2009 Merage School Business Plan Competition 2009 Competition Kick-off November 19
2009 Merage School Business Plan Competition Overview Welcome and Introductions Business Plan Competition Benefits Introduce Past Winners Prizes and Awards How the Competition Works and Workshop Overview What’s New This Year: YouNoodle.com TCA Seed Financing Invitational & OC Register People’s Choice Poll Next Steps: Registration & Concept Papers Wrapping It All Up / Q&A Networking Session
2009 Merage School Business Plan Competition Leonard Lane Senior Assistant Dean of the Master's Programs Merage School of Business Welcome By
2009 Merage School Business Plan Competition Bruce Feuchter Stradling Yocca Carlson & Rauth Founding Sponsor Welcome By
2009 Merage School Business Plan Competition John Murphy Tech Coast Angels Welcome By
2009 Merage School Business Plan Competition Thank you to our partners
2009 Merage School Business 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 OC Register People’s Choice Poll 4 great skills workshops taught by experts in their fields Team coaches for semi-finalist teams Free license of Business Plan Pro from Palo Alto Software Potentially create your first job out of college Establish a presence through YouNoodle It’s fun Bottom line: It’s about realizing your dreams
2009 Merage School Business Plan Competition Shankara Raghuraman Presto Wireless 1st Place, Overall Competition, $15,000 and Tech Coast Angels Seed Financing Invitational Team Members Matt Knebl -FEMBA Aric Plumley -FEMBA Andrew Monteabaro - FEMBA Anil Sharma - FEMBA Vishal Kanodia - FEMBA Shankara Raghuramna - FEMBA
2009 Merage School Business Plan Competition 2009 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 Specific Prizes: $2,500 Cash First Place Prize $1,500 Cash Second Place Prize $1,000 Cash Third Place Prize Best Undergraduate Concept Paper OC Register People’s Choice Poll: Best Business Idea Award and feature article
2009 Merage School Business Plan Competition How Does It Work? Register Team on YouNoodle.com By January 9 Upload Concept Paper by February 9 Semi-Finalists Selected and Coach Assigned February 18 Present Business Plan On April 30 Winners Announced Attend Workshops Upload finished Business Plan by April 13 6
2009 Merage School Business Plan Competition First, Team Registration on YouNoodle Your Name (team leader) - address -Phone Number -University and School Team Name -Other team information Team Member data Deadline is Jan 9 How Does It Work?
2009 Merage School Business Plan Competition Phase I - Concept Paper: Workshops and Presentations -Assessing the Market Dec 3 -How to Develop a Winning Concept and Lead Your Team to Success Jan 14 Registration Deadline Jan 9 Concept Papers Due Feb 9 How Does It Work?
2009 Merage School Business Plan Competition Phase II - Business Plan: Up to 20 Finalist teams ChosenFeb 18 –Matched with coach/mentors Additional Workshops and Presentations -How to write a Business PlanMar 4 -Presentation Skills for Pitching Investors Apr 8 Business Plans DueApr 13 Elevator Pitch Video TapingApr 14 Final Presentations and AwardsApr 30 How Does It Work?
2009 Merage School Business Plan Competition Rania Nasis Team Wanzo 2st Place, Overall Competition, $7,500 and Tech Coast Angels Seed Financing Invitational Team Members: Mark Merlo - Biomedical Engineering Nick Gunn- Biomedical Engineering Rania Nasis - Merage School of Business Sean McLean- Merage School of Business 2008 Winner
2009 Merage School Business Plan Competition 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 Networking event tonight Competition managed through Register on YouNoodle
2009 Merage School Business Plan Competition What is New with Business Plan Competition this year: YouNoodle
2009 Merage School Business Plan Competition What New with BPC this year: YouNoodle
2009 Merage School Business Plan Competition What New with BPC this year: YouNoodle
2009 Merage School Business Plan Competition What New with BPC this year: YouNoodle
2009 Merage School Business Plan Competition What New with BPC this year: YouNoodle
2009 Merage School Business Plan Competition What New with BPC this year: YouNoodle
2009 Merage School Business Plan Competition What New with BPC this year: YouNoodle
2009 Merage School Business Plan Competition What New with BPC this year: YouNoodle
2009 Merage School Business Plan Competition What New with BPC this year: YouNoodle
2009 Merage School Business Plan Competition Nayana Wagle Adball.com 3rd Place, Overall Competition, $2,500 and Tech Coast Angels Seed Financing Invitational Team Members: Michael Sirivianos - ICS PHD Karim El Defrawy - ICS PHD Minas Gjoka - ICS PHD Karl Ring - FTMBA Nayana Wagle - FTMBA
2009 Merage School Business 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 6 months to prepare to present to Tech Coast Angels After presenting, each team has 6 months to be potentially funded up to $1,000,000 in seed financing
2009 Merage School Business Plan Competition OC Register Peoples Choice Poll Introduced in 2007 Each semi-finalist team submits a 30 second “elevator pitch” and 150 word summary Votes are cast by public for favorite team and factored as “sixth panel” Results revealed on April 16 Pushes ~50,000 page views per day Winning team featured by OC Register
2009 Merage School Business Plan Competition Next Steps Begin forming your team – (networking to follow) Attend Dec. 3 workshop Assessing the Market Team registration by Jan. 9 on YouNoodle Attend Jan 14 workshop on writing the concept paper Executive Summary & Company Overview Market size and growth Ability to sustain competitive advantage Management team Three page maximum
2009 Merage School Business Plan Competition Summary Unique opportunity to learn about starting a business $30,000 in cash prizes Top 5 teams advance to TCA Seed Financing Invitational to be screened for up to $1,000,000 in seed financing Register at January 9, 2009www.younoodle.com Concept Papers Due February 9, Workshops in start-up skills Final Presentations and Awards on April 30, 2009
2009 Merage School Business Plan Competition Where to Get Information Charlie Baecker, Administrative Director Don Beall Center for Innovation & Entrepreneurship Prashant Upase Manager, Business Plan Competition
2009 Merage School Business Plan Competition Team Networking For Teams Looking for Talent 1.Form line up front, describe your team in 30 seconds 2.Meet in one of the four corners to talk For Talent Looking for Teams Listen to the team presentations 1.Meet in one of the four corners to talk