Smartphone app for convenience store owners wins 2021 Rice Business Plan Competition
Press Release: April 9, 2021, Rice University, Avery Ruxer Franklin
Smartphone app for convenience store owners wins 2021 Rice Business Plan Competition SwiftSku from Auburn University takes top prize in largest competition ever.
HOUSTON – (April 9, 2021) – An application that allows convenience store owners to remotely manage and monitor their businesses from their smartphones took home the grand prize during the 2021 Rice Business Plan Competition (RBPC).
SwiftSku from Auburn University was selected by the judges as the startup with the highest investment potential and is taking home $432,667 in cash and other prizes.
The annual event hosted by the Rice Alliance for Technology and Entrepreneurship and Rice’s Jones Graduate School of Business is the world’s largest and richest student startup competition. This year’s event attracted the highest number of participants ever, with 54 startups vying for over $1.6 million in prizes. The winners were announced virtually this afternoon at the conclusion of the four-day event.
A competitive, high-quality applicant pool led the Rice Alliance to expand this year’s RBPC, offering more student entrepreneurs the opportunity to compete for prizes and receive the quality mentorship, feedback and real-world experience the competition boasts.
SwiftSku, Auburn University — Grand prize and individual prizes worth a total of $432,667.
The grand price includes:
- $350,000 Investment Prize from Goose Capital.
- Business plan software provided by Palo Alto Software.
- Opportunity to ring the closing bell at the Nasdaq Stock Market in New York.
- $25,000 in-kind CFO Consulting from RG Advisory Partners.
- In-kind legal services from Baker Botts.