Students to Receive Cash Prizes for Top Business Concepts

Posted: December 19, 2000 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

Prizes of $100 each will be awarded to teams of George Mason students today for their outstanding business concepts presented as part of the Mason Enterprise Center’s Business Plan Contest. The award ceremony is held today at 2 p.m. in the Mason Hall Boardroom, and President Alan Merten will make the presentations.

The winning teams presented business concepts for a scalable, web-based platform for the enthusiast market; an in-home, economical fetal heart monitor for mothers-to-be; software to encrypt and decrypt files for secure transfer over a network; web-based solutions for the environmental engineering market; a software assessment tool for students, teachers, and administrators in response to the Virginia Standards of Learning tests; a web-based, e-mail-driven infrastructure to increase site traffic for new e-commerce businesses; a line of trendy, modern clothing styles for young executives; a helicopter transport service for the Northern Virginia area; and software to protect networks from malicious code.

The contest is designed to encourage George Mason students from every discipline to use their knowledge and creativity to put together innovative business plans. The contest continues through April of next year and culminates in the awarding of cash prizes of $2,000, $4,000, and $6,000 for the three best complete business plans. Winners will also meet with venture capital sources to present their business plans for potential funding.

The contest is jointly sponsored by Xert Communications, Columbia Capital, Hunton and Williams, and Ernst and Young. For more information, contact Paul Hall of the Mason Enterprise Center at x38129.

Write to at