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Fundraising Help Needed |
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Each year, the MOOT CORP Program must raise $200,000
in funding. We are always interested in adding
organizations to our group of financial backers.
Corporations support our program for many reasons. These
include the following opportunities:
- To meet and hire the best entrepreneurial MBAs.
While many of the MBAs launch their ventures,
typically only one or two of the team are involved
in the launch; the others seek jobs in established
entities.
- To gain new clients with high growth potential
in emerging industries. Most of the ventures in the
global Competition launch their ventures.
- To network with the outstanding business leaders
who are MOOT CORPâ judges.
- To learn about, invest in, or partner with new
ventures emerging from the best business schools in
the world.
- To impact entrepreneurship education literally
around the world through direct interaction with the
faculty who teach these courses.
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New Mentoring Program Introduced |
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The MOOT CORP Program is soliciting individuals
interested in providing entrepreneurial expertise to
student teams enrolled in the New Venture Creation
course which leads to the Texas MOOT CORP Competition.
The course’s objective is to help MBAs develop the
skills necessary for creating a new venture, with a
particular focus on communicating through written and
verbal presentations.
The Mentor Program is intended to be an informal
service for students seeking to formulate and execute
successful business plans. Individuals with the
appropriate expertise will have the opportunity to
provide business plan critique and feedback to startups
in an informal hands-on way.
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Bigfoot Networks Wins Third Place in Fortune Magazine
Contest |
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Fortune Small Business awarded the third prize of
$5,000 to Bigfoot Networks, a company from the McCombs
School of Business at the University of Texas at Austin
with a new technology to prevent technical delays in
online games. The third annual business-plan contest,
the FSB Student Showdown, was very competitive.
Eighty-two plans arrived from 66 schools, including
Harvard and UCLA—up from 58 entries in 2004. To enter,
teams had to have won a business-plan competition.
Harlan Beverly has won his share of tournaments in
online games such as Counter-Strike: Source, a simulated
battle against terrorists. But as a hard- core gamer for
the past 15 years he has also suffered the agony of
losing. "And it's not my fault," he groans. The culprit,
he says, is a technical lag that slows many games when
the servers that they are running on bog down with
traffic. In online baseball, for instance, heavy server
traffic might cause a delay when a batter swings
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New Dates for Texas Competitions
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Mark your calendars for the upcoming Texas MOOT CORP
competitions. The dates have changed since our last
newsletter. The Texas MOOT CORP Semifinals will be held
on Wednesday, January 25 beginning at 4 PM at the
McCombs School of Business on the UT campus. Outstanding
UT MBA teams from the Texas MOOT CORP Qualifying Round
Competitions will compete in several divisions to
determine who will move on to the Finals.
The Texas MOOT CORP Finals will be held at the MCC
Building, 3925 West Braker Lane on Wednesday,
February 1 beginning at 4 PM. There will be a
reception immediately following the presentations to
announce the winners. The winning team wins a free year
in the Austin Technology Incubator and a spot in the
prestigious Global MOOT CORP® Competition. |
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Join us!
Please be our guest at the Texas MOOT CORP
Competition Finals
and the Reception
afterwards to announce the winner. We have four
very competitive plans and a panel of five
experienced judges. I encourage you to come and
see our students in action.
Sincerely,
Rob Adams
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