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For Immediate Release:

Tulane Entrepreneurs Associations and The Domain Companies will Award $70,000 inTop Prizes to Most Viable Ventures Committed to Conscious Capitalism at the 2011Tulane Business Plan Competition and Domain Companies New Orleans EntrepreneurChallenge

NEW ORLEANS April 4, 2011 Three new start-up companies will compete for at least$50,000 on Friday at the 11th Annual Tulane Business Plan Competition, a international contestthat rewards promising new ventures that aim to make a difference in their communities. The

diverse set of business plans were submitted by teams from 45 universities and 5 countries.

With three rounds of competition, one winner will be chosen to take home a cash prize of$50,000. The cash prize will provide financial support to progress an entrepreneurial student'scareer path. Yet again, we have been extremely impressed by both the quantity and quality ofthe plans submitted in this years competition, said Christopher Williams, TEAs President, itgives us reassurance that the principles of Conscious Capitalism are continuing to spreadthroughout the global business community. The plans advancing to the Final Round represent thebest ideas that our generation has to offer, and the Tulane Entrepreneurs Association is proud tobe associated with ventures of this caliber.

The annual business plan competition is open to students with ideas for ventures that will effectpositive change in communities throughout New Orleans and the world. The competition isrestricted to plans that adhere to the principles of social entrepreneurship and consciouscapitalism, a major focus of TEA and Tulane University.

Three teams were chosen to move onto the final round based their full 30 page business plan:Drop the Chalk, LLC (Tulane University), OsComp Systems (Massachusetts Institute of

Technology), and Pathostat, LLC (University of Arizona).

TEA has a new partner to its ever-growing competition. The Domain Companies will beawarding a $20,000 cash prize to the plan that demonstrates the most economic impact in NewOrleans. The final three locally based teams were selected to compete in the final round of theDomain Companies New Orleans Entrepreneur Challenge: Drop the Chalk, LLC (TulaneUniversity), Rebirth Financial, Inc. (Tulane University), and Surround Sound Accompaniment

(Tulane University).

The final, live-round competition of the Tulane Business Plan Competition will take place onApril 8, 2011 at Tulane's Uptown campus in New Orleans, Louisiana and is open to the public.The final round teams will present to a large audience and a panel of judges who will offerconstructive feedback and ideas for resources, contacts, and connections. Students andcommunity members are encouraged to attend and learn about entrepreneurship.

A. B. Freeman School of Business

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The Tulane Council of Entrepreneur's Gala will be held the evening of April 8 at the AudubonTea Room, where the winner will be announced. The Gala is by invitation only.

Where:Goldring/Woldenberg Hall II, A.B. Freeman School of Business

Tulane University, New Orleans, LA

When:April 8, 2011, 9:00 a.m. to 2:00 p.m.

Competition Sponsors:The Domain CompaniesGraduate and Professional Student Association (GAPSA)Graduate Business Council (GBC)A.B. Freeman School of BusinessCrescent Bank and Trust / Gary Solomon

Tulane Association of Business Alumni (TABA)LongueVue CapitalThe New Orleans BioInnovation CenterNOLAGraphicsWhole Foods MarketBaker, Donelson, Bearman, Caldwell & Berkowitz, PCBuquet DistributingTulanes Net Impact Chapter

Final Round Judging Panels:This years final panel represents a wide range of professional backgrounds and will be made upof the following judges:

2011 Tulane Business Plan CompetitionDr. Sandra Coufal, Novartis Research FoundationMs. Kathy Laborde, Gulf Coast Housing PartnershipMr. Michael LeBourgeois, NGP Energy Technology PartnersDr. Richard McCline, Southern University Baton RougeMr. Amith Nagarajan, AptifyMr. Chris Papamichael, The Domain CompaniesMr. Matt Schwartz, The Domain CompaniesMs. Magatte Wade-Marchand, Adina World Beat Beverages

The Domain Companies New Orleans Entrepreneur ChallengeMr. Taylor Beery, Beery Advisors, LLCDr. Sandra Coufal, RelypsaMr. Steven Halperin, Barclays CapitalMr. Eric Hebel, Three Two Five MediaMr. Michael Hecht, GNO, Inc.Mr. Chris Papamichael, The Domain CompaniesMr. Matt Schwartz, The Domain Companies

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About the Tulane Business Plan Competition:The Tulane Business Plan Competition is a $50,000 live-presentation competition held annuallyon Tulanes uptown campus in New Orleans, Louisiana. The event, which is in its 11th year, isopen to all students, both undergraduate and graduate, currently enrolled at an accrediteduniversity or college.

About TEA:The Tulane Entrepreneurs Association (TEA) is a student-run organization, committed toeducating our young people and connecting them with the local entrepreneurial network. Byinspiring innovation and teaching our members how to construct profitable business models, westrive to enhance regional economic growth and positively impact society as a whole.TEA attempts to achieve these goals by finding new and creative ways to add value to itsmembers experience by: hosting a distinguished speaker series, conducting business planworkshops, hosting entrepreneurial classes, organizing social networking events, andcoordinating the annual Tulane Business Plan Competition. The competition is just one of themany reasons that Tulane was recently ranked 13th in the nation in Graduate Entrepreneurship

Education by the Princeton Review and Entrepreneur Magazine, an accolade that brings ourorganization great pride.

Contact:

www.tea.tulane.edu

Christopher WilliamsPresident, Tulane Entrepreneurs AssociationCwilli5@tulane.edu or 504-520-0457

Ruth YomtoubianVice President of Public Relations, Tulane Entrepreneurs AssociationRyomtoub@tulane.edu or 408-621-5547

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