Searching for New Jersey’s Best Business Ideas
460 Madison, NJ (November 3, 2005) — New Jersey high school students are invited to compete in an innovative program that recognizes their bright, commercially feasible ideas.
Now in its third year, the program, the “2006 New Jersey Business Idea Competition,” is open to all high school students (9–12 grades). The deadline for applications is February 17, 2006, and the winners will be announced and honored on the evening of March 31, 2006, at Fairleigh Dickinson University’s College at Florham, Madison, NJ.
The competition divides the state into three regions: north (Bergen, Passaic, Sussex, Morris, Essex, Warren); central (Hunterdon, Somerset, Union, Middlesex, Mercer, Hudson); and south (Monmouth, Ocean, Burlington, Camden, Gloucester, Atlantic, Salem, Cumberland, Cape May). Each region will recognize five finalists and ten semi-finalists who will be awarded $150 and $100, respectively. In addition, winners will be chosen from each region and receive an additional $250 each. All winners will receive plaques or certificates at the awards ceremony.
James C. Barrood, director of the nationally recognized Rothman Institute of Entrepreneurial Studies at Fairleigh Dickinson University and the administrator of the program, notes the objective is to “foster an entrepreneurial mindset among New Jersey’s high school students and recognize those who develop the brightest and most commercially feasible ideas. Many of our young people have very good ideas and simply need to be encouraged to submit them. They are, after all, the future business leaders of our state.”
The faculty of the Rothman Institute of Entrepreneurial Studies will judge the competition. Sponsors include the Edison Venture Fund, Sovereign Bank, NJ Commerce, Economic Growth & Tourism Commission and NJ 101.5 FM.
For more information please visit the Rothman Institute Web site at www.fdu.edu/rothman and then click on ‘NJ Biz Idea Comp’ or call (973) 443-8842.