Future Business Leaders Welcomed in Monaco: The Next Generation Entrepreneur Forum 2006

From March 2nd-4th in the Principality of Monaco, more than 250 participants from around the world with gather for three days of networking sessions, debates and interactive round table discussions, where entrepreneurs, students, alumni and venture capitalists will work together to turn innovative ideas into real businesses.

(PRWEB) March 2, 2006 -- The highlight of the 3rd Edition of the Next Generation Entrepreneur Forum (NGEF) , held in collaboration with the prestigious International University of Monaco (IUM), will be the Business Plan Competition, where entrepreneurs will go head to head in front of prominent business leaders vying for €55,000 of investment funding and the chance to turn their business ideas into reality.

19 teams representing prestigious universities like University of Michigan (the USA), Farleigh Dickinson (GB), Bocconi University (ITA) - London School of Economics (GB), North Carolina State (the USA) - University of Nicolaus Copernicus (Poland) - University of Oxford (GB) and Kings College, London (GB) will present their business plans to a panel of judges.

The competition provides contestants with the opportunity to meet investors and partners, secure resources, and get media exposure to help turn dreams into realities. An Investment Fund has been put together to make this possible. The fund is made up of these 11 venture capitalists: Barend Van de Vorm (HOL), John McLean (GB), Vivian Scott (GB), James Walfenzao (ALL), John Walton (GB), William Laurent (FRA), Massimo Cagna (ITA), Dianna Scott (GB), Marc Davanzo (ITA), and Tony Izelaar (ALL).

NGEF President Hinatea Tama says this year’s competition should be a good one. The Forum’s business plan competition has spawned some successful business plans, and participants have gone on to implement their plans and start successful enterprises.

Examples include last years top finishers Marie-Louise & Antonia Mortensen, who developed the successful UK based Nail Addict; and the ambitious project by IUM Executive MBA representative and world class athlete Tracy Mattes, who developed a plan to create an International Olympic Training Center in the Principality of Monaco. These young entrepreneurs lead by example showing the hard work, dedication and perseverance it takes to be successful in the business world. For more information on the projects of Marie-Louise & Antonia Mortensen and Tracy Mattes click here: http://www.ngefmonaco.org/previous_events/NGEF2004-2005_winners.pdf

The day of competition promotes and celebrates innovation, growth, entrepreneurial education and knowledge transfer between the business leaders of today and the business leaders of the future.

The conference will be held at the splendid Monte Carlo Bay Hotel.

NGEF March 2nd-4th -Monte Carlo Bay Resort

200 Participants- 11 Universities

19 Business Plans

10 Top Business Leaders from around the world scheduled to speak:

Allen Barrel, Ron Rosner, Tom Willemsen, Candace Johnson, Francesco Bongiovanni, Nadarajah Danaraj, Brian Cahill, Michael Peagram, Matt Turner and Alex Wiedmer

1 Investment Fund 11 Venture Capitalists/€55,000

President of 3rd NGEF Hinatea Tama

www.ngefmonaco.org

Media Contact Hinted Tama

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