Marquette accepting submissions for 7th annual Business Plan Competition
The Marquette University Kohler Center for Entrepreneurship is accepting submissions for its 2009 Business Plan Competition. The center will host two information sessions about the competition at 7 p.m. Wednesday, Oct. 8, and Tuesday, Oct. 14, in room 265 of Straz Hall, 606 N. 13th St.
(Media-Newswire.com) - The Marquette University Kohler Center for Entrepreneurship is accepting submissions for its 2009 Business Plan Competition. The center will host two information sessions about the competition at 7 p.m. Wednesday, Oct. 8, and Tuesday, Oct. 14, in room 265 of Straz Hall, 606 N. 13th St.
The deadline for submissions, which require completing an entry form and answering three questions, is Monday, Nov. 3. At least one member of a team must be a Marquette student, faculty member, staff or alumnus/a. Forms are available online at www.mukohlercenter.org/bplan.
The competition provides a learning environment in which budding entrepreneurs develop their business ideas and receive feedback from faculty and experienced entrepreneurs, according to Tim Keane, director of the Kohler Center for Entrepreneurship and the Marquette Golden Angels Network. Following the deadline for entries, the submissions will be reviewed by a team of judges. The entrants accepted into the competition will be paired with an entrepreneurial mentor from the Golden Angels Network, a Marquette alumnus or another community entrepreneur to develop a more in-depth plan. Entrants will also participate in a series of workshops covering business model development, plan refinement and presentation skills.
The fully developed plans will be reviewed by a panel from of judges who will select semi-finalists to participate in oral presentations. The winners, who will be announced at Marquette on April 15, 2009, will receive services, such as legal, accounting and public relations assistance. In the past, awards have gone to Milwaukee-based endeavors including a biotech company, catering company, specialty grocery store, soccer clinic and marketing firm.
"Our hope is that the experiences and encouragement participants gain through this competition will assist them in realizing their entrepreneurial dreams," Keane said.
The purpose of the Kohler Center for Entrepreneurship is to create a leading-edge learning environment based on focused coursework and hands-on experiences that leverage an outstanding network of successful entrepreneurs. Its aim is the advancement of entrepreneurship and the responsible creation of wealth by students, alumni and entrepreneurs with extremely high potential or in distressed communities.
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