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UNC’s Premiere Entrepreneurship Competition

UNC’s Premiere Entrepreneurship Competition. What is the Carolina Challenge?. www.carolinachallenge.org/videos.html. Carolina Challenge. $15,000. Public Health PhD student Alice Wang with MBA 2 nd -year Alan Lefebvre on Aquagenx holding winning check. . 400 Total Participants.

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UNC’s Premiere Entrepreneurship Competition

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  1. UNC’s Premiere Entrepreneurship Competition

  2. What is the Carolina Challenge? www.carolinachallenge.org/videos.html

  3. Carolina Challenge $15,000 Public Health PhD student Alice Wang with MBA 2nd-year Alan Lefebvre on Aquagenxholding winning check. 400 Total Participants • 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 258 Competitors Including 79 Current MBAs or BSBAs 142 Judges237 total judge slots $50,000 new venture competition for UNC students, staff, faculty, and alumni. Alumni33 Current Entrepreneurs Undergrad (non-BSBA) 73 Non-UNC Teammates 26 Faculty/Staff15 MBA Students 31 Undergrad (BSBA) 48 Grad Students (non-MBA) 31 13 Events Bus. Plan Workshop Pitch Prep Session Elevator Prep Semifinals Prep Info Session Jan. Apr. Mar. Nov. Dec. Oct. Sept. Feb. FINALS (4 teams) Track Finals (16 teams) Idea Hatch (43 participants) Elevator Pitch Round (68 teams) Pitch Party(48 teams) Semifinals (32 teams)

  4. Pitch Party One night of super-networking for UNC community: students, faculty, staff and alumni. 200 Total Participants BSBA Will Clayton Pitches at the 1st Annual Pitch Party to win 2nd Place. 140 Competitors on 48 Teams Including 20 Current MBAS or BSBAs 64 Judges Including 26 Current Entrepreneurs Faculty/Staff4% MBA Students 19% Undergrad (non-BSBA) 23% Grad Students (non-MBA) 30% Undergrad (BSBA) 24%

  5. 20 Startups Launching 2011-12 Academic Year 10 include Kenan-Flagler MBAs Wireless Nurse Call Waitlist Platform Portable Glucose Find Garden Experts Mobile Water Quality Luxury Footwear Gift Search Engine Analytics for fitness and health HeroMe Customized Superheroes RAD Kitchen Investing in the Community Health Monitoring Real and Delicious Food Odorless Portable Toilets B2B Video Pinterest for Teachers Interactive, Fun Healthiness STENCIL Students and Teachers Employing New Criteria in Learning Craft a better world Helping Fashion Entrepreneurs

  6. 2012 Schedule: First Semester 1 2 3 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) 1 2 4 3 4

  7. 2013 Schedule: Second Semester 1 2 3 3 5 4 6 1 Feb. 3: Application Deadline Feb. 12: “Perfecting your Pitch + Judge Panel Feb. 19 & 21: Elevator Pitch Round Feb. 26: “Writing Your Business Plan” Mar. 19-20: Semifinals Round Mar. 27: Track Finals Apr. 4: Final Four 7 2 3 4 6 5 7

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

  9. Final Four 1stPlace: $15,000 2ndPlace: $10,000 3rdPlace: $5,000 Faculty/Staff Alum Showcase $5,000 10 Minute Pitch 5 Minute Q&A April 4 Location TBD 1 Track Winner per track Track Finals Team 1 Team 2 Team 3 Team 4 March 27 5:30-8:00 p.m. Business Plan 10 Minute Pitch 5Minute Q&A 4 Teams Advance per track Semi-Finals Team 1 Team 3 Team 5 Team 7 Team 2 Team 4 Team 6 Team 8 Business Plan 8 Minute Pitch 3 Minute Q&A March 19-20 5:30-8:00 p.m. Room B Room A 8 Teams Advance per track 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. Online Submission 6 Minute Pitch 3 Minute Q&A Room A Room B Room C

  10. Questions? www.carolinachallenge.org Wilson Orr, CEO Wilson_Orr@unc.edu Robert Jones, President Robert_Jones@unc.edu

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