PROGRAM CONTACT: CAROLYN NORTON
John Pappajohn Entrepreneurial Center
MEDIA CONTACT: GEORGE MCCRORY
300 Plaza Centre One
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
Release:Oct. 7, 2002
Student entrepreneurs can enter in business plan competition
Iowa university and college students interested in starting their own businesses
are invited to compete for three $5,000 grants as part of the Pappajohn New
Venture Business Plan Competition.
This competition is sponsored by venture capitalist John Pappajohn and Equity
Dynamics Inc. in coordination with the four John Pappajohn Entrepreneurial
Centers (JPEC) across the state, including the University of Iowa JPEC in
Iowa City. An Intent to Compete Form for the competition must be filed at
JPEC by Oct. 14. Application materials can be obtained through the University
of Iowa John Pappajohn Entrepreneurial Center in Suite S160 in the Pappajohn
Grants will be awarded to the top three business plans submitted in the statewide
student competition. Plans will be judged based on their content and viability.
On Dec. 13, regional award winners will give oral presentations to Pappajohn
and his Equity Dynamics staff in Des Moines, and the three $5,000 awards will
be presented at a luncheon that day.
Eligibility requirements are:
* Full- or part-time undergraduate or graduate students registered for fall
of 2002 at any Iowa post-secondary educational institution are eligible for
* Plans may be submitted by an individual or by a team of students.
* Teams must consist of at least one student member.
* Teams must consist of five or fewer members.
* Business plans must be for a start-up business only (not for an existing
In the 2001 competition, the UI team of James Fenton and Vikas Goel won
a $5,000 grant for their biomedical solutions business plan.
Complete application materials, eligibility requirements, and guidelines
are available at the UI JPEC in Room S160 of the Pappajohn Business Building
on the UI campus.
For more information, contact Carolyn Norton at the UI JPEC, (319) 335-1022