FOR IMMEDIATE RELEASE
Tuesday, June 22, 2010
BOTHELL, Wash. – The University of Washington Bothell's Business Development Center (BDC), with its Center for Student Entrepreneurship (CSE), will host the first Business Plan Challenge on May 5, 2011.
Says Barry Weisband, Director of the BDC, "The Business Plan Challenge is a new endeavor to help students launch businesses that have national and global impacts on the economy."
The competition is open to all University of Washington Bothell students, both undergraduate as well as graduate. Each student or team of students must submit a comprehensive business plan during the spring quarter. Selected students with comprehensive and professional business plans will then compete at the Challenge and present their plans to successful entrepreneurs, senior corporate managers and Business Program faculty who will review and judge the teams’ viability. Cash prizes will be awarded to the first place team and the runners-up in the undergraduate and graduate student divisions.
The public is invited to attend the Challenge to watch the students in competition. Details on time and location will be announced at a later date.
The BDC was recently awarded a $90,000 grant by the Herbert B. Jones Foundation to support this event and the Center's work in the area of student entrepreneurship, intrapreneurship and social entrepreneurship. Says Weisband, "The ability to launch this competition is possible as a result of the visionary support of the Jones Foundation. We are honored to be the recipient of this funding."
To learn more about the Business Plan Challenge or the UW Bothell Business Development Center contact Director Barry Weisband at 425-352-3664 or by email at BWeisband@uwb.edu
About the BDC and CSE: The respective missions of the Business Development Center and the BDC’s Center for Student Entrepreneurship are to support UW Bothell’s students, faculty, staff, and external stakeholders in their efforts to build and grow new and emerging businesses. The BDC and the CSE focus primarily on start-ups in emerging industries, existing companies seeking to leverage technology to develop their businesses, and women- and minority-owned businesses. Since its founding, the BDC has conducted approximately 75 student consulting projects and 95 one-on-one consulting projects. The BDC and its CSE are strategic centers housed within the business program at UW Bothell.
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. UW Bothell celebrates its 20th year of operation during the 2009-10 academic year with the opening of student housing, an access ramp connecting the campus to SR522, and new degrees including a Master of Computing and Software Systems (MSCSS), and a Leadership Master of Business Administration (L-MBA) at an offsite location in Bellevue, WA.