The Fifth Annual Entrepreneurship Challenge will take place April 10 in Blacksburg. Presented by VT KnowledgeWorks, faculty, staff, students and alumni from Virginia will compete to win $100,000 worth of mentorship and business support services that will be used to establish a new entrepreneurial venture in Blacksburg. Visit www.vtknowledgeworks.com for more information.

Here is the press release from VT KnowledgeWorks.

(Blacksburg, VA)  – VT KnowledgeWorks presents the Fifth Annual Entrepreneurship Challenge on April 10 at The Inn at Virginia Tech and Skelton Conference Center, Blacksburg, VA.

First, Virginia Tech faculty, staff, students, and/or alumni will compete in the Tech Transfer Challenge.  Hoping to establish a new venture in Blacksburg using their Virginia Tech owned technology, the teams will compete to win $100,000 worth of mentorship and business support services.

Second, Virginia Tech student teams will compete in the Student Business Concept Competition for $10,000 in scholarships, start-up services, and the opportunity to compete on a world stage next August for the $25,000 VT KnowledgeWorks Global Challenge Award.

The Tech Transfer Challenge registration deadline is February 22, 2013.  Register online at http://www.vtknowledgeworks.com/techtransferchallenge2013.

The Student Business Concept Competition registration deadline is February 8, 2013.  Register online at http://www.vtknowledgeworks.com/echallenge/registration2013.

Cost to attend this full-day event including the competitions, luncheon, and reception is only $30 for students and $50 for non-students.  Register online at http://www.vtknowledgeworks.com/echallenge/registration2013.

Businesses can get details about advertising during this event by contacting Christine Spalding at 540-443-9100 ext. 3 or via email at christine.spalding@vtknowledgeworks.com.

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships.  It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual.  Its world headquarters is in Blacksburg, Virginia, USA.

VT KnowledgeWorks corporate sponsors include Attaain, Inc., BB&T, The Branch Group, Harris Office Furniture, Hodges, Jones & Mabry, P.C., Hutchison Law Group, Latimer IP Law, LLC, LeClairRyan, New River Valley Intellectual Property Law, Science Applications International Corporation (SAIC), and Wordsprint.