On Thursday, Feb. 14, some of Drury’s most entrepreneurial minds will begin a quest to create Drury’s best business model and win a $1,000 cash prize. The Startup Drury Idea Competition will culminate with final presentations on Thursday, April 4. The event is on the eve of National Entrepreneurship Week, which runs Feb. 16-23.
The competition is open to current Drury undergraduates or December 2012 graduates. Teams will be made up of one-to-four students and each team will be assigned a mentor from the community and the teams will be required to meet with the mentor at least three times as they develop their business models.
Besides the $1,000 cash prize for the winning team, that group will also have the opportunity to attend the College Entrepreneurship Organization’s National Conference and compete in the Elevator Pitch competition. The second and third place teams will win $500 and $250 respectively. Additionally, the idea with the best chance of starting up quickly will have an opportunity to present to the Springfield Angel Investors Network. The idea with the broadest appeal will have an opportunity to raise capital on Crowd-It, and the top “green” business idea will attend the Missouri Environmental Initiative.