SOURCE: Cincom Systems

February 21, 2006 09:00 ET

Cincom to Host/Sponsor UC Spirit of Enterprise Competition

Champions to Win $10,000 Prize

CINCINNATI, OH -- (MARKET WIRE) -- February 21, 2006 -- For the second year in a row, Cincom Systems will host and sponsor the 2006 UC Spirit of Enterprise MBA Business Plan Competition, an invitational forum for the next generation of entrepreneurs to "road test" their new venture concepts. Initiated by the University of Cincinnati Center for Entrepreneurship Education and Research (E-Center), the competition will be held on Thursday, February 23 and Friday, February 24. The inaugural 2005 Spirit of Enterprise Competition drew teams from all over North America, and this year, four more teams will be participating.

"Cincom Systems' World Headquarters is a great venue in which to compete, and it gives students a chance to learn about global business from one of the great entrepreneurial success stories in the software industry, Tom Nies," said Dr. Charles Matthews, director, UC E-Center.

Student teams from 12 universities will compete in three challenging rounds. The Cincom Spirit of Enterprise Champions will receive $10,000 from Cincom and an automatic bid to the 2006 MOOT CORP Competition often called "The Super Bowl of World Business-Plan Competitions." Held at the University of Texas, Austin, MOOT CORP is the original intercollegiate new-venture competition offering the largest guaranteed prize of any student contest in the world. Prize money will also be awarded to the second and third-place winners and to the recipient of the best technology plan.

"The competition's rewards reach far beyond monetary value," said Dr. Matthews. "Participants will receive invaluable assessments and critiques from distinguished judges, as well as practice in competing against students from other universities."

Teams not advancing to finals enter the UC taxi/limo round. The 10-minute ride mirrors a chance encounter with a potential angel investor. The top team that convinces the investor of their business plan's viability before the ride comes to a halt will also be awarded a cash prize.

About the UC Center for Entrepreneurship Education and Research (E-Center)

Founded in 1997 by Dr. Charles H. Matthews, the E-Center's vision and mission is to provide a state-of-the-art entrepreneurship curriculum and research base not only for potential student entrepreneurs and scholars, but also for people in the many organizations that interact with small, entrepreneurial and family-owned businesses on a daily basis. The University of Cincinnati has been ranked as one of the top 50 programs for entrepreneurship in the U.S. by Success magazine and one of the top regional programs in the U.S. (Entrepreneur Magazine) in 2003, 2004, and 2005.

About Cincom

For nearly 40 years, Cincom's software and services have helped thousands of clients worldwide simplify the management of complex business processes. Cincom specializes in the five areas of business where simplification brings the greatest value to managers who want to grow revenue, control costs, minimize risk, and achieve rapid ROI better than their competitors.

Cincom serves clients on six continents including BMW, Citibank, Boeing, Northwestern Mutual, Federal Express, Ericsson, Penn State University, Milacron, Siemens, Rockwell Automation, and Trane.

For more information about Cincom's products and services, contact Cincom at 1-800-2CINCOM (USA only), send an e-mail to info@cincom.com, or visit the company's website at www.cincom.com.

Cincom and he Quadrant Logo are registered trademarks of Cincom Systems, Inc. All other trademarks belong to their respective companies.

©2006 Cincom Systems, Inc.

All Rights Reserved

Contact Information


  • Media Contact:
    Jillian Dapore
    Public Relations
    Cincom Systems, Inc.
    513.612.2104
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