Brown may not have a business school, but that doesn't keep students from pretending. At its second annual New Venture Presentation in May, the student-run and alumni-supported Brown Entrepeneurship Program awarded more than $30,000 in cash and services to students who just couldn't wait until graduation to start their own businesses.
Groups of students had fifteen minutes to present their start-up ideas to a panel of judges, which this year included Nantucket Nectars cofounder Tom Scott '90 and Motley Fool founder Tom Gardner '90. The program was open to any team that contained a Brown student. This year's first-place winner was Foresite Solutions (www.foresitesolutions.com), a Web-site design group made up of Chad Billmyer '01, Brooks King '02, Patrick Moos '02, and Raymond Prisament '01. (Full disclosure: the BAM is one of Foresite's paying clients.) The trio, which came together originally to overhaul the Brown Daily Herald's Web site last year, received $10,000 in cash and $4,500 in legal and marketing help.
The runners-up this year were Audit Earth (www.auditearth.com), whose plan is to provide auditing services to Web sites needing third-party verification of their access data, and Shop Well With You, a nonprofit company that connects cancer patients with trained "personal shoppers." Both of these start-ups received $4,500 in cash and $3,000 in legal and marketing services.