Kravis Concept Plan Competition 2018 Information Session Kravis concept plan competition| Claremont Graduate University

Kravis Concept Plan Competition Background & History Genesis: Henry Kravis believed that universities should provide support to students with a strong professional interest in entrepreneurship. The Kravis Concept Plan competition was created with the stated goal of providing a small amount of seed money to assist those students who demonstrated a real promise as entrepreneurs. Funding: In 1990 Mr. Kravis established an endowment fund at CGU with the expressed desire that a portion of the annual earnings of the fund be used as prize money for the concept plan competition. The prize money available each year is depends on the annual performance of the endowment fund. Kravis Concept plan competition| the drucker school of management

Kravis Concept Plan Competition Participation & Past Winners Any student or alumni from any of the Claremont Colleges 2017 Winner MagStrong – KGI Kravis Concept plan competition| the drucker school of management

Kravis Concept Plan Competition The Process The concept plans will be reviewed by two judges. These two judges will pick the top six reports that best meet the criteria outlined in the “Elements of a Concept Plan.” These six teams will be notified they have been selected as finalists. The remaining teams will be informed by email that they did not make the finals. The finalists will present their concept plan to a panel of judges. The panel of judges will consist of a combination of angel investors and successful entrepreneurs. Each team will have fifteen minutes to present their plan. Each presentation will be followed by ten minutes of Q&A. Kravis Concept plan competition| the drucker school of management

Kravis Concept Plan Competition The Process Process (cont.) You must convince the judges that your concept is doable and can ultimately be turned into a viable commercial enterprise. The top four teams will be awarded a monetary prizes totaling $10,000 Kravis Concept plan competition| the drucker school of management

Kravis Concept Plan Competition The Concept Plan Elements of the Concept Plan We do not expect you to be able to answer in great detail each topic included in the outline. We do expect you, however, to convince us that you have given serious thought how you might address each topic if you were to move forward from concept to implementation. For example, since this is a concept plan you are not expected to have completed a thorough market analysis. You should be able to explain how you would go about performing such an analysis. In terms of the financials, you must be able to demonstrate an ability to think through and construct your pro forma financial statements. Kravis Concept plan competition| the drucker school of management

Kravis Concept Plan Competition Important Dates Thursday, March 29 – Deadline: submission of concept plans and waiver of confidentiality forms DUE by 5:00pm Friday, April 6 – Announcement of Finalists (by 5:00pm) Thursday, April 12 – Final Presentation DUE (by 7:00pm) Friday, April 13 – Kravis Concept Plan Competition Presentations & Award Ceremony (3:00pm – 6:00pm) To Register/Obtain Forms visit Full website -- https://www.cgu.edu/school/drucker-school-of- management/about/student-life/kravis-competition/ Shortened Version -- http://bit.ly/2m5HUx0 Email: Mary Jo Carzoo - Maryjo.Carzoo@cgu.edu Kravis Concept plan competition| the drucker school of management