Student Competition Was A Horse Of Another Color
First-year MBA student Alycia Crandall stood outside the back doors of the Cocanougher Center with her unofficial fifth teammate in the MBA Venture Challenge: a full-grown horse. Her mission: to deliver a compelling elevator pitch convincing each of the 75 judges in attendance to come listen to her team’s analysis of RevaTis, a new veterinary medicine research company commercializing stem cell services for thoroughbred horses.
The elevator pitch competition was the first round of the MBA Venture Challenge, a seven-day experiential competition held annually in collaboration between the MBA Program and the Center for New Ventures and Entrepreneurship (CNVE), both at Mays Business School.
In this year’s challenge, 63 first-year MBA students formed into 15 teams and selected from a pool of 25 early-stage companies seeking advice and analysis on their market opportunity and growth strategies. Each year the MBA Venture Challenge creates high-stakes competition between the teams, for both sponsored cash awards and course credit, as well as high-value effort and insights for the participating firms.
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