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Media Advisory | Feb. 23, 2006

UBC Hosts Canada's Largest Student Business Plan Competition with $100,000 in Prizes

Event: Enterprize 2006 Conference and Business Plan Competition: www.enterprize.sauder.ubc.ca

Place: The Fairmont Waterfront, downtown Vancouver, 900 Canada Place Way

Date/Time: Fri. Feb. 24 - Sun. Feb. 26

Top undergraduate students from across the country will compete in front of prominent business leaders for $100,000 in prizes and the chance to turn their business ideas into reality at the University of British Columbia's Enterprize 2006, Canada's largest undergraduate entrepreneurial conference and business plan competition.

Ten teams representing UBC, Simon Fraser University, University of Manitoba, University of Toronto, University of Ottawa and University of Waterloo will present their business plans to a panel of judges from BDC Venture Capital, Telus Ventures, Growthworks Capital, McCarthy Tetrault, Fasken Martineau DuMoulin, KPMG and Intrawest Corporation.

The first-place team will walk away with $10,000 cash, a $25,000 Entrepreneurship start-up loan from the Business Development Bank of Canada, a year-long industry mentorship with competition judges valued at over $50,000, as well as in-depth business plan feedback. Winners will be announced at an awards ceremony the evening of Saturday, February 25.

More than 300 students will gather at the Enterprize conference to attend networking sessions and seminars with seasoned entrepreneurs and venture capitalists, among them Macromedia founder Marc Canter, Jacqui MacNeill of Escents Aromatherapy, Matthew Snyder of Nokia and Todd Stevens, former executive producer of TV show Friends and current executive producer of Joey.

Established in 2002, the annual event is organized and run entirely by commerce students from UBC's Sauder School of Business. The competition has rapidly become one of the nation's best incubators for new venture ideas and raw entrepreneurial talent.

Past winners of the Enterprize business plan competition include the UBC student-run company Energy Aware, formed to design, manufacture and distribute energy-saving products, which went on to compete in the Telus New Ventures competition and receive the national federal energy ambassador award, and University of Manitoba student company Plasia Tek, whose idea for a medical device to improve the safety of intubations was successfully acquired shortly after the competition.

The Sauder School of Business at UBC is Canada's leading academic business school. The school is recognized globally for its contributions to management practice through its innovative research and teaching and outstanding faculty.

For more information on Enterprize 2006 and complete schedule of events visit www.enterprize.sauder.ubc.ca .

Media interested in speaking to Enterprize student contestants and judges can contact: Leanna Yip, 604.616.0400 or Kerry Liu, 604.418.8867.

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Contact

Leanna Yip
Sauder School of Business
Tel: 604.822.0229
Cell: 604.616.0400
E-mail: leanna.yip@sauder.ubc.ca

Kerry Liu
Enterprize Chairperson
Tel: 604.418.8867

Na'im Merchant
Enterprize External Business Plan Director
Tel: 604.375.2848

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Last reviewed 22-Sep-2006

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