Tell your entrepreneur friends, tell yourself.

It’s time for Fort Worth’s ninth annual Business Plan Competition.

Following five weeks of workshops and coaching, courtesy of the city’s Business Assistance Center and its partners, participants will develop a comprehensive business plan that covers everything from market competitiveness to financial outlooks.

The goal: Develop and learn your business inside and out, eventually pitching it to a panel of judges for the chance to win $50,000 worth of cash prizes and professional services.

Competition details

Registration for the Business Plan Competition is available through the city’s webpage until midnight Monday, June 17.

Eligible applicants will have a business with a DBA registered in Tarrant County, with an annual revenue of less than $500,000.

Once all entries are received, 25 businesses will be selected for the competition and their five-week training will begin. Final business plans will be due Sep. 11, and the Top 10 will participate in Pitch Night before a panel of judges on Oct. 10. The Top Three finalists will present in the finale on Oct. 24, competing for first, second, and third place prize packages.

Frost Bank is the presenting sponsor of the competition. Coaching and professional development workshops will be provided by industry experts and the city’s partnerships with Tarrant County Small Business Development Center, SCORE, and the business colleges at TCU and the University of Texas at Arlington. The Fort Worth Business Press is the media sponsor.

Follow along with competition updates on the Business Plan Competition webpage, http://fortworthtexas.gov/business-plan/

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