Neeley Entrepreneurship Center | Values and Ventures® Business Plan Competition
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ABOUT THE COMPETITION
In 2010, the Neeley Entrepreneurship Center and Dallas real estate entrepreneurs Nancy Tartaglino Richards and Lisa Barrentine of First Preston HT co-founded the competition to honor these successful businesswomen’s belief in making money while making meaning. The competition has grown dramatically in just three years:
|Six schools competed: Babson, Belmont, TCU, Houston, Wake Forest and NYU. Belmont’s team won first prize and $10,000 with their plan to divert waste from landfills while employing disenfranchised people to deconstruct and recycle used mattresses. The business, Spring Back Recycling, celebrated its 30,000th recycled mattress in 2013.
||Seventeen U.S. universities plus two from Canada, one from Croatia, one from The Netherlands and one from Mexico competed for total prize money: $32,500. 26 judges presided. The University of Houston team won first prize and $15,000 with their plan for an online retailer of products and services for people with disabilities.
||Twenty-eight universities from the U.S., Scotland, Mexico, Croatia and Canada competed for total prize money of $40,000. Forty judges and mentors volunteered their time.
The Richards Barrentine Values and Ventures® Business Plan Competition stands out from other business plan competitions by focusing on for-profit enterprises that specifically impact society in meaningful ways. Plans must demonstrate a societal or environmental need to be filled, as well as the profitability of the business.
Values-Centered Enterprise Concepts
A values-centered enterprise assure sustainable prosperity while also supporting the needs of company owners and shareholders, employees and their families, suppliers, customers, communities and the environment. Concepts submitted for this competition should seek to contribute to the health and well-being of specific internal or external stakeholders through its proposed products, services and profits. Examples could include contributions to sustainability, innovations in the health and life sciences, innovations in energy or opportunities for under-represented groups in business.
The two-day competition is scheduled for April 11 and 12, 2014.
Founders Nancy Tartaglino Rigchards and Lisa Barrentine