Fall 2009 Concept-2-Reality Competition
solicits entries
Kennesaw State presents contest looking for new business ideas

Contact/Writer: Aixa M. Pascual, 678-797-2549

KENNESAW, Ga. (Sept. 25, 2009) —  Kennesaw State University presents the fall 2009 Concept-2-Reality Competition to help budding entrepreneurs launch promising new businesses. The competition is open to all current and former KSU students, faculty, staff and the community.

WHAT
The 2009 Concept-to-Reality Competition, a semiannual competition sponsored by the Michael J. Coles College of Business at Kennesaw State University, is looking for great ideas for new products. Twenty-five semifinalists will be selected to submit detailed executive summaries of their business concepts. Five finalists will be selected to present their concepts to a panel of angels, entrepreneurs and venture capitalists. The top two winning concepts will receive cash prizes of $1,000 and $500.

The fall 2007 Concept-2-Reality Competition winner, the Breast Check Kit, recently launched its venture, and the spring 2008 competition winner, NuVision Pharmaceuticals (formerly known as NatureCure Technologies), won the 2008 Global Idea-2-Product Competition.

For entry forms, sample ideas and more information, please visit http://coles.kennesaw.edu/pages/sife/C2R/website/C2R_Home.html

WHO
The competition is the brainchild of Charles Hofer, Regents professor of strategy and entrepreneurship at the Coles College of Business. Hofer, an expert in launching new businesses, was named by Fortune Small Business one of the top 18 entrepreneurship professors in the U.S. He will be one of the judges of the competition

DEADLINES
Oct. 15:  One-page “elevator-pitch” entries due
Oct. 27:  Twenty-five semifinalists announced              
Nov. 9:   Summaries from semifinalists due
Nov. 23:  Five finalists announced
Dec. 4:    Finalists present their concepts to a panel of distinguished judges

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Kennesaw State University is the third-largest university in Georgia, offering more than 70 graduate and undergraduate degrees, including new doctorates in education, business and nursing. A member of the 35-unit University System of Georgia, Kennesaw State is a comprehensive, residential institution with a growing student population of more than 22,500 from 142 countries.