CCBC’s Business Plan Competition will award $62,500 in seed money

Sep 24, 2020 | by Lisa Harlow | 443.840.4668 (office) | 443.992.8642 (cell)

Baltimore County, Md. – Community College of Baltimore County’s Center for Business Innovation is now accepting entries to its Eighth Annual Business Plan Competition, offering a top prize of $20K for a budding entrepreneur. A total of $62,500 in seed money will be awarded among the top six finalists.

The competition is open to current or former students who have completed at least 15 credits at CCBC within the last five years, or who are alumni of a CCBC credit or non-credit degree/program or certificate program.

Each participant will have access to invitation-only workshops to help them develop critical elements of a viable business plan, including guidance in strategy, marketing and finance. Registration is open now at ccbcmd.edu/innovation. The deadline to register is Oct. 11.

“With so many small businesses and startups struggling due to the economic shutdown amid the coronavirus pandemic, we are really excited to host our Business Plan Competition again this year,” said Dennis Sullivan, executive director of the Center for Business Innovation. “We are so proud to be able to help local aspiring entrepreneurs along their journey to success and sustainability.”

The Business Plan Competition first-place winner will receive $20K and a range of valuable start-up resources. CCBC’s top Business students will provide support in marketing, sales, website development, accounting and human resources to help the new entrepreneurs launch their businesses. Local business owners will serve as mentors.

The Center for Business Innovation has helped launch nearly 30 new businesses over the last seven years, due in great part to community support and generous sponsorships. This year’s Business Plan Competition sponsors are: Philip E. and Carol R. Ratcliffe Foundation Inc., CCBC Business Club, CCBC Alumni Association, CCBC Foundation Inc., Greater Catonsville Chamber of Commerce, Fully Promoted Arbutus and Chick-fil-A®.

For more information, contact Dennis Sullivan at dsullivan@ccbcmd.edu or Angella Kevas at akevas@ccbcmd.edu. Business owners who would like to serve as mentors or judges in the competition should also contact Dennis Sullivan.

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About the Community College of Baltimore County (www.ccbcmd.edu)
Since 1957, CCBC has opened the doors to accessible, affordable, high-quality education empowering generations of area residents to transform their lives and the lives of others. Each year, nearly 60,000 students enroll at the college’s main campuses, extension centers and online to make their starts, earn degrees, launch and build careers. CCBC offers the region’s most expansive selection of degree, certificate and workplace certification programs that prepare students for transfer, job entry and career advancement in such industries as business, education, health care, information technology, cybersecurity, construction and transportation. CCBC is nationally recognized as a leader in innovative learning strategies, among the nation’s top associate degree producers, and designated as a Military Times Best College 2019.

CCBC is accredited by the Middle States Commission on Higher Education, 3624 Market Street, 2nd Floor West, Philadelphia, PA 19104 (267-284-5000). The Middle States Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation.

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