2011 Merage School Business Plan Competition 2011 Competition Kick-off November 16.

2011 Merage SchoolBusiness Plan Competition

2011 Competition Kick-off

November 16


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


Thank you to our partners:


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


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


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


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


Marshel SheperdHelios Optics Solutions

1st Place, Overall Competition

Team MembersKaveh AzartashPeter LiRyan SetzerMarshel SheperdGoran Matijasevic, Coach


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

1

2 3

5

47

Attend Workshops

Upload finished Business Plan to Vator.tv by April 18

6


Steve YuBusiness Plan Competition Program Manager

Don Beall Center


Register on Vator.tv


Register on Vator.tv

1. Fill out Information 2. Confirm by E-Mail


Register Your Team


Create Your Team

1. Click Create Company Profile 2. Start your Startup Company

3. Fill out Info


Add Team Members

Click Add Profile Admin

Enter Team Member E-Mails


Looking for a Team?


Accessing the Discussion Wall


Start a Conversation

Click Start a Conversation

Enter Your Message!


Upload Files

Upload a Video or File

Upload Content


Upload Files cont.

Browse to the File

Files Appear Here!


• 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:


• 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:


Matt BaldySkyeRite

2nd Place, Overall Competition

Team MembersMatt T. BaldyMatt LawYves PitteloudJean ShahdadpuriChristy WhiteSam Wu, Coach


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!!


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!!


Manas BhatnStem

Tech Coast Angels Invitational Wildcard Winner

Team Members:

Adam DaoManas BhatDr. Yen Peng KongDr. Chee (Duncan) LiewKevin ZanjaniCraig Jack, Coach


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


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


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

[email protected]

Steven Yu

Manager, Business Plan Competition

(626)524-6504

[email protected]

Q&A


Nupur JainMerage Entrepreneur’s Association


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

2011 Merage School Business Plan Competition 2011 Competition Kick-off November 16.

Documents

Transcript of 2011 Merage School Business Plan Competition 2011 Competition Kick-off November 16.