3 teams advance to finals of business plan competition

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3 teams advance to finals of business plan competition

Three teams whose members include California State University, Fresno students will compete for $10,000 in prize money May 3 in the final round of the annual Student Business Plan Competition sponsored by the Lyles Center for Innovation and Entrepreneurship at Fresno State.

Students will present business plans to a panel of judges in bids to win the $6,500 first prize. The award is intended to help the winning team develop its business. Second- and third-place finishers will be awarded $2,500 and $1,000, respectively.

The event is scheduled for 10 a.m. in the Leon S. and Pete P. Peters Educational Center located in the Student Recreation Center on campus.

The first-place team automatically will be entered into the Draper Fisher Jurveston $250,000 Ventura Competition, in which they will compete with 15 other teams from California universities. The winner also will receive office space for a year at the Lyles Center. Additionally, the top team will win a scholarship to attend the E-Myth Leadership Intensive Seminar, a two-day event valued at $1,500.

Teams must include at least one Fresno State student or a student from a partnering community college.

Members from the three advancing Fresno State teams – and the names of their projects – are as follows:

MEMS/Silicone Microphone Sensor project: Kiet Minh Khong and Alfredo Ledesma, Fresno; David Huynh, Hanford; Omar Hussain Khaja, Hyderabad, India; Chung Hoon Lee (faculty).

Tomorrow’s Music: New Media project: David van Gilluew, Three Rivers; Nathaniel Dahman, Madera; Jabriel Pumarejo, Fresno; Corey Whitehead (faculty).

EdHeal.com project: Sky Voltaire, Fresno (Chico State student); Scott Peters, Reedley; Alastair MacLeod, Coalinga; Mike Summers (staff).

For more information, contact the Lyles Center at 559.294.2045.