Finalists announced in Springboard Challenge

Posted March 28, 2011

The finalists have been chosen for ACU's 2011 Springboard Ideas Challenge mini-business plan competition. The winning entrepreneurs will be announced at the awards dinner on Thursday, March 31.

"This competition promotes the entrepreneurial spirit in our region and enables aspiring entrepreneurs in our colleges and communities to come one step closer to launching their own venture," says Dr. Jim Litton, director of the Griggs Center for Entrepreneurship & Philanthropy and assistant professor in ACU's College of Business Administration.

Finalists were chosen in three divisions: student division, community pre-revenue and community post-revenue. These contestants will advance to the final round of the competition, presenting their business plans before a panel of judges.

The goal of the annual competition, now in its fourth year, is to provide aspiring area entrepreneurs with the opportunity to make their business plans a reality with significant cash and in-kind prizes. Teams of up to four members submit mini-business plans as if to potential investors.

"We are excited about the variety and quality of ideas submitted this year and look forward to seeing who wins next week," says Litton.

The full list of finalists can be found on the COBA website. The winners chosen from among these business plans will be honored at the awards dinner in the Hunter Welcome Center on March 31, 6:30-8:30 p.m.

The awards dinner will also feature guest speaker Jessica Jackley, co-founder of Kiva, the revolutionary microlending website. Tickets are $15 and on sale online. Learn more about the Sprinboard Ideas challenge on the Springboard website.