The University of North Texas College of Music is getting ready for its annual music entrepreneurship competition this spring.
Founder and UNT music faculty member Fabiana Claure invites students to compete in undergraduate or graduate categories. Contenders submit a business plan for a music-related business, and the contest is open to students in the college of music or students working with a music student.
Competitors have to submit a summary statement, business descriptions, market analyses, operations statements and financial information along with their business concept by March 17. A panel of judges will evaluate the submissions, and will include musicians, business owners and guest judge and artist-in-residence Angela Beeching. Beeching is a career development expert and author of Beyond Talent.
The judges will select three finalists and four honorable mention winners. Then, in a grand finale on Aprill 22, the finalists will pitch their businesses before an audience, in a round inspired by the show Shark Tank.
For both undergraduate and graduate categories, the prizes are $5,000 for first place, $2,500 for second place and $1,000 for third place. An additional $1,000 Audience Choice prize and a $1,000 Honorable Mention prize will be given during the finale.
FEATURED IMAGE: Teams of students from the UNT College of Music's entrepreneurship class will be eligible to attend workshops to prepare for the annual music entrepreneurship competition, which awards nearly $20,000 in prizes.