27
2010 Merage School Business Plan Competition 2010 Competition Kick-Off November 17, 2009

2010 Merage School Business Plan Competition 2010 Competition Kick-Off November 17, 2009

  • View
    215

  • Download
    0

Embed Size (px)

Citation preview

2010 Merage SchoolBusiness Plan Competition

2010 Competition Kick-OffNovember 17, 2009

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

Thank you to our partners

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

First, Go to YouNoodle.com and Join

2010 Merage SchoolBusiness Plan Competition

Second, Use Search Feature to Find “2010 Merage”

2010 Merage SchoolBusiness Plan Competition

Third, Join the 2010 Competition Group

2010 Merage SchoolBusiness Plan Competition

Fourth, Submit an Entry

2010 Merage SchoolBusiness Plan Competition

2010 Merage SchoolBusiness Plan Competition

2010 Merage SchoolBusiness Plan Competition

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

[email protected]

Collin Paul

Manager, Business Plan Competition

949-903-5575

[email protected]

www.merage.uci.com

Q&A