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2010 Merage SchoolBusiness Plan Competition
Overview• Overview of the Beall Center• Business Plan Competition Benefits• Team Qualification and Judging Criteria• Prizes and Awards• Introduce Past Winners• How the Competition Works and Registration
Process• TCA Seed Financing Invitational & Vator.tv
People’s Choice Poll• Summary• Contact Information / Q&A
2010 Merage SchoolBusiness Plan Competition
Don Beall Center for Innovation and EntrepreneurshipMISSIONThe Center serves as thought leaders in the emerging discipline of innovation science and provides education, inspiration, and opportunity for our students to enhance their ability to successfully transform new ideas into business ventures.
VISIONBe the “Go-to-Guys” in Orange County for technology entrepreneurs looking for ideas, relationships, resources and investment.
2010 Merage SchoolBusiness Plan Competition
UCI UCI TechnologyTechnology
EntrepreneursEntrepreneurs
UCI UCI TechnologyTechnology
EntrepreneursEntrepreneurs
Leveraging California’s Innovation Economy
Business &Business &InvestmentInvestmentCommunityCommunity
Business &Business &InvestmentInvestmentCommunityCommunity
UCI UCI
Merage SchoolMerage School
of Businessof Business
UCI UCI
Merage SchoolMerage School
of Businessof Business
The Don Beall Center for
Innovationand
Entrepreneurship
Global Resources
World Class Intellectual Property
Talent, Insight & Passion
2010 Merage SchoolBusiness Plan Competition
Beall Center Programs
SCORE One-on-OneStudent Advisory Service
Tech Coast Angels Seed Track Invitational
2010 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• $30,000 in cash awards• Become part of our deal flow: TCA, VCPE, OCBIN• Vator.tv People’s Choice Poll• 4 great skills workshops taught by experts in their fields• Team coaches for semi-finalist teams• License of Business Plan Pro to each semi-finalist team• Potentially create your first job out of college• Establish a presence through YouNoodle• It’s fun• Bottom line: It’s about realizing your dreams
2010 Merage SchoolBusiness Plan Competition
• Beckman Laser Institute• California Institute for Telecommunications and
Information Technology (Calit2)• Cancer Research Institute• Center for Embedded
Computer Systems• Center for Hearing Research• Center for Immunology• Center for Neurobiology of Learning and
Memory • Center for Research on Information
Technology and Organization• Developmental Biology Center• Institute for Brain Aging and Dementia• Institute for Genomics and Bioinformatics• Institute for Mathematical Behavioral Sciences • Institute for Software Research • Institute for Surface and Interface Science• Reeve-Irvine Research Center• Tu & Yuen Center for Functional Onco-Imaging
Select UCI Research Units Select UCI Research Facilities• Cancer Genetic Network• Confocal Microscope• FACS-SCAN flow cytometer• General Clinical Research Center• Human Brain Imaging Facility• Infrastructure Array of Enhanced Nodes
Supercomputer• Integrated Nanosystems Research Facility• Materials Characterization Center• Molecular Modeling Facility• Nuclear Magnetic Resonance Facility (NMR)• Proteomic analyses service• Protein Expression Facility• Protein Laser & Mass Spectrometry• Realtime Experimental Audio Lab (REALab)• Single Cell PCR Apparatus• Scanning Electron Microscope
SEM, Ultra FESEM, FESEM/FIB Zeiss Center of Excellence
• Transgenic Mouse Facility• Viral Vector Lab• X-Ray Crystallography
2010 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.younoodle.com• Team networking primarily through YouNoodle• Rules and regulations at: merage.uci.edu/go/bpc• Competition flyer and wallet calendar available
2010 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
2010 Merage SchoolBusiness Plan Competition
2010 Business Plan Competition Prizes and Awards
Overall Competition Prizes:$15,000 First Place Prize and advance to Tech Coast Angels Seed Financing Invitational
$7,500 Second Place Prize and advance to Tech Coast Angels Seed Financing Invitational
$2,500 Third Place Prize and advance to Tech Coast Angels Seed Financing Invitational
2 Wild Card teams advance to Tech Coast Angels Seed Financing Invitational
Best Concept Paper
Undergraduate Division Prizes:$2,500 Cash First Place Prize
$1,500 Cash Second Place Prize
$1,000 Cash Third Place Prize
Best Undergraduate Concept Paper
Vator.tv People’s Choice Poll:$1,500 People’s Choice Award
2010 Merage SchoolBusiness Plan Competition
How Does It Work?
Register Team on YouNoodle.com
By January 8(~90 Teams)
Upload Concept Paper to YouNoodle by
February 8(~50 Teams)
Semi-Finalists Selected and Coach Assigned
March 1(20 Teams)
Present Business PlanOn May 21
Winners Announced
1
2 3
5
47
Attend Workshops
Upload finished Business Plan to YouNoodle by April 19
6
2010 Merage SchoolBusiness Plan Competition
How Does It Work?
Register Team on YouNoodle.com
By January 8(~90 Teams)
Upload Concept Paper to YouNoodle by
February 8(~50 Teams)
Semi-Finalists Selected and Coach Assigned
March 1(20 Teams)
Present Business PlanOn May 21
Winners Announced
1
2 3
5
47
Attend Workshops
Upload finished Business Plan to YouNoodle by April 19
6
2010 Merage SchoolBusiness Plan Competition
• Registration Deadline Jan 8• Workshops and Presentations
‒ Assessing the Market Jan 13‒ How to Develop a Winning Concept and
Lead Your Team to Success Jan 27• Deadline Concept Papers Due Feb 8
Concept Paper Phase Key Dates:
2010 Merage SchoolBusiness Plan Competition
• Up to 20 Finalist teams Chosen Mar 1– Matched with coach/mentors
• Additional Workshops and Presentations
-How to Write a Business Plan Mar 2
-Presentation Skills for Pitching Investors Apr 21• Business Plans Due Apr 19• Elevator Pitch Video Taping May 4• Final Presentations and Awards May 21
Business Plan Phase Key Dates:
2010 Merage SchoolBusiness Plan Competition
Tech Coast Angels Seed Financing Invitational• Tech Coast Angels is the largest seed financing organization in
the US
• 3 top teams invited to TCASFI automatically• 2 wild card teams invited to TCASFI as chosen by Angel judges• Invited teams are assigned an Angel coach• Each team has 12 months to prepare to present to Tech Coast
Angels• Potential funding through staged financing
2010 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
• Results revealed on May 21
• Another great way to promote your team
2010 Merage SchoolBusiness Plan Competition
Summary• Unique opportunity to learn about starting a
business
• Over $30,000 in cash prizes
• Top 5 teams advance to TCA Invitational
• Register at www.younoodle.com January 8, 2009
• Concept Papers Due February 8, 2009
• 4 Workshops in start-up skills
• Final Presentations and Awards on May 21, 2009
2010 Merage SchoolBusiness Plan Competition
Next Steps
• Join YouNoodle, begin forming your team
• Complete team registration by Jan. 8 on YouNoodle
• Attend Jan. 13 workshop Assessing the Market
• Attend Jan 27 workshop on writing the concept paper
• Executive Summary & Company Overview
• Market size and growth
• Ability to sustain competitive advantage
• Management team
• Three page maximum
2010 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
Collin Paul
Manager, Business Plan Competition
949-903-5575
www.merage.uci.com
Q&A