Monday, June 8, 2009

DFJ, Cisco Fund Business Plan Competition

Draper Fisher Jurvetson and Cisco revealed Monday that the two will invest $250,000 in the winner of a global business plan competition aimed at students. According to the firms, a panel of DFJ and Cisco executives in San Jose will judge a new business plan competition from aspiring college and university student entrepreneurs, and award a minimum of $250,00 in seed money. One of the twists in the competition: participants in the competition will use Cisco's teleconferencing equipment to present their plans remotely.