Burton D. Morgan Competition Kicks Off

Posted: Updated:
(Image courtesy of Purdue University) (Image courtesy of Purdue University)
WEST LAFAYETTE -

The preliminary stage of the 31st Burton D. Morgan Business Model Competition at Purdue University will begin Wednesday in West Lafayette. The student competition features prizes of up to $100,000. The school says half of the finalists have started their own businesses.

The competition will be held at the Honors College Great Hall at the Honors College and Residences on-campus. Managing Director Arnold Chen says "for 30 years, this competition has been putting our innovators on the fast track to the successful commercialization of technology and the development of a successful business. This year, we cover another vital step in that process: developing and refining a business model."

The three categories involved in this year's competition are: open/big idea, for concepts with large market, monetary and geographic footprints; social innovation, for concepts that address socioeconomic needs and challenges; and small business, for concepts that touch smaller geographic regions.

Finals are scheduled for February 22 and 23. You can connect to more on the competition by clicking here.

  • Perspectives

    • Can You Fulfill Your Quest?

      All of us have dragons to slay. At work or at home, in personal or professional relationships, each of us is on a Quest to find the treasure or save the prince/princess. Or perhaps, our goal is more prosaic: getting that promotion, standing up to that bully, or finishing that big project. In his book The Seven Basic Plots, Christopher Booker lists seven story forms which story tellers employ over and over. Each is plot is linked to a fundamental metaphysical Question that we...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Books & Brews Acquires Flat12 Bierwerks

      Indianapolis-based Books & Brews has announced its acquisition of Flat12 Bierwerks, also based in Indy. Financial terms of the deal are not being disclosed, however Books & Brews says it will continue to operate Flat12 under the same brand name. The acquisition is a continuation of an existing partnership between the two entities. Books & Brews says Flat12 has been a brewery partner for the past two years, brewing all of B&B's flagship and seasonal beers.

    • High Schools Launch Manufacturing Businesses

      Two student-run manufacturing businesses have launched in southern Indiana. The companies, Eagle Manufacturing at Brown County High School in Nashville and Lion Manufacturing at Loogootee High School in Martin County, are designed to give students hands-on, real world experience. The businesses were funded with grants from Bloomington-based nonprofit Regional Opportunity Initiatives Inc. In an interview with Inside INdiana Business, ROI Chief Executive Officer...

    • Fair Oaks Farms to Open New Hotel

      After more than a year of construction, Fair Oaks Farms will Thursday open its new $15 million hotel. The Fairfield Inn by Marriott, Fair Oaks Farms features 99 rooms, including 31 suites, some of which are located within two silos on the property.

    • Haan Crafts Closing in Benton County

      Haan Crafts LLC says it will close its facility in Benton County, resulting in 27 layoffs. The more than 40-year-old company says a growing number of schools cutting sewing classes has made it impossible to sustain "a profitable, stand-alone business."

    • Indiana's Safest Cities Ranked

      The National Council for Home Safety and Security has released its annual list of the Safest Cities in Indiana. The list was compiled using the most recent FBI Uniform Crime Statistics combined with the council's own population data and internal research. Cities were ranked based on the number of reported violent crimes and property crimes per 1,000 people. Cities that failed to submit a complete crime report to the FBI and cities with populations under 10,000 were excluded from the...