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Summary of the 2006 University of Cincinnati Spirit of Enterprise Business Plan Competition

The second annual competition was held on Thursday, February 23rd and Friday, February 24th, 2006 at the Cincom Systems, Inc. Headquarters.  Teams in attendance included Carnegie Mellon University, Case Western Reserve University, Duke University, The Ohio State University, University of Arizona, University of Cincinnati, University of Georgia, University of Illinois - Chicago, University of Louisville, University of Manitoba, University of Oregon, and Wake Forest 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

Fort Washington Capital Partners

Blue Chip Venture Capital CINCOM
     
Event Sponsors

Queen City Angels

Fort Washington Capital Partners Group

The Ohio Capital Fund

Blue Chip Venture Capital Co.

The Walnut Group

Draper Triangle Ventures

 

Media Sponsor

Cincy Business

 

Championship Round Awards  

 

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 Illinois - Chicago

Faculty Advisor: Rod Shrader

Team Members: James Hogan, Caralynn V. Nowinski, Chirag V. Patel

Business Plan: Sano Gene Therapeutics

Concept Focus: Cancer Care

 

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.

 

1st Runner-Up Award $3,500

 

The Winner: Carnegie Mellon University

Faculty Advisor: Thomas Hajduk

Team Members: Ernest Braxton, Adam Lichtl

Business Plan: NeuroLife

Concept Focus: Noninvasive Neurosurgical Technology

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: University of Cincinnati

Faculty Advisor: Charles H. Matthews

Team Members: Ahmed Shuja, Srinivas Parimi, Dennis Delvin, Ibraham El Rahi, Michael Finn

Business Plan: Progressive Cooling Solutions, LLC

Concept Focus: Heat Emission Cooling Technology

 

3rd Runner-Up Excellence Award $500

 

The Winner: University of Georgia

Faculty Advisor: Charles Hofer

Team Members: Nick Campbell, Travis Walker, Coooper Butler

Business Plan: FSDashboard

Concept Focus: Fantasy Sports Management

Specialty Round Awards  

Presentation of Best Technology Award $1,000

(Sponsored by Fort Washington Capital Partners Group)

Christopher Baucom, CFA

Fort Washington Capital Partners Group

 

The Winner: Carnegie Mellon University

Faculty Advisor: Thomas Hajduk

Team Members: Ernest Braxton, Adam Lichtl

Business Plan: NeuroLife

Concept Focus: Noninvasive Neurosurgical Technology

 

Presentation of Taxi/Limo Round Award $1,000

(Sponsored by Blue Chip Venture Company)

Tony Shipley

Chairman, Queen City Angels

 

The Winner: Wake Forest Univeristy

Faculty Advisor: Charles Iacovou

Team Members: Mark Hendrickson, Josh Schwartz

Business Plan: AudioFusion, Inc.

Concept Focus: Medical Technology

 

Competition Judges  

 

Many thanks to the following people who served as judges in the 2006 UC Spirit of Enterprise MBA Business Plan Competition:

 

Preliminary Round Judges:  Rob Heimann, River Cities Capital Funds; Jennifer Wolfe, The Practice, LPA; Jim Cunningham, The Circuit and C-Cap; Paul Cashen, DaytaOhio; Mark Richey, Draper Triangle Ventures; Myrita Craig, Small Business, Greater Cincinnati Chamber of Commerce; Pat Longo, Hamilton County business Center; Rea Waldon, PNC Bank; and Dave Willbrand, Thompson Hine LLP

 

Championship Round Judges:  John Habbert, Queen City Angels; John A. Kraeutler, Meridian Bioscience; Maribeth Rahe, Fort Washington Capital Partners Group; and Doug Roberts, Thompson Hine LLP

 

Taxi/Limo Round Judge:  Ashley Kohnen, Blue Chip Venture Company

 

Best Technology Award Judges:  Julia Ossipov-Grodsky and Steve Baker, Fort Washington Capital Partners

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