LOUISVILLE, Ky.- Two Masters of Business Administration teams from the University of Louisville’s College of Business and Public Administration have won spots to compete at the 2001 Moot Corp Competition in May at the University of Texas. The annual event, which is limited to 25 teams, has been called the “Super Bowl” of collegiate business plan competitions by Business Week magazine.
The two U of L teams – 4wireless.com and OmegaFit – advanced to the 2001 Moot Corp because of their recent performances in regional business competitions.
4wireless.com won $20,000 in U of L’s PaineWebber/bCatalyst New Venture Competition; it finished second in a southeast regional contest at the University of Georgia early this year, and last week finished third in a regional competition at the University of Nebraska. 4wireless.com provides a virtual inventory of wireless components for retail agents and corporate customers and assumes responsibility for delivery. Team members are DiAne Boese, Todd Brizendine, Peter Clyde and Don Mulhall.
OmegaFit, which finished second in the college’s PaineWebber/bCatalyst New Venture Competition, earned first place–and $10,000–in a regional competition last week at Indiana University. OmegaFit uses the Internet and CD/ROM technology to provide patients with a diet, exercise and medication regimen, customized by the patient’s physician, to help control illnesses such as diabetes, obesity and hypertension. Team members are T.J. Federer, Barbara Lankford, Elango Meenakshisundaram and Lance Perkins.
Already this year the college’s entrepreneurship program has been judged the National Model MBA Entrepreneurship Program by the U.S. Association for Small Business and Entrepreneurship, and 13th among the “Top 50 Business Schools for Entrepreneurs” (out of 250 surveyed) by Success magazine.
For additional information, contact Van Clouse, Cobb Family Professor of Entrepreneurship, at (502) 852-4782 or Randy Neely at (502) 852-1518.