Monday, March 28, 2011

VTK Schedules Student Concepts Competition

VT KnowledgeWorks in Blacksburg.^

VT KnowledgeWorks has selected the finalists in the two Student Business Concept Competitions to be held on April 13, in conjunction with the Third Annual Entrepreneurship Summit at The Inn at Virginia Tech.

The student teams will present their business concepts before a panel of angel investors and business leaders, as well as those in attendence. Participants represent colleges and universities from Virginia and Western North Carolina.

The winning teams in the Virginia Tech and Regional Student Competitions receiva $5,000 and workspace provided in the VT Corporate Research Center for summer 2011. Both first place teams also qualify to compete in the 2011 VT KnowledgeWorks Global Student Challenge for which the team will receive a week-long, expense-paid celebration of student entrepreneurship and may win the $25,000 grand prize.

The finalist student teams from Virginia Tech will present their business concepts at 9:30 a.m. April 13, including Aerus, Juce Powered Bags, Kiwee Stroller Company, Lujure, and PodShare. Finalists of the Regional Student Competition will present their business concepts at 1:30 p.m., including Closed Loop Energy, LLC, Dear Career, Kera10, and Masalah.

The Open Angel Forum to be held on April 14 and four companies have been selected to pitch before a panel of directors from PAN, CIT Gap, Third Security, 460 Angels and event attendees. Last year, three out of the five companies that presented were funded within 90 days.

Fees are $30 for April 13 and $50 for April 14. Contact Christine Pushaw for details at 540-443-9100.

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