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Start-Up Challenge Competition Advances to Final Round, Red Hat Founder to Deliver Keynote Address

April 23, 2003

startup_challenge_logo_2003_april24DURHAM, NC- The fourth annual Duke Start-Up Challenge Awards Ceremony will be held on Saturday, April 26, 2003. This is the final event of a multi-stage competition which awards over $125,000 in cash and prizes to winning start-up companies developed by students and faculty at The Fuqua School of Business. The event is held to foster entrepreneurship and provide first-hand experience in venture capitalism. It is the largest competition of its kind in the nation. 

Five start-up companies have advanced to the final round of competition with concepts including next-generation digital display technology, corrective surgical procedures for the heart wall and fuzzy constraint software technology. The companies will give a final presentation to the audience of venture capitalists, entrepreneurs and interested business leaders prior to the awards ceremony.

The Duke Start-Up Challenge 2003 Awards will begin with the Venture Fair from 1:30-4:00 p.m. and the Awards Ceremony will follow from 4:00-6:00 p.m. Bob Young, Chief Executive Officer of Lulu Technologies and founder of Red Hat, will deliver the keynote address. Both events will be held in Geneen Auditorium at the Fuqua School of Business on the Duke University campus and are free and open to the public.

Registration information and directions are available at www.dukestartupchallenge.org/press or by contacting Kira Scherer at 919.479.0099.

The Duke Start-Up Challenge is an organization of Duke University which promotes entrepreneurial leadership nationwide.