Baylor Students Participating In World's Largest Business Plan CompetitionMarch 18, 2010
Graduate students from Baylor University's Hankamer School of Business were selected to participate in the 2010 Rice Business Plan Competition April 15-18 at Rice University in Houston.
A team of Baylor students will present their business plan for Whole Tree, a patent-protected technology that utilizes coir fiber that can be "harvested" from discarded coconut husks to create non-woven fabric composites for a myriad of industries, replacing oil-based, synthetic fiber. This composite is greener, cheaper, has better properties and is currently being evaluated by three major automobile companies and tier-one suppliers.
The Rice Business Plan Competition is the largest and richest business plan competition, with more than $900,000 in total confirmed prizes. Baylor is one of 42 graduate teams competing after being selected from 425 applicants - the most the competition has ever received.