Hadley Announces 2018 New Venture Competition

Hadley Announces 2018 New Venture Competition

Are you legally blind and dreaming of starting your own business? Hadley can help! Submit your business plan and you may win up to $30,000 to bring your dream to reality!

Hadley’s competition is open to legally blind US residents who successfully complete at least one course from our Forsythe Center for Employment and Entrepreneurship and will have a significant operational role and majority ownership in the new business. The business under consideration must reside within the US. This competition is intended for new ventures in the start-up or early growth stages of business development.

Submit your business plan. Plans are limited to 10 pages, including a required one-page executive summary. In addition, up to five pages of supporting appendices can supplement the plan.

Applicants must report a full one-year financial projection, including a cash flow statement, balance sheet and income statement on a monthly basis.

Plans are judged on the likelihood of achieving a viable new venture. The outcomes of the judges’ decisions as to award amounts and award recipients are final. Learn more about how submitted plans will be evaluated: Rules and Rubric (RTF format).

The Prize:

Cash awards are not to exceed $30,000. We will recognize award recipients at the semi-annual meeting of the Hadley Board of Trustees on June 14, 2018. Winners must be present to receive a cash award.

TIMING: Upload submissions to [email protected] in Word and Excel formats only by midnight Central Time on March 15, 2018.

Participant Rules and Requirements:

If you participate in Hadley Institute for the Blind and Visually Impaired’s New Venture Competition, you agree to accept and abide by its rules. Hadley Institute for the Blind and Visually Impaired reserves the right to:

  • Update, add to or subtract from the competition’s rules at any time;
  • Refrain from giving any cash award to any applicant to the competition;
  • Refrain from awarding the full amount of available funds in the pool; and
  • Deny an applicant to the competition for any or no reason.

 

The following business models are excluded from the competition: buy-outs, real estate related investments, tax shelters, franchises, or businesses covered by the Randolph-Sheppard priority. Randolph-Sheppard vendors are encouraged to apply if they have a business plan to expand into the private sector for a venture unrelated to their Business Enterprise Program facility.

For more information or if you have any further questions, contact [email protected]

Do you have a contest or event that benefits the blind and visually impaired community? Email me [email protected]

Hadley New Ventures
PD: Hadley New Ventures Official Logo, a wine-colored square with braille inside.

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