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

2. 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

3. 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

4. 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 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

5. 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

6. 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

7. 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 -- management/about/student-life/kravis-competition/
Shortened Version --
Mary Jo Carzoo -
Kravis Concept plan competition| the drucker school of management