$10,000 Opportunity for IC Students

03/10/2006

Contributed by Terry Beckley

The IC Gerontoogy Institute announces that The Center for Innovation and Entrepreneurship at the Leavey School of Business at Santa Clara University is presenting the Third Annual $10,000 Boomer Business Plan Competition.

THIS OPPORTUNITY IS BROUGHT TO YOU BY THE
ITHACA COLLEGE GERONTOLOGY INSTITUTE
Division of Interdisciplinary and International Studies

The Third Annual $10,000 Boomer Business Plan Competition

IMPORTANT DATES

April 7, 2006
Contestants register to enter

April 7, 2006
Executive summaries due (3-5 pages)

April 21, 2006
Top 20 semifinalists selected, all contestants notified

May 19, 2006
Top 20 semifinalists’ complete business plans due

June 2, 2006
Top 5 finalists selected, all semifinalists notified

June 20, 2006
Competition presentations - top 5 business plans.
Grand Prize Winner Selected

If you have questions about the$10,000 Boomer Business Plan Competition?
Please e-mail: competition@boomerventuresummit.com

If you have questions about the 45+ market?
Please e-mail: inquiries@boomerventuresummit.com



HERE ARE THE DETAILS

The Center for Innovation and Entrepreneurship
Leavey School of Business at Santa Clara University

Presents the

The Third Annual $10,000 Boomer Business Plan Competition

ATTENTION: Ithaca College Students – Entrepreneurial Opportunity

Why you should develop innovative products and services for the 45+ market?
The baby boomer market represents over $2 trillion in annual spending power! The first of 76 million baby boomers turned 60 in January 2006 and by the year 2030 there will be 71.5 million Americans age 65 and older, more than double the number of Americans currently within that demographic. A massive demographic shift means new opportunities for growth, service and profit. Do you have a business plan or startup venture that shows significant business potential for this burgeoning market?

Boomer Business Plan
From early-stage ventures in medicine to media, fashion to financial services and beyond, we invite you to enter this exciting $10,000 Boomer Business Plan Competition. This Competition aims to stimulate the best ideas from the best universities and tap into the business expertise and creativity of today’s entrepreneurs who are addressing the 45+ market. It provides contestants with the opportunity to meet investors and partners, secure resources and get media exposure to help turn dreams into realities. The competition will be held in conjunction with the Second Annual Silicon Valley Boomer Venture Summit, June 20, 2006 at Santa Clara University.

Take advantage of this opportunity!
All entrants will receive feedback on their submissions. The Top 20 semifinalists will have their plans reviewed by venture capitalists and industry experts. The Top 5 finalists, including the Grand Prize Winner, will have the unparalleled opportunities to:
1. present to an esteemed panel of judges at the 2006 Silicon Valley Boomer Venture Summit, an event designed to uncover new opportunities for business and investment in the Boomer marketplace.
2. gain potential media exposure and special invitations from sponsoring companies and the venture community
3. to receive extensive materials on the size and demographics of the market, online and offline sales strategies, access to the top organizations touching the 45+ market (AARP, ASA, BFA, NCOA and others)

Grand Prize is $10,000!
Who is eligible to enter? Open to individuals and teams of students, alumni, faculty or staff at accredited four-year colleges and universities; entrepreneurs from early-stage companies with annual revenues of $0 to $1 million; and independent business professionals.

Competition Prizes
One $10,000 Grand Prize Winner announced June 20, 2006 at the $10,000 Boomer Business Plan Competition. The prize is to be used toward winner’s business or business concept.


FOR ADDITIONAL INFORMATION FROM THE ITHACA COLLEGE GERONTOLOGY INSTITUTE PLEASE CALL 274-1967 OR EMAIL aging@ithaca.edu .

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