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The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) of Rice University has announced the opening of the registration period for its 2010 Rice Business Plan Competition.
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The world’s largest and richest intercollegiate MBA/graduate business plan competition, with more prize money, competing teams, and judges than any other competition, will take place April 15-17, 2010. This year, more than $800,000 in total cash and prizes will be announced at the Awards Banquet on Saturday night, April 17, 2010, at the InterContinental Houston Hotel.
The 2010 competition will welcome 42 of the world’s top MBA/graduate schools to compete at Rice University in Houston, Texas, in front of a judging panel of more than 200 venture capitalists, investors, and business executives. The competition will conclude with an Awards Banquet that over 600 business leaders and executives will attend.
The total value of the grand prize is $325,000 and includes $225,000 equity investment, $20,000 additional cash and $80,000 in services. Every team that participates at the competition is guaranteed to take home prize money. In addition, cash prizes will be awarded in the following categories: energy, clean technology, sustainability, space-related technology, life sciences, medical devices, information technology, nanotechnology, and social entrepreneurship. |
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The 2009 competition included teams from top MBA schools such as Carnegie Mellon, Johns Hopkins, Harvard, MIT, Stanford, Dartmouth, University of North Carolina, Babson, University of Texas, and Rice, as well as international teams from India, Thailand, the United Kingdom and Canada. Through mentoring and networking, 85+ past competitors from the Rice Business Plan Competition have gone on to successfully launch their companies, raise more than $150 million in funding, and build their businesses.
About the Rice Alliance for Technology and Entrepreneurship
The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) is Rice University’s nationally-recognized initiative devoted to the support of technology commercialization, entrepreneurship education, and the launch of technology companies. It was formed as a strategic alliance of three schools: the George R. Brown School of Engineering, the Wiess School of Natural Sciences and the Jesse H. Jones Graduate School of Management.
Since inception, the Rice Alliance has assisted in the launch of more than 250 start-ups which have raised more than half-a-billion dollars in early-stage capital. More than 750 companies have presented at the 100+ programs hosted by the Rice Alliance.
Recent recognition:
2009 #5 U.S. Graduate Entrepreneurship Program – Princeton Review and Entrepreneur magazine
2009 Outstanding Center for Entrepreneurial Leadership & Excellence in Specialty Entrepreneurship Education - GCEC
2009 Outstanding Specialty Entrepreneurship Program – USASBE
2008 Houston’s Greatest Economic Development Ally – Greater Houston Partnership
We invite all of you to get a discussion going. Please submit your comments at the end of this article, Thanks.
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