Winner in business plan competition to be selected Friday

by Dennis Brown

The winning entry in the second annual McCloskey Notre Dame Business Plan Competition will be announced Friday (April 26) in the Jordan Auditorium of the Mendoza College of Business at the University of Notre Dame.p. Sponsored by the Gigot Center for Entrepreneurial Studies, the competition awards $20,000 to the winning entrants. This year’s event drew 85 business plans from a wide range of industries and models. Each entry required participation by at least one Notre Dame student or graduate.p. The program schedule is as follows:p. 1:30 p.m. ? Introductory remarksp. 1:45 p.m. ? Presentations by six finalistsp. 3:30 p.m. ? Keynote address by James D. Sinegal, president and chief executive officer of Costco Wholesale Corp.p. 4:30 p.m. ?Awards presentationp. 5 p.m. ?Reception in the atrium of the Mendoza College of Businessp. Sinegal is a cofounder of Costco, which is an international chain of membership warehouses that carry brand name merchandise at prices lower than typically found in conventional wholesale and retail sources. His talk is titled “Sustaining the Entrepreneurial Spirit: The Costco Story.”p. In addition to the grand prize, a $5,000 Pace Global People’s Choice Award will be given to the planners who make the best presentation Friday as selected by the audience.p. The McCloskey Notre Dame Business Plan Competition is named in recognition of Tom McCloskey, a 1968 graduate of the University, and his wife, Bonnie, whose generous gift has endowed the event. Corporate sponsors include Jordan Industries, IdeaWorks, Pace Global and Palo Alto Software.

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