Pelosi’s $25 Billion Business Plan Competition

The other day, this blog announced the First Annual Save Detroit Business Plan Competition. It appears that the leadership in congress feels this is a good idea and is also demanding plans. Pelosi’s Save Detroit Business Plan Competition is awarding up to $25 billion in prizes!

From CNN Money, “It is all about accountability and viability,” said House Speaker Nancy Pelosi, D-Calif. “Wepelosi [need to] see a plan where the auto industry is held accountable. Until they show us the plan, we cannot show them the money.” (Note to the Speaker Pelosi– I would love to be on the judging panel to decide who gets the money… contact me soon so we can determine our judging criteria. thank you)

We will forward all plans submitted to our competition to speaker Pelosi and leader Reid. So be sure to include how much of the $25 billion your plan requires (if you are using government funds in your plan). Thanks for submitting your plan to campusentrepreneurship / @ / gmail.com!

First Annual ‘Save Detroit’ Business Plan Competition!

With all the calls for ‘pre-packaged’ bankruptcy for Detroit and/or $25-$50 billion in government funding for the US auto industry to ‘recreate itself,’ it is clear the industry needs a need business plan.picture-54

From dealership strategy and product offerings to brand consolidation and alternative fuels research/ production, the US auto industry needs a completely new business plan. The window for ideas must to be wide open. Frankly, I don’t believe Detroit and Washington are capable coming up with the correct solutions. (With all due to respect to the Senator — who lived blocks from me on Capitol Hill and appeared to be an upstanding neighbor.)

Because of that, this blog is announcing the 1st Annual Save Detroit Business Plan Competition. Plans (video or document/pdf/ppt) can be sent to campusentrepreneurship / @/ gmail.com. Deadline is December 15, 2008. See full info, rules and eligibility requirements (which are subject to change) below. Thanks for entering! Continue reading “First Annual ‘Save Detroit’ Business Plan Competition!”