Top prizes announced at Business Plan Competition

The 22nd Annual Burton D Morgan Business Plan Competition announces top prizes.

Purdue elevator pitch competition

Registration is now open for the Purdue elevator pitch competition.  It will take place on March 27 from 2 – 5 pm.  There are cash prizes for 1st, 2nd, and 3rd place.

11 Businesses You Can Start in your Pajamas

Inc Magazine: 11 Businesses You Can Start in Your Pajamas

For the above entrepreneurs, wearing pajamas for a day at the office isn’t far from reality. From pet care to virtual assistants and even online dating, we found entrepreneurs who are not just enjoying work from their living rooms and bedrooms, but they are also making a good living at it. In one case, a business owner grossed $10 million in a year, and cleared half that amount. Here’s a look at the hottest industries for home-based entrepreneurs — illustrated with some fun CEO self-portraits.

Small Business of the year contest

The Indiana Chamber of Commerce is accepting nominations for the Small Business of the year contest.

Purdue Plans Multidisciplinary Entrepreneurship Conference

The Burton D. Morgan Center is planning a workshop for next month.  The workshop will run from 8:30 a.m. to 4 p.m. Aug. 19 in Plainfield, Ind., at Chateau Thomas.

Purdue Launches Fund to help Startups

The Purdue Research Foundation and Purdue University have launched a new philanthropic effort to help fund startup companies.  Read the article at Inside Indiana Business or the official Purude press release for more details

Winner announced in entrepreneurship contest

Shane Fimbel, technology manager at the Purdue Research Foundation, has won the Incubicity contest. Incubicity is an entrepreneurship competition aimed at boosting economic development by championing local ideas.

Indiana Business Builder

Indiana Business Builder is a new tool being offered through the Indiana Cooperative Library Services Authority. It offers a wide array of tools to assist Indiana businesses of all sizes. These include:

• ReferenceUSA
• Quality Web Links
• Info about non-profits
• educations opportunities

For questions please contact us at the Management and Economics Library (kranlib@purdue.edu)
-MEL

Lemonade Stand Contest

The Management and Economics Library will be coordinating a contest for students, faculty and staff to see who’s Lemonade Stand is the most profitable. Below find an overview of the game, and some initial ideas for the contest. Comments and suggestions are welcome, just send an email to kranlib@purdue.edu with Lemonade Stand in the subject line.

Overview:

As the owner of a lemonade stand you have 30 days to run your business and hopefully turn a profit. You have control over your price per cup, the amount of lemons and sugar per pitcher of lemonade and the amount of ice per cup. You will also need to buy your supplies and watch the weather. As you operate each day you will get feedback from your customers on things like your price and your product. Try to maximize customer satisfaction, inventory, and price to complete 30 days in the black. At the end of the month you will get a report on gross profit, expenses and your net revenue.

Contest Ideas:

This is a simple java based web game (play is usually less than 1 hour) and there is no built in leader board, so the staff at MEL have decided to create one! Bring us a print out of you final report with the net profit and we will add you to the Top 10 Leader Board. This list will be kept in the library and updated on the display screen in RAWLS each day during the contest. Length of contest and prizes are still being determined. For comments and suggestions feel free to drop us a line: kranlib@purdue.edu

-MEL

Upcoming Entrepreneurship Competitions

Feb. 28: 5th Annual Burton D. Morgan Center for Entrepreneurship Life Sciences Business Plan Competition.  Awards total $174,000.  Registration deadline is closed, and finalists will be announced Feb. 5.  For more information, go to http://www.purdue.edu/dp/Entrepreneurship/programs/lifesciences/

Mar. 1: Purdue Idea-to-Product Competition for Social Entrepreneurship. 
Winners advance to national competition at Georgia Tech University in Atlanta April 5.  The registration process is underway.  For more information, go to http://innovate.ecn.purdue.edu/src/i2p.php

Mar. 28: Purdue Elevator Pitch Competition.
Registration is underway.  Awards total $1,750.  For more information, go to http://www.purdue.edu/dp/Entrepreneurship/programs/certificate/certificateElevator.php

Apr. 8: 21st Annual Burton D. Morgan Entrepreneurial Competition.
Awards total $100,000. Registration deadline for the business plan competition is Feb 8.  For more information, go to http://www.purdue.edu/dp/Entrepreneurship/programs/competition/bdmCompetition