Young Entrepreneurs to Compete at UW Bothell for $20,000

FOR IMMEDIATE RELEASE

Wednesday, May 4, 2011
CONTACT: Ina Zajac - (425) 352-5461 – IZajac@uwb.edu


BOTHELL, Wash. – The Business Development Center at the University of Washington Bothell will host the final round of its inaugural Business Plan Competition this Friday, May 6.

Twenty-eight student teams submitted comprehensive business plans at the beginning of the competition. Following several rounds of judging, the field has been whittled down to four teams whose business plans range from women’s apparel and wedding planning to graphic design and mobile real estate applications.

The top four teams will compete in a live final event in hopes of capturing the grand prize of $20,000 in cash, business services and a membership to the Founder Institute.

“Our business plan competition is more than academic. It’s practical. We provide the tools to help these aspiring businesspeople enter the ranks of our next generation of entrepreneurs,” says Barry Weisband, director of the Business Development Center. “The students participating in this competition have spent months preparing in a rigorous academic program alongside our faculty, and have received mentoring and coaching from highly successful entrepreneurs.”

The judges for the final round of competition are: Trisha Gross, president and CEO of Hubspan; Dave Parker, executive director of the Founder Institute; Scott Bright, founder & CEO of Synapse; Lou Gray, founder and former CEO of Dreambox, and current angel investor; and Steve Holland, Professor, UW Bothell Business Program. 

Sponsors of the competition include the Herbert B. Jones Foundation, Banner Bank, AXA Financial, Microsoft, Perkins Coie, Palo Alto Software, and the Washington Biotechnology and Biomedical Association.

Members of the public are invited to attend the competition’s final round on Friday. The event will be held in Mobius Hall on the UW Bothell campus beginning at 4 p.m.

About UW Bothell’s Business Development Center: The Business Development Center was launched in 2005 to build bridges between the regional business community and the faculty and students of UW Bothell’s highly dynamic business program. To learn more about the Business Development Center, visit www.uwb.edu/bdc.

About UW Bothell: The University of Washington Bothell combines the benefits of a small campus with the resources and prestige of a world-renowned university. Offering over 30 degrees, options, certificates and concentrations, its curriculum emphasizes close student-faculty interaction, collaboration among students, and hands-on learning.For more information, visit www.uwb.edu.

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Did You Know?

Forty-six percent of UW Bothell's first year students are the first in the families to attend college.