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CAROLINA CHALLENGE? WHAT IS THE CAROLINA CHALLENGE?

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Presentation on theme: "CAROLINA CHALLENGE? WHAT IS THE CAROLINA CHALLENGE?"— Presentation transcript:

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2 CAROLINA CHALLENGE? WHAT IS THE CAROLINA CHALLENGE?

3 Center for Entrepreneurial Studies $50,000 new venture competition for UNC students, staff, faculty, and alumni. 258 Competitors Including 79 Current MBAs or BSBAs 142 Judges 142 Judges 237 total judge slots Public Health PhD student Alice Wang with MBA 2 nd -year Alan Lefebvre on Aquagenx holding winning check. Current Entrepreneurs MBA Students 31 Grad Students (non-MBA) 31 Alumni 33 Undergrad(non-BSBA)73 Faculty/Staff 15 Undergrad(BSBA)48 Non-UNCTeammates26 Sept.Oct. Nov. Dec. Jan. Feb. Mar. Apr. Idea Hatch (43 participants) Pitch Party (48 teams) Elevator Pitch Round (68 teams) Semifinals (32 teams) Track Finals (16 teams) FINALS (4 teams) Info Session Pitch Prep SessionElevator Prep Bus. Plan Workshop Semifinals Prep Departments Represented Biology Biomedical Engineering Biostatistics Business Chemistry Communication Studies Computer Science Economics Environmental Sciences and Engineering Exercise and Sport Science Genetics Global Studies Health Policy & Management History Information and Library Science International Studies Journalism Law school Medicine Neurology Nutrition Pharmacy Philosophy Physics and Astronomy Psychiatry Psychology Public Health Sociology 13 Events $15,000 Carolina Challenge

4 Center for Entrepreneurial Studies 140 Competitors on 48 Teams Including 20 Current MBAS or BSBAs BSBA Will Clayton Pitches at the 1 st Annual Pitch Party to win 2 nd Place. Undergrad(BSBA)24% Undergrad(non-BSBA)23% Grad Students (non-MBA) 30% MBA Students 19% Faculty/ Staff 4% One night of super-networking for UNC community: students, faculty, staff and alumni. 64 Judges Including 26 Current Entrepreneurs Pitch Party

5 Center for Entrepreneurial Studies Mobile Water Quality Portable Glucose Gift Search Engine 20 Startups Launching Waitlist Platform Wireless Nurse Call Health Monitoring B2B Video Analytics for fitness and health Craft a better world Interactive, Fun Healthiness Pinterest for Teachers Find Garden Experts Helping Fashion Entrepreneurs HeroMe Customized Superheroes Investing in the Community STENCIL Students and Teachers Employing New Criteria in Learning Odorless Portable Toilets 10 include Kenan-Flagler MBAs Luxury Footwear Real and Delicious Food Academic Year

6 2012 SCHEDULE: FIRST SEMESTER Today: Info Session (Student Union) Sep. 18: Info Session (McColl Hall) Oct. 24: Idea Hatch (McColl Hall) Nov. 15: Pitch Party (Top of the Hill)

7 2013 SCHEDULE: SECOND SEMESTER Feb. 3: Application Deadline Feb. 12: Perfecting your Pitch + Judge Panel Feb. 19 & 21: Elevator Pitch Round Feb. 26: Writing Your Business Plan Mar : Semifinals Round Mar. 27: Track Finals Apr. 4: Final Four

8 TRACKS Low-Tech / Traditional High – Tech Social / Sustainability Faculty / Staff / Alumni For-profit ventures driven by traditional business models Characterized by innovative technologies Concerned with social return on investment Team composed more than 50% faculty, staff, or alumni

9 Pitch Round Team 1 Team 2 Team 3 Team 4 Team 5 Team 6 Taem 7 Team 8 Team 9 Team 10 Team 11 Team 12 Team 13 Team 14 Team 15 Team 16 Team 17 Team 18 February 19 & 21 5:30-8:30 p.m. Room A Room BRoom C Team 1Team 2 Team 3Team 4 Track Finals March 27 5:30-8:00 p.m. 1 st Place: $15,000 2 nd Place: $10,000 3 rd Place: $5,000 Final Four April 4 Location TBD Team 1 Team 3 Team 5 Team 7 Team 2 Team 4 Team 6 Team 8 Semi-Finals March :30-8:00 p.m. Room A Room B 1 Track Winner per track 4 Teams Advance per track Business Plan 10 Minute Pitch 5 Minute Q&A Online Submission 6 Minute Pitch 3 Minute Q&A 10 Minute Pitch 5 Minute Q&A Business Plan 8 Minute Pitch 3 Minute Q&A 8 Teams Advance per track Faculty/Staff Alum Showcase $5,000

10 QUESTIONS ? Wilson Orr, CEO Robert Jones, President


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