CONTACT: Eric Whittington or Patricia Divine
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WINSTON-SALEM, N.C. - The Kauffman Center for Entrepreneurial Leadership at the Ewing Marion Kauffman Foundation has issued a $40,000 grant to Wake Forest University's Babcock Graduate School of Management to fund a national case study competition for entrepreneurship students.

The competition will be among elite graduate business schools participating in the Kauffman Entrepreneur Internship Program. MBA students from across the country will compete by preparing entrepreneurial teaching cases that will be judged by a panel of entrepreneurship professors. Harvard and Northwestern are among the schools that have expressed an interest in competing.

"We have found that student preparation of a teaching case with teaching notes is a very strong learning tool that helps bridge the gap between theory and practice for young entrepreneurs," says Stan Mandel, director of the Babcock School's Angell Center for Entrepreneurship, which will host the finals of the event. "This competition will enrich students' internship experiences and underscore how important competition is in entrepreneurial activities. It also promises to add a treasury of cases available to MBA programs that offer entrepreneurship courses and curriculums."

Plans call for each participating university to conduct its own case-writing competition during the summer and fall of 2000. The winning student and faculty advisor from each school will advance to the event's finals, to be held at the Babcock School in spring 2001.

Cases will focus on such subjects as new venture creation and venture capital; entrepreneurial finance, human resources or marketing; and fast-growth management.

The Kauffman Center, located in Kansas City, Mo., works to accelerate entrepreneurship in America through educational programming and research.

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