{"329221":{"#nid":"329221","#data":{"type":"news","title":"2015 Startup Competition Starts Now: Tech Graduate Students Can Form Teams, Register","body":[{"value":"\u003Cp\u003EAre you an aspiring entrepreneur at Georgia Tech? Do you want to learn how to launch a startup by doing instead of just talking? If so, then the 2015 \u003Ca href=\u0022http:\/\/startup.gatech.edu\/startup_competition\/\u0022\u003EGeorgia Tech Startup Competition\u003C\/a\u003E could be your golden ticket.\u003C\/p\u003E\u003Cp\u003EDon\u2019t have an idea or a team? No problem. Competition organizers at Georgia Tech\u2019s VentureLab say a passion for entrepreneurship is all that is required to succeed in the competition, which is open to all current Georgia Tech graduate students and 2014 master\u2019s\/doctoral graduates.\u003C\/p\u003E\u003Cp\u003EYou can learn more and find potential teammates through workshops\/mixers being held in Room 300 of Georgia Tech Scheller College of Business on September 29 and October 6 from 7:45 p.m.-9 p.m. The September 29 workshop is on \u201cCustomer Segments and Value Propositions,\u201d while the October 6 event covers \u201cCustomer Discovery\u201d and provides an overview of the competition.\u003C\/p\u003E\u003Cp\u003EThe team application deadline is October 13. Mentoring is available to teams throughout the academic year in preparation for the semifinals on March 2 and finals on March 9 at Scheller College of Business, the competition\u2019s sponsor.\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003ECash Prizes\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003ETeams, which can include 2 to 6 people, are competing for $40,000 in prizes: $15,000 for first prize, $5,000 for second, and $3,000 for third (plus two additional $1,000 prizes). Starting with the 2015 competition, the first prize team will also win the prestigious Edison Prize (a $15,000 convertible note).\u003C\/p\u003E\u003Cp\u003EKnown as the Business Plan Competition from 2001 to 2013, the Startup Competition now focuses on discovering a market opportunity and creating an innovative business model to address it. No written business plan, financial projections, or investor pitch is required. Instead, teams work together to define a compelling startup.\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EStartup Approach\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003EMost technology startups fail because they start executing before they have a proven business model, note the competition organizers. The Startup Competition helps positions teams for success by requiring them to talk regularly to potential customers to ensure that they\u2019re developing a product or service that people want.\u003C\/p\u003E\u003Cp\u003ESixteen teams will be selected by VentureLab to present at the semifinals, and then judges will decide which eight teams advance to the final round\u003C\/p\u003E\u003Cp\u003ETeams may not enter with an existing business, because the goal of the Startup Competition is to discover new business opportunities. The only exception to the requirement of being a Georgia Tech graduate student\/2014 graduate is for Emory law students who are teamed with Tech students through the Technological Innovation: Generating Economic Results (TI:GER) Program.\u003C\/p\u003E\u003Cp\u003EFor more information, visit\u0026nbsp;\u003Ca href=\u0022http:\/\/startup.gatech.edu\/startup_competition\u0022\u003Estartup.gatech.edu\/startup_competition\u003C\/a\u003E.\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EAre you an aspiring entrepreneur at Georgia Tech? Do you want to learn how to launch a startup by doing instead of just talking? If so, then the 2015 Georgia Tech Startup Competition could be your golden ticket.\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"Are you an aspiring entrepreneur at Georgia Tech? Do you want to learn how to launch a startup by doing instead of just talking? If so, then the 2015 Georgia Tech Startup Competition could be your golden ticket."}],"uid":"27271","created_gmt":"2014-09-26 15:21:55","changed_gmt":"2016-10-08 03:17:11","author":"Brad Dixon","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2014-09-26T00:00:00-04:00","iso_date":"2014-09-26T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"329211":{"id":"329211","type":"image","title":"Startup Competition Edison Prize","body":null,"created":"1449245090","gmt_created":"2015-12-04 16:04:50","changed":"1475895041","gmt_changed":"2016-10-08 02:50:41","alt":"Startup Competition Edison Prize","file":{"fid":"200310","name":"edison_prize_banner4.jpg","image_path":"\/sites\/default\/files\/images\/edison_prize_banner4_0.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/edison_prize_banner4_0.jpg","mime":"image\/jpeg","size":43635,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/edison_prize_banner4_0.jpg?itok=P_6vUKer"}}},"media_ids":["329211"],"related_links":[{"url":"http:\/\/startup.gatech.edu\/startup_competition\/","title":"Additional Information"}],"groups":[{"id":"1274","name":"Scheller College of Business"}],"categories":[{"id":"133","name":"Special Events and Guest Speakers"},{"id":"8862","name":"Student Research"}],"keywords":[{"id":"3472","name":"entrepreneurship"},{"id":"109","name":"Georgia Tech"},{"id":"1808","name":"graduate students"},{"id":"167971","name":"startup competition"}],"core_research_areas":[],"news_room_topics":[{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003EBrad Dixon, Scheller College of Business\u003C\/p\u003E\u003Cp\u003E404-894-3943\u003C\/p\u003E\u003Cp\u003E\u003Ca href=\u0022mailto:braddixon@gatech.edu\u0022\u003Ebraddixon@gatech.edu\u003C\/a\u003E\u003C\/p\u003E","format":"limited_html"}],"email":["braddixon@gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}