2011 CEO Startup Simulation Challenge Competition Results

The Collegiate Entrepreneurs' Organization held their first Startup Simulation Challenge Competition over the past two months and the competition has come down to the wire. The first round of competition started on March 7th with 22 teams in total. Teams that participated in the competition included: University of Nebraska-Omaha, Embry-Riddle Aeronautical University, Clarkson University, Worcester Polytechnic Institute, Harold Washington College, Pittsburgh University, Kansas State University, California State University-Fresno, University of Missouri-Columbia, University of Trinidad and Tobago, Saint Louis University, Johnson Community College, Louisiana State University, Michigan Tech University, Northern Kentucky University, California State University-Fullerton, Southern Illinois Carbondale, and the University of Quinnipiac.

The game was hosted on the Marketplace Business Simulator. Each team was given a startup computer development company to make life - like business decisions and take the business to great success. The first round consisted of four decision making quarters of gameplace. Based on a balanced scorecard, the top six teams moved onto a more complex final round. The field was narrowed down to six teams after four decision making quarters of gameplay. Each final round participant was given six business quarters to make decisions over a total period of two and a half weeks. These teams were also required to make a video pitch to potential investors on their hypothetical startup computer company. Volunteer judges included: Michael Delazzer (An Orginal Founding Member of Redbox), Gary Dollinger (CEO and Founder of Adalyze Technologies), Amanda Russell (Founder of the AR Program), Willa Qian, Esq. ( (Corporate and Securities Attorney at The Crone Law Group), and the Director of Programs for the Turner Center for Entrepreneurship, Ken Klotz.

Here are the final standings and prizes awarded:

1st Place- Clarkson University
Team Members: Brian Dennehy, Phil Exley, Cris Coveleski, Brandon Lennox, Adam Rainville
Prizes: $1,000 Cash (distributed evenly among team members), National Recognition, Online Article Published on the Team and School, Framed Certificate for the University's Display, Individual Certificates for Team Members, Recognition on CEO's Website, $250 in Restaurant.com Gift Certificates (distributed evenly among team members), free legal business consultation for winning team members from the Crone Law Group

2nd Place- Louisiana State University
Team Members: Harry Masson, Rip Rittell, Harrison Lloyd, George Farhat, Victoria Simoneaux
Prizes: Framed Certificate for the University's Display, Individual Certificates for Team Members, Recognition on CEO's Website, $250 in Restaurant.com Gift Certificates (distributed evenly among team members)

3rd Place- Quinnipiac University
Team Members: Phil Pappas, Chris Scherer, Evin Strott, Eric Grabowski
Prizes: Framed Certificate for the University's Display, Individual Certificates for Team Members, Recognition on CEO's Website, $125 in Restaurant.com Gift Certificates (distributed evenly among team members)

The teams will also be recognized at the CEO National Conference, which will be held October 27-29 in Fort Worth, Texas. The National conference will include several competitions and many keynote and breakout session speakers. The Collegiate Entrepreneurs' Organization (CEO) is the premier entrepreneurship network with chapters on university campuses across North America. Our mission is to inform, support and inspire college students to be entrepreneurial and seek opportunity through enterprise creation.

For more information on the Collegiate Entrepreneurs' Organization, visit C-E-O.org.