For the second year, the Governor’s Cup is broadening the scope of the competition to every campus in Oklahoma through the Small Business Division. The Small Business Division is open to non research campuses, two-year colleges and private regional universities.
While you can still compete in the High Growth Division, the new Small Business Division offers the opportunity to write business plans around any basic business concept, such as a retail operation, a service business, a restaurant, a custom welding shop, etc., provided the approach to the business concept is innovative and/or unique. In other words, the approach to the small business needs to be original or demonstrate strategic creativity, versus a simple replication of an existing proven business model.
Teams in the Small Business Division will compete for $40,000 in cash prizes and scholarships.
Please keep in mind that any concept that has potential for higher utilization, a broad user base, scalability, or can be easily transferable to larger markets and segments is not eligible for the small business division and will need to be entered in the high growth division. Eligibility discretion is up to the competition management and can be determined at any point during the competition- including any business models that are changed for the oral competition submission that do not meet the aforementioned criteria.
The menu to the left will walk you through the process of participating in the Small Business Division.