September 1, 2009
Student callout set for Purdue's annual business plan competitionWEST LAFAYETTE, Ind. - A callout for the 2010 Burton D. Morgan Business Plan Competition will be held at 6 p.m. on Sept. 8 and 9 in Discovery Park's Burton D. Morgan Center for Entrepreneurship, Room 121.
The 23rd annual competition, scheduled for Feb. 23, offers a total prize package of $100,000 to the student teams that develop and present business plans for viable new ventures.
"The callout will explain the competition to students and will offer tips to those who have a great business idea but need guidance for putting together a business plan to turn that idea into reality," said Nathalie Duval-Couetil, associate director of the Burton D. Morgan Center.
The event is open to all Purdue students. Teams composed of undergraduate students will compete in the Black Division, and teams of faculty, staff, graduate students, alumni and area business people will compete in the Gold Division. Top prize in the Black Division is $20,000, while the winner of the Gold Division will receive $30,000.
Registration for the 2010 event begins Sept. 8. Competition sponsors are the Burton D. Morgan Center for Entrepreneurship and the Krannert School of Management at Purdue. For information, contact Jackie Lanter at 765-494-1335, firstname.lastname@example.org, or visit http://www.purdue.edu/entrepreneurship
The late Burton D. Morgan was a Purdue alumnus who started 50 companies, six of which have become major corporations, including Morgan Adhesives, one of the world's largest makers of pressure-sensitive adhesives. He also was president of Basic Search Co., an idea-development firm, and wrote several books on entrepreneurism.
Morgan established the entrepreneurship competition in 1987 with an endowment gift to Purdue. The Burton D. Morgan Foundation funded the $7 million, 31,000-square-foot Center for Entrepreneurship. The center also leads Purdue's Kauffman Campuses Initiative, which is focused on making entrepreneurship education available across the university's main and regional campuses, enabling any student, regardless of field of study, access to entrepreneurial training.
Writer: Phillip Fiorini, 765-496-3133, email@example.com
Source: Nathalie Duval-Couetil, 765-494-7068, firstname.lastname@example.org
Purdue News Service: (765) 494-2096; email@example.com
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