The Rice Business Plan Competition awards more than $675,000 in cash and prizes!
The 2008 Rice Business Plan Competition (RBPC) awarded more than
$675,000 in cash and prizes at an awards banquet on Saturday, April 5, which nearly doubled the
prizes compared to last year’s competition. The banquet marked the conclusion of the three-day RBPC,
the largest and richest intercollegiate business plan competition in the world.
This year the competition was joined by FORTUNE Small Business and the competition will be
featured in the May 2008 issue of the magazine and on CNNMoney.com
The event, hosted by the Rice Alliance for Technology and Entrepreneurship and Jesse H. Jones
Graduate School of Management at Rice University, marked the eighth installment of the
RBPC. Thirty-six of the top MBA/graduate schools from around the world presented business plans in
front of a judging panel of over 170 venture capitalists, investors, and business executives. The
distinguished judges were selected based on their expertise in venture capital, early-stage investing,
and entrepreneurship.
The competition’s Grand Prize was valued at over $325,000 and included a $225,000 equity
investment, $20,000 cash and over $80,000 of business services including office space, marketing
support, and business mentoring. The Grand Prize was awarded to qcue from The University of
Texas at Austin. Qcue is a dynamic pricing solution for concert promoters, sports teams, and venues.
Its software application transforms existing box offices into electronic markets by implementing
elements of airline pricing and NASDAQ trading to provide dynamic pricing based on market
conditions, while hosting a secondary market which is seamlessly integrated with the primary market. (award winners, press release)
Congratulations to the following 36 teams which participated in the 2008 Rice Business Plan Competition: |
| BITS Pilani, India |
|
Vidyut Shakti |
| Brigham Young University |
|
Klymit |
| Carnegie Mellon University |
|
NeuroBank |
| Duke University |
|
Cerene Biomedics |
| Georgia Tech |
|
DiagNano |
| Harvard University |
|
Enexra |
| Hong Kong University of Science and Technology |
|
Zeopane Microneedles |
| IIT Kharagpur |
|
Diamas Coats |
| Kennesaw State University |
|
HydroCoal Technologies |
| Lancaster University |
|
GlucoFast |
| MIT |
|
Aura BioSciences |
| MIT |
|
Project Einstein |
| Northwestern University |
|
Wine with a Passion |
| The Ohio State University |
|
Traycer Diagnostic Systems |
| Rice University |
|
Lab Extensions |
| Southern Methodist University |
|
LAB802 |
| Texas A&M University |
|
AiB Pharma |
| UCLA |
|
FiberView |
| University of Aarhus |
|
IMMUTELL |
| University of Arkansas at Little Rock |
|
TruSource Technologies |
| University of Cambridge |
|
Auto TB |
| University of Chicago |
|
Etoh Pharmaceuticals |
| University of Georgia |
|
Boreas Snowboards |
| University of Illinois at Chicago |
|
BioRegenix |
| University of Illinois at Chicago |
|
HeartSounds |
| University of Maryland |
|
Callinix |
| University of Maryland |
|
Remedium Technologies |
| University of Michigan |
|
Potentia |
| University of North Carolina at Chapel Hill |
|
Nolia Athletic Apparel |
| University of Oklahoma |
|
Perpetual Pharmaceuticals |
| University of Texas at Austin |
|
Fantasy Action Network |
| University of Texas at Austin |
|
qcue |
| University of Texas at Dallas |
|
MicroTransponder |
| University of Virginia |
|
Husk Power Systems |
| University of Waterloo |
|
Everlighting Innovation |
| Wake Forest University |
|
Filigree Nanotech |
|
Deadlines
Monday, March 3, 2008 Teams Accept Invitation
Friday, March 7, 2008 Submit Written Business Plans |
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Success Stories
The 2006 winners of the Rice Business Plan Competition are revoltionizing the way tractor-trailers are traveling highways by improving the trucks' efficiency and reducing their impact on the environment.
Read more about other team successes since competing at the RBPC. |
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Recent News
Rice Alliance Announces $20,000 "NASA Earth/Space Life Science Innovation Award."
Read more about the 2007 winners of the Rice Business Plan Competition including the Grand Prize Winner - ResuRx Pharmaceuticals.
DVDs from 2007 Competition now available.
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