ACU’s SpringBoard Ideas Challenge entrepreneurs

ACU’s SpringBoard Ideas Challenge entrepreneurs

ACU’s SpringBoard Ideas Challenge entrepreneursMarch and April are the two months that local budding entrepreneurs can pit their ideas against other students and faculty from Abilene Christian University, Hardin- Simmons University, McMurry University, the Texas Tech University at Abilene, Texas State Technical College and Cisco Junior College in ACU’s SpringBoard Ideas Challenge.”We’re really excited {{more}} about the possibilities that SpringBoard holds, not just for ACU, but for the Abilene community as a whole,” said Dr. Rick Lytle, dean of ACU’s College of Business Administration. “The idea of building a link between the business and academic communities is something that is often talked about but rarely acted upon, and we feel like SpringBoard is going to do an excellent job of tying those together.”The competition requires that participants submit a mini-business plan for consideration by a panel of judges. Students will compete in one category, while faculty will compete in another. Cash prizes will be awarded to first, second and third place finishers, as well as honorable mentions in each category.For the first, second and third place winners, as well as the honorable mentions, $30,000 in prize money is available. Finalists will present their ideas to a panel of judges selected from the business and academic communities.”SpringBoard should promote economic growth for Abilene and the surrounding counties,” said Michael Monhollon, dean of Kelley College of Business at Hardin-Simmons University. “The Development Corporation of Abilene and others work hard to bring businesses to Abilene, but we need to grow our own, too. SpringBoard is providing important encouragement to a broad segment of our potential entrepreneurs.”Companies or individuals interested in sponsoring the contest may choose from three levels of involvement. Sponsors may contribute at the Platinum level of $5,000, the Gold level of $3,000 or the Silver level of $1,000. Sponsors will be listed in all contest advertising and promotion materials, and a small group will also be invited to host the Awards Dinner to be held at the conclusion of the contest. Interested parties can email Tanner at springboardchallenge@gmail.com for more information. To learn more about the competition, visit the SpringBoard website at www.springboardchallenge