Jeremy DeSpain returns to his alma mater as a judge for the University of Washington Business Plan Competition. The Center for Technology Entrepreneurship (CTE) is a relatively new program designed to teach entrepreneurial strategy, marketing and new venture financing. Connecting the students with experienced entrepreneurs and venture capitalists is critical to transform these business plans into new companies. “When entrepreneurship runs in your veins, I really enjoy working with next generation technology innovators,” said Jeremy DeSpain, B.A. ’96. “The UW Business School gave me the confidence to pursue my entrepreneurial spirit while still attending classes in the early 90’s, this is my chance to stay involved and contribute to the growth of the business school.” Teams from Gonzaga, Seattle University, WSU and UW submitted business plans this year.
The UW Center for Technology Entrepreneurship Business Plan Competition is a real-world exercise that gives undergraduate, graduate and Ph.D. program students the opportunity to develop their ideas for new ventures, earn seed funding for their start-ups, and network with leaders in the Northwest’s entrepreneurial community. Students routinely cite the Business Plan Competition as the highlight of their educational career at the University of Washington. Last year, 40 teams from six Washington universities competed in the event, with more than $88,000 in prize money going to the winning teams.
The Awards Dinner will be held May 17th, 2004 at the Bell Harbor International Conference Center on the Seattle waterfront where the winners will be announced. The winning teams will receive prize money to fund their ideas. Several past winners launched and grew their business plans into thriving enterprises.
For more information on the UW CTE’s Business Plan Competition, visit their website.