Winners of Kabara contest announced

The Kabara Institute for Entrepreneurial Studies congratulates Catherine McDonald, Santiago Escobar and Paul Mleczko, the top prize winners in the recent Elevator Pitch competition. Contestants were asked to create an idea for a business and a speech that would convince another person to invest in that business. The speech was only 60 to 90 seconds long, the length of an elevator ride. The participants proposed a variety of new businesses, ranging from a holiday decorating service to a fast-food establishment to a web-based music business. A total of $500 in prizes was distributed to the participants.

Another round of the elevator pitch competition will be held in Spring 2010, in addition to the annual business plan competition. The Kabara Institute will also offer a series of hands-on workshops to help students from all majors develop their ideas for start-up businesses into complete business plans. Questions about the competitions or the workshops should be directed to Teresa Speck at Ext. 1449.