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The application period is now open for UT’s 2016 Undergraduate Business Plan Competition, an annual event that awards cash prizes to promising student startups. The competition is sponsored by the Anderson Center for Entrepreneurship and Innovation in UT’s Haslam College of Business.

The competition is open to any undergraduate student currently enrolled at UT Knoxville. First, second, and third prizes of $5,000, $3,000, and $2,000 are awarded in two business categories—growth and lifestyle. All student-owned companies, whether legally formed or in the planning stages, are eligible to compete.

To apply, students must submit a one-page concept statement to the Anderson Center no later than midnight Wednesday, March 23. Teams that advance to the presentation round will pitch to a panel of local business professionals Friday, April 1. Interested students should review the application guidelines prior to submitting their concepts.

The Undergraduate Business Plan Competition started in 2008 and has awarded $150,000 to student entrepreneurs.


Kimberly Hood (865-974-5126, kimberlyhood@utk.edu)

Tyra Haag (865-974-5460, tyra.haag@tennessee.edu)