BCP


The 2018 Business Plan Competition Finals took place on April 11, 2108 at Storer Auditorium (Miami Business School, ground floor) at 4pm with our keynote speaker, Ms. Dana Spinola, fab'rik, President and Founder.
 

The event consisted of live pitches from 2 separate tracks: Undergraduate track and the Graduate/Alumni track, followed by an award ceremony and a reception.  The students had an opportunity to win up to $50,000 plus in-kind prizes.

 

 

2018 Business Plan Competition  Undergraduate Track Winners

 

Grand Prize, 1st place: $10,000 plus 3 months of co-working space (10 hours per week) at the U Innovation Suite

COLLEGE TICKPIC - Dewayne Washington and Josh Johnson

2nd Place: $6,500

ESCAPE - Jillian Scott and Myra Singh

3rd Place: $4,000

EDUCARE -Christopher Daniels and Steven Buibish

Honorable Mention: $2,000

100 HOUR ALARM CLOCK - Connor S. Howell and Landon C. Akiyama

Best Presentation Award: $1,500

COLLEGE TICKPIC - Dewayne Washington and Josh Johnson

 

2018 Business Plan Competition Graduate/Alumni Track Winners

Grand Prize, 1st Place plus 3 months of co-working space (10 hours per week) at the U Innovation Suite: $10,000

CATALYST - Andrew J. Richardson and Joe Cioffi

2nd Place: $6,500 

SEED OUT - Zain Ashraf and Ali Ashraf

3rd Place: $4,000

PANACEA - Dahlia Attia-King

Honorable Mention: $2,000

WHISKY TOOTH - Joseph Keilman

Best Presentation Award: $1,500

CATALYST - Andrew J. Richardson and Joe Cioffi

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The Paul K. Sugrue Entrepreneurial Spirit Award ($2,000) was awarded to JAMES LAI.

 

 

Encouraging Entrepreneurship Among Students and Alumni

The University of Miami Business Plan Competition and the 'Canes Idea Challenge, both hosted by the Miami Business School, encourage entrepreneurship among students throughout the University of Miami. The School recognizes that successful business ideas can come from a wide range of disciplines and may originate from an individual or from a group of individuals.

Both competitions have two separate tracks: (1) undergraduate student track; (2) graduate student and alumni track.

The 'Canes Idea Challenge is a stepping stone for all participants to qualify for the annual Business Plan Competition in April 2018. Students and alumni who would like to participate in the Business Plan competition must have submitted a concept paper by October 30, 2017  to qualify for the 'Cane Idea Challenge, where they presented a two minute live pitch to an audience and judges on November 15, 2017.  The selected students will then write and submit a business plan in March 2018, and pitch in the Semifinals on April 9, 2018 (closed to the public).  The top teams in each track (Undergraduate and Graduate/Alumni) will compete in the Finals live pitches on April 11, 2018.

Undergraduate non-Business School students must have completed two workshops on Business Plan Essentials and Financial Modeling offered by the LaunchPad in the Spring 2018. These workshops are open to all undergraduate and graduate students participating in the business plan competition.

 

Am I Eligible?

The University of Miami Business Plan Competition and the 'Canes Idea Challenge are open to all University of Miami students in good academic and financial standing during the current academic year. The competitions are also open to all UM Alumni who are non-UM employees, graduation date must not be older than 2006.

HOW IT WORKS

BUSINESS PLAN ESSENTIALS AND FINANCIALS WORKSHOPS

The LaunchPad offered two workshops at the Miami Business School to assist participating students with writing a business plan and financial modeling. These workshops were mandatory for Undergraduate non-business students, but open to all participating students (Undergraduate and Graduate). Pizza and sodas were provided to all those in attendance.

ALL TEAMS SHOULD USE THE FOLLOWING TEMPLATES FOR THE BUSINESS PLAN SUBMISSIONS: Business Plan essentials and Financials.

Location: Miami Business School

Workshop 1: Business Plan Essentials (Pick a date)

Jan 24, 2018 – 12:15 p.m. - 2:00 p.m.
RSVP to sbaentrepreneurship@miami.edu by January 19, 2018

Jan 25, 2018 – 12:15 p.m. - 2:00 p.m.
RSVP to sbaentrepreneurship@miami.edu by January 19, 2018

Workshop 2:  Financial Modeling (Pick a date)

February 7, 2018 – 12:15 p.m. - 2:00 p.m.
RSVP to sbaentrepreneurship@miami.edu by February 2, 2018

February 8, 2018 – 12:15 p.m. - 2:00 p.m.
RSVP to sbaentrepreneurship@miami.edu by February 2, 2018

CONFIDENTIALITY

Each year, as oral presentations approach, some students become concerned about potential issues of confidentiality. Remember that the judges are largely entrepreneurs, investors, and financial professionals who deal with confidential information in the normal course of their work, and as such, you can expect them to behave professionally. You should feel free to exclude any information you regard as truly proprietary, but keep in mind that this may have a negative impact on your performance in the competition. Also keep in mind that your general venture idea is NOT proprietary, and in the vast majority of cases revealing it will have no impact on your competitive position. No judge, mentor, or UM faculty/staff should ever be asked to sign any sort of nondisclosure agreement, and your presentations may be open to the public.
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