77 Babson Businesses Compete for More Than $30,000 in Startup Rounds Entrepreneurship Contest

WELLESLEY, Mass., Feb. 6, 2014 /PRNewswire-USNewswire/ -- Seventy-seven Babson College startups are competing to win more than $30,000 in Startup Rounds, a new kind of business competition launched by The Babson Entrepreneurship Club (BEC).

Startup Rounds is open to any company founded by Babson undergraduates, graduate students or alumni with less than $1 million in earned revenues.   Visit http://www.startuprounds.com/

BEC Co-President Paul Hammond sees Startup Rounds as a fun way to showcase the depth and breadth of Babson's entrepreneurial enterprises, while offering startup founders the opportunity to:

• Gain exposure
• Establish credibility
• Prove a concept
• Refine a pitch
• Find customers
• Raise a seed round

"This is a great way for Babson startups to show off their stuff and gain traction," said Hammond.

How It Works: Complete contest rules and Babson businesses profiles »

• The contest consists of four 7-day rounds.
• Within each round, startups must demonstrate the strengths of their business idea and network by gaining support via social media to improve their standing on the leaderboard. Anybody with a Facebook account can vote for up to three startups per round.
• After each round, a startup's score resets along with their position on the leaderboard.
• Each round will have a cutline. For example, if there are 50 startups, 10 will be eliminated in each round.
• The top 10 startups will be invited to pitch to an expert judge panel followed by an awards ceremony on Feb. 27, 2014 at The Microsoft New England Research & Development (NERD) Center.
• Over $30,000 in prizes will be awarded, including $20,000 in cash and $10,000 in legal resources (Pepper Hamilton and Pierce Atwood); real-estate consultation (VP of Colliers International, Boston); BostInno press and MassChallenge opportunities; and meetings with Rough Draft Ventures, offering the opportunity to raise up to $25,000.

The following Babson businesses are competing in Startup Rounds »

About Babson College

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds™. 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® as the most positive force on the planet for generating sustainable economic and social value.

SOURCE Babson College