Oklahoma College Students to Compete for Donald W. Reynolds Governor's Cup
Record, Journal, THE JOURNAL RECORD
College students representing 10 universities and colleges from Oklahoma will compete in the oral presentation phase of the 2006 Donald W. Reynolds Governor's Cup collegiate business plan competition Friday and Saturday.
The competition awards $104,000, one of the largest cash prize pools in America, to student teams and their advisers.
More than 55 Oklahoma business professionals participated as judges in selecting the 12 semifinalist undergraduate teams and six finalist graduate teams to move forward and contend in the final phase of the competition. Teams represent Oklahoma City University; the Stillwater, Oklahoma City and Tulsa campuses of Oklahoma State University; Oral Roberts University; Rogers State University; St. Gregory's University; the Norman and Tulsa campuses of the University of Oklahoma; and the University of Tulsa.
Each business plan submitted must have been for a seed, startup or early-stage venture and address the entire business concept, including implementation. Business concepts being presented during the oral presentations include computerized voice recognition technology; preventative vaccination for gingivitis and periodontal disease in small animals; laser wavelength technology as an alternative to amputation in the treatment of diabetics; and technology to transform waste oil into fuel, among many others.
First place of each division receives $20,000, with $10,000 going to the second-place teams and $5,000 to the third-place team. All semifinalist and finalist teams will each be awarded $1,000. Faculty advisors of the semifinalist and finalists will be awarded $500, an additional $1,000 if their team places second or third and $1,500 for first place. …