Tulane Chooses Final Three for Business Plan Competition

On Monday, April 4th the Tulane Entrepreneur’s Association announced the three finalist advancing to their main event. Out of 76 total teams Drop the Chalk, LLC (Tulane University), OsComp Systems (Massachusetts Institute of Technology), and Pathostat, LLC (University of Arizona) will be competing for the $50,000 grand prize.

The group also announced the three finalists for the locally focused Domain Companies Challenge. Drop the Chalk, LLC (Tulane University), Rebirth Financial, Inc. (Tulane University), and Surround Sound Accompaniment (Tulane University) will be competing for the $20,000 grand prize in the Domain Challenge event.

The final presentations are open to the public this Friday April 8, 2011 at Tulane’s Uptown campus in New Orleans, Louisiana. The winners will be announced that night at the invite only Tulane Council of Entrepreneur’s Gala in the Audubon Tea Room. Follow Silicon Bayou on twitter to get the latest news on this and other events around New Orleans.

For all the details about the final round and the organization see their press release below.


For Immediate Release:

Tulane Entrepreneurs Association’s and The Domain Companies will Award $70,000 in Top Prizes to Most Viable Ventures Committed to Conscious Capitalism at the 2011 Tulane Business Plan Competition and Domain Companies New Orleans Entrepreneur Challenge


NEW ORLEANS—  April 1, 2011–   Tulane Entrepreneurs Association (TEA) will choose a final winner for the 11th Annual Tulane Business Plan Competition from a total of 76 teams. The diverse set of business plans were submitted by teams from 45 universities and 5 countries.


With three rounds of competition, one winner will be chosen to take home a cash prize of $50,000. The cash prize will provide financial support to progress an entrepreneurial student’s career path. “Yet again, we have been extremely impressed by both the quantity and quality of the plans submitted in this year’s competition,” said Christopher Williams, TEA’s President, “it gives us reassurance that the principles of Conscious Capitalism are continuing to spread throughout the global business community. The plans advancing to the Final Round represent the best ideas that our generation has to offer, and the Tulane Entrepreneurs Association is proud to be associated with ventures of this caliber.”


The annual business plan competition is open to students with ideas for ventures that will effect positive change in communities throughout New Orleans and the world. The competition is restricted to plans that adhere to the principles of social entrepreneurship and conscious capitalism, a major focus of TEA and Tulane University.


Three teams were chosen to move onto the final round based their full 30 page business plan: Drop the Chalk, LLC (Tulane University), OsComp Systems (Massachusetts Institute of Technology), and Pathostat, LLC (University of Arizona).


TEA has a new partner to its ever-growing competition. The Domain Companies will be awarding a $20,000 cash prize to the plan that demonstrates the most economic impact in New Orleans. The final three locally based teams were selected to compete in the final round of the Domain Companies New Orleans Entrepreneur Challenge: Drop the Chalk, LLC (Tulane University), Rebirth Financial, Inc. (Tulane University), and Surround Sound Accompaniment (Tulane University).


The final, live-round competition of the Tulane Business Plan Competition will take place on April 8, 2011 at Tulane’s Uptown campus in New Orleans, Louisiana and is open to the public.  The final round teams will present to a large audience and a panel of judges who will offer constructive feedback and ideas for resources, contacts, and connections. Students and community members are encouraged to attend and learn about entrepreneurship.


The Tulane Council of Entrepreneur’s Gala will be held the evening of April 8 at the Audubon Tea Room, where the winner will be announced. The Gala is by invitation only.



Goldring/Woldenberg Hall II, A.B. Freeman School of Business

Tulane University, New Orleans, LA



April 8, 2011, 9:00 a.m. to 2:00 p.m.


Competition Sponsors:

The Domain Companies

Graduate and Professional Student Association (GAPSA)

Graduate Business Council (GBC)

Tulane Freeman School of Business

Crescent Bank and Trust / Gary Solomon

Tulane Association of Business Alumni (TABA)

LongueVue Capital

The New Orleans BioInnovation Center


Whole Foods Market

Baker, Donelson, Bearman, Caldwell & Berkowitz, PC

Buquet Distributing

Tulane’s Net Impact Chapter


Final Round Judging Panels:

This year’s final panel represents a wide range of professional backgrounds and will be made up of the following judges:


2011 Tulane Business Plan Competition

Dr. Sandra Coufal, Novartis Research Foundation

Ms. Kathy Laborde, Gulf Coast Housing Partnership

Mr. Michael LeBourgeois, NGP Energy Technology Partners

Dr. Richard McCline, Southern University Baton Rouge

Mr. Amith Nagarajan, Aptify

Mr. Chris Papamichael, The Domain Companies

Mr. Matt Schwartz, The Domain Companies

Ms. Magatte Wade-Marchand, Adina World Beat Beverages


The Domain Companies New Orleans Entrepreneur Challenge

Mr. Taylor Beery, Beery Advisors, LLC

Dr. Sandra Coufal, Relypsa

Mr. Steven Halperin, Barclays Capital

Mr. Eric Hebel, Three Two Five Media

Mr. Michael Hecht, GNO, Inc.

Mr. Chris Papamichael, The Domain Companies

Mr. Matt Schwartz, The Domain Companies


About the Tulane Business Plan Competition:

The Tulane Business Plan Competition is a $50,000 live-presentation competition held annually on Tulane’s uptown campus in New Orleans, Louisiana. The event, which is in its 11th year, is open to all students, both undergraduate and graduate, currently enrolled at an accredited university or college.


About TEA:

The Tulane Entrepreneurs’ Association (TEA) is a student-run organization, committed to educating our young people and connecting them with the local entrepreneurial network. By inspiring innovation and teaching our members how to construct profitable business models, we strive to enhance regional economic growth and positively impact society as a whole.

TEA attempts to achieve these goals by finding new and creative ways to add value to its members’ experience by: hosting a distinguished speaker series, conducting business plan workshops, hosting entrepreneurial classes, organizing social networking events, and coordinating the annual Tulane Business Plan Competition. The competition is just one of the many reasons that Tulane was recently ranked 13th in the nation in Graduate Entrepreneurship Education by the Princeton Review and Entrepreneur Magazine, an accolade that brings our organization great pride.







Christopher Williams

President, Tulane Entrepreneurs Association

Cwilli5@tulane.edu or 504-520-0457


Ruth Yomtoubian

Vice President of Public Relations, Tulane Entrepreneurs Association

Ryomtoub@tulane.edu or 408-621-5547