Thursday, September 22, 2011

$85K Ithaca College Business Idea Competition

This Fall Ithaca College launched their inaugural Business Idea Competition. This competition is designed to encourage and accelerate the new company formation for all of their students, in all parts of the school.

Get your good ideas reved up!


This competition was made possible by Ithaca College alum J. Christopher Burch. Chris is a wildly successful entrepreneur himself, who successfully launched his first multimillion dollar company while a student at Ithaca College, and is now well known as the cofounder of Tory Burch. He has also made a number other successful investments, including Jawbone, Voss, and PowerMat .

The competition format is simple to explain, but hard to do: You have 4 minutes to explain your entire business idea to a panel of judges that will include Chris Burch. You then get 4 more minutes to answer their questions. 8 great minutes is all it takes to get the seed capital needed to start a business.

Good luck students!

1 comment:

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