Students present plans for future technological businesses in contest
The 13 teams of University students that competed Saturday in the Second Annual Business Plan Contest represent the latest additions to a rapidly developing world of high-technology entrepreneurship.The contest offered University students the opportunity to present business ideas to a panel of experienced venture capitalists and entrepreneurs in exchange for valuable advice and, for some, prize money, according to contest director Geraldine Alias '00.Brancusi Technologies, Inc. ? the winning entry created by Dirk Balfanz GS and Wenjia Fang GS ? is developing a software program to coordinate wireless transactions and purchases."Our software is enabling technology that will allow for engineering development in the wireless space," she said, adding that the prize carried a $5,000 award.