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--></style><title>Fwd: MIT $50K $1K Executive Summary Due Wednesday,
11/17</title></head><body>
<blockquote type="cite" cite>From:<font face="Times New Roman"> Laura
Kim</font></blockquote>
<blockquote type="cite" cite><font face="Times New Roman">MIT $50K
Internal Marketing Head</font></blockquote>
<blockquote type="cite" cite><font face="Times New Roman">MIT</font>
Entrepreneurship Center</blockquote>
<blockquote type="cite" cite><font
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1">___________________________________________________________</font
></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="-1">MIT $50K
Entrepreneurship Competition</font></blockquote>
<blockquote type="cite" cite><a href="http://50k.mit.edu/"><font
face="Arial" size="-1">http://50k.mit.edu/</font></a></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1">___________________________________________________________</font
></blockquote>
<blockquote type="cite" cite><font
face="Times New Roman"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="+2"><b>********
$1K ENTRIES ARE DUE ON NOVEMBER 17TH
***********</b></font></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial">Expand your
horizon!</font></blockquote>
<blockquote type="cite" cite><font face="Arial">Test your
ideas!</font></blockquote>
<blockquote type="cite" cite><font face="Arial">Build a great
team!</font></blockquote>
<blockquote type="cite" cite><font
face="Arial"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial">This year's $1K
Executive Summaries are<b> due on November
17th</b>. </font></blockquote>
<blockquote type="cite" cite><font
face="Arial"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial">To learn more about
the $1K competition and to submit an entry online, go to:
http://50k.mit.edu/entrant/entering.php</font></blockquote>
<blockquote type="cite" cite><font
face="Arial"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial">$1K Entry Kit is
available for download at:</font></blockquote>
<blockquote type="cite" cite><font
face="Arial"> </font></blockquote>
<blockquote type="cite" cite><a
href="http://50k.mit.edu/docs/2003-2004_1K%20Entry%20Kit.pdf"><font
face="Arial">http://50k.mit.edu/docs/2003-2004_1K%20Entry%20Kit.pdf</font
></a></blockquote>
<blockquote type="cite" cite><font
face="Arial"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="-1">ABOUT THE
$1K</font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="-1">The $1K
Warm-Up is a spin-off of the $50K Entrepreneurship Competition. This
fall competition gives students an opportunity to test out their
creative business ideas prior to the full $50K Entrepreneurship
Competition.</font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="-1">All entrants
receive feedback from the $1K judges. Many entrants use this feedback
to improve their business concepts for the $50K Competition in the
spring. The most creative, original, and viable business ideas also
win cash prizes.</font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="-1">To enter the
competition, you must submit an idea to start a business. The proposal
is limited to 3 pages (1200 words) and should at least address the
following questions:</font><br>
</blockquote>
<blockquote type="cite" cite>
<ul>
<li><font face="Arial" size="-1">What problem are you solving?</font>
<li><font face="Arial" size="-1">How big is the market? How many
people have this problem?</font>
<li><font face="Arial" size="-1">How does your product/service solve
the problem?</font>
<li><font face="Arial" size="-1">Who are your customers? Who will be
your first customer?</font>
<li><font face="Arial" size="-1">What is the competitive advantage of
your product or service?</font>
<li><font face="Arial" size="-1">How will you develop and sell this
product/service?</font></ul>
</blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="-1">ABOUT THE
MIT $50K:</font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="-1">The MIT $50K
pairs the world's top business, engineering, and science students
together to explore development of new companies. The MIT $50K judges
and its team of mentors have a joint goal to help MIT students learn
about entrepreneurship and start successful companies. The MIT $50K
Mentor Program matches entrant teams with successful business people
that share a common interest and have the skills, contacts or insight
to help a team with their business plan. The result is tremendous
experience for the students and a surprising number of successful
companies launched while students are completing their
degrees.</font></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1">___________________________________________________________</font
></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font face="Arial" size="-1">MIT $50K
Entrepreneurship Competition</font></blockquote>
<blockquote type="cite" cite><a href="http://50k.mit.edu/"><font
face="Arial" size="-1">http://50k.mit.edu/</font></a></blockquote>
<blockquote type="cite" cite><font face="Arial"
size="-1">___________________________________________________________</font
></blockquote>
<blockquote type="cite" cite><font
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font
size="-1"> </font></blockquote>
<blockquote type="cite" cite><font
size="-1"> </font></blockquote>
<blockquote type="cite" cite><br>
<br>
</blockquote>
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