Matthew LeskoMatthew Lesko
Matthew Lesko
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$5,000 to $1 Million for Your Biz Plan &
Free Help To Run A Biz Plan Competition &
Search for Biz Plan Ideas

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Katie Petersen
Director, iStart
Katie@istart.org
816-932-1021
http://istart.org
 
Interview Highlights:
An online platform to allow business plan competitions to run more effectively.
It can really be any kind of competition as long as the goal is to make these ideas for ventures to be more accessible for others.
They make all abstracts accessible to public so that investors, mentors or other entrepreneurs can help move these ideas forward.
They will soon be able to submit them individually as long as they are a student.
There will be 2 parts to the site, one to help people run competitions and the other when students can submit their plans.
It can be used by high schools, universities, for profit companies, or anyone who wants to run a competition.
The competition portion of the site is for anyone who wants to run a business plan competition.
The open business plan submission portion is only for students.
30 days after the competition the abstracts can be made available for the public, if they want.
They are 29 competitions that are currently running on the platform.
For 22 of these 29 competitions anyone can apply, the others are closed for a certain community.
Rice University gives out $1 million in prizes.
Others will give out $5,000 to $10,000.
None of the competitions are completed yet... most follow the school year.
They are hoping to bring standardization to the work of business plan competition and to make the ideas public.
Other programs from Kaufman foundation:
    
 iBridge Network.. identifies innovations from college campuses from beginning ideas to complete patented ideas, a clearinghouse of 13,000 innovations are in the database.
    
 Fast Track... a boot camp for entrepreneurs. It trains trainers to train entrepreneurs.
    
 Kauffman Labs... a place for experimenting with new ways of brining many more entrepreneurs to success.