V. Dale Cozad New Venture Competition
V. Dale Cozad New Venture Competition
| Group type: | Competition |
| Focus: | Business Plans |
| Organizer: | Student-run |
| Location: | Urbana, IL |
ABOUT US
The Cozad New Venture Competition (CNVC) is designed to encourage students, researchers, and community members to create new sustainable businesses in the Champaign-Urbana area. The competition encourages the development of the entrepreneurial spirit through teamwork and competition. Teams are invited to create a business plan around a topic of their choice. Assistance is available in the form of mentors, workshops, and courses to guide teams through the phases of business plan creation.
Three competitive divisions provide for a wide range of opportunities for different ventures:
Commercial Venture Division: Viable ventures with high commercial potential.
Social Venture Division: Profit or non-profit ventures, with an emphasis on creating and sustaining social value. This may include introducing new entrepreneurial concepts, programs or initiatives within existing organizations.
Green Venture Division: Viable ventures with a focus on innovative products or processes that address ecological or conservation concerns.
There is no limit to the number of teams that can enter the CNVC. Teams may not enter in more than one division. Students, however, can serve on multiple teams, in multiple divisions. The Technology Entrepreneur Center (TEC) will work with judges to determine three finalist teams for each of the three divisions, for a total of nine teams that will present their business plan at the finals event. Teams in the final round will compete for an estimated $60,000 in cash, plus valuable in-kind prizes. Finalists and winners will have the opportunity to meet with venture capitalists, early stage investors and successful entrepreneurs who will serve as judges for the finals round.
EVENTS
Upcoming Events
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Elevator Pitch Round Two
09 February 2010, 05:00PMThe first Elevator Pitch Round is your team's opportunity to pitch your ideas to judges for immediate feedback. After presenting, teams will either (a) be automatically invited to move forward and submit their 5-page business plan by 2/17/10, or (b) be asked to modify their pitches and return on February 9 and present their reformed pitches during Elevator Pitch Round Two. Participants invited to Elevator Pitch Round Two that demonstrate they have improved their pitches will then be asked to move forward and submit their 5 page business plan by 2/17/10
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Putting the Plan Together
11 February 2010, 05:00PM
The Technology Entrepreneur Center organizes a series of venture development workshops. These workshops will be held over a one-week period in the spring semester. The workshops are required for all participants in the competition. Each team must send at least one representative to each workshop. All finalist teams must attend the elevator pitch and oral presentation workshops. Attendance will be tracked via sign-in sheets at each workshop. Teams need to be sure to sign in at each workshop.
Light refreshments will be provided at each workshop. -
Oral Presentations
01 March 2010, 05:30PMThe Technology Entrepreneur Center organizes a series of venture development workshops. These workshops will be held over a one-week period in the spring semester. The workshops are required for all participants in the competition. Each team must send at least one representative to each workshop. All finalist teams must attend the elevator pitch and oral presentation workshops. Attendance will be tracked via sign-in sheets at each workshop. Teams need to be sure to sign in at each workshop.
Light refreshments will be provided at each workshop. -
Semi Finals
05 March 2010, 10:00AM- Up to 15 teams to present
-10 minute prepared remarks, 5 minute Q & A
- Judges to provide feedback to all teams at day’s end
- Finalists for Saturday’s round announced
- Networking Reception -
Finals & Reception
06 March 2010, 09:00AM- Finalist teams will move forward to Saturday’s finals round
- 9:00 AM to 12:00 PM, followed by lunch and awards ceremony
- 15 minute prepared remarks, 10 minute Q & A
- Winners announced at awards ceremony
-Individual team meetings with judges after the awards ceremony
When a list of finalists is determined, they will receive information regarding presentation length. THIS TIME LIMIT WILL BE STRICTLY ENFORCED. Upon completion of the presentations, the judges will begin deliberations while the teams and audience exit to the reception.
All members of teach team presenting in the semifinals and finals Event must be present (absent extreme emergency situations, such as a death in the family or serious illness). Team members should wear business attire, and maintain a professional demeanor throughout the Finals Event.
COMMENTS (12)
Members (205)
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Reza Shiftehfar
Completed MSc. in Civil Engineering & pursuing MSc. in Computer Science from University of Illinois at Urbana-Champaign,7 yrs. at Namvaran Consulting Engineers as a Manager.
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Sathvik Vasam
Pursuing BSc from University of Illinois, 3 months as Sales Representative at Vector Marketing, Presently Business Development Executive at Object Technology Solutions Inc. (OTSI) since June 2009
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Cassandra Clark
B.S. in Advertising from University of Illinois Urbana-Champaign ,M.B.A. in International Business from Salem International University. Presently working as a Marketing Assistant, Event Planner at Technology Entrepreneur Center.
Startups (73)
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Pushrs
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Qoozol
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UTicketIt
UTicketIt is an online tool that connects event organizers with ticket buyers for risk-free ticket sales and event management.
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ACademia
ACademia is academia designed like a game. Millions of users have free education online but not any fancy way of evaluating their academic levels. ACademia will satisfy that market pain by providing level-up system, skill trees, and achievement pages
ATTN those who uploaded an Intent to Compete form and have been moved on to the next round: Please fill out your OPBP and indicate your availability for the Elevator Pitch Round at https://illinois.edu/fb/sec/7122581 Thanks!
I have saved the OPBP as a .doc and uploaded to the submissions guideline site. Perhaps you can open this one.
The Link sent to the OPBP DOES NOT OPEN. I've tried opening it on a MAC and a PC, but it does not work. Please help with this problem.
How can I upload the OPBP? The system says I can only upload one document. I uploaded my Intent to Compete last week. What should I do?
Good question George. Yes, we realize this website can seem somewhat user-unfriendly at times.
The reason you do not see the One Page Business Plan details yet is because they will not be uploaded until after 5:00pm today (when the Intent to Compete is due). After that, you will be able to start submitting the OPBP the same way that you did the Intent to Compete. The platform only allows us to run one leg of the competition at a time.