Posted at 4:00 p.m., Friday, September 7, 2007
Chaminade accepts nonprofit business plan entries
Advertiser Staff
Chaminade University is accepting applications for its third Non-Profit Business Plan Competition.Sponsored by The Hogan Family Foundation and American Savings Bank, the competition recognizes non-profit organizations for their "new and innovative social service programs."
Letters of intent must be submitted no later than September 21. The deadline for submission of business plans is October 19. Finalists will be required to make oral presentations to a panel of judges comprising senior executives, consultants and members of venture capital firms.
First-place prize is $15,000 cash. The second place winner will receive $10,000, while the third place winner will receive $5,000. An additional award is offered this year by Loomis-ISC who is providing 120 hours of free integrated marketing communications counseling to the non-profit with the "Most Compelling Project." A public awards ceremony will be held in December to announce the winners.
The competition was started in 2004 and was the first of its kind to be held in Hawai'i.
Prior competition winners include Wai'anae Organic Farmers Cooperative (WOFC), which then went on to tie for second place in the prestigious national non-profit competition organized by Yale University. Top winner for the second competition was Healthy Options - "Heat & Eat", a project of the Lanakila Meals-on-Wheels Program.
Chaminade's Hogan Entrepreneurial Program was created in the fall of 2002 with a generous grant from the Hogan Family Foundation. Its mission - to equip Chaminade students with the tools, skills and values needed to foster entrepreneurial thinking wherever their careers may take them. Open to all juniors, seniors and graduate students with a minimum 3.0 GPA, the program exposes students to Hawaii's entrepreneurs while preparing them to develop their own entrepreneurial endeavors. They also engage in 25 hours of Community Service each year. Since 2002, more than 100 students have graduated from the program.
