As the Donald W. Reynolds Governor’s Cup Collegiate Business Plan Competition wraps up later this month, Dave Croasdell from the University of Nevada, RenoCollege of Business has been selected as one of two 2013 Governor’s Cup Faculty Advisors of the Year, and nine University student teams moved into the finals out of more than 60 entries.
The University teams that earned five of six finalist positions in the graduate division include CH4OICE; ContinuEd.me; DataBeam, Inc.; ElectroVentures, Inc.; and EscaZyme Biochemicals, LLC. Four of five finalist spots for the Lt. Governor’s Award, a parallel competition for the business plan that best employs clean, renewable or efficient energy technologies and services, went to Carbon Gold; CH4OICE; DataBeam, Inc.; and Sierra Green Products, LLC.
“The University dominated the graduate and Lt. Governor Award tracks,” said Dave Archer, president and CEO of Nevada’s Center for Entrepreneurship and Technology (NCET), the sponsoring organization for the Governor’s Cup competition which is open to college and university students throughout Nevada. “The students came from a wide variety of academic disciplines. Their business plan ideas and domination in these two areas is probably significant because a number of them participated in the Sontag Competition.”
The University’s own Sontag Entrepreneurship Competition was completed in March. The competition launched last year and is supported by a $1 million gift alumnus Rick Sontag made to the University in 2011.
According to Archer, the faculty advisors are the heart and soul of these business and entrepreneurial competitions because they help students turn their ideas into written business plans.
“Literally, the Governor’s Cup wouldn’t be possible without faculty advisors like Dave Croasdell,” Archer said. “Arguably they are the most important group in the Governor’s Cup because they work directly with the student teams.”
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