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Business plan competition under way 3:35 p.m., Nov. 19, 2004--Aspiring entrepreneurs at UD are invited to put their ideas to the test by entering the University of Delaware’s 2005 Business Plan Competition. The competition encourages participants to take an idea from the concept phase to a full business plan and create the opportunity to build a new venture. Created by UD’s Lerner College of Business and Economics, the competition is designed to find new venture ideas and build successful businesses, as well as to provide education and networking opportunities for students. Students from all disciplines and colleges at the University—not just students enrolled in an entrepreneurial or business curriculum--are encouraged to join the competition. “Many nonbusiness students have an interest in starting their own businesses,” Barry Williams, director of the Delaware Technology Assistance Program, said. ”For example, in the College of Arts and Sciences as well as the College of Engineering there are students with varying interests who may have an idea for a business.” Faculty and staff are eligible to compete, too, provided that at least one student is on the business plan team and an active participant. The competition’s first deadline is Friday, Dec. 3. By then, a one-page business concept, which describes a business idea, must be submitted. Subsequent steps include business plan workshops and submission of fully developed business plans, with awards presented April 29. For complete details, visit [www.lerner.udel.edu/bpc]. Cash prizes worth at least $5,000, plus additional valuable services that can help facilitate success of budding entrepreurs, will be awarded to the winning teams. Article by Melissa Kadish, AS ‘05 To learn how to subscribe to UDaily, click here. |
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