Wilmingtonbiz logo
Print
Education

High-tech Business Concept Wins Competition

By Jenny Callison, posted May 9, 2014
The results of this year’s eighth annual Business Plan Competition at the Cameron School of Business have been announced, and the winner is Scott Thomson, a recent University of North Carolina Wilmington graduate from Charlotte, a news release from the university stated.

Thomson created a concept that applies state-of-the-art technology to the entertainment/amusement industry, said Stephen Harper, UNCW’s Progress Energy/Betty Cameron Distinguished Professor of Entrepreneurship. The competition’s confidentiality agreement prevents him from sharing details of the concept, other than the fact that Thomson’s concept is the first of its kind.

As winner, Thomson will receive a cash prize of $1,300. The competition’s two other finalists, Tori Keaton and Jim Kittridge, will each receive $1,000.  The prize money is furnished by the competition’s master sponsor, Castle Branch, Harper said.

Participants must be entrepreneurship and business development majors.

The prize money can be used as seed money for ventures based on the plans, but advisors encourage the competition winners to first get some work experience after graduation before they focus on their startups, Harper said.

The professor explained that students who participate in the annual Business Plan Competition do so more for the experience than for the potential financial reward, adding that participants gain practical experience beyond the classroom doing a comprehensive business analysis as a culminating experience for their major in entrepreneurship and business development.

“By having their concept endorsed and getting some excellent feedback – and sometimes a twist on their idea – from the judges, they have a much greater chance of success if they decide to operationalize their concept,” he said.

This year’s competition drew submissions from 26 CSB seniors. Thomson, Keaton and Kittridge were invited to present their plans to the judges, the news release stated.

Join The Discussion

Similar Stories

Book On Business

2015 bookonbusiness

The 2015 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!
Print Only
$19.95 - Qty
Print + Excel File
$79.95 - Qty

In The Current Issue

Wireless Providers Make Investments In NC

U.S. Cellular recently invested $7.9 million in network, stores and community support across the state. AT&Talso has invested heavily in infrastructure in North Carolina.

Info Junkie: Gina Gambony

Info Junkie Gina Gambony's tech and app picks....

McKim & Creed Co-founder Reflects On Career

Trained as an engineer, Michael Creed has devoted much of his career to designing and building a successful business. He and fellow N.C. Sta...

Ico topnews Editor's Picks

Travelers Offer French Connection To Local Businesses, Leaders

Cece Nunn - Apr 17, 2015

Public-private Partnership Crucial For N.C. Growth, CEO Tells Locals

Cece Nunn - Apr 17, 2015

Eshelman Ventures Invests In RTP Pharmaceutical Developer

Jenny Callison - Apr 16, 2015

Firm Buys 46,000-square-foot Industrial Building In Leland

Cece Nunn - Apr 16, 2015
Other

Longley Supply

For the latest in bathroom and kitchen design products and awe-inspiring ideas, visit Longley Supply’s newly renovated showroom at 2018 Oleander Drive in Wilmington, or one of Longley’s four other sho ...more

Ico newsinimages News in Pictures

Have a tip, pitch or guest column?  Send us a tip.

Gallery Galleries

Video Videos

Power Breakfast Series - Special Sauce for Economic Development - March. 2014
WilmingtonBiz Expo Keynote - Ken Lowe - Founder HGTV, CEO Scripps Networks - March. 2014

Register to Continue Seeing Wilmington's Best Business Coverage!


There are three ways to register for free.

Sign in with LinkedIn, Facebook or create an account:



Already registered? Login here.

Your free registration includes:

  • Access to 10 articles per month on WilmingtonBiz.com
  • Email updates to stay informed on local business news
  • A mobile optimized website
  • Advanced notification of Business Journal events
  • Management of your digital and print subscriptions
Laptop iphone ipad