Rice Business Plan Competition winner to ring Nasdaq closing bell today

MEDIA ADVISORY

Amy Hodges
713-348-6777
amy.hodges@rice.edu

Rice Business Plan Competition winner to ring Nasdaq closing bell today

HOUSTON – (Aug. 23, 2013) – SiNode Technologies, winner of the 2013 Rice Business Plan Competition, will ring the Nasdaq stock market closing bell today at 3 p.m. CDT. NuMat team members will be joined by Brad Burke, managing director of the Rice Alliance for Technology and Entrepreneurship, which hosts the annual business competition.

A live webcast of the NASDAQ Closing Bell will be available at:
www.nasdaq.com/about/marketsitetowervideo.asx.

Who: SiNode Technologies, winner of the 2013 Rice Business Plan Competition, and Brad Burke, managing director of the Rice Alliance for Technology and Entrepreneurship.

What: Nasdaq closing bell ringing.

When: Friday, Aug. 23, 2:45-3 p.m. CDT.

Where: NASDAQ MarketSite, 4 Times Square, 43rd and Broadway, Broadcast Studio, New York.

SiNode Systems is a battery materials company developing silicon graphene anodes for the next generation of lithium-ion batteries.

For more information, contact Amy Hodges, senior media relations specialist at Rice, at 713-348-6777 or amy.hodges@rice.edu.

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Related materials:

Rice Business Plan Competition: http://rbpc.rice.edu

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The Rice University Business Plan Competition is the world’s richest and largest graduate-level business plan competition. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship, which is Rice University’s flagship initiative devoted to the support of entrepreneurship, and the Jesse H. Jones Graduate School of Business. This is the 13th year for the competition. In that time, it has grown from nine teams competing for $10,000 in prize money in 2001, to 42 teams from around the world competing for more than $1.5 million in cash and prizes.

In 2013, more than 1,200 applications were submitted. More than 130 corporate and private sponsors support the business plan competition. Venture capitalists and other investors from around the country volunteer their time to judge the competition, with the majority of the more than 300 judges coming from the investment sector; 128 past competitors have gone on to successfully launch their businesses and are still in business today; they have raised more than $600 million in funding. 

The competition is designed to give collegiate entrepreneurs a real-world experience to fine tune their business plans and elevator pitches to generate funding to successfully commercialize their product.

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