University of South Carolina

Moore School to hold entrepreneurship competition

More than 20 University of South Carolina students will present their entrepreneurial ideas and businesses plans in a competition Thursday, Nov. 18, in hopes of winning cash prizes.

Organized by the Faber Entrepreneurship Center at the university’s Darla Moore School of Business, the competition is set for 7 p.m. in Lumpkin Auditorium on the eighth floor of the Moore School. The event is free and open to the public and includes a light reception after the competition.

The competition is held as part of the school’s celebration of Global Entrepreneurship Week, an annual observance to unleash new ideas. The competition is among 40,000 events taking place in 100 countries.

“The Global Entrepreneurship Week Business Plan Competition is one of the key activities of the Faber Entrepreneurship Center,” said Dean Kress, the center’s associate director. “One of the missions of the center is to foster student entrepreneurship, and the competition is one means of doing that. It is gratifying that one of our sponsors, Maxient Corporation, was founded by two recent USC alumni who have worked with the Faber Center.”

To participate in the competition, individual undergraduate and graduate students or teams of students (up to four), were required to submit ideas of a new enterprise, including concept, projected income and funding, target market, distribution channels and marketing.

Winners will receive $1,000 for first place, $750 for second place and $500 for third place.

Sponsors include Maxient Corporation, EngenuitySC, USC Student Government and the Faber Entrepreneurship Center. In addition to the competition, Engenuity SC is hosting Ignite, a knowledge-economy conference, Nov. 17 at the Columbia Innovation Center.

For more information about the competition, call Kress at 803-777-7015 or via e-mail at

By Office of Media Relations

Posted: 11/11/10 @ 4:35 PM | Updated: 11/18/10 @ 10:24 AM | Permalink