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

Monday, April 02, 2012

CONTACT: Richard Penny, (425) 352-3395,

BOTHELL, Wash. – The Entrepreneurship Center at the University of Washington Bothell will host its second annual Business Plan Competition on Friday, May 4. The public is invited to attend, and will be eligible to win a Kindle, an REI gift card and other prizes.

More than forty student teams are expected to submit comprehensive business plans in hopes of capturing $20,000 in cash and prizes. The competition includes several rounds of judging. The competition’s final round provides four remaining teams the opportunity to present their plans to a panel of Washington CEOs and entrepreneurs serving as judges. “The business plan competition highlights the center’s core mission, which is to build the economy by developing businesses and talented entrepreneurs,” says Barry Weisband, Director.

The top four teams will compete in a live final event held at the University of Washington Bothell. Members of the public are invited to attend the competition. The event will be held in North Creek Event Center on the UW Bothell campus beginning at 4 p.m.

“The 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 Weisband. “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.”

Sponsors of the competition include the Herbert B. Jones Foundation, Banner Bank, Banyan Branch, Corum Group, Founder Institute, Palo Alto Software Seattle, Rock Paper Sketch, Seattle Children’s Hospital, and Palo Alto Software.

About The Entrepreneurship Center at UW Bothell: The center was launched to build bridges between the regional business community and the faculty and students of UW Bothell’s highly dynamic Business School. To learn more about TEC, visit

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