|
Applying skills, building teams, and raising money are key to any entrepreneurial venture. Learning how to do all three successfully takes practice. MIT provides several practical testing grounds with real rewards that prepare students for “the cruel crucible of the marketplace.”
MIT $100K ENTREPRENEURSHIP COMPETITION
The student-run, annual $100K competition provides resources and inspiration to help encourage students and researchers in the MIT community to transform their energy, ideas, and talent into viable start-up firms. A panel of judges – comprised of business angels, venture capitalists, successful entrepreneurs, and representatives of professional services firms – award $50,000 in cash and business services to three winning teams. Over 1000 MIT students each year are involved in managing the competition or vying for the award.
MIT IDEAS COMPETITION
The IDEAS (Innovation, Development, Enterprise, Action, and Service) Competition highlights MIT’s commitment to public service and student enterprise. Students compete for cash awards of up to $5,000 that they use to implement plans and products focused on the needs of the broader community. Teams develop designs, plans, strategies, materials, and products while working with local, national, or international community-based partners.
GLOBAL SOCIAL VENTURE COMPETITION
The Global Social Venture Competition is the only national competition targeting social ventures – for-profit and non-profit ventures with financial and social returns on investment. Its mission is to promote the creation of financially self-sufficient or profitable ventures that have a quantifiable social and/or environmental bottom line.
2005 ENTERPRISE CREATION COMPETITION
The Preeminent International Undergraduate Business Plan Competition
The Enterprise Creation Competition gives undergraduate students the opportunity to develop business ventures that demonstrate the ability to be successfully launched. New ventures for the puorpose of this competition may be start-up companies, buyouts, expansions of existing companies, or site-specific franchises.
Student teams are encouraged to create and present a plan that clearly illustrates creativity and potential for success. Newly created enterprises rely as much on the presentations of the concept as they do on the detailed business plan and financial projections.
All entries will be evaluated, based on the written plan, by a preliminary judging panel provided by Ernst & Young, LLP. Nine finalists will be selected and invited to compete at Ball State University. Enterprises will then be evaluated on both the written plan and the oral presentation. Plans will be returned to all teams with comments and feedback from judges.
Go to the BSU website for more information. Intent to Compete Forms are due January 07, 2005.
|
