WELLESLEY, Mass., Feb. 24, 2012 /PRNewswire-USNewswire/ -- Babson College has established the new B.E.T.A. (Babson Entrepreneurial Thought and Action(r)) Challenge.

Formerly the Douglass Graduate Business Plan Competition and John H. Muller Jr. Undergraduate Business Plan Competition, the Babson B.E.T.A. Challenge is a business competition, recognizing major milestones student businesses have achieved by taking action.

Students will compete for prizes by demonstrating success in achieving major milestones through taking action.

Winners of the graduate and undergraduate B.E.T.A. Challenge will receive a grand prize of $20,000 in cash and "services in kind"  donations from corporate sponsors respectively.

$2,500 will be awarded to the two other finalist ventures.

Application requirements include:

*Executive Summary - 2 page limit in .doc, .docx or .pdf  format.
*Slide deck - maximum 10 slides in .pptx, .ppt or .pdf  format.

More information can be found under "Eligibility & Guidelines."

Business submission accepted at:
http://www.abstractsonline.com/submit/login.asp?mkey={E14F80F7-C8B0-4235-A1F3-2702FD427071}

Key Upcoming Dates:

March 2, 2012 - Submission deadline (12 p.m. EST)
March 8-22, 2012 - Alumni evaluations
March 26, 2012 - Semifinalists announced
March 30, 2012 - Semifinalists deliverable deadline
April 4, 2012 - Venture Expo (B.E.T.A. Challenge Semifinals)
April 6, 2012 - Finalists announced
April 11, 2012 - Finalists deadline
April 18, 2012 - B.E.T.A. Challenge Finals (part of Founder's Day)

More information available at:
http://www.babson.edu/Academics/centers/blank-center/venture-accelerator/beta-challenge/Pages/home.aspx

About Babson

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds(r). The College is a dynamic living and  learning laboratory, where students, faculty, and staff work together to address the real-world problems of business and society -- while at the same time evolving our methods and advancing our programs. We shape the  leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to create economic and social value. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought and Action(r) as the most positive force on the planet for generating sustainable economic and social value. For information, visit www.babson.edu.

This news release was issued on behalf of Newswise™.  For more information, visit http://www.newswise.com. 

SOURCE Babson College

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