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No substitute for real-world experience?

It’s pretty common to hear people complain that education is no substitute for real-world experience. What if you gain real experience in a virtual world, though?

In an effort to foster entrepreneurialism within Second Life, Edelman and The Electric Sheep Company are teaming up to sponsor a Second Life Business Plan competition.

Have you dreamt of that great idea but lacked the resources to get it off the ground? Now may be your chance. Over the next few months, we will be accepting business plan entries, and the winner of the contest can gain sole access to a Second Life private island for 6 months, as well as L$350,000 seed money, and strategic guidance from Edelman and The Electric Sheep Company. Two runners-up can win L$100,000.

from http://www.electricsheepcompany.com/news/?p=39 (via Yoick).A project like this seems like the an excellent way to learn entrepreneurship - something that has been traditionally very hard to teach.

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