That decision was made by the Jefferson Smurfit Center for Entrepreneurial Studies at St. Louis University. Administering organizations are chosen based on eagerness to participate, credibility, recognition and staff ability to administer the awards. The state awards and the North American Collegiate Entrepreneur Awards are in recognition of exceptional entrepreneurial skill and creativity among undergraduate students enrolled in colleges, universities or other post- secondary institutions. First-place winners in the state will advance to the North American Entrepreneurial Awards competition. Any undergraduate student enrolled in an Iowa college or university during 1998 who simultaneously carries on business activities may apply for an award.
Prize money is available for both the student and for their faculty nominator.
More information on the program will be available in October. Anyone interested in this program should begin preparing now, however. Other countries that participate are Canada and Mexico.