V-Guard Industries is holding a business plan competition for B-school students to develop new business opportunities for V-Guard. The competition has several phases: students must register and submit an executive summary by certain dates, then the top 10 teams will advance to submit a final report and present their plan to V-Guard management. There are cash prizes for the top three plans as well as two special jury awards. The goal is to generate innovative strategies for V-Guard to expand their presence in non-South markets and new product categories.