News Release

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Miami University
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Enterprise Creation winners announced

04/09/1998

OXFORD, Ohio -- A team of business students from the University of Arizona won the inaugural Miami University Enterprise Creation Competition held April 3-4 in Oxford.

Arizona students Paul Borboa and Chris Wells' won first place with a business plan for ColMEG Collectible Management and Entertainment Group, a company that would provide management and marketing opportunities for private sports memorabilia collectors. Borboa and Wells will split $7,500.

Howard Ransom and Nancy Worthington from the University of Houston placed second with Radio Free Texas, an Internet broadcast company devoted strictly to Lone Star music and musicians. They will split $3,500.

Julie Phillips of Georgia State University placed third with Brown Bag Enterprises, a business devoted to direct sales of adult novelty products through in-home parties. She won $1,000.

Each member of the top three teams won a complete Hewlett Packard computer system as well.

Enterprise teams were graded on the viability of their proposed ventures by judges selected independently by the Ernst and Young LLP Entrepreneurship Services division. Judging criteria included thoroughness of the team's business strategy, creativity of the new venture idea, presentation of the written and oral plan and financial viability of the new business.

The Enterprise Creation Competition was sponsored by Miami's Thomas C. Page Center For Entrepreneurship and The Midwest Entrepreneurial Center at Ball State University. Corporate sponsors include Hewlett Packard, Ernst and Young, Forsythe Solutions and ViewSource Media Inc.

For additional information, contact the Page Center at 513-529-2491.

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