First prize is $10,000!

The Darden-UVA Business Plan Competition is Now Open!

Enter your submission HERE. DEADLINE TO ENTER IS APRIL 3, 2014.

 BPlan Competition 2014

All members of the Darden and UVA communities (students, faculty, staff and alumni) are invited to submit a Business Plan by April 3, 2014 The final round of competition will be held at Darden on Thursday, April 17, 2014. Please review the eligibility requirements and further details on Darden’s website: Darden-UVA Business Plan Competition.

 

Galant Center Challenge Deadline: Monday, March 31st at 11:59 PM
The Galant Challenge is a $250,000 “live fire” venture pitch competition sponsored by The Galant Center for Entrepreneurship at the McIntire School of Commerce and the Entrepreneurship Group at U.Va. The challenge invites angel investors and venture capitalists who regularly invest in early-stage startups to evaluate live pitches and offer student entrepreneurs up to $250,000 in seed financing.
How to Enter:

Eligibility: The Galant Center Challenge is open to teams of between 1 and 5 students from any of the undergraduate or graduate programs at the University of Virginia.

Deadline: Submit your business plan and presentation by 11:59 p.m. (EST), Monday, March 31, 2014. Semifinalists will be announced by Friday, April 4, 2014.

Application Details: Interested teams should submit by the submission deadline a business plan of no greater than 5 pages, with 5 additional pages of appendixes (e.g., financials, charts, graphics), and a presentation that would require not greater than 10 minutes of presentation time.

Semifinalists will be chosen based on the viability of their plan, the uniqueness of their product or service, and the likelihood of the venture garnering real investment interest from the participating investors.

LINK: https://galantcenter.wufoo.com/forms/galant-challenge-2014-submission/

SEED Presents:
Tom Bird, Careers in Impact Investing
Tuesday, March 25th, 4:00-6:00PM
Rouss-Robertson Hall, Room 123

Join impact investor Tom Bird for a presentation on careers in impact investing. Working as an impact investor for over 30 years, he will be speaking about his path into the industry, his experiences throughout cases he has worked on, and ways to get involved with the blossoming industry.

For more information, please see: https://www.facebook.com/events/664745633587954/.

“The World Economic Forum, in collaboration with Stanford University, Ernst & Young and Endeavor, surveyed over 1,000 entrepreneurs from around the globe with the goal of better understanding how successful entrepreneurial companies speed access to new markets and become scalable, high-growth businesses. Executive case studies for 43 early-stage companies from 23 different countries were developed to enrich the feedback from the survey. 

Summary of Key Findings

  1. For entrepreneurs, major differences in entrepreneurial ecosystems exist from one region to the next. When entrepreneurs consider expansion opportunities beyond their country or region, there is a potential alignment issue with governments that often adopt a strong “within country/region” focus in their entrepreneurial ecosystem policies.
  2. According to entrepreneurs, three areas of an entrepreneurial ecosystem are of pivotal importance – accessible markets, human capital/workforce and funding & finance. This report is the first large-scale study that systematically examines which pillars of an ecosystem matter most to entrepreneurs when it comes to the growth of their companies. A potential alignment issue can arise between the time horizon of an entrepreneur and that of a policy-maker or politician, with the time horizon of the latter two typically following the electoral cycle. 
  3. In most regions, only a small number of breakout companies are the main contributors to a healthy, growing early-stage company sector. There are also substantially more similarities than differences in the issues facing entrepreneurs around the globe. These similarities appear in all regions and have an impact on the major growth accelerators and growth challenges for early-stage companies. 
  4. Large companies in the overall business ecosystem have the potential to provide important leverage for early-stage companies in their growth and development. However, there are potential pitfalls to navigate through in the relationship. The report highlights areas for productive relationships as well as areas where relationships can inhibit growth or be the source of revenue and job destruction in an early-stage company.
  5. Entrepreneurs themselves can play multiple important roles in the build-out of an entrepreneurial ecosystem. Using case studies from Endeavor, five important roles are illustrated – mentorship, inspiration, investment, new founders and new employees. 
  6. Government and regulatory policies are viewed by entrepreneurs as both potential growth accelerators and growth inhibitors. The report highlights examples of case studies from different geographical regions that reflect the positive and negative impact economic policies can have on entrepreneurs. In some cases, entrepreneurs believe that government/regulatory policies aimed at supporting economic growth can actually be counterproductive to the growth of their early-stage company.”

