ADVISORY, Aug. 22, 2013 (GLOBE NEWSWIRE) --
The Rice University Business Plan Competition, "RBPC", the world's richest and largest graduate-level business plan competition will visit the NASDAQ MarketSite in Times Square.
In honor of the occasion, Brad Burke, Managing Director of the Rice Alliance for Technology and Entrepreneurship, who hosts the RBPC, and Samir Mayekar, CEO of 2013 RBPC winner, SiNode Technologies, of Northwestern University will ring the Closing Bell.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Friday, August 23, 2013 – 3:45 p.m. to 4:00 p.m. ET
Mary Lynn Fernau
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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About The Rice University Business Plan Competition:
The Rice University Business Plan Competition is the world's richest and largest graduate-level business plan competition. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship, which is Rice University's flagship initiative devoted to the support of entrepreneurship, and the Jesse H. Jones Graduate School of Business. This is the 13th year for the competition. In that time, it has grown from nine teams competing for $10,000 in prize money in 2001, to 42 teams from around the world competing for more than $1.5 million in cash and prizes.
In 2013, more than 1200 applications were submitted. More than 130 corporate and private sponsors support the business plan competition. Venture capitalists and other investors from around the country volunteer their time to judge the competition, with the majority of the 300+ judges coming from the investment sector. 128 past competitors have gone on to successfully launch their businesses and are still in business today, raising in excess of $600 million in funding.
The competition is designed to give collegiate entrepreneurs a real-world experience to fine tune their business plans and elevator pitches to generate funding to successfully commercialize their product.
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