The Wharton School of the University of Pennsylvania announces that the Wharton Business Plan Competition has chosen its 26 semi-finalists.

The semi-finalists of the Competition, which is open to any University of Pennsylvania student and managed by Wharton Entrepreneurial Programs, will compete for $116,000 in prizes and the chance to present full business plans at the annual Venture Finals on April 27, 2011.

The Venture Finals program takes place April 27, 2011 at the Wharton School’s Dhirubhai Ambani Auditorium and annually attracts over 200 entrepreneurs, venture capitalists, investment bankers, alumni, faculty and students.

Showing its commitment to the Competition, Wharton this year has increased combined in-kind and cash prizes 53%, attracting a diversity of students. New for 2011, the semi-finalist teams, who are required to complete full business plans, will also deliver a five-minute pitch before a panel of distinguished judges from their industry track.

Semi-finalist teams include:

# Baby.com.br: Brazil’s “one-stop-shop” for baby products online with free 24 hr delivery
# Flipables: Low cost, hygienic footwear designs for spas, gyms, and resorts
# Cyrano Nasal Science: drug therapy for nasal allergies (i.e. hay fever)
# MindMyStop: public transit advertising via “Next Stop” announcements to connect shoppers with nearby retailers
# Zoda: all natural soda containing beneficial probiotic cultures as well as vitamins and antioxidants
# Pledge4Good: mobile application that allows users to pledge money for charity for personal goals achieved e.g. weight loss, smoking cessation, cursing

Full List of Wharton Business Plan Competition Semi-finalists