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March 25, 2002

BOISE STATE TO HOST REGIONAL VENTURE COMPETITION IN MAY

Teams of would-be entrepreneurs will converge on the Boise State University campus and Boise Depot May 1-3 for what organizers expect to be the first annual Northwest Venture Championship — a student competition for the best new technology-based business plan.

"We want to encourage people to create their own businesses in Boise and throughout the state," said Kent Neupert, international business professor and contest organizer.

Neupert sid the Treasure Valley is a natural location for the competition because of its rich history of entrepreneurship, evidenced by Hewlett Packard’s printer division, Micron and Extended Systems, among others.

Nine to 12 teams from universities in Idaho, Montana, Washington, Utah, Canada and Mexico will compete for more than $1,500 in prize money donated by the Idaho National Engineering and Environmental Laboratory and the Inland Northwest Research Alliance. An educational component of the event will allow budding entrepreneurs to witness presentations from real entrepreneurs asking for venture capital funding.

Contact:
Kent Neupert
International business
(208) 426-2397

Media Contact:
Kathleen Mortensen
Boise State communications and marketing
(208) 426-3275