[April 02, 2012]

flexReceipts Wins Over $20,000 in Rollins MBA Venture Competition

The Rollins MBA Center for Advanced Entrepreneurship announced today that flexReceipts has been named the winner of this year's Rollins Venture Plan Challenge. The company is awarded a $20,000 cash prize, as well as additional services beneficial to growing the company. The competition is coordinated annually by the student run Rollins Collegiate Entrepreneurs' Organization (CEO). Participants compete for a cash prize pool of over $30,000 to invest directly in the business. Winners are chosen by a panel of distinguished judges, all of whom are successful investors and entrepreneurs.

"Completing an MBA has given me the necessary skills and network to build flexReceipts into a successful company," Sachin Jaitly, CEO, flexReceipts and Rollins MBA alumnus. "This infusion of capital and in-kind services will surely help us achieve the next stage in our growth. The support from Rollins and its network has been tremendous."

In addition to flexReceipts, this year's Rollins MBA Venture Challenge place winners included RNR Diagnostics, developer of a molecular diagnostics test for early detection of skin cancer Melanoma - taking second place and a $6,000 cash prize; Sun Voter, a service dedicated to providing nonbiased candidate information for local, county and state public offices - taking third place and a $3,000 cash prize; and Biocurity, developers of RadGuard™ a nanoparticle radioprotectant that mitigates damage from radiation exposure in cancer treatment nd terrorist radiation threats - taking fourth place and a $2,000 cash prize.

The Rollins MBA Venture Challenge, organized by the Rollins CEO chapter, provides members of the Rollins family an opportunity to take an idea for a new product or business and develop a plan to introduce it to the marketplace. The competition is in its eighth year.

The Rollins student chapter of CEO operates on a global platform and promotes its mission, "to inform, support and inspire college students to be entrepreneurial and seek opportunity through enterprise creation." CEO organizes a variety of programs and events designed to promote successful entrepreneurship amongst students, engage them in entrepreneurial activity, and connect them in a meaningful way with advanced entrepreneurs. Flagship programs include the annual Venture Plan Challenge and Elevator Pitch Competition, and the activities centered around Global Entrepreneurship Week.

For more information on upcoming events and membership in the CEO chapter at Rollins, please visit www.rollinsceo.com.

About Rollins MBA

The Rollins MBA at the Rollins College Crummer Graduate School of Business, located in Winter Park, Florida, is ranked a top MBA program by: Bloomberg (News - Alert) Businessweek, Forbes and U.S. News & World Report. It is among a select group of business schools in the nation that have been accredited at the graduate level and is distinguished by its faculty and the academic and business successes of its graduates. The Rollins MBA offers degrees in four different formats for both working professionals and full-time students. The school also houses Centers of Excellence in Leadership, Advanced Entrepreneurship, Career Development, Management & Executive Education, and Philanthropy and Nonprofit Leadership.

Rollins College

Founded in 1885, Rollins College is Florida's oldest recognized college, and is consistently ranked by U.S. News & World Report as one of "America's Best Colleges." The College of Arts & Sciences offers full-time undergraduate programs in the liberal arts. The Hamilton Holt School serves the Central Florida community by offering exceptional undergraduate and graduate degree programs during evenings and weekends to students diverse in age, experience and professional development. For more information about Rollins, visit our website at www.rollins.edu.

[ Back To TMCnet.com's Homepage ]