2015 Business Plan Competition at

The Paul Merage School of Business


The Beall Center for

Innovation and Entrepreneurship

 

Invites You to Attend

 

The 2015 Business Plan Competition at

The Paul Merage School of Business

 

Competition Kick-Off Event

 

Thursday, November 6

5:30 pm – 6:00 pm Networking

6:00 pm – 8:00 pm Program

UCI Student Center • Doheny A&B

 

Learn more about:

 

·         Over $30,000 in awards

·         Updates on previous year’s winners

·         Five workshops in business plan development

·         Organizing your team through iStart.org

·         Mentoring and coaching for all semi-finalists

·         How qualify for 6 months free residency at the TechPortal Calit2

·         OC angel, VC and private equity investors

·         Networking event for recruiting team members

·         Enjoy free hors d’oeuvres

 

 

Click Here to Register for the 2015 Kick-Off Today!!




The 2015 Business Plan Competition Description and Rules

 

The 2015 Business Plan Competition at The Paul Merage School of Business is one of the nation's premier business plan competitions offering all UC Irvine students, staff and researchers the opportunity to form a team, create a business plan and potentially fund their business idea all within six months. The competition begins with our signature Kick-off event on November 6, 2014.  At the Competition Kick-off, participants learn more details about the competition prizes, rules, registration procedures and meet some of the winners from previous years.

 

Students wishing to participate in the 2015 business plan competition may register for the 2015 Competition at meragebpc2015.istart.org.  Participants form a team, submit their concept papers, attend competition related workshops and submit their final business plan on April 20, 2015. The Competition culminates in the selection of the  the finalists at The Final Presentations and Awards Ceremony on Friday, May 15, 2015, where over $30,000 in cash prizes will be awarded. Between the kick-off and finals, we offer five workshops covering a broad range of business plan development skills led by expert practitioners from across Orange County. The Competition also provides individual team coaches to all teams that qualify for the semi-finals.
 



Contact:

 

Maj Smith

Coordinator - The Beall Center for Innovation & Entrepreneurship

Phone:949.824.4061

Email: majjies@uci.edu

 

 


 

 

 

 

 

 

 

 

 

 

 


 

2015 Business Plan Competition Rules



Competition Information:

Competition Format
Teams
Business Plan/Idea
Judging Guