MBA Students Invited to Participate in Business Plan Competition Qualifier

December 02, 2010

MBA students at Georgetown’s McDonough School of Business who have an idea for starting a new business venture are invited to participate in the Internal Business Plan Competition Qualifier. Designed specifically for Georgetown’s MBA students, the event will be held Saturday, Dec. 11, 2010, from 9:30 a.m. to 12:30 p.m. in the Rafik B. Hariri Building, Suite 360.

Part of the school’s Entrepreneurship Initiative, the Internal Business Plan Competition Qualifier will provide the opportunity for students to develop and launch businesses by showcasing their startup ventures at the national level. At this event, judges will determine which team has what it takes to qualify and advance to one of the highly competitive U.S. Regional Competitions, part of the Moot Corp global network of Business Plan Competitions, which offer $10,000 to $30,000 in investments to the winning teams.
In addition to the opportunity to represent Georgetown’s McDonough School of Business at one of these prestigious competitions, the school’s first place team will receive immediate professional feedback on venture viability, longer-term coaching from faculty, advice from area investors, special team travel funding, and a $350 check.
The second place team also will benefit from high visibility among local venture capitalists and angels, immediate professional feedback on venture viability, and a $150 check. The runner-up will represent Georgetown’s McDonough School of Business should the first-place team be unable to attend future competitions.
Teams wishing to enter the Internal Business Plan Competition Qualifier must include at least one Georgetown MBA student, and all other team members must be Georgetown University students. To enter, submit the contact information for your team and a brief description of your startup venture by December 7 to the competition coordinator, Tom Hajduk, teaching professor in management and entrepreneurship, at th356@georgetown.edu.