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Summary of the 2005 University of Cincinnati Spirit of Enterprise Business Plan Competition

The inaugural competition was held on Thursday, February 24th and Friday, February 25th 2005 at the Cincom Systems, Inc. Headquarters.  Teams in attendance included Carnegie Mellon University, Indiana University, the University of Arizona, the University of Cincinnati, the University of Georgia, the University of Louisville, the University of Oregon, and Xavier University

The quality presentations were judged by a panoply of area entrepreneurs, business leaders and venture capitalists and the event was made possible by the following gracious sponsors:

Best Technology Plan Taxi/Limo Competition Platinum Level Bronze Level

Fort Washinton Capital Partners

Blue Chip Venture Capital CINCOM KeyBank
       
Event Level

Blue Chip Venture Company

Fort Washington Capital Partners LLC

River Cities Capital Fund

Queen City Angels First Fund

Greater Cincinnati Venture Association

Executive Transportation, Inc.

 

 

Awards were presented on the final day at the Awards Banquet. The list of awards and recipients are as follows:
   
Specialty Round Awards  

Presentation of Best Technology Award $1,000

(Sponsored by Fort Washington Partners Capital Group)

Christopher Baucom, CFA

Fort Washington Capital Partners Group

 

The Winner: University of Oregon

Faculty Advisor: Dr. Don Upson

Team Members: Mason Adair, Jed Cahill, Jon Hofmeister, Clayton Jones, Lars Juel

Business Plan: Perpetua

Concept Focus: Energy Harvesting Technology

 

 

Presentation of Taxi/Limo Round Award $1,000

(Sponsored by Blue Chip Venture Company)

Tony Shipley

Chairman, Queen City Angels

 

The Winner: University of Louisville

Faculty Advisor: Dr. Van G.H. Clouse

Team Members: John Anderson, Anthony Appling, Jason Case, Sean Rice

Business Plan: Energy Innovations

Concept Focus: Energy Measurement Technology

 

Championship Round Awards  

2nd Runner-Up Queen City Angels First Fund Award $2,000

(Sponsored by the Queen City Angels First Fund)

Tony Shipley

Chairman, Queen City Angels

 

The Winner: Carnegie Mellon University

Faculty Advisor: Dr. Thomas Hajduk

Team Members: Min Kim, Bee-Bee Liew

Business Plan: AccuMEM

Concept Focus: Laboratory Technology

 

1st Runner-Up KeyBank Award $5,000

(Sponsored by KeyBank)

Steve Emerson, President, Cincinnati District

KeyBank

Mike Magazine, Dean

College of Business, University of Cincinnati

 

The Winner: University of Cincinnati

Faculty Advisor: Dr. Charles H. Matthews

Team Members: Brett Smith, Bhaskar Narayan

Business Plan: Pizzeria Fresco

Concept Focus: Food Industry

 

Cincom Systems Spirit of Enterprise Champion Award $10,000

(Sponsored by Cincom Systems, Inc.)

Thomas M. Nies

Founder, President & CEO, Cincom Systems, Inc.

 

The Winner: University of Oregon

Faculty Advisor: Dr. Don Upson

Team Members: Mason Adair, Jed Cahill, Jon Hofmeister, Clayton Jones, Lars Juel

Business Plan: Perpetua

Concept Focus: Energy Harvesting Technology

 

The Champion also received an automatic bid to the MOOT Corp Business Plan Competition and was treated to a limo ride at the end of the competition to celebrate their success.

 

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