The Wharton Business Plan Competition (WBPC) is among the leading global university-run business plan competitions. The WBPC was launched in 1998 by the Wharton Entrepreneurship Club and is now part of Wharton Entrepreneurial Programs , which co-manages the event with a specially selected student committee. The WBPC is open to all students at the University of Pennsylvania and, since its inception, has drawn over 150 student teams annually, comprising nearly 400 participants from Schools across the University of Pennsylvania.