[Bioundgrd] Fwd: MIT $50K $1K Executive Summary Due Wednesday, 11/17

[Janice Chang]

>From: Laura Kim
>MIT $50K Internal Marketing Head
>MIT Entrepreneurship Center
>
>
>___________________________________________________________
>
>MIT $50K Entrepreneurship Competition
><http://50k.mit.edu/>http://50k.mit.edu/
>___________________________________________________________
>
>******** $1K ENTRIES ARE DUE ON NOVEMBER 17TH ***********
>
>Expand your horizon!
>Test your ideas!
>Build a great team!
>
>This year's $1K Executive Summaries are due on November 17th. 
>
>To learn more about the $1K competition and to submit an entry 
>online, go to: http://50k.mit.edu/entrant/entering.php
>
>$1K Entry Kit is available for download at:
>
><http://50k.mit.edu/docs/2003-2004_1K%20Entry%20Kit.pdf>http://50k.mit.edu/docs/2003-2004_1K%20Entry%20Kit.pdf
>
>
>ABOUT THE $1K
>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.
>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.
>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:
>
>What problem are you solving?
>How big is the market? How many people have this problem?
>How does your product/service solve the problem?
>Who are your customers? Who will be your first customer?
>What is the competitive advantage of your product or service?
>How will you develop and sell this product/service?
>
>ABOUT THE MIT $50K:
>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.
>
>___________________________________________________________
>
>MIT $50K Entrepreneurship Competition
><http://50k.mit.edu/>http://50k.mit.edu/
>___________________________________________________________
>
>
>
>
>
>
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