2009 Merage School Business Plan Competition 2009 Competition Kick-off November 19

2009 Merage SchoolBusiness Plan Competition

2009 Competition Kick-off

November 19


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


Leonard LaneSenior Assistant Dean of the Master's Programs

Merage School of Business

Welcome By


Bruce FeuchterStradling Yocca Carlson & Rauth

Founding Sponsor

Welcome By


John MurphyTech Coast Angels

Welcome By


Thank you to our partners


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


Shankara Raghuraman

Presto Wireless1st Place, Overall Competition, $15,000 and Tech

Coast Angels Seed Financing Invitational

Team MembersMatt Knebl - FEMBAAric Plumley - FEMBAAndrew Monteabaro - FEMBAAnil Sharma - FEMBAVishal Kanodia - FEMBAShankara Raghuramna - FEMBA


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


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 PlanOn April 30

Winners Announced

1

2 3

5

47

Attend Workshops

Upload finished Business Plan by April 13

6


First, Team Registration on YouNoodle• Your Name (team leader)

-E-mail address

-Phone Number

-University and School• Team Name

-Other team information• Team Member data• Deadline is Jan 9

How Does It Work?


Phase I - Concept Paper:

• Workshops and Presentations

-Assessing the Market Dec 3-How to Develop a Winning Concept and Lead Your

Team to SuccessJan 14

• Registration Deadline Jan 9

• Concept Papers Due Feb 9

How Does It Work?


Phase II - Business Plan:

• Up to 20 Finalist teams Chosen Feb 18– Matched with coach/mentors

• Additional Workshops and Presentations

-How to write a Business Plan Mar 4

-Presentation Skills for Pitching Investors Apr 8• Business Plans Due Apr 13• Elevator Pitch Video Taping Apr 14

• Final Presentations and Awards Apr 30

How Does It Work?


Rania NasisTeam Wanzo

2st Place, Overall Competition, $7,500 and Tech Coast Angels Seed Financing Invitational

Team Members:Mark Merlo - Biomedical EngineeringNick Gunn - Biomedical EngineeringRania Nasis - Merage School of BusinessSean McLean - Merage School of Business

2008 Winner


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 www.younoodle.com• Register on YouNoodle


What is New with Business Plan Competition this year: YouNoodle


What New with BPC this year: YouNoodle
















Nayana Wagle

Adball.com3rd Place, Overall Competition, $2,500 and Tech

Coast Angels Seed Financing Invitational

Team Members:Michael Sirivianos - ICS PHDKarim El Defrawy - ICS PHDMinas Gjoka - ICS PHDKarl Ring - FTMBANayana Wagle - FTMBA


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


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


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


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 www.younoodle.com January 9, 2009

• Concept Papers Due February 9, 2009

• 4 Workshops in start-up skills

• Final Presentations and Awards on April 30, 2009


Where to Get Information

Charlie Baecker, Administrative Director

Don Beall Center for Innovation & Entrepreneurship

949-824-1172

[email protected]

Prashant Upase

Manager, Business Plan Competition

949-241-0240

[email protected]

www.merage.uci.com


Team Networking

For Teams Looking for Talent1. Form line up front, describe your team in 30 seconds

2. Meet in one of the four corners to talk

For Talent Looking for TeamsListen to the team presentations

1. Meet in one of the four corners to talk

Documents

2009 Merage School Business Plan Competition 2009 Competition Kick-off November 19