the university of dayton business plan competition n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
The University of Dayton Business Plan Competition PowerPoint Presentation
Download Presentation
The University of Dayton Business Plan Competition

Loading in 2 Seconds...

play fullscreen
1 / 21

The University of Dayton Business Plan Competition - PowerPoint PPT Presentation


  • 150 Views
  • Uploaded on

The University of Dayton Business Plan Competition. A special thanks to our sponsors. UD National Alumni Association. Overview of today’s presentation. What is a Business Plan competition? Elevator Pitch Cameo Round ◄ The new wrinkle! Finalist round

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'The University of Dayton Business Plan Competition' - rasia


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
a special thanks to our sponsors
A special thanks to our sponsors

UD National Alumni Association

overview of today s presentation
Overview of today’s presentation
  • What is a Business Plan competition?
  • Elevator Pitch
  • Cameo Round ◄ The new wrinkle!
  • Finalist round
  • Prize money ◄ $59k this year!
  • Key dates
  • Support
what is a business plan competition
What is a Business Plan Competition?
  • It’s where you investigate an opportunity for starting a new business
    • Markets, costs, competition, benefits
  • You present a 1 minute overview of the opportunity
    • “back of the cocktail napkin”
  • Finalists write up their findings in a commonly used format (the business plan has 11 parts)
ours is a 3 stage competition
Ours is a 3-stage competition
  • Stage 1—Give a one minute speech, write one page of information about your product
    • Judges select ten semi-finalists, and also identify top ten oral presentations
  • Stage 2---The ten semi-finalists write up 2-3 pages and talk for five minutes. Judges select five finalists
  • Stage 3---Five finalists write a full business plan during the winter semester
plus a chance for even more money
Plus a chance for even more money!

The three highest placing finalist teams will be invited to pitch the Connor Foundation Seed Fund for an additional $50k investment!

We also network our finalists to other competitions and potential investors as well

how our competition works
How our competition works—
  • Three stage competition
  • Solo or team effort (teams 1-8 in size)
  • 1st& 2nd stages open to everyone-two entries per person
  • Finalist round must include current UD students or UD Alumni.
what is an elevator pitch
What is an Elevator Pitch?
  • It is a one minute presentation where you
    • Present your idea
    • Cover six general areas

In our elevator pitch, Judges don’t ask you questions—you have one full minute to present.

what are the 6 areas of an elevator pitch
What are the 6 areas of an Elevator Pitch?
  • Introduction
  • Problem Statement
  • Opportunity
  • Resources Required
  • Returns to Investor
  • Tag line and closing
what do the ep judges look for
What do the EP judges look for?
  • Novelty/Cleverness/Usefulness
  • Quality of Benefits provided
  • Competitiveness
  • Growth Potential
  • Ability to Execute
  • Quality of presentation
elevator pitch stage application process
Elevator Pitch Stage:Application process
  • Application:
    • Opens 13 September, 2010
    • Closes 20 October, 2010
  • What we ask you to tell us
    • Demographic information
    • 6 areas of elevator pitch
      • Space limited to roughly one page.
elevator pitch cameo stages key dates
Elevator Pitch & Cameo stages: Key dates
  • September 13th: Online system opens
  • October 20th: Application deadline
  • October 22nd, & 29th: Dress Rehearsals
  • October 30th: Elevator Pitch
  • November 20th: Cameo Round
  • December 3rd : Finalists announced
final plan stage process
Final Plan Stage:Process
  • Finalist teams notified on 3 December, 2010
  • Teams are paired with Mentors.
  • Each team given 15 hours of Mentor time.
  • Coordinator will conduct training sessions for all teams
  • Teams prepare Business Plan, presentation slides during the winter semester
final stage presentation
Final Stage:Presentation
  • Each team given 20 minutes to present, plus ten minutes Q & A time
    • Props, multi-media are acceptable
    • Break after 3rd presentation
  • Order of presentations is random, and announced the day of presentations
  • Full team must be present, but not all team members are required to speak
what do finalist round judges look for
What do finalist round judges look for?
  • Quality of the idea
  • Quality of the written plan
  • Quality of the oral presentation
  • Quality of the financial analysis
  • Quality of the team
why enter a business plan competition
Why enter a business plan competition?
  • Entrepreneurship courses teach three critical items
    • Spotting opportunities
    • Planning to seize those opportunities
    • Executing the plans.
  • Many people have great ideas, but are scared of parts “B” and “C”– our goal is to make those steps easier and simpler.
why is this a good resume line
Why is this a good resume line?
  • It’s a competition, so you outperformed others
  • Spotting opportunities suggests leadership and creativity
  • Good presentations suggest good communications skills
  • Business Plans are “big picture”, they demonstrate how you can see the entire picture
eligibility plan parameters
Eligibility:Plan parameters
  • Work must be original.
    • Plans checked for plagiarism.
  • Start-ups acceptable up to one year old.
  • Non-Profits are acceptable, but judged the same as others.
  • Plans cannot violate Marianist values.
    • E.g. no payday loans, etc.
  • Plans must be legal
    • (e.g. no DVD pirates).
  • Plans cannot have a liquor license.
  • Anyone may enter up to two plans, but can only be a finalist once.
  • Students can’t be serving a university suspension during the competition
support for entrants
Support for entrants
  • Free individual instruction with the BPC Director
  • On-line coaching sessions
  • Optional rehearsals for elevator pitch
  • Coaching sessions for all finalist teams
  • Business mentor assigned to each finalist team
  • Access to market research, planning tools, etc.
what if you don t have an idea yet
What if you don’t have an idea yet?
  • We’ll help you generate many good ideas
  • We’ll help facilitate partnerships with people who do have ideas.
  • We can help you succeed