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On Winning Rice’s $1Million Business Plan Contest

Up and Running

There’s a long way to go, years in fact, but the team from University of Arkansas had to impress a lot of judges, and beat a lot of other impressive ventures, to take the first prize. BiologicsMD wins a first prize valued at $385,000 including a $285,000 equity investment, $20,000 cash, and more than $80,000 in business services.