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Eller College Home > News, Events, and Multimedia > Press Releases > 2004 Arizona Venture Competition

Press Release

Eller Press Contact

Liz Warren-Pederson
Eller College of Management

The University of Arizona's Karl Eller Center hosts fifth annual statewide business plan competition, the 2004 Arizona Venture Competition

Competition sponsored by Competitive Engineering, Inc. with additional support from the Arizona Desert Angels.

TUCSON, Ariz. - Mar. 1, 2004 - Members of the community are invited to join students, faculty, and business leaders as the top business plans in the state compete in the fifth annual Arizona Venture Competition on March 12, 2004. The event brings together the state's best and brightest entrepreneurial students to showcase their proposed ventures. The day of competition promotes and celebrates innovation, growth, entrepreneurial education and knowledge transfer across Arizona.

Five teams from The University of Arizona will be joined by five teams from the other business programs in the state—Arizona State University, Northern Arizona University, and Thunderbird, the American Graduate School of International Management. The following teams will compete in two divisions, Best Undergraduate Business Plan and Best Graduate Business Plan:

Graduate division:

  • Culinary Suites, The University of Arizona: Facilities and services for small and market-entry culinary businesses such as caterers and food producers.
  • Feng Shui GIS, The University of Arizona: Using GIS technology to bring Feng Shui service and support to home owner, builders, and developers.
  • Genetic Information Technology, The University of Arizona: Diagnosis treatment and recommendations for cancer patients by using genetic analysis.
  • Norvision, Arizona State University.
  • QuickCash, Thunderbird: A chain of centers to sell unwanted items or obtain quick liquidity through Web-based resale technologies.

Undergraduate division:

  • Bike Traders, Northern Arizona University: Specialized services for buying, selling and trading new and used bicycles.
  • Cutting Edge, Northern Arizona University: A high-altitude ice sports training complex.
    Interactive Field Trip (IFT International), The University of Arizona: Virtual university tours and comprehensive information for prospective students.
  • Kids at Heart, The University of Arizona: Introducing new products for young audiences, starting with Mr. Rootbeer, an at-home rootbeer brewing system.

Welcome Home, Northern Arizona University: The future in assisted living facilities.
The 2004 Arizona Venture Competition is sponsored by Competitive Engineering, Inc., an international manufacturer of precision components and equipment serving the aerospace, electronic, medical and defense industries. The venture capital organization, Arizona Desert Angels, has provided additional support.

The University of Arizona's Karl Eller Center and McGuire Entrepreneurship Program has one of the best intercollegiate business plan competition records in the country. In 2003, eight of the program's undergraduate entrepreneurship teams competed in intercollegiate events with all eight placing in the top 3. Among graduate entrepreneurship teams, five of the last seven grand prize winners have launched their businesses within thirty days of graduation, and are still currently in business.

The March 12th event begins with business plan presentations at 1:30pm and will wrap-up with award presentations at 5:30pm. All presentations will be held at The University of Arizona's McClelland Hall, location of the Eller College of Business and Public Administration. For more information or to RSVP, call 520-621-4823.

The McGuire Center for Entrepreneurship is a National Model Program of the United States Association for Small Business and Entrepreneurship and is home to the McGuire Entrepreneurship Program, ranked the #2 public undergraduate and #1 public graduate program in the nation by Entrepreneur magazine and The Princeton Review. Established in 1984, it was one of the first university-based entrepreneurship centers in the country. Today, the Center offers entrepreneurship education for any graduate program at the University of Arizona and reaches more than 1,000 undergraduate students every semester. With courses in business, law, science, engineering, health, medicine, arts, and humanities, the McGuire Center advances the state and regional economy, advances entrepreneurship education nationwide, and teaches life-long problem solving for economic, social, scientific, and environmental progress.

The Eller College of Management at the University of Arizona is internationally recognized for pioneering research, innovative curriculum, distinguished faculty, excellence in management information systems, entrepreneurship, and social responsibility. U.S. News & World Report ranks the Eller undergraduate program No. 11 among public business schools and two of its programs are among the top 20 — Entrepreneurship and MIS. U.S. News & World Report ranks the Eller MBA Full-Time program No. 48 in the U.S. In addition to a Full-Time MBA program, the Eller College offers the No. 25-ranked Evening MBA program, the Eller Executive MBA and the Online MBA. The Eller College of Management supports more than 5,800 undergraduate and 800 graduate students on the UA campus in beautiful Tucson, Arizona, and on its satellite campus in downtown Phoenix.

Press Contact:
Liz Warren-Pederson, Eller College of Management

For additional information, please contact us.