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CAROLINA CHALLENGE? WHAT IS THE CAROLINA CHALLENGE?
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Transcript of CAROLINA CHALLENGE? WHAT IS THE CAROLINA CHALLENGE?
U N C ’ S P R E M I E R E
E N T R E P R E N E U R S H I P C O M P E T I T I O N
WHAT
IS T
HE
CAROLINA
CHALLENGE?
www.carolinachallenge.org/videos.html
Center for Entrepreneurial Studies
Alum
ni (57)
Facu
lty/S
taff (1
7)
Indust
ry P
rofe
ssional
s (6
8)
27 15
52
30
2
16
To
tal I
nd
ivid
ua
ls (
14
1)
$50,000 new venture competition for UNC students, staff, faculty, and alumni.
258 CompetitorsIncluding 79 Current MBAs or
BSBAs 142 Judges237 total judge slots
Public Health PhD student Alice Wang with MBA 2nd-year Alan
Lefebvre on Aquagenx holding winning check.
Current Entrepreneurs
400 TOTAL PARTICIPANTS
MBA Studen
ts31
GradStudents (non-MBA)
31
Alumni33
Undergrad(non-BSBA)
73
Faculty/Staff15
Undergrad(BSBA)
48
Non-UNCTeammates
26
Sept.
Oct. Nov. Dec.
Jan. Feb.
Mar.
Apr.
Idea Hatch(43
participants)
Pitch Party(48
teams)
Elevator PitchRound (68
teams)
Semifinals(32
teams)
Track Finals(16 teams)
FINALS(4
teams)
Info Session
Pitch Prep Session
Elevator Prep
Bus. Plan
Workshop
Semifinals Prep
Departments Represented• Biology• Biomedical Engineering• Biostatistics• Business• Chemistry• Communication Studies• Computer Science• Economics• Environmental Sciences and
Engineering• Exercise and Sport Science • Genetics• Global Studies• Health Policy & Management• History• Information and Library
Science• International Studies• Journalism• Law school• Medicine• Neurology• Nutrition• Pharmacy• Philosophy• Physics and Astronomy• Psychiatry• Psychology• Public Health• Sociology
13 Events
$15,000
Carolina Challenge
Center for Entrepreneurial Studies
140 Competitors on 48 Teams
Including 20 Current MBAS or BSBAs
BSBA Will Clayton Pitches at the 1st Annual Pitch Party to win 2nd
Place.
Alum
ni (28)
Indust
ry P
rofe
ssional
s (2
5)
Facu
lty/S
taff (1
1)
820
10
205
1
Tota
l In
div
idu
als
(6
4)
Current En-trepreneurs
Undergrad(BSBA)
24%
Undergrad(non-BSBA)
23%
GradStudents (non-MBA)
30%
MBA Students
19%
Faculty/
Staff4%
One night of super-networking for UNC community: students, faculty, staff and alumni.
64 JudgesIncluding 26 Current Entrepreneurs
200 TOTAL PARTICIPANTS
Pitch Party
Center for Entrepreneurial Studies
Mobile Water Quality
Portable Glucose
Gift Search Engine
20 Startups Launching
Waitlist Platform
Wireless Nurse Call
Health Monitoring
B2B Video
Analytics for fitness and health
Craft a better world
Interactive, Fun Healthiness
Pinterest for Teachers
Find Garden Experts
Helping Fashion Entrepreneurs
HeroMe Customized Superheroes
Investing in the Community
S T E N C ILStudents and Teachers Employing
New Criteria in Learning
Odorless Portable Toilets
10 include Kenan-Flagler MBAs
Luxury Footwear
Real and Delicious Food
RAD Kitchen
2011-12 Academic Year
2012 SCHEDULE: FIRST SEMESTER
12 3
4
Today: Info Session (Student Union)
Sep. 18: Info Session (McColl Hall)
Oct. 24: Idea Hatch (McColl Hall)
Nov. 15: Pitch Party (Top of the Hill)
1234
2013 SCHEDULE: SECOND SEMESTER
1
45
6
7
23
Feb. 3: Application Deadline
Feb. 12: “Perfecting your Pitch + Judge Panel
Feb. 19 & 21: Elevator Pitch Round
Feb. 26: “Writing Your Business Plan”
Mar. 19-20: Semifinals Round
Mar. 27: Track Finals
Apr. 4: Final Four
1234567
3
TRACKS
Low-Tech / Traditional
High – Tech
Social / Sustainability
Faculty / Staff / Alumni
For-profit ventures driven by traditional
business models
Characterized by innovative
technologies
Concerned with social return on investment
Team composed more than 50% faculty, staff, or alumni
Pitch Round
Team 1Team 2Team 3Team 4Team 5Team 6
Taem 7Team 8Team 9
Team 10Team 11Team 12
Team 13Team 14 Team 15Team 16Team 17Team 18
February 19 & 215:30-8:30 p.m.
Room
A
Room
B
Room
C
Team 1 Team 2Team 3 Team 4
Track FinalsMarch 275:30-8:00 p.m.
1st Place: $15,000 2nd Place: $10,0003rd Place: $5,000
Final FourApril 4Location TBD
Team 1Team 3Team 5Team 7
Team 2Team 4Team 6Team 8
Semi-FinalsMarch 19-205:30-8:00 p.m.
Room
A
Room
B
1 Track
Winnerper
track
4 Teams
Advanceper
track
Business Plan10 Minute Pitch5 Minute Q&A
Online Submission
6 Minute Pitch3 Minute Q&A
10 Minute Pitch5 Minute Q&A
Business Plan8 Minute Pitch3 Minute Q&A
8 Teams
Advanceper
track
Faculty/StaffAlum Showcase
$5,000
QUESTIONS?
www.carolinachallenge.org
Wilson Orr, CEO
Robert Jones, President