Certificate in Entrepreneurship and Innovation

Certificate Program Students Sweep the BDM Business Plan Competition Finals!

February 14, 2011

Five Purdue University undergraduate student teams have been selected as finalists in the Black Division, undergraduate division, to present their entrepreneurial ambitions on Feb. 22 during the 24th annual Burton D. Morgan Business Plan Competition. All teams are comprised of Certificate in Entrepreneurship and Innovation Students.

The event, which offers $100,000 in prize money, will run from 8:30-11:55 a.m. for the Black Division presentations and 1-4:15 p.m. for Gold Division presentations in the Burton D. Morgan Center for Entrepreneurship, Room 121.

In the Gold Division, the five teams presenting are LyoGo, Sorian, TeslaWeave, Tymora Analytical and Vocordys. Finalists for the Black Division are GrowLite, RollOut Green, The LAKE Water Sports Complex, WalkThrough and Battle Ground Technologies.

The Gold Division winner will receive $30,000, while Black Division teams are competing for a $20,000 top prize. The competition process started last fall with 65 initial submissions. The final five Black and Gold division teams were selected by a panel of judges and made official Friday (Feb. 11). Each team has 20 minutes for its presentation and 10 minutes for questions from judges.

The public is invited to watch the event, which is sponsored by the Burton D. Morgan Center for Entrepreneurship, Burton D. Morgan Foundation, Krannert School of Management, Ice Miller LLP and Purdue Research Park.

For the second straight year, a student on the top finishing team in each division is eligible for a $5,000 annual Krannert scholarship to its full-time MBA program. The student must apply within five years and meet admissions requirements. In addition, winners from each category are eligible for one seat in Krannert's two-week Applied Management Principles program, commonly known as a mini-MBA, offered each May.

Indianapolis-based law firm Ice Miller LLP, which has provided scholarship funding for Purdue's Certificate in Entrepreneurship and Innovation Program, also will provide in-kind services to the competition's top finishers.

Source:  Phillip Fiorini, 765-496-3133, pfiorini@purdue.edu 

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