An Exemplar Company
Monday, September 06, 2010
Competition Begets Excellence

The Bard Center for Entrepreneurship at the University of Colorado - Denver held its annual business plan competition awards luncheon yesterday. Revolve was proud to be an in-kind sponsor for the event, awarding prizes to each of the six finalists.

As the Wall Street Journal  recently pointed out, some business plan competitors inevitably come away from these kinds of competitions a bit disappointed. However, there is almost unanimous agreement among those that enter that the process of having to refine the business plan, think hard about weaknesses or areas for improvement, and then present to a group of critical experts sharpens the competitors’ business models and positions them for a greater likelihood of success.

That is, competition, and all that goes with it, makes companies better. Indeed, competition begets excellence.

We would like to congratulate CaraSolva on their win at the competition, but we are also delighted that the other five finalists went through the demanding process and came out the better for it. And for their efforts, Revolve Inc is delighted to offer $1,000 of in-kind services to each of the finalists.

Congratulations again to CaraSolva, and also to UrgentRx, Diego Zhang’s Burger Cafe, ePRepSolutions, LLC, Physical Activity Innovations, and Shelter-Me Photography, Inc.!