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EntrepreneurshipEntrepreneurship

EIB

Independent Business Plan

Competitors develop a complete business plan for an original startup concept. The plan must address the business opportunity, market analysis, operational plan, marketing strategy, and financial projections.

Prep Time

Prepared

With Judge

15 min

PI Source

Entrepreneurship

Format

Written Entry + Presentation

Who Should Compete

Students with an original business idea who want to develop it into a full plan. One of the most flexible and rewarding DECA events.

The Judge's Role

Panel of investors or startup advisors evaluating a startup pitch

Competition Format

Event structure.

•

Written Entry

Submitted before competition

Prepare a full written project according to DECA's guidelines. This document is scored independently by judges before you arrive on-site.

•

Presentation

Up to 15 min

Present the highlights of your written entry to the judges. Focus on key findings, your decision-making process, and measurable outcomes or projections.

•

Q&A

Included in 15 min

Judges ask questions about your entry. Understand every section deeply, questions often probe your assumptions, data sources, and implementation plan.

Performance Indicators

What you'll be tested on.

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Business concept and value proposition

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Market research and competitive analysis

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Business model and revenue streams

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Startup cost and funding requirements

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Go-to-market and sales strategy

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Financial projections (P&L, cash flow, break-even)

Browse all performance indicators

How to Prepare

Preparation framework.

01

Read DECA's official guidelines thoroughly

Each written event has a specific format outlined in the DECA Guide. Page limits, required sections, and formatting standards must be followed exactly.

02

Choose a meaningful, real-world topic

Judges reward authentic research with measurable data. Choose a topic you can actually research and document well.

03

Start the written entry early

Plan for multiple drafts. Have your advisor and peers review it. Written entries are scored before you arrive, they determine whether you advance.

04

Prepare a tight 10-minute pitch

The presentation is your highlight reel. Practice a structured opening, a concise walk-through of key findings, and a strong close.

05

Anticipate Q&A deep dives

Judges will probe your data sources, methodology, and assumptions. Know every number in your entry and why you made each decision.

Competition Tips

Notes from experienced competitors.

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Choose a concept with a clear, defensible value proposition, 'Uber for X' is not enough.

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Financial projections must be grounded: show your assumptions and calculations.

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Judges often ask about competition, know your competitors inside out.

Ready to prep for EIB?

Practice exams for Entrepreneurship · Review Entrepreneurship performance indicators · Roleplay framework.