Busenitz, who is also professor of entrepreneurship and management at OU, sees the Governor's Cup as external validation of what he and other professors are teaching in class. “We're trying not just to teach about entrepreneurship,” he said. “We want the students to think about how they might actually start up a venture and know that it has validity going forward.”
That's one lesson learned through the Governor's Cup.
Another lesson is the real-world connection between entrepreneurship and significant tangible rewards. Governor's Cup teams realize that firsthand as they compete for more than $290,000 in cash, scholarships and fellowships.
The 2013 winners will be announced Thursday evening at the celebratory gala. They will leave the event with more than $150,000 in cash awards.
That firsthand experience of the financial benefits of the entrepreneurial path makes an impression — the type of impression that shapes a career.
Scott Meacham is president and CEO of i2E Inc., a nonprofit corporation that mentors many of the state's technology-based startup companies. i2E receives state appropriations from the Oklahoma Center for the Advancement of Science and Technology. Contact Meacham at i2E_Comments@i2E.org.