The University of Washington, Bothell’s Business Development Center (BDC), with its Center for Student Entrepreneurship (CSE), will host the first Business Plan Challenge May 5, 2011.

Says Barry Weisband, director of the BDC, “The Business Plan Challenge is a new endeavor to help students launch businesses that have national and global impacts on the economy.”

The competition is open to all University of Washington, Bothell students, both undergraduate, as well as graduate. Each student or team of students must submit a comprehensive business plan during the spring quarter. Selected students with comprehensive and professional business plans will then compete at the challenge and present their plans to successful entrepreneurs, senior corporate managers and business-program faculty who will review and judge the teams’ viability. Cash prizes will be awarded to the first-place team and the runners-up in the undergraduate and graduate student divisions.