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WBJ - WSU's Shocker New Venture Competition spotlights young minds
Every so often an idea comes along that wows just about everyone.
That's the idea that judges at the Shocker New Venture Competition are looking for during Friday's all-day startup competition for Wichita State University students.
The Center for Entrepreneurship at WSU boiled the competition down to 55 students who will compete for the top prize — a $25,000 investment in their project, which WSU says is the largest for any collegiate competition of its type in the state.
The second-place winner will receive $7,000, with $4,000 going to the third-place finisher.
"It provides aspiring student entrepreneurs a unique opportunity to get some real world experience," said Nancy Kersenbrock, associate director of the Center for Entrepreneurship at WSU. "It allows them to pitch their ideas for startups, to really work on refining their business strategies and then just getting valuable insight into what it takes to actually launch a successful business."
The trade show runs from 1 to 2 p.m., followed by a keynote speaker and elevator speeches. The public is invited to the trade show, which takes place at Koch Arena on the WSU campus.
The Shocker New Venture competition started in 2007 with the goal to provide students an opportunity to launch their products.
Students have already completed the first round, in which they submitted a three-minute business model video.
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