Structure

Competition Structure

The Wharton Business Plan Competition (WBPC) is among the leading global university-run business plan competitions. The WBPC was launched in 1998 by the Wharton Entrepreneurship Club and is now part of Wharton Entrepreneurship, which co-manages the event with a specially selected student management committee. The WBPC is open to all students at the University of Pennsylvania and, since its inception, has drawn over 150 student teams annually, comprising nearly 400 participants from Schools across the University of Pennsylvania.

The WBPC is not just about ideas. The WBPC is a comprehensive, 7-month platform to help entrepreneurs and their teams launch their new businesses.

The WBPC is structured to help teams enhance their understanding of starting a business and develop their ventures in both a collaborative and competitive environment.
  • During the Fall semester, Wharton Entrepreneurship hosts a series of workshops designed to support student entrepreneurs as they develop their ideas and refine their business models. Workshops are open to all students at the University of Pennsylvania and will be offered in collaboration with Wharton Entrepreneurship's Venture Initiation Program and the WBPC Student Management Committee, as well as other select organizations on campus. Please go to the Schedule of Events for more information.
  • The WBPC will open for submissions on Wednesday, December 4, 2013 at 2pm (EST). During this first round of the competition, teams will have the opportunity to submit a Business Overview. The deadline to submit is Friday, January 24, 2014 at 2pm (EST). The top 25 teams, as determined by the judges, will advance to the Semifinals.
  • During the Semifinals, the top 25 teams submit a full business plan, pitch to a panel of judges, and compete against other submissions in their chosen track. Eight teams (the Great Eight) will advance to the Venture Finals. Semifinalist teams can submit their business plans starting on Friday, February 14, 2014; the deadline to submit is Friday, March 14 at 2pm (EST). Teams will pitch to the judging panels on Friday, March 21, 2014.
  • At the WBPC Venture Finals, the "Great Eight" present live for a chance at over $115,000 in cash and in-kind prizes. The Venture Finals will be held on Thursday, May 1, 2014. The top team will be awarded The Perlman Prize (made possible through the generous support of Ellen Hanson Perlman and Richard E Perlman, W'68). The Perlman Prize carries a $30,000 cash prize and $15,000 of in-kind services.