Composing a business strategy with AI assistance
TUSCALOOSA, ALA. The AI-Generated Business Plan Competition is being launched by the management consulting business The Founders Playground for food entrepreneurs, which includes caterers, restaurant owners, cottage food producers, bakers, and food truck operators.
A business plan generated with the use of an AI technology must be submitted by applicants. Applications can be sent to foundersplayground.co/death2bizplans until September 11th. The Founders Playground states that participants may receive financial compensation as well as knowledge and coaching from professionals in the field. The winner will be chosen on September 18.
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“Generative AI is here to stay, and companies are utilizing it in innovative ways already,” The Founders Playground CEO and founder Katherine Zobre stated. “We are dedicated to leveraging AI to remove obstacles faced by minority and female entrepreneurs, particularly during the company planning stage. Our goal is to honor and motivate food entrepreneurs to experiment with AI tools and discover how they may benefit from them in their business strategy.