Download Games Contests from Different universities

Games and Contests from Different universities
Georgia Tech University
Business Plan Competition
The Georgia Tech Business Plan Competition is held annually to encourage
entrepreneurship among Georgia Tech students and alumni; to provide exposure to
corporate strategy experts, high-tech entrepreneurs, and venture capitalists; and to
encourage the founding of technology-based ventures. The competition is open to all
Georgia Tech students and alumni who have graduated in the past five years.
In the months leading to the competition, local entrepreneurs, venture capitalists and
others in Georgia's entrepreneurial community present a series of workshops to help
participants prepare their plans; the process typically begins in September and culminates
with the actual competition in the following February.
Rensselaer Polytechnic
None
Syracuse University
Syracuse Business Plan Competition
Many steps are involved in translating great ideas into great businesses. A key step is the
creation of a business plan. A business plan attempts to address the uncertainties
surroundings the many decisions you have to make about your businesses. It is a
blueprint and a roadmap.
The Syracuse Business Plan Competition is a campus-wide student business plan
competition, hosted by the Program in Entrepreneurship and Emerging Enterprises at the
School of Management, Syracuse University.
Any team of students from every school or college at Syracuse University is encouraged
to enter. Individuals can also enter. The only requirements are that the team leader be
enrolled students in a SU program, and that the submissions be the students' own original
work and ideas.
Prize money is awarded to the top three teams, whose new venture ideas represent the
best potential for growth and for attracting outside financing, and are successfully
communicated and presented to the independent panel of judges.
First prize: $25,000
Second prize: $10,000
Third prize: $5,000
Growth Business
The primary objective of the competition is to educate and encourage student teams on
the creation of innovative business models, which would eventually have the potential to
be attractive to outside investor financing. This would typically result in “growth”
business models, in contrast to “lifestyle” businesses.
A growth business is one which focuses on a marketplace with potential for rapid and
robust growth over the coming years. There may be technological innovations that
spawn rapid development of new products, or there may be changing customer dynamics
that create new market needs. The promising growth company is one that delivers valueadded products into its growth market or niche, and where its customers also understand,
need, and value the solutions.
The lifestyle business, on the other hand, is one that may or may not see significant
growth, but exists to fund the “lifestyle” of its owner(s). This company could be
profitable, but does not necessarily have aspirations of rapid revenue growth. Many
businesses that are sometimes referred to as “mom and pop’s” are in the lifestyle business
category.
Growth companies are typically much more attractive to investors than their lifestyle
counterparts. In this case, “outside investment” includes the entire range, such as angel,
seed, and venture capital investors, other private equity transactions, potential mergers
and acquisitions (M&A) activity, or initial public offerings (IPOs). While it is true that
lifestyle businesses represent the majority of firms from a quantity perspective, growth
businesses embody an economic engine that generates not only growth within the
companies themselves, but also spawns creation of other products and services as the
overall industry grows.
Most growth companies try to target a marketplace that will allow them to achieve at
least $5 to $10 million in annual revenues by the fifth year. While some business plans
are legendary in projecting $100 million by the third year, those are rarely ever realized,
and unrealistic projections are viewed dimly by potential investors.
Lifestyle companies, for the most part, will expand capital primarily through debt
financing, if applicable to the business model. Without a growth model to offer the
potential of far greater returns on investment (though admittedly at greater risk), equity
financing for the lifestyle firm is usually much more difficult to attract. If equity
investment is obtained, the primary source is typically what is facetiously termed the
“3F’s” (friends, family, and fools).
With the significant size of our prize money, our Competition’s objective is to encourage
the formation of future growth businesses that can attain outside capital investment to
grow. This is the essence of one of the key objectives of our Competition – to get our
students to “think big.”
The Capstone Business Plan Competition
Every undergraduate business major at Syracuse University completes the capstone
course Strategic and Entrepreneurial Management. This course is typically taken in the
student's final semester. Working in teams, students must develop an original business
concept and then write a comprehensive business plan for that concept. At the end of the
Fall and Spring semesters, the Capstone Business Plan Competition is held. Teams
present their plans before judging panels that include entrepreneurs, venture capitalists,
and others from the entrepreneurial community in Central New York. There are typically
between 30 and 40 teams. Five prizes are awarded, including:
First Place
Second Place
Third Place
Fourth Place
Creative Excellence Award
Entrepreneurial Spirit Award
Honorable Mention
The top three finishers also receive cash awards. In addition, two of the top teams are
selected to represent Syracuse at national undergraduate business plan competitions. The
EEE Program covers all costs of sending the teams to these competitions.
University of California – San Diego
NONE
University of Maryland
Business Plan Competitions (All students)
The Hinman CEOs Program facilitates the yearly University of Maryland Business Plan
Competition. Goals for the competition include providing education and networking
opportunities for students, fostering new venture ideas and providing new opportunities
for University of Maryland students and recent alumni to compete for prize money that
will enable them to start businesses. Participants will learn from the experience and will
develop important contacts in the practitioner and financing communities whether or not
they win. The competition is open campus wide to University of Maryland undergraduate
and graduate students. Recent alumni may also compete. By rule, at least one team
member must be a current University of Maryland student or recent graduate having
"material role" in the team.
It is expected that most CEOs will compete in the Business Plan Competition at some
point in their tenure in the Program. Indeed, it is a goal of the CEOs Program that
students will form networks and teams that will lead to business ideas. Seminars for
CEOs will offer guidance about business plan writing and preparation for business plan
competition. Finally, it is expected that CEOs will be among the most active student
supporters of the organization and management of future competitions.
Wake Forest University
Babcock Elevator Competition
This exciting national business plan competition literally takes student entrepreneurs
literally from the ground floor to the boardroom. Staged at Wachovia Bank, teams
present their plans to venture capitalists during two, two-minute elevator rides. The top
six teams advance to full presentations made to an expanded group of venture capitalists.
Winners receive a return trip to present their plans to a venture capital partnership group
appropriate for their venture funding. More than 25 teams competed in the 2001 event.
KACE Competition The Kauffman/Angell Center for Entrepreneurship National CaseWriting Competition is an outgrowth of Babcock's successful teaching case competition.
Students prepare original teaching cases with teaching notes based on their summer
internships. The inaugural competition, funded by the Ewing Marion Kauffman
Foundation, was held in January 2001. Participating schools included Harvard,
Northwestern, Notre Dame, Chicago, Michigan, Nebraska and Wake Forest. The winning
case was from Northwestern. The competition was the winner of the Irwin-McGraw-Hill
Innovation in Entrepreneurship Pedagogy Award, presented by the Academy of
Management.