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Sauder teams set to compete at IBK Capital - Ivey Business Plan Competition in London, Ontario

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VANCOUVER – Three MBA teams from the Sauder School of Business at the University of British Columbia have been invited to the IBK Capital – Ivey Business Plan Competition later this month.

The prestigious MBA business plan competition is the largest of its kind in Canada, and is notable for having launched several successful commercial enterprises.

The Sauder teams invited to this year¹s competition are:

eFoods, consisting of Sauder MBA students Alejandra Fosado, Aleksandra Ivanovic, Yuki Shirato, and Jack Wong.

Main Street Rollers, consisting of MBA students Ian Cruickshank, Geoff Henshaw, Ken Lee, Alison Richter and Jason Robertson.

(Both of these teams have based their entries around projects undertaken in the MBA Core.)

MosaStore, comprised of Sauder MBA student Awaneesh Shatmanyu, and Samer Al-Kiswany, a UBC PhD student in computer engineering.

With a total of $40,000 in cash prizes, Ivey's Business Plan Competition is designed to promote entrepreneurship at Canadian business schools. Competitors submit new-venture business plans and are judged by venture capitalists and experts in the field.

This year¹s competition is taking place in London, Ontario on March 27 and 28. Winners go on to represent Canada at the Global MOOT Business Plan Competition ­ the world's largest student business plan competition held annually at the University of Texas.

The IBK Capital - Ivey Business Plan Competition is organized by Ivey MBA students for graduate students across Canada. This year, in addition to the Sauder School at UBC, teams from University of Toronto, Queens University, McMaster University, University of Alberta, University of New Brunswick and Western's Richard Ivey School of Business have made it into the final round, which is limited to only 12 teams.

Support for the competition has been received from IBK Capital as well as from Covington Capital. For more information on this year's competition please visit www.iveybpc.com