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Cancer cure company wins University business plan challenge

March 28, 2006 /

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"For small to medium to national organizations, for events and fundraisers of any size, in any format – live, virtual or hybrid – the platform is built for scale."

Saying you’ve found the cure for cancer might sound unbelievable. But to a venture capitalist, such lofty claims from would-be entrepreneurs can be the foundation of a great business plan.

On Saturday, graduate students from the University of Illinois at Chicago convinced a panel of prominent Silicon Valley financiers that their experimental cure for brain cancer was deserving of millions in venture funding. In doing so, the aspiring entrepreneurs won the $10,000 first prize in the 2006 International Business Plan Competition here at the University of San Francisco, the contest’s organizer.

By Stefanie Olsen
Staff Writer, CNET News.com

Full Story: http://news.com.com/Cancer+cure+company+wins+business+plan+challenge/2100-1008_3-6054488.html

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