$100,000 cash, serious bragging rights, plus funding of the winner’s business plan by a New York venture capitalist are all on the line. Plus, one budding entrepreneur will be crowned Forbes magazine’s Future Capitalist of the Year.
NEW YORK--(COLLEGIATE PRESSWIRE)--Dec 7, 2001--The registration deadline for the Carrot Capital Business Plan Challenge (“Challenge”), a nationwide business plan competition in which virtually all the top 50 business schools in the US are participating, has been extended to February 12, 2002, from December 10, 2001. “A number of campus business plan competitions start in the second half of the school year,'' says Nicole Del Gadio, Manager of the Challenge for Carrot Capital, principal sponsor of the competition. ''Many university officials and campus coordinators begged us to extend the Challenge deadlines to fit in with their school’s schedule, so we did!''
“The Challenge, with nearly 1,000 students registered, representing hundreds of teams, is already one of the biggest competitions of its kind,” exclaims David Geliebter, Managing Partner of Carrot Capital. “Now, with the registration deadline extended, several hundred more teams will have an opportunity to take part.”
All plans will be read and evaluated by a celebrated panel of over 125 judges from the top ranks of corporate America, such names as: Anthony E. Hull, CFO of entertainment giant DreamWorks; Carol B. Tome, CFO of Home Depot (NYSE:HD), ranked one of Fortune’s 50 Most Powerful Women in Business; Kip McClanahan, President and CEO of BroadJump, one of Upsides’ Hot 100 companies and Kathy Brittain White, EVP of E-Business & CIO of Cardinal Health (NYSE:CAH), ranked one of Forbes’ America’s Top Businesswomen, to name a few. ''What better challenge for students to learn about business than to try to create one!'' says Roger Brown, CEO of Bright Horizons Family Solutions, and Challenge judge.
On Saturday, April 27, 2002, 24 finalist teams will come to New York, all expenses paid, to compete for $100,000 in cash prizes, plus funding for the winning plan. And, if all that wasn`t enough, one person will be crowned the Forbes Future Capitalist at the gala dinner and awards ceremony to be held that evening.
For more information on the Challenge, along with a complete set of rules, interested students can log-on to www.UpToTheChallenge.com. Registration is easy and it’s free.
About Carrot The Challenge is sponsored by the Carrot Capital Education Foundation, a non-profit corporation, which, in turn, is associated with Carrot Capital LLC. Carrot Capital is a New York-based venture capital firm that invests in seed and early stage businesses. Carrot Capital seeks out entrepreneurs with brilliant ideas for a business and provides capital and management expertise to help them succeed. For more information, visit the Carrot Capital web site at www.carrotcapital.com.
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