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Call to Entry: National Black MBA Association’s “Innovation Whiteboard Challenge” to Award $10,000 Prize during National Conference


A Great Business Idea, A Marker and A Whiteboard are All You Need –

Chicago -- The National Black MBA Association, Inc. (NBMBAA®) 5th Annual Entrepreneurial Institute® (EI) is accepting applicants for its “Innovation Whiteboard Challenge®” to be held during the annual conference in Indianapolis, IN, on Wednesday, September 26, 2012.  The competition will culminate in one lucky finalist walking away with the $10,000 prize!  Entry into the competition is FREE and the deadline to register for the Innovation Whiteboard Challenge is Monday, August 20, 2012.

The Innovation Whiteboard Challenge, an intense, A-game competition, wherein entrepreneurs armed with only a whiteboard, a marker, and their salesmanship are given five minutes to present their business idea to a panel of venture capitalists, academicians, and established businesspeople.  It is one of the highlights of a daylong event, the EI, designed specifically for aspiring and established entrepreneurs.  Along with the Innovation Whiteboard Challenge, the EI promises a full day of interactive and knowledge-filled sessions designed for entrepreneurs looking to jump-start growth, collaborate with fellow entrepreneurs, and gain new ideas.  The institute, which is designed by entrepreneurs, addresses the unique needs of entrepreneurs at the different phases of their business.

All sessions are led by cutting edge educators and successful entrepreneurs, who are dedicated to sharing their knowledge, insights and expertise.  The EI provides entrepreneurs an excellent opportunity for professional development, networking and breakthrough training.   Entrepreneurs interested in competing in the Innovation Whiteboard Challenge are encouraged to visit http://www.nbmbaa.org/Registration/2012/InnovationWhiteBoard/ to register.

WEDNESDAY, September 26, 2012

Morning Sessions
Sealing the Deal – The Art of Negotiation
Turning Fans & Followers into Commerce - Developing an Effective Online Presence
Going Global: How to Build a Micro, Multi – National Business in a Competitive Environment

Afternoon Sessions
Working a Conference - The Art of Networking & Turning Conversations into Contracts
Panel Discussion - Are you a Golddigger - Discovering Your Financing Options
Generating Profitable P.R. While Strengthening Your Brand

Innovation Whiteboard Challenge® and Institutes Breakfast
3 Finalists will compete for a $10,000 prize.  Within five minutes, each participant must sell his/her business idea to a panel of venture capitalists, academic instructors and successful entrepreneurs using only a whiteboard and marker.
NBMBAA (Entrepreneurial & Leadership) Institutes Luncheon
Institutes Reception

For more information, contact the National Black MBA Association, Inc. at 312-236-2622 or visit and register at http://www.nbmbaaconference2012.org.

About the National Black MBA Association, Inc.
Established in 1970, the National Black MBA Association, Inc. (NBMBAA) is dedicated to developing partnerships that result in the creation of intellectual and economic wealth in the black community through its five channels of engagement; education, career, leadership, entrepreneurship, and lifestyle. With 40-plus chapters, a membership base of more than 8,000 and more than 450 corporate partners, the NBMBAA provides access to its constituents through services such as the Annual NBMBAA Conference; Local Empowerment Initiatives; and other programs. To learn more about the NBMBAA or to become a member, visit www.nbmbaa.org.

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