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Greenlight Business Model Competition Builds New Partnership

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EAST LANSING (WWJ) – The second annual Greenlight Business Model Competition is now accepting applications to compete in the March 2014 competition. New this year is a partnership with the International Business Model Competition, which will grant an automatic entry to the first place winner of the Greenlight Competition.

Greenlight brought more than 70 Michigan entrepreneurs to the East Lansing area to pitch their ideas in 2013, with even more expected to participate in 2014. Competitors who impress the panel of judges can win up to $50,000 in cash prizes, as well as network with angel and venture capital investors and other entrepreneurs from around the state.

Greenlight will take place on March 26 at Hannah Community Center in East Lansing from 3 to 8 p.m. Coordinated by Spartan Innovations, part of the MSU Innovation Center, the event aims to expand entrepreneurship and small business success in Michigan.

“This new partnership with the International Business Model Competition allows us to send our top-tier talent to compete with some of the best minds in business from around the world,” said Paul Jaques, director of student and community engagement at Spartan Innovations. “Michigan has ideas and talent that can compete on a global scale. We’re proud to offer this opportunity, in addition to the prize money, to help grow small business and entrepreneurship in our state.”

Applicants can learn more and register at http://www.greenlightmichigan.com. Applications to participate will be accepted until March 14.

The IBMC is currently co-hosted by Brigham Young University, Harvard University, and Stanford University, and will be held in May 2014 at Brigham Young University in Provo, Utah.

Learn more at http://innovation.msu.edu.

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