Local / Regional Business Plan Competition Eligibility
All high school teams participating in VE are eligible to compete in the local and regional rounds of the 2020-21 Business Plan Competition. The top 40-50 teams from across the country will participate in the final rounds of the National Business Plan Competition.
All participants must be current student-employees of the registered VE firm. All employees are allowed and encouraged to contribute in preparing the enhanced executive summary for the local/regional competition. There are no limits to the number of presenters in a team, but all members of the presentation team must participate in the Q&A.
National Business Plan Competition Eligibility
In order to qualify for the (National Business Plan Competition) NBPC, a VE firm must advance through their VE region’s local and regional round competitions.
- Round 1 (Local): Approximately 40% of teams will advance to the next round
- Round 2 (Regional): Approximately 25% of teams will advance to the NBPC
The qualifying teams must be approved by their State/Regional Coordinators/Directors to compete in the NBPC. The National Office of Virtual Enterprises International also reserves the right to offer wildcard advancement.
Any firm that competes in the final round of the NBPC will be required to start a new business in the following year to be eligible for the NBPC.
DISCLAIMER: VE reserves the right to disqualify any team or team member, at any time during the VE National Business Plan Competition, for a violation of any rule in this guide or for any behavior that VE deems to be dishonorable.