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Talwar & Simmonds to Participate in 2013 Rice Business Plan Competition

April 11, 2013 - Rollins MBA students Bhawna Talwar and Christopher Simmonds will be participating in this week's Rice Business Plan Competition – the largest academic business plan competition in the country.

Talwar and Simmonds are Rollins Entrepreneurial Scholars of Distinction who are currently working with the Florida Idea Fund (FIF). They are on a FIF venture team that is pitching at the Rice Competition, which starts on April 11 and runs through April 13 at the Rice University Jones Graduate School of Business in Houston, Texas.

Their team will join more than 40 teams from around the world who will compete for more than $1.3 million in cash and prizes. The competition is designed to give collegiate entrepreneurs a real-world experience to fine tune their business plans and elevator pitches to generate funding to successfully commercialize their product. Judges will evaluate the teams as real-world entrepreneurs soliciting start-up funds from early stage investors and venture capital firms. The judges are asked to rank the presentations based on which company they would most likely invest. Past competitors have gone on to successfully launch their businesses and are still in business today, raising in excess of $460 million in funding.

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