Lexington, Ky.—Nineteen contestants from 13 universities are getting down to the business of developing their Executive Summaries—the first step on the path to victory in the 2014 ADA Student Business Plan Competition!
“There is no comparable challenge for students who are seeking the opportunity to gain hands-on business experience, while showcasing their knowledge and creativity than the ADA Student Business Plan Competition,” said ADA President, Brian Urban, Au.D. “Based on last year’s competition, I have no doubt that the profession of audiology will continue on an autonomous trajectory.”
Registered 2014 ADA Business Plan Competition participants/teams include:
Brianne Wright, A.T. Still University
Christin (Brooke) Means, Auburn University
Haylee Lamb, Auburn University
Jessica Vilendrer, Gallaudet University
Kaylee Laitinen, Louisiana Tech University
Candace Coleman, Missouri State University
Leo Walter, IV, Northeast Ohio Audiology Consortium
Efoe Nyatepe-Coo and Rachel Otto, Northwestern University
Bill Roach and Damion Campbell, Nova Southeastern
Taylor Remick, Purdue University
Noelle E Radko, Salus University
Natalie Rupert, Salus University
Molly Kennedy, Salus University
Amanda Maioriello, Salus University
Pamela Svitak, University of Kansas
Nicole Kristine Calderon, University of North Texas
Danielle O’Neil, University of South Florida
ADA Business Plan Competition participants may compete as sole owners (1-person team) or as partners (2-person team). ADA Business Plan Competition contestants will be required to submit a written business plan using Small Business Administration guidelines.
Finalists will receive an all-expense paid trip to the ADA 2014 Annual Convention at the Red Rock Resort and Casino in Las Vegas, NV, November 8-10, 2014, where they will present their business plans in person to a live audience and a panel of judges.
The Grand Prize Winner/Team will receive a $5,000 ADA cash grant to be used to advance business objectives and enhance business and leadership skills.
Luck will not be enough for the students--business plans will be judged based on the following criteria:
- Creativity
- Feasibility
- Completeness
- Cohesiveness throughout the document
- Professionalism and polish
“The ADA Student Business Plan Competition will provide future audiologists with a learning experience that will foster their entry into autonomous practice in whatever practice setting they choose,” said Dr. Urban. “ADA would like to thank EarQ for underwriting this important competition to help ensure that future audiologists are able to develop business skills and confidence before entering practice.”
Key competition deadlines:
Friday, May 16th
Executive Summary Due
Friday, May 30th
Second Round Participants Notified to Submit Full Business Plan
Monday, July 7th by 5:00 pm EDT
Deadline to submit Written Business Plan online.
Monday, July 21st
Notification of Semifinalists
July 22-August 9
Interviews and Feedback to Semifinalists
Monday, August 25th by 5:00 pm EDT
Deadline to submit revised Written Business Plan online.
Friday, September 5th
Notification of Finalists
Thursday, November 6th
Presentation Practice Session
Saturday, November 8th
ADA Open Student Business Plan Competition
Please click here for completion requirements and participation guidelines:
Please contact Stephanie Czuhajewski at sczuhajewski@audiologist.org for more information about the 2014 ADA Business Plan Competition.
About ADA:
The Academy of Doctors of Audiology is dedicated to the advancement of practitioner excellence, high ethical standards, professional autonomy and sound business practices in the provision of quality audiologic care. ADA provides programming, services and resources to audiologists and students who are, or who desire to be autonomous practitioners.
