2010 Competition
The University of Cincinnati Center for
Entrepreneurship Education & Research is pleased to present the 2010 UC Spirit of Enterprise MBA Business Plan Competition. The
University of Cincinnati and community were proud hosts of this
exciting invitational forum for the next generation of entrepreneurs to
"road test" their new venture concepts here in Cincinnati. The
competition will be February 25 and 26, 2010.
For
Current Information, Important Forms, Deadlines, and more please
visit our new website
2010 Spirit of Enterprise Graduate Business Plan Competition Click
Here
Overview and History
The UC
Spirit of Enterprise MBA Business Plan Competition continues a long tradition of
further developing the entrepreneurial spirit within today's students. Serving as a
model host for the competition, Cincinnati claims an ideal geographic location
within driving distance of multiple major entrepreneurship programs, and
situated near a Delta hub at the Greater Cincinnati Northern Kentucky
International Airport. Additionally, Cincinnati has access to world-class judges
representing the city's entrepreneurial support organizations, angel, and
venture capital groups, as well as the strong support of the UC Center for
Entrepreneurship Education & Research. The inaugural competition was held in
2005 and each year it has brought teams from across North America.
Competition Format
The Spirit of Enterprise
identifies the best new venture plans through a competition format
consisting of three intense and challenging rounds. During the
Preliminary Round, each team will be allotted 15-20 minutes to formally
present their business plan to an esteemed panel of judges, followed by
a critical, 10 minute question-and-answer session. Each team will
compete against three to four others in one of three to four concurrent tracks. At the
conclusion of the preliminary round, the top four business plans will be
selected to advance to the
Final Round's single track, where they will again have 20 minutes to
sell their venture, this time to a new panel of judges.
Those teams not chosen
for the final championship round will move on to the consolation track: the
UC Taxi/Limo Round. Competing teams will be given an actual
10-minute taxi/limo ride, with a judge/potential investor riding with the
team. During each taxi/limo ride, team members will be given the
opportunity to make their pitch to a potential investor. Unlike the
preliminary and championship rounds, however, team members will not be
permitted to use PowerPoint presentations, visual aids, or computer
technology. Teams will be permitted to present judges with a two-page
summary of their new venture concept.
Rewards
The most innovative and
commercially viable business plans will be rewarded with cash prizes up
to $10,000. Teams receiving financial rewards will include the top four
to five
teams recognized during the final championship round (1st place $10,000 Cincom Spirit of Enterprise Champion Award; 1st Runner-Up $3,000
Meridia Spirit
Award; 2nd Runner-Up $2,000 Queen City Angels First Fund Award; 3rd
Runner-Up $750 Excellence Award; and 4th Runner-Up $500 Excellence Award). In addition, the top team in the
Taxi/Limo Round, and the recipient of the Best Technology Plan will
receive cash prizes. The $10,000 Cincom Spirit of Enterprise
Champion prize, the first place recipient will be awarded an automatic
bid to the 2010 MOOT Corp Competition, held at the University of Texas,
Austin.
In addition to the monetary awards,
all participants will receive valuable networking, contacts, practice in competing against teams from top
universities, as well as the invaluable business plan assessments, critiques,
and feedback
provided by the panel of judges.
Thomas M. Nies Founder, President & CEO, Cincom Systems, Inc.
Charles H. Matthews, Ph.D. Executive Director,
University of Cincinnati Center for
Entrepreneurship Education & Research
Past Competition Results
2009 UC Spirit of Enterprise Graduate Business Plan Competition
2008 UC Spirit of Enterprise MBA Business Plan Competition
For more results and photos of the
2008 Spirit online at MarketWire,
click here.
2007 UC Spirit of Enterprise MBA Business Plan Competition
2006 UC Spirit of Enterprise
MBA Business Plan Competition
2005 UC Spirit of Enterprise
MBA Business Plan Competition
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