Startup competition

Student entrepreneurs compete for cash prizes at Startup Drury Competition

SPRINGFIELD, Mo., April 3, 2013 — Over the past seven weeks, teams of students have been working on business plans hoping to land “the next great idea.” On Thursday, April 4 at 11 a.m. in the Findlay Student Center Ballroom, Drury will crown its first winner in Startup Drury–the Run for the Curt Strube Cup, named for the late Director of the Breech School of Business Administration.

The winning team will win a $1,000 cash prize, and that group will also have the opportunity to attend the College Entrepreneurship Organization’s National Conference and compete in the Elevator Pitch competition. Second and third place teams earn $500 and $250 respectively.

“What is so great about university-wide business model competitions is that we get students with all kinds of majors involved—it pushes entrepreneurship beyond the business school,” said Dr. Kelley Still, executive director of the Edward Jones Center for Entrepreneurship. “Using the Business Model Generation Canvas (see businessmodelgeneration.com) allows students with limited training to see all the aspects of a start-up that must be considered and realize where they will need to recruit expertise.”

This is a rigorous review process. Each business model has nine parts. Judges reviewed the first six parts of each business model to narrow the field to ten. The ten finalists will make their presentations from 11 a.m.-12:15 p.m. on April 4. They will break for lunch while the judges deliberate. At 1 p.m., the judges will hand out awards for the top three plans.

Additionally, the plan with the best chance of high growth will have an opportunity to present to the Springfield Angel Network. The idea with the broadest appeal will have an opportunity to raise capital on CrowdIt, and the top “green” business idea will attend the Missouri Environmental Initiative.

Judges for the competition are:

  • Leon Combs, retired entrepreneur
  • Jason T. Graf, founder, CrowdIt, LLC
  • Brenda Ryan, founder, Alliance Technologies and Ryan Industries, Inc.
  • Rob Wheeler, owner MarBeck.com
  • Kailey York, partner, Clayton, York and Hopp, CPAs

Drury University’s Edward Jones Center for Entrepreneurship would like to thank the judges, sponsors and team mentors. Over 20 professionals from the community mentored teams in the competition.

MarBeck.com is the presenting sponsor. Engineered Packaging, Chuck Banta and CrowdIt are supporting sponsors.

Drury University’s Collegiate Entrepreneurship Organization, Drury on C-Street and the Edward Jones Center for Entrepreneurship are co-hosting Startup Drury.

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Drury recognizes Entrepreneurship Week with kickoff of Idea Competition

SPRINGFIELD, Mo., Feb. 13, 2013 — On Thursday, Feb. 14, some of Drury’s most entrepreneurial minds will begin a quest to create Drury’s best business model and win a $1,000 cash prize. The Startup Drury Idea Competition will culminate with final presentations on Thursday, April 4. The event is on the eve of National Entrepreneurship Week, which runs Feb. 16-23.

The competition is open to current Drury undergraduates or December 2012 graduates. Teams will be made up of one-to-four students and each team will be assigned a mentor from the community and the teams will be required to meet with the mentor at least three times as they develop their business models.

Besides the $1,000 cash prize for the winning team, that group will also have the opportunity to attend the College Entrepreneurship Organization’s National Conference and compete in the Elevator Pitch competition. The second and third place teams will win $500 and $250 respectively. Additionally, the idea with the best chance of starting up quickly will have an opportunity to present to the Springfield Angel Investors Network. The idea with the broadest appeal will have an opportunity to raise capital on Crowd-It, and the top “green” business idea will attend the Missouri Environmental Initiative.

When students meet in the Breech School of Business to begin the competition, they’ll hear from Drury freshman Jerrod Harmon. Harmon co-owns EDJy, an extreme sports apparel company that focuses on skateboarding, surfing and BMX. Harmon owns the company with his brother and cousin and works with Skate for Change to provide food and water to low-income and homeless people.

Drury University’s Collegiate Entrepreneurship Organization, Drury on C-Street and the Edward Jones Center for Entrepreneurship will co-host the Startup Drury Idea Competition.

Media: The Startup Drury Idea Competition begins at noon on Thursday, Feb. 14, in the Breech School of Business, Room 200.

Media Contact: Dr. Kelley Still, Director of the Edward Jones Center for Entrepreneurship, Office: (417) 873-7458, Email: kstill@drury.edu

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