Fort Worth Business Plan Competition
In 2011, the Fort Worth Business Assistance Center launched a new initiative, a business plan competition that gave special recognition to five outstanding small business owners and entrepreneurs in our community. Through a competitive selection process, the finalists were provided one-on-one business counseling, attended professional development workshops, and received coaching from industry experts through the Business Assistance Center and its many partners. They also received consultation from MBA student-coaches at TCU.
Our overall purpose in developing this business plan competition is to encourage small business owners to manage and operate their business according to a written plan; thus, having a positive impact on their bottom line as well as strengthening their ability to generate revenue and create jobs, all of which have a positive impact on our economy as a whole.
2016 Winner - Creative Minds Solutions
Creative Minds Solutions won the 2016 Fort Worth Business Plan Competition, a program of the Fort Worth Business Assistance Center and presented by Capital One. Dr. Richard Navarro is the President and Chief Innovation Officer of the company, which designs and manufactures hydro-electric turbines to generate electricity from water, such as lakes and oceans. Runners-up in the sixth annual competition at Texas Christian University were second-place finisher Doc’s Street Grill, owned by Steve Alade. Doc’s offers Caribbean street food as a mobile food concessionaire with plans for four brick-and-mortar restaurants. Third place went to Benefit Acupuncture, founded by Dr. Hilary Lai. The Colleyville company delivers solutions for illnesses ranging from pain, allergies, chronic illness, stroke rehabilitation and infertility.
2015 Winner - ZooMeez Inc.
ZooMeez Inc., a music/video startup geared toward providing exercise for young children and fighting obesity, won the fifth annual Fort Worth Business Plan Competition, a program of the Fort Worth Business Assistance Center. Three finalists – Alchemy Pops, Kingdem Consulting & Tax Preparation Services and ZooMeez, Inc. -- presented to judges Oct. 22 at Texas Christian University. Kenn Scott, a marketing consultant, is the founder of ZooMeez. His DVDs, CDs, downloads and videos are geared toward pre-K and first graders, a market of 12 million with 3-to-4 million new kids into the demographic each year. “Think Wiggles,” Scott said. “They do $45 million a year.” ZooMeez already has 12 songs and six videos prepared to launch. He described them as ’50s-style rock-n-roll. Titles include The Chicken Strut and Hippo Twist. Alchemy Pops, presented by Carolyn Phillips, finished second. Her company produces frozen mini popsicles in a variety of unique seasonal flavors made from Texas-only growers. Third place went to Kingdem Consulting & Tax Preparation Services, owned by Kenya Bryant. Her company provides bookkeeping and tax preparation and she said it’s “not just a service, but an education.”
2014 Winner - Rich Aviation Services
Rich Aviation Services dba Fort Worth Flight Center won the 2014 Fort Worth Business Plan Competition held at Texas Christian University. The victory was worth $6,000 in cash and approximately $34,000 in training, counseling and advertising. Second place, worth approximately $20,000 in cash and business services, was awarded to Boyd Construction Services LLC, and Janz Hair & Fashion Jewelry Galley finished third, winning cash and prizes worth $16,000. The presentations before judges Thursday accounted for 30 percent of the final score. Rich Aviation Services is located at Meacham International Airport in Fort Worth. Rich Aviation Services and Fort Worth Flight Center are pilot training facilities that provide quality, yet affordable flight training to students within Texas and outlying states. Through top-of-the-line equipment and highly qualified FAA-certified instructors, the companies fulfill lifetime goals for a range of students from airplane enthusiasts to those seeking a profession in aviation.
2013 Winner - WellCare Dimensions Inc.,
This year’s first place winner was WellCare Dimensions Inc., followed by Ampcare LLC, in second place; and Signature Image in third place. The winning lineup was announced after finalist presentations Oct. 24th at the Dee J. Kelly alumni and Visitor’s Center at TCU. WellCare and Ampcare are focused on the healthcare industry and Signature Image is a fine art print studio, all based in Fort Worth. Besides cash prizes, the top three winners receive business coaching and counseling as well as assistance accessing capital for new investment.
2012 Winner - Technology Team
The 25 most qualified applicants that met the eligibility criteria competed in the first round, whereby participants attended two training sessions (financial and a presentation to prepare individuals to perfect their pitch to potential investors) and utilized other small business resources to enhance their business plan. In October, the elimination round consisted of a review of each participant’s submitted business plan, and the top three candidates advanced to the final round. The competition will culminated November 15, 2012, with a final presentation and Q&A at TCU, and the winners will received a combination of cash prizes and professional business services.
2011 Winner - Ikerd Consulting
The inaugural year first place winner was Ikerd Consulting, followed by Positive Influences, in second place; and Cleves Research in third place. The winners were announced after finalist presentations at the Dee J. Kelly alumni and Visitor’s Center at TCU. The top three winners received an infusion of cash. But more, importantly they received Business Services that will serve them well beyond the cash. They gained skills that can ensure a lot more cash in the future as they GROW TO THE NEXT LEVEL.