Meezik will be competing in the 2008 Greater Valley Technology Alliance Business Plan Competition. How this competition works is, contestants write business plans for their ideas, GVTA selects the finalists, and then the finalists pitch their ideas to a judging panel. The incentives for the GVTA Business Plan Competition are $20k in startup capital and $40k in legal and accounting services for the winning team.

The Greater Valley Technology Alliance is a technology-based economy advocate group in Northeastern Pennsylvania. From their mission statement,

The GVTA’s mission is the creation of a self-sustaining technology-based economy in Northeastern Pennsylvania. Its aim is to stimulate the creation of the necessary infrastructure to support the growth of such an economy, including venture capital, research centers, technical education, entrepreneurship, recreation and lifestyle amenities, and the attraction and retention of human capital.

We are competing not only for the money but for exposure to the business community in our region and for the likelihood of improving Meezik’s initial business plan by refining it for the competition. Also, it would be an honor to compete against other entrepreneurs in the Northeastern Pennsylvania area. This event is a respectable effort to improve the tech economy of our region with young people with new ideas.

We have a strong chance of winning this competition because 1) our company works in the innovative field of social media, 2) we utilize all the new hyped-up web technologies, 3) we have a clearly defined profit model, 4) we have a powerful team that can achieve goals wherever we set them, and 5) I am putting my best effort into preparing the best damn business plan seen since this competition’s inception.

What will we do if we win this year’s GVTA Business Plan Competition? We’ll put the startup money to good use mostly for advertising costs, and then we’ll continue with our business as usual but with a slick badge on our company website that says “Winner of the 2008 GVTA Business Plan Competition.” Wish us luck!