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By Tim Berry
Great Idea of the Day Award

How about this one: David Miller of Campus Entrepreneurship has announced his First Annual ‘Save Detroit’ Business Plan Competition!.

From dealership strategy and product offerings to brand consolidation and alternative fuels research/ production, the U.S. auto industry needs a completely new business plan. The window for ideas must be wide open. Frankly, I don’t believe Detroit and Washington are capable coming up with the correct solutions.

Because of that, this blog is announcing the 1st Annual Save Detroit Business Plan Competition.

He has the details on his site. You’ll find the deadline, criteria, and so on.

I don’t see a huge prize there, but then, given that this is about saving Detroit, and the problems there are serious, I think it’s a great idea. The automakers have failed to make cars that enough people want to buy, and they’re asking for a bailout because there are so many jobs at stake. I’m not sure what I think about the bailout, but I am sure that David has a great idea here.

You should enter. Come up with a plan. After all, we’re really all in this together, whether we like it or not. Is it our fault? No. Does it affect us? Yes.

It looks like David is judging the plans — which is just fine with me, I trust him to choose the best one.

So, big cash prize or not, I think it’s a good idea. And I hope you send him a plan.

This entry was posted on Thursday, November 20th, 2008 at 6:56 am and is filed under business plan contests. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Great Idea of the Day Award”

  1. Campus Entrepreneurship Says:

    Thanks for the post Tim. You are correct that there are no cash prizes, but the best plans/ideas will be published and also delivered to the Obama team, the gov. of Michigan, and the Congressional Delegation.

    There are many great assets in and around Detroit — time to recombine them for something new. And yes, you are right, we are all going to be impacted by what is decided in the new year.

  2. Internet Business Blog Says:

    This is really a great idea From David.

    This is what is lacking in this system – VISIONARY

    We have bail out the banks – why not the automakers ???
    I will prefer not to pay for all this mess – but either way it is gonna cost us a lot in lost job and a deeper economic crisis – thanks to the banksters.

    Michel Richer
    Hombyz.com






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