80legs participated in a business plan competition at Rice University while I was still getting an MBA there. We were one of the finalists, but not the top winner.

That was a year ago. I have since done some basic searching to see what the other finalists have done since then. As far as I can tell, only one (the winner) has done anything significant so far, and that's just raising money. Granted, it's just a web search, but it seems the rest have just done things like win other competitions, get grant money, etc.

We are the only ones actively engaged in business. And we only entered the competition for fun. (We used our winnings for free lunches.)