During 2012, NCET will be holding the 8^th annual Donald W. Reynolds Governor’s Cup Collegiate Business Plan Competition. But that’s not the news. The news is that Nevada’s college and university students can now enter FIVE additional college business plan competitions, each offering prizes, experience, business skills and the chance to actually launch their businesses.

When I started at NCET in 2006, the Governor’s Cup competition was the only college business plan competition in town. Just six years later, Nevada’s college and university students can enter business plan competitions at Truckee Meadows Community College, Sierra Nevada College, the University of Nevada, Las Vegas, and new for 2012, the Sontag Entrepreneurship Award Competition at the University of Nevada, Reno. In addition, the US Department of Energy is conducting the “FLoW” competition for energy-related business plans. Collectively, these competitions offer over $400,000 in cash prizes.

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NCET is very pleased to announce that 2010 Goveror’s Cup winner TIKI ICE is now available at Whole Foods Markets in southern Nevada, as well as at Albertsons stores in southern California and southern Nevada!  Here’s what Jean Bridges said in her email:

“We look forward to gaining many new TIKI ICE fans.  As we head into Fall and Winter – remember – TIKI ICE frozen fruit ices make not only a great healthy, family-friendly dessert treat, but a perfect drink mixer as well!  Try any flavor with vodka, light rum, tequila, or dry champagne for a sophisticated, delicious cocktail.

Stay tuned for upcoming events and all of our tiki-tastic news.  And be sure to follow us on Facebook and Twitter.

And thank you again for all of your support, tiki fanatics!!”

As the University of Nevada, Reno College of Business hosts its annual Business Week, the College welcomed to campus today alumnus Rick Sontag, who brought a special gift to the University and its students – a $1 million check.

The gift will establish an endowment in the University of Nevada, Reno Foundation with the goal of presenting an annual Sontag Entrepreneurship Award of about $50,000 to a student or group of students who demonstrate an ability and intention to start or expand a business.

Sontag, who earned his bachelor’s degree in physics at Harvey Mudd College in 1964 and then his master’s degree in physics from the University of Nevada, Reno in 1966, presented the check to College of Business Dean Greg Mosier and Vice President of Development and Alumni Relations John Carothers after addressing students this afternoon at the University’s Joe Crowley Student Union Theatre. Sontag shared with the students that while at Nevada, he had an epiphany that he was “more interested in the administration and management of science than actually doing the sciences,” so he decided to get his MBA.

“It’s easy to get channeled into a certain direction because people see you are good at it, but I think in the end, you have to follow your heart and your intuition,” he said. “You have these inner voices telling you what you ought to be doing and you need to listen to them.”

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Katie Knapp brushed aside the nightmarish economy and put her faith in the American dream — and started her own business.

"I didn’t want to sit around at home wondering where my next job is coming from or wait for someone to make it happen for me," she said.

So in July, Knapp opened Bumblebee Blooms Flower Boutique in a 900-square-foot shop on Sierra Street in downtown Reno.

"I figured the economy won’t get a whole lot worse and has nowhere to go but up," she said. "I prepare for the worst and hope for the best."

Knapp, 41, admits she has the luxury of a spouse with a solid job to back her up, but she insists her stubbornness in the face of recession helps set her apart as an anomaly in the nation’s beleaguered small-business world.

Federal Bureau of Labor Statistics show 2.1 million fewer Americans were self-employed in August from the peak of 14.5 million in the pre-recession days of December 2006.

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