Bamboo Lota is a Mover and Changer!
October 31, 2009 § 4 Comments
Bamboo Lota is going places!
New York to be exact.
A couple weeks ago Bamboo Lota entered another contest called Movers and Changers (moversandchangers.com) sponsored by mtvU and NYSE Euronext. It was a contest for student entrepreneurs interested in social change to submit not only their ideas, but comprehensive plans with a clear revenue producing model. To prepare for this contest the Bamboo Lota team spent countless hours reformatting our business plan and creating more accurate estimates of financial projections and what not. Well, I guess it paid off because we were selected as one of three finalists to travel to New York and present our business plan to a panel of judges (winner gets $25,000). MTV is also producing a show based on this contest and the first episode airs November 16th.
I was hesitant to tell many people about this new development because I wanted to make sure it would really happen before spreading the news. However, enough time and correspondence has passed between our team and MTV to lead me to believe that it will indeed happen. SO EXCITING! A producer from MTV is flying in next week to interview us about the plan. I haven’t been to New York in so long so to be able to go now and participate in Entrepreneurship Week is going to be so amazing. The winner also gets to ring the bell at the New York Stock Exchange. Yipee!
I’ll update you as news comes along. Although it would be nice to win, at this point I’m just so grateful that the effort is going forward and not becoming stagnant like so many other of my ideas.