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Mtech Announces 20 Semifinalists for the University of Maryland $75K Business Plan Competition
The Maryland Technology Enterprise Institute (Mtech) today announces 20 high-technology and biotechnology semifinalists for the University of Maryland $75K Business Plan Competition. Now in its eleventh year, the competition has served as a launch pad for Inc. 500 companies.
Semifinalists were selected among 71 entries in the categories of high-technology and biotechnology and undergraduate students. Entries, submitted as executive summaries, were advanced based upon their value proposition, competitive advantage, target market, business model, intellectual property, and clarity.
Finalists will be announced April 5. On May 6, as part of the University of Maryland $75K Business Plan Competition finals, they will present their companies to a panel of judges from the regional venture-building community before a live audience at the Stamp Student Union.
High-Technology and Biotechnology Category
The University of Maryland $75K Business Plan Competition is administered by the Maryland Technology Enterprise Institute (Mtech), an initiative of the A. James Clark School of Engineering. Previous winners include five multi-million dollar ventures, including Squarespace and Lurn, both of which were named to the Inc. 500 list for the second straight year.
The competition encourages students, faculty and researchers at the University of Maryland to leverage their talent and ideas to create tomorrow's leading companies. The competition process, its mentors, partners and cash prizes have helped many students, faculty and researchers build their own companies.
For more information about the University of Maryland $75K Business Plan Competition, visit www.bpc.umd.edu.
March 8, 2011