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Sait.ca LAUNCH Business Plan Competition. ISPF 100+ Programs LAUNCH StudentsIndustryGrads The Innovation and Entrepreneurship Ecosystem at SAIT.

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Presentation on theme: "Sait.ca LAUNCH Business Plan Competition. ISPF 100+ Programs LAUNCH StudentsIndustryGrads The Innovation and Entrepreneurship Ecosystem at SAIT."— Presentation transcript:

1 sait.ca LAUNCH Business Plan Competition

2 ISPF 100+ Programs LAUNCH StudentsIndustryGrads The Innovation and Entrepreneurship Ecosystem at SAIT

3 What is LAUNCH? LAUNCH is a business plan competition offering entrepreneurial support, mentorship and funding to a number of young entrepreneurs who aspire to build innovative technology, science or knowledge-based companies in the Calgary region.

4 Target Audience: Current SAIT students 1 st year SAIT alumni. Delivery Method: Seminars Mentors Competition. Established: 2009-2010 Currently in 2nd year Timeline: November - June Established: 2009-2010 Currently in 2nd year More About LAUNCH? Participation: 75 attendees 9 Concept Papers 6 Business Plans.

5 LAUNCH Process and Timeline ActivityDates LAUNCH Kick-off EventNov. 16, 2010 Attend LAUNCH SeminarsDec. 2010 – May 2011 Submit Registration FormBy Jan. 17, 2011 Connect with MentorsNov. 2010 – May 2011 Submit Concept PaperFeb. 11, 2011 Feedback from Screening PanelFeb. 25, 2011 Submit Business PlanMay 30, 2011 LAUNCH Dragons’ DenJun. 13, 2011 LAUNCH Gala – Award CeremonyJun. 23, 2011

6 Program Finances LAUNCH is free for current SAIT students and first year alumni This is made possible by the generous support of the program sponsors:

7 Screening & Judging Criteria Competitive Advantage Profit potential Technical viabilityMarketability Likelihood of success Technology, science or knowledge based Innovative idea Management strengths Potential Economic Impact

8 Success Stories David Milan, 2009 graduate of Film and Video Production …. Petrol Films Two other participants are in the process of actioning their business plans developed in LAUNCH Britton Leddingham & Joel Kelley. 2010 graduate from Photo Journalism… iEvolve Travis Cullen, 2010 graduate from Electrical Engineering Technology …. Tesla Manufacturing

9 Performance Metrics Short Term 1.Number of students participating 2.Business start-ups 3.Success stories one year after LAUNCH Long Term 1.ISPF to LAUNCH 2.LAUNCH to ISPF

10 Partnership With CYBF LAUNCH has partnered with CYBF to allow participants to fast track into the CYBF loan review process Participants are eligible to apply for up to $30,000 in loan financing from CYBF

11 Find out more Joe Petermann Coordinator, Student Initiatives Applied Research and Innovation Services SAIT Polytechnic Room MD115 Tel.403.284.7251 Fax.403.774.4608 joe.petermann@sait.ca SAITLAUNCH.ca


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