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Teams From Carnegie Mellon, Yale, Manitoba Win Tepper School's 2008 McGinnis Venture Competition
Date:3/21/2008

ount on prevailing utility rates.

A team from the University of Louisville's Department of Management and Entrepreneurship won the elevator pitch competition -- a separate $2,000 cash award -- with Partum Group LLC, a medical device to help physicians monitor the birth process.

The McGinnis Venture Competition continues to expand internationally. This year, one quarter of competing teams came from outside the U.S., including teams from India, China, Germany, Colombia and Canada. Helping to fuel the international growth is Tepper School alumnus Sarosh Kumana (MSIA, 1977), who sponsored the Sustainable Technology track again this year.

Kumana, founder of the Foundation for a Sustainable Future (http://www.sustainable-future.org), helped sponsor the Al Gore Sustainable Technology Venture Competition in India, which produced the two Indian teams competing in the McGinnis Competition.

In its fifth year, the McGinnis Venture Competition attracts teams from the world's top MBA schools to compete for prizes that include cash and legal services from Pittsburgh's top venture-minded community. The annual McGinnis Venture Competition is made possible by an endowment from Gerald E. McGinnis, a successful entrepreneur and founder of Respironics Inc.

Founded in 1949, the Tepper School of Business at Carnegie Mellon (http://www.tepper.cmu.edu) is a pioneer in the field of management science and analytical decision-making. The school's notable contributions to the intellectual community include six Nobel laureates and a consistent presence in the top tier of business school rankings. The Wall Street Journal recently ranked the Tepper School as the fifth-best business school in the United States.


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SOURCE Tepper School of Business at Carnegie Mellon
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