Plans for non-profit businesses are also excluded from competition.
This sort of collaboration proves beneficial, as evidenced by the great successes of former teams that comprised individuals with varied aptitudes. Controlling the placement of nanofibers — a process that had been impossible until this point — allows the creation of more complex structures and makes new applications for the fibers possible.
Real-world value Student participants in the Governor's Cup are given the opportunity to write a viable business plan and make a pitch that could result in real dollars, which can be used to implement their ideas.
ParaNano LLC hopes to commercialize the prototype technology for laboratory and low-volume manufacturing applications.
All submitted business plans must be leading-edge and not include buy-outs, tax shelters, real estate syndications, roll-ups, current company expansions or franchises.
The competition encourages undergrad and graduate students to work together in an effort to maximize mentoring opportunities and a cross-pollination of experience. Cutline 2: University of Central Oklahoma students Morgan Timmons, left, and Anthony Purinton, right, won the undergraduate and graduate pitch contests, respectively, at the Oklahoma Donald W.