New Venture Competition showcases future of Michigan business

The New Venture Competition brought 30 teams of Central Michigan University and Michigan Technological University students together to compete with the entrepreneurial business plans for a prize of $30,000. Michigan State Rep. Kevin Cotter, R-Mount Pleasant, said he was impressed by the presentations and the progress of the competition, which started last year and was held Friday in the Education and Human Services Building and McGuirk Arena. “This competition goes right along with things going on at the state level to make Michigan more entrepreneur-friendly and provide jobs for others,” Cotter said. Charles Crespy, dean of the College of Business Administration, said he saw many viable business plans outlined in presentations throughout the day, and win or lose, the competition provided good experience and all still had great potential to succeed in the marketplace.

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