Rising entrepreneurs present diverse business plans at UW competition
WHAT: Business school students from Washington universities will present their concepts in this exhibition-style session to 150 judges comprised of angel investors, entrepreneurs, lawyers and venture capitalists. Each judge will have $1,000 in faux dollars to invest in what they consider are the most promising companies. Fifteen of the 31 teams will be eliminated after this investment round. The remaining ’Sweet 16’ teams will have two weeks to make any necessary improvements to their presentations and then compete for a chance to snag the $25,000 grand prize. The long presentation and final rounds will take place between 8 a.m. and 5:30 p.m. on May 24 in the HUB West Ballroom on the Seattle campus of the University of Washington.
WHO: Bachelor’s, master’s and doctoral students from Gonzaga University, Seattle University, Seattle Pacific University, University of Puget Sound, UW Seattle and Bothell campuses and Whitworth College will compete.
WHEN: 1 to 4:30 p.m., Tuesday, May 1
WHERE: HUB West Ballroom, University of Washington Seattle campus
DETAILS: Proposed companies that will focus on alternative energy, computer gaming and software, health and medicine and educational needs are just some of the sectors represented at the competition. Additionally, prizes will be awarded to teams presenting the best ideas in e-commerce, international and sustainable businesses. With $70,000 to be distributed among this year’s winners, the competition awards one of the largest amounts in seed funding of any similar event in the country.
Students, faculty and staff may attend the investment and final rounds of the competition. The final round, open to the general public, will take place between 1:20 and 5:30 p.m. May 24.
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