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Black MBA Association to host business challenge

Entrepreneurs vie for $10,000 cash prize

OW Staff Writer | 8/15/2013, midnight
"Innovation Whiteboard Challenge"

The National Black MBA Association (NBMBAA) annual NBMBAA Entrepreneurial Institute (EI) is accepting applications for its “Innovation Whiteboard Challenge,” to be held during the group’s 35th annual conference and exposition in Houston on Sept. 11, and the deadline to register for the challenge is today at 5 p.m. CT.

The Innovation Whiteboard Challenge is an intense competition where entrepreneurs are armed with only a whiteboard, marker and their salesmanship, and in five minutes must present their business idea to a panel of venture capitalists, academicians and established business people. The finalists will compete for a $10,000 cash prize.

Registration is free and open to legal residents of the United States who are at least 18 years old. The Whiteboard Challenge is geared to mid to senior level executives undergraduate and graduate students and others who are likely to attend the MBA conference.

Presenters for the Whiteboard Challenge competition will be selected based upon a 60-second presentation video of their idea and the information in the contest application as determined by a panel of qualified judges. To apply or to see the rules and guidelines, visit http://nbmbaawhiteboardchallenge2013.istart.org.

The EI, designed by entrepreneurs, addresses the unique needs of business owners who are looking to jump-start their growth, collaborate with fellow entrepreneurs, and gain new ideas. The institute is held during the MBA conference and consists of educational sessions, a whiteboard challenge as well as a town hall luncheon on courageous leadership, and the conference theme, featuring Rev. Al Sharpton and business consultant Bonnie St. John.

Despite having her right leg amputated at age 5, St. John became the first African American ever to win Olympic or Paralympic medals in ski racing, taking home a silver and two bronze medals in downhill events at the 1984 Paralympics in Innsbruck, Austria.

All sessions for the conference are led by cutting-edge educators and successful entrepreneurs dedicated to sharing their knowledge, insights and expertise. The EI provides entrepreneurs an opportunity for professional development, networking and breakthrough training.

Among the training sessions planned are “The Money Matrix–Finding Funds for Established Businesses;” “Leadership, There’s No App for That;” “Improving Your Online Presence;” “Before the Cameras Roll: Perfecting Your Pitch for Investors” and “The Essential Steps Needed to Land Corporate Contracts.”

Entrepreneurs interested in attending the EI and/or competing in the Innovation Whiteboard Challenge are encouraged to visit www.nbmbaaconference.org/ei.html to register.

For more information, contact the National Black MBA Association at (312) 236-0390, visit and register at www.nbmbaaconference2013.org, or follow them on Twitter @NBMBAAH@, #NBMBAAHQ13.