Finalists Named for University of Maryland Cupid’s Cup Business Competition
Five Businesses to Face Off in April 1 Final Event
College Park, Md. – February 14, 2011 – The University of Maryland’s
Center for Entrepreneurship at the Robert H. Smith School of Business today
announced the five finalists for this year’s Cupid’s Cup business competition.
The sixth annual competition will be held April 1 at the university’s Adele H.
Stamp Student Union and is sponsored and judged by alumnus Kevin Plank, founder
and CEO of sports apparel maker Under Armour.
Each year Plank, a 1996 Smith School graduate, judges, speaks at and donates
the prize money for the Cupid’s Cup event, where the finalists will compete for
$25,000 in cash funding. The competition is named for one of Plank’s own early
entrepreneurial ventures, a Valentine’s Day rose sale business called Cupid’s
Valentine, which earned him more than $20,000 during his four years at the
University of Maryland and helped provide the genesis for Under Armour.
The 2011 Cupid’s Cup finalists:
The five finalists will pitch their businesses to Plank and a panel of
judges. Applicants must be University System of Maryland current students or
recent alumni operating young companies (no older than five years) that have
generated at least $5,000 in revenue or won funding through a University of
Maryland-sponsored business competition.
Cupid’s Cup has grown every year and highlights the Dingman Center’s 25-year
commitment to provide University of Maryland students with practical experiences
and opportunities to pitch their business ideas, obtain feedback from
experienced entrepreneurs-in-residence and access funding.
The free, public competition final event kicks off with the BB&T Business
Invitational, a showcase of University of Maryland and Washington-Baltimore
region start-ups, economic development organizations, and campus
entrepreneurship organizations. More information and event registration is
available at www.cupidscup.com.
About the Dingman Center for Entrepreneurship
The Dingman Center has been a hub of campus and regional entrepreneurial
activity for 25 years. Among the Dingman Center’s resources are its Capital
Access Network (CAN), a pipeline that connects startups from regional tech
councils, incubators and state-funded institutions with a network of more than
40 active, accredited angel investors and venture capitalists for early-stage
capital. The center also helps lead the University of Maryland’s Technology
Transfer programs and provides MBA and undergraduate students at the Smith
School with practical experiences and opportunities to pitch their business
ideas, obtain feedback from experienced entrepreneurs-in-residence and access
About the University of Maryland’s Robert H.
Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader
in management education and research. One of 13 colleges and schools at the
University of Maryland, College Park, the Smith School offers undergraduate,
full-time and part-time MBA, executive MBA, executive MS, PhD and executive
education programs, as well as outreach services to the corporate community. The
school offers its degree, custom and certification programs in learning
locations in North America and Asia.