News Archive

3/2/05 - Maryland Nonprofits Member Among 20 Finalists in Yale Business Plan Competition

New Haven, Conn., March 1, 2005 - “The Yale School of Management - The Goldman Sachs Foundation Partnership on Nonprofit Ventures” yesterday announced its selection of 20 nonprofit organizations to proceed to the final round of the Third National Business Plan Competition for Nonprofit Organizations.  One of the organizations, the Caroline Center, is a Maryland Nonprofits member organization.

The 20 finalists are in the planning stage, or early stages of operating income-generating business ventures. They will spend the next three months working with business planning consultants and Yale School of Management students to strengthen and finalize their business plans. For a full report
on the finalists' business ventures and Competition entrants, click here.

On June 9 - 10, 2005, the 20 nonprofit finalists will present their business plans to a panel of expert judges at the Third Annual Conference and Awards Ceremony in Jersey City, New Jersey at the Hyatt Regency on the Hudson. The judging panel will select four grand-prize recipients, each of whom will
receive $100,000 and four runners-up, each of whom will receive $25,000. In addition to cash awards, the winners will receive hundreds of hours of business planning consultations to assist their organizations in implementing their business ventures.

THIRD NATIONAL BUSINESS PLAN COMPETITION FOR NONPROFIT ORGANIZATIONS
FINALISTS SELECTED TO ROUND III:

Amos House, Providence, RI, http://www.amoshouse.com
Arena Stage, Washington, DC, http://www.arenastage.org/
Brooklyn AIDS Task Force, Brooklyn, NY, http://www.batf.net/
Caroline Center, Baltimore, MD, http://www.caroline-center.org/
EcoLogic Finance, Cambridge, MA, http://www.ecologicfinance.org/
Ecotrust, Portland, OR, http://www.ecotrust.org/
Educational Broadcasting Corporation, New York, NY, http://www.thirteen.org/
First Book, Washington, DC, http://www.FBMarketplace.org/
Haley House, Boston, MA, http://www.haleyhouse.org/
Housing Partnership Network, Boston, MA, http://www.housingpartnership.net/
Lee Pesky Learning Center, Boise, ID, http://www.lplearningcenter.org/
National Center for Family Philanthropy, Washington, DC,
http://www.ncfp.org/
New England Heritage Breeds Conservancy, Richmond, MA, http://www.nehbc.org/
New Jersey Performing Arts Center, Newark, NJ, http://www.njpac.org/
New Sector Alliance, Boston, MA, http://www.newsector.org/
NPower NY, New York, NY, http://www.npowerny.org/
Points of Light Foundation (Mission Fish), Washington, DC,
http://www.missionfish.org/
Redmoon Theater, Chicago, IL, http://www.redmoon.org/
Wai`anae Community Re-Development Corporation, Wai'anae, HI,
http://www.waianaeorganic.com/
Women's Transition Project, Bisbee, AZ, http://www.bellezagallery.org/

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