2009 Merage School Business Plan Competition INFORMATION SESSION.

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Presentation transcript:

2009 Merage School Business Plan Competition INFORMATION SESSION

2009 Merage School Business Plan Competition Overview Introducing the Beall Center for Innovation & Entrepreneurship Introducing the Merage School Business Plan Competition Benefits of Participation How it Works Using YouNoodle Key Dates

2009 Merage School Business Plan Competition MISSION The Center provides programs, resources and relationships for the UC Irvine entrepreneurial community to enhance their ability to successfully transfer new ideas into business ventures. VISION Provide global thought leadership in the science of innovation and the art of entrepreneurship. DON BEALL CENTER FOR INNOVATION & ENTREPRENEURSHIP

2009 Merage School Business Plan Competition UCITechnologyEntrepreneursUCITechnologyEntrepreneurs LEVERAGING OUR COMPETITIVE ADVANTAGE Business & InvestmentCommunity InvestmentCommunity UCI Merage School of Business UCI Merage School of Business The Don Beall Center for Innovation and Entrepreneurship Global Resources World Class Technology Talent, Insight & Passion

2009 Merage School Business Plan Competition Beall Center Programs SCORE One-on-One Student Advisory Service

2009 Merage School Business Plan Competition Introducing the Merage School Business Plan Competition Eleventh year running Provides deal flow to –Tech Coast Angels, Orange County –Venture Capital~Private Equity Roundtable, Palo Alto Open to all UCI students, researchers and faculty Each team must have at least 3 members Each team must have at least 2 full time, currently registered UCI students, one must be a Merage student

2009 Merage School Business Plan Competition Benefits of Participation Key skill to have whatever one does in life Develop team leadership and business creation skills Consummate networking opportunity: meet investors $30,000 in cash awards Free download of Business Plan Pro by Palo Alto Software 4 great skills workshops taught by experts in their fields Potentially create first job out of college Semi-Finalists post elevator pitch at OC Register.com Bottom line: It’s about realizing dreams

2009 Merage School Business Plan Competition 2009 Awards and Prizes 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

2009 Merage School Business Plan Competition How Does It Work? Register at merage.uci.edu By January 9 Turn-in Concept Paper by February 9 Semi-Finalists Selected and Coach Assigned February 18 Present Business Plan On April 30 Winners Announced Attend Workshops Turn-in finished Business Plan by April 13 6

2009 Merage School Business Plan Competition 1.Join Merage BPC Group on YouNoodle ( 2.Register team 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 Registration for the Business Plan Competition through YouNoodle

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 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 Competition managed through

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 Key Dates Team Registration Deadline: January 9, 2009 Concept Papers Due: February 9 Final Judging: April 30, 2009

2009 Merage School Business Plan Competition Where to Get Information Charlie Baecker, Director Don Beall Center for Innovation & Entrepreneurship The Paul Merage School of Business Merage.uci.edu