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The word-choice is really a minute issue. The more appalling one is that the "entrepreneur" potentially wins half the prize while his "resources" split the other half. This seems grossly unfair given that the entrepreneur doesn't seem to bring any value other than his/her idea to the event.

... the only difference listed between an entrepreneur and resource is that the former has an idea they want to try out. So I'd fully expect the entrepreneur to be a developer/designer/sales person who can contribute in significant ways.

Sure, but it is a little insulting to be thought of as a resource.

It's unnecessary, it's dehumanizing, and I - for one - am not cool with it, history or no.