The Guest Speaker Amy Salin.

On Thursday, February 25 2016 we got an opportunity of listening the Assistant Director Buerk Center for Entrepreneurship at Foster school of Business in UW Seattle Amy Salin.  Amy was working the Center for a while, and she shared with us her experience about the Business Idea Competition that the center host every year. At the same time, she mentioned the resources that are made available for the student of University of Washington, as well as the students of the other Universities in Washington State too. The resources are kick start those student who are pursuing a dream of creating a business in the near future or has an entrepreneurial mindset to invent new product.

There are three different competition opportunity which are the UW Business Plan Competition, Health Innovative Challenge and Environmental Innovative Challenge. Those the major events that Amy stated during her speech at the class. She also informed us that, students can propose their business ideas, and may submitted seven page long executive summary of their business plan. Then if they pass the initial screening process as a contender they will go to the second round of the competition. At the second round each contender will meet handful of judge that are acting as a real investor, and the judge will invest the business Idea they likes with vague currency. Therefore who ever get the most investment will proceed the next round of competition.

Finally, Amy suggested that this is opportunity of both, get connected to the other students that has a talent and skill which your business Idea may need, or sake a networking for your business. Specifically, for those people who can give you a constructive criticism, feedback, or may connected you to a potential investor in the future.