 

http://reports.weforum.org/entrepreneurial-ecosystems-around-the-globe-and-early-stage-company-growth-dynamics/?goback=.gde_2772006_member_5836568888946499587

Curious to know who the mentors are? Take advantage of the extended deadline to Thursday, Feb 6, and submit soon to work with one of these excellent entrepreneurs!

John Feminella, UpHex (software development, technical lead, lean/agile, startup formation)

Jim Erler, Erler Design (business development, customer discovery, strategic and technical consulting, semiconductors)

Bruce Ferris, SPARK Product Development (business development, customer relations, product design and prototyping)

Elizabeth Pyle, Pyle and Associates (management consulting, regulatory compliance, marketing, operations and strategic planning)

John Taylor, Castle Hill Holding (engineering design, hardware/software development, game design, social networking, contract negotiation, financial modeling)

Arthur Watson, Castle Hill Holding (marketing strategy, angel investing, client servicing, financial strategies)

David Chen, Coulter Translational Research Program, U.Va. (business development, funding strategies, medical devices, diagnostics and therapeutics, healthcare solutions)

Kelly Dye, First Citizens Bank (commercial and business banking, working capital financing, retail lending)

Rick Kulow, Rosewood Management Consulting (strategic planning, growth financing, distribution expansion, sales optimization, cash flow management, personal care products, natural foods industry)

Bill Bavin, Chessiecap Inc. (investment banker, education and human capital companies, capital formation, corporate finance)

John Thomas, Press Start LLC (software design, customer development, agile/lean, web/iPhone/iPod/ iPad productivity applications)

Elizabeth Roark, Embark Technologies (project/program management, business strategy, start-up launch, ScrumMaster)

Steve O’Keefe, SixEstate Communications (newsblogging, online marketing, internet public relations, media relations)

MJ Toms, Center for Entrepreneurial Leadership, Darden School (startup formation, IT, business strategy, corporate planning, product marketing)

JET-app-details-2014

Calling all curious minds, builders, and doers…

The 2nd annual JET mentorship program application is now open!

We want to help you and/or your team to tackle a demonstrated need that has business potential.  Find out more details by visiting the “JET Application” tab above.

The deadline for entries from the College for the U.Va. Cup has been extended to Friday, October 25th at noon!

The U.Va. Cup, now in its fifth year, brings together the top concepts from each school to compete for cash awards totaling $40,000.  This is a University-wide celebration of the most original, feasible and self-sustaining ideas for new ventures.  The teams are student-centered, but can also involve faculty, staff and alumni.

Students can submit their concept by following this link: http://innovation.virginia.edu/submit-a-concept

More details about the U.Va. Cup competition can be found at http://www.virginia.edu/ecup.

Presentation with more information about the competition: 2013 CLAS competition

 

WHEN: Wednesday, 13 November 2013, 5-7 PM

WHERE: Davis Commons, Rice Hall, SEAS (across from the Stadium parking lots)

Do you have an idea for a new product?  Anxious to launch a new venture?  Excited and curious about entrepreneurship?

If so, then you will want to plan on coming the SEAS-Darden Technology Venture Fair on 13 November!

This event will allow students and faculty to show off their latest ideas for products and businesses and it will allow other students to meet, mingle, and find projects that could use help with marketing, finance, and the business side.

We welcome students–both undergraduate and graduate–to display their ideas as well faculty.  Students from all schools can participate either as exhibitors or attendees.  We will provide tables and easels for displays as well as food and drink.  So come, make the scene and see the cool stuff that’s happening at UVa!

To register, please visit https://docs.google.com/forms/d/1E92XG7wTLgGM-yizuaro9HS1L5z1nqBpwCoiMxlkQEI/viewform

Net Impact at the University of Virginia is an organization run by students whose mission is to inspire, educate, and provide individuals with the necessary tools to intertwine business and social impact, creating a more socially and environmentally sustainable world. We focus on creating a positive change on grounds by raising awareness of sustainability careers, offering educational lectures on the importance of social impact in business settings, and giving individuals the opportunity to build relationships with local social impact business leaders.

In broader terms, Net Impact is a global nonprofit organization with students and professional members that has more than 240 chapters on six continents and thousands of professional, graduate, and undergraduate members.

EMTV is a student-run organization that brings people together who are interested in thinking about innovative ways to improve health care. This year EMTV plans to participate in events such as business idea  and innovation competitions, host talks by local healthcare entrepreneurs, and organize engaging events designed to be fun while helping people think creatively about healthcare issues. Come be part of a new CIO on grounds and have a big say on its future direction! All majors are welcome to join!

If you would are interested in a leadership position or would just like to get involved, please contact Anish Dalal at  apd2ee@virginia.edu for more information.