2011 merage school business plan competition 2011 competition kick-off november 16
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2011 Merage SchoolBusiness Plan Competition
2011 Competition Kick-off
November 16
2011 Merage SchoolBusiness Plan Competition
Overview• Welcome and Introductions• Business Plan Competition Benefits• Competition Rules for Qualification and Judging
Criteria• Competition Categories and Awards• How the Competition Works• How to Register & Concept Papers• Competition Schedule• What’s New This Year: Prosperitas and
TechPortal Awards• Wrapping It All Up / Q&A• Networking Session
2011 Merage SchoolBusiness Plan Competition
Thank you to our partners:
2011 Merage SchoolBusiness Plan Competition
Business Plan Competition Benefits
• Key skill to have whatever you do in life• Develop analytical and team building skills• Consummate networking opportunity• Over $36,000 in awards• Become part of the deal flow for TCA, Calit2 TechPortal and
the Irvine Incubation Center• Vator.tv People’s Choice Poll• 4 great skills workshops taught by experts in their fields• Team coaches for semi-finalist teams• Establish a presence through Vator.tv• It’s fun
2011 Merage SchoolBusiness Plan Competition
Who Can Participate & How Do I Form a Team?
• Open to all UCI students, staff and researchers• Each team must have of at least 3 members• Each team must have at least 2 full time, currently
registered UCI students • One team member must be a Merage student• Competition managed through www.vator.tv• Team networking primarily through www.vator.tv• Rules and regulations at: merage.uci.edu/go/bpc• Competition flyer and wallet calendar available
2011 Merage SchoolBusiness Plan Competition
Judging Criteria• 40% - Quality of business plan
• Executive Summary & Company Overview • Products or Services • Market Need • Market Potential for Your Product or Service • Competitive Advantage • Management • Financial Forecasts
• 40% - Impact of Presentation• Provide evidence of a market• Provide evidence of ability to execute• Provide evidence of a return on investment
• 20% - Judges’ assessment of idea potential
2011 Merage SchoolBusiness Plan Competition
2010 Business Plan Competition Awards
Overall Competition Awards:$15,000 First Place Award
$7,500 Second Place Award
$2,500 Third Place Award
$2,750 Calit2 TechPortal Award
$2,000 Prosperitas Ideas to Action Award
Undergraduate Division Awards:$2,500 Cash First Place Award
$1,500 Cash Second Place Award
$1,000 Cash Third Place Award
Best Undergraduate Concept Paper
Vator.tv People’s Choice Poll:$1,500 People’s Choice Award
2011 Merage SchoolBusiness Plan Competition
Marshel SheperdHelios Optics Solutions
1st Place, Overall Competition
Team MembersKaveh AzartashPeter LiRyan SetzerMarshel SheperdGoran Matijasevic, Coach
2011 Merage SchoolBusiness Plan Competition
How Does It Work?
Register Team on Vator.tv By January 7
Upload Concept Paper to Vator.tv by February 7
Semi-Finalists Selected and Coach Assigned
February 24
Present Business PlanOn May 20
Winners Announced May 20
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2 3
5
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Attend Workshops
Upload finished Business Plan to Vator.tv by April 18
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2011 Merage SchoolBusiness Plan Competition
Steve YuBusiness Plan Competition Program Manager
Don Beall Center
2011 Merage SchoolBusiness Plan Competition
Register on Vator.tv
2011 Merage SchoolBusiness Plan Competition
Register on Vator.tv
1. Fill out Information 2. Confirm by E-Mail
2011 Merage SchoolBusiness Plan Competition
Register Your Team
2011 Merage SchoolBusiness Plan Competition
Create Your Team
1. Click Create Company Profile 2. Start your Startup Company
3. Fill out Info
2011 Merage SchoolBusiness Plan Competition
Add Team Members
Click Add Profile Admin
Enter Team Member E-Mails
2011 Merage SchoolBusiness Plan Competition
Looking for a Team?
2011 Merage SchoolBusiness Plan Competition
Accessing the Discussion Wall
2011 Merage SchoolBusiness Plan Competition
Start a Conversation
Click Start a Conversation
Enter Your Message!
2011 Merage SchoolBusiness Plan Competition
Upload Files
Upload a Video or File
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2011 Merage SchoolBusiness Plan Competition
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2011 Merage SchoolBusiness Plan Competition
• Registration Deadline Jan 7• Workshops and Presentations
‒ Assessing the Market Jan 12‒ How to Develop a Winning Concept and
Lead Your Team to Success Jan 26• Deadline Concept Papers Due Feb 7
Concept Paper Phase Key Dates:
2011 Merage SchoolBusiness Plan Competition
• Up to 20 Finalist teams Chosen Feb 24– Matched with coach/mentors
• Additional Workshops and Presentations
-How to Write a Business Plan Mar 2
-Presentation Skills for Pitching Investors Apr 20• Business Plans Due Apr 18• Elevator Pitch Video Taping May 3• Final Presentations and Awards May 20
Business Plan Phase Key Dates:
2011 Merage SchoolBusiness Plan Competition
Matt BaldySkyeRite
2nd Place, Overall Competition
Team MembersMatt T. BaldyMatt LawYves PitteloudJean ShahdadpuriChristy WhiteSam Wu, Coach
2011 Merage SchoolBusiness Plan Competition
Prosperitas Ideas to Action Award• Prosperitas -- the latin term for "hope" and "success" • A unique community on campus where successful innovators
and leaders meet to ignite ideas, create connections, and raise awareness
• 1 team chosen for the $2,000 Ideas to Action Award• Team not only has a great idea but has a great actionable plan
New This Year!!
2011 Merage SchoolBusiness Plan Competition
Calit2 TechPortal Award
• TechPortal, a business technology incubator in the Calit2 Building
• Serves as a gateway to commercial viability for UCI-based startup
• Offers affordable space, access to facilities and services, and mentoring
• Calit2 TechPortal Award goes to the BPC first place winner• 6 months free tenancy worth $2,750
New This Year!!
2011 Merage SchoolBusiness Plan Competition
Manas BhatnStem
Tech Coast Angels Invitational Wildcard Winner
Team Members:
Adam DaoManas BhatDr. Yen Peng KongDr. Chee (Duncan) LiewKevin ZanjaniCraig Jack, Coach
2011 Merage SchoolBusiness Plan Competition
Vator.tv People’s Choice Poll
• $1,500 Award to 1st Place Team
• Each semi-finalist team submits a 30 second “elevator pitch” and 150 word summary
• Another great way to promote your team
2011 Merage SchoolBusiness Plan Competition
Summary• Unique opportunity to learn about starting a
business
• Over $36,000 in cash prizes
• New this year: Prosperitas Ideas to Action and Calit2 TechPortal awards
• Register at www.vator.tv January 7, 2011
• Concept Papers Due February 7, 2011
• 4 Workshops in start-up skills
• Final Presentations and Awards on May 20, 2011
2011 Merage SchoolBusiness Plan Competition
Where to Get Information
Find rules and regulations at: merage.uci.edu/go/bpc
Charlie Baecker, Administrative Director
Don Beall Center for Innovation & Entrepreneurship
949-824-1172
Steven Yu
Manager, Business Plan Competition
(626)524-6504
Q&A
2011 Merage SchoolBusiness Plan Competition
Nupur JainMerage Entrepreneur’s Association
2011 Merage SchoolBusiness Plan Competition
Team Networking
For Teams Looking for Talent1. Form line up front, describe your team in 30 seconds
2. Meet in one of the four corners to talk
For Talent Looking for TeamsListen to the team presentations
1. Meet in one of the four corners to talk