Calling all student entrepreneurs
University of Virgin Islands sponsoring entrepreneurship competition
virginvoices.com staff
The university of the Virgin Islands is launching a student entrepreneurship competition.
University of the Virgin Islands student entrepreneurs with business ideas could win money and backing for their new business concept.
A $5 million gift to UVI from investment strategist and entrepreneur Kiril Sokoloff, the founder of 13D Research (USVI) LLC (13D), will endow the 13D Student Entrepreneurship Competition, a Distinguished Professor of Entrepreneurship, and an Entrepreneurial Speaker Series.
Teams on each UVI campus will be invited to enter two rounds of competition. There will be one first-place winning team winning a prize of $30,000, one second-place team that will recieve $20,000 and one third-place team netting $10,000.
Teams will pitch their ideas, business models, and early plan structures to a group of mentors who will evaluate them and provide feedback, leading up to the first round of competition in mid-February.
“The 13D Student Entrepreneurship Competition is a transformative opportunity for our students and the entire University,” said UVI President Dr. David Hall. “I envision numerous new business ventures in the Virgin Islands and the Caribbean that are a direct result of this competition. This competition is evidence of the University’s ongoing commitment to providing students with real-life learning experiences that have the capacity to change their lives.”
The 13D Student Entrepreneurship Competition is open to UVI undergraduate and graduate students in all disciplines.
For more information please contact Dr. Glenn Metts in the UVI School of Business by e-mail at gmetts@uvi.edu or by telephone at 340 693-1303 or 419 297-2060.
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