Rice Business Plan Competition

Theme
The competition is intended to simulate the real-world process of entrepreneurs soliciting start-up funds from early-stage investors and venture capital firms.  The judges function as venture capital investors deciding on which business venture they would most likely fund.  The quality of the idea, the strength of the management team, and the clarity and persuasiveness of the written plan and oral presentation, all influence the judges’ decisions.

Open to
The competition is open to all full- and part-time graduate students, not just MBA candidates, enrolled in a university during the academic year 2008-2009.  The management team must consist of at least one graduate student.  Non-students may be members of the management team and participate in planning the venture; however, only students may present the plan in the competition on campus and answer questions from the judges.
Team Size: The presenting team should include at least two students and not exceed five students. At least two students must travel to Rice to compete.

Application deadline
13 February 2009

Prize
Grand Prize           
      $125,000 Investment Sponsored by The GOOSE Society of Texas     
      $20,000 Cash     
      $80.000 In-kind Awards, including:      
    * Branding Design & Marketing Commnications from Brand Extract & The Padgett Group ($25,000)
    * Free office space and services at Houston Technology Center ($25,000)
    * Free web site and hosting from ContentActive, LLC ($17,550)
    * Business Mentoring from Silver Fox Advisors ($3,600)
    * Treasury Service from Bank of America ($5,000)
    * Receives opportunity to present business idea to Houston Angel Network ($750)
    * Roundtrip tickets on Continental Airlines ($3,000)
    * Ring the NASDAQ bell in NYC
    * Invitation to Compete at MOOT CORP

 Second Place Team      $ 15,000 Cash
 Third Place Team      $  7,500 Cash
 Fourth Place Team      $  5,000 Cash
 Fifth Place Team      $  4,000 Cash
 Sixth Place Team      $  3,000 Cash
 Seventh Place Team      $  3,000 Cash

Top 3 Finalists receive:  Business Mentoring & Coaching from Silver Fox Advisors ($3,600 value)
All 12 Finalists receive and Wildcard Teams receive:  Microsoft Office and Windows Server software ($1,450 value)

Contact
rbpc@rice.edu

See official source

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