CONCEPTS ROOM

  • ABI BREWER FINE ARTS
  • ALABAMA FRESH
  • AT YOUR SERVICE
  • CRIMSON CLEAN
  • GINKO
  • PYNE CAMPING
  • SHAN LATRIS

GRAND PRIZE ROOM

  • BOOST
  • MICROTYPE TECHNOLOGIES
  • MYPTJOURNEY
  • NEPHSOL
  • PANOPTES
  • TAPPEDIN
  • TRIJOX
Registration Has Closed
Judge's Sign-up Has Closed

Scroll Down for Important Dates

 

 

Registration Is Now Open

February 1st

Submit Your Intent to Compete

Sign-Up to be a Judge

Crimson Entrepreneurship Academy Application Portal is Now Open

February 15th

Sign-up if you are interested in being a part of the Crimson Entrepreneurship Academy

Competition Overview + Tips on Creating Your Presentation

Feb 27th from 5:00-6:30pm @ The EDGE Feb 28th from 5:00-6:30pm @ The EDGE

Registration EXTENDED!!!

March 18th at NOON!  

Registration closes on March 18th! If you are interested in competing please register as soon as possible!

Submit Your Intent to Compete

Draft PowerPoint Presentation – EXTRENED!!!

March 18th at NOON!

Instructions for Submitting PowerPoint

  • (Pages 2 – 5)

Dr. Welbourne will be reviewing each draft presentation and giving feedback to use for the final presentation. Expect feedback around March 25th.

The Draft PowerPoint submission confirms you plan to compete and is a mandatory requirement.

If you are in need of an extension on your PowerPoint, please contact Jenni Miesse Whinery at jmiesse@ua.edu or call 205-348-3345.

Please register first!

Aldag Workshops

GENERAL: March 21st | 5:00-7:00pm | The EDGE FINANCIAL: March 27th | 5:00-7:00pm |The EDGE

Register HERE

Submit You Finalized PowerPoint Presentation + YouTube Video

April 3rd @ 11:59pm CST

Review the following documents for full requirements:

Aldag Coaching Hours

Date and Time: TBD Location: The EDGE

Schedule an appointment via Dr. Theresa Welbourn’s Calendly Link

Schedule an appointment via Earl Evens

Schedule an appointment via Leverett Powell

Aldag Competition Opening Round

VIRTUAL – April 11th from 12:30pm – 5pm

Round 1: All teams participate in live Q&A with 15 minutes of judge questions via Accelevents

  • Join our Accelevents platform HERE

Judges will decide which teams advance to Round Two.

*Note, teams not advancing to Round Two are still eligible to win certain other prizes.

Aldag Competition Final Round

IN-PERSON – April 12th from 8am – 7pm

Round 2: Competition groups will take place simultaneously. Round Two competitors will be given a 25-minute slot and have up to 10-minutes for a live presentation,  and up to another 15-minutes for live Q&A . Judges will then have 5 minutes to take notes before the next team begins. Based on judge deliberations, there could be multiple prize winners within each group.

Winners Announced

April 12th

Note: Teams are encouraged to meet with judges/coaches after the competition for feedback. These interactions can be scheduled through the mentorship module within each StartupWind group.

  • Instructions for Submitting PowerPoint
  • (Pages 2 – 5)
  • Dr. Welbourne will be reviewing each draft presentation and giving feedback to use for the final presentation. Expect feedback around March 19th.
  • The Draft PowerPoint submission confirms you plan to compete and is a mandatory requirement.
  • If you are in need of an extension on your PowerPoint, please contact Jenni Miesse Whinery at jmiesse@ua.edu or call 205-348-3345.
  • Please register first!
  • March 21, 5 – 7 p.m. at The EDGE | General Workshop
  • March 27, 5 – 7 p.m. at The EDGE | Financial Workshop
  • Register
  • Register
  • Schedule an appointment via  Dr. Theresa Welbourn’s Calendly Link
  • Schedule an appointment via  Earl Evens’ Calendly Link
  • Schedule an appointment via  Leverett Powell’s Calendly Link
  • Round 1: All teams participate in live Q&A with 15 minutes of judge questions via Zoom.
  • Judges will decide which teams advance to Round Two.
  • *Note, teams not advancing to Round Two are still eligible to win certain other prizes.
  • Round 2: Competition groups will take place simultaneously. Round Two competitors will be given a 25-minute slot and have up to 10-minutes for a live presentation,  and up to another 15-minutes for live Q&A . Judges will then have 5 minutes to take notes before the next team begins. Based on judge deliberations, there could be multiple prize winners within each group.
  • Teams are encouraged to meet with judges/coaches after the competition for feedback. These interactions can be scheduled through the mentorship module within each StartupWind group.
  • All 2023 Aldag competitors will receive a gift. Winners will be asked to sign the paperwork, pick up their trophies, and take celebratory photos.
View the 2024 Winners

What's At Stake

Grand Prize

$50,000

First Prize

$5,000

Second Prize

$3,000

Third Prize

$2,000

Established Concept Prize(s)

Prize 1: $5,000
Prize 2: $3,000
Prize 3: $2,000

New Business Idea
Prize One

Prize 1: $2,500
Prize 2: $1,500
Prize 3: $1,000

New Business Idea
Prize Two

Prize 1: $2,500
Prize 2: $1,500
Prize 3: $1,000

Best Teamwork

$500

Best New Idea

$500

Crowd Favorite

$500

Social Entrepreneur

$500

Alabama Power Foundation Innovation Technology Awards

This year a series of special awards are made possible by the Alabama Power Foundation. The Alabama Power Foundation Innovative Technology Awards for students offer three cash prizes totaling $10,000 ($5,000 first prize, $3,000 second prize, and $2,000 third prize) for the most groundbreaking technology-focused idea.

First Prize

$5,000

Second Prize

$3,000

Third Prize

$2,000

Additional awards for all winners

Co-working Space

One year of free co-working space at The EDGE

Free Consulting

Business, accounting, and law partners’ consulting

Entrepreneurship Academy

Ability to apply to the Summer 2024 Crimson Entrepreneurship Academy

Questions?

If you are interested in helping out as a coach, judge, or sponsor please complete this brief form and someone from our team will get back to you.

THERESA M. WELBOURNE, PHD

EXECUTIVE DIRECTOR OF AEI
WILL AND MAGGIE BROOKE PROFESSOR IN ENTREPRENEURSHIP

tmwelbourne@ua.edu
(205) 348-3343
The EDGE

JENNI MIESSE WHINERY

MARKETING MANAGER

 

jmiesse@ua.edu
(205) 348-3345
The EDGE

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