MADISON— Calling all New Jersey high school students with bright ideas. Fairleigh Dickinson University is holding a competition to find New Jersey’s best, commercially feasible business ideas.
Now in its ninth year, the program, the “2012 New Jersey Business Idea Competition,” is open to all high school students (9 – 12 grades). The deadline for applications is Feb. 19, and the winners will be announced and honored on the evening of March 30, at Fairleigh Dickinson University’s College at Florham, Madison.
The competition divides the state into three regions: north (Bergen, Passaic, Sussex, Morris, Essex, and Warren Counties); central (Hunterdon, Somerset, Union, Middlesex, Mercer, and Hudson Counties); and south (Monmouth, Ocean, Burlington, Camden, Gloucester, Atlantic, Salem, Cumberland, and Cape May Counties).
Each region will recognize 4 finalists and 8 semi-finalists who will be awarded $250 and $100, respectively. In addition, a winner will be chosen from each region and receive an additional $150 each plus a special prize from the New York Jets. This year, all winners also have the opportunity to double their prize money by getting their friends to vote for their idea. Therefore, regional winners can win up to $800, semifinalists up to $500 and semifinalists up to $200.
James C. Barrood, Executive Director of the nationally recognized Rothman Institute of Entrepreneurial Studies at FDU said, “The objective is to foster an entrepreneurial mindset among New Jersey’s high school students. We want to recognize those who develop the brightest and most commercially feasible ideas. They are, after all, the future business leaders of our state.”
The program is administered by the Rothman Institute of Entrepreneurship, part of FDU’s Silberman College of Business. In recent years, the center’s undergraduate program has been ranked as high as 7th nationwide by the Princeton Review and its graduate program, 19th.
The competition will be judged by the faculty of the Rothman Institute, part of FDU’s Silberman College of Business. Sponsors include the Gateway Group One, WCEC, the New York Jets and NJ 101.5 FM.
For more information visit the Rothman Institute web site at www.fdu.edu/businessidea
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