UMaine Business Challenge Expands to Other Schools, Mainebiz Reports

Organizers of the UMaine Business Challenge, the state’s largest student entrepreneurship competition, recently announced the contest is no longer limited to Maine’s public universities, according to Mainebiz. The organizers said students at all of Maine’s higher education institutions looking to pitch their business ideas are eligible to compete for a total of $20,000 in cash and consulting prizes, including free entry into the Maine Center for Entrepreneurial Development’s Top Gun program, the article states. The UMaine Business Challenge was founded in 2011 by a group of 2010 UMaine graduates who wanted to give back to their alma mater while creating more opportunities for student entrepreneurs. “Our two main goals have never changed: Support collegiate entrepreneurs and help contribute to Maine’s economic growth. Opening up the competition helps us accomplish both of those,” said organizer James Morin in a prepared statement.