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SFU Business wins gold in national business competition

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Contact:
Michael Parent, SFU Business, 604-291-5214l; mparent@sfu.ca
Nigel Alvares, 604-649-5066; Nigel_Alvares@pmc-sierra.com


March 30, 2005
A team from the SFU Business Management of Technology (MOT) MBA program is the first university team from western Canada to win the prestigious IBK Capital Ivey Business Plan competition.

MOT MBA students Nigel Alvares, Joanna McKay, Ally Mullani and Ravi Singh, all of team JARN, entered the competition with a business plan for a data storage product. They competed against nine other finalists, including teams from Rotman, Ivey and Concordia, for the $25,000 first prize.

For the second consecutive year, SFU Business was the only western Canadian business school to make it into the finals.

The MOT MBA winners will now compete at Moot Corp., the international business plan competition run by the McCombs School of Business at the University of Texas, Austin, in May. First prize in this competition is US $100,000 seed money to launch their venture.

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