Aug. 19, 2019
LA MIRADA, CALIF. — The 4th annual Biola Startup Competition has moved into its final round, with six teams competing for $27,500 in cash prizes. Finalists are now developing a 15-page business plan for the final presentation, where teams will pitch their business ideas to a panel of judges.
“This year, we had 40 Christian business executives globally serve as Concept Paper Judges, providing valuable feedback to the participants in round two of three of the 2018/19 Biola Startup Competition,” said Robert Harp, director of strategic initiatives at Crowell School of Business. “Comments by these experienced executives are invaluable as teams define and refine their business ideas. All business ideas are rooted in a desire to honor God and provide a social benefit — an excellent example of doing business as ministry and with integrity."
The six finalist teams are as follows in no particular order:
The first place team will receive the winning prize of $15,000 and a $10,000 pro-bono legal package provided by sponsor Brown & Streza. The second and third place teams will receive $7,500 and $5,000.
Teams must submit business plans by February 25, 2019 as the final presentations will be held on March 15 from 8 a.m. to 2 p.m. in Moats Auditorium at the Crowell School of Business. The public is welcome to attend. An awards ceremony will conclude pitch day where lunch will be provided by sponsor Chick-fil-A, La Habra Marketplace.
The Biola Startup Competition, hosted by Crowell School of Business, is a faith-based business competition designed to help Biola students and alumni launch innovative, kingdom-minded businesses and nonprofits that have the potential to significantly impact the world for Christ. The competition is generously funded by friends of Biola and the Crowell School of Business — a direct investment in Christ centered young innovators.
For more information, contact Jenna Loumagne, manager of media relations, at (562) 777-4061 or firstname.lastname@example.org.
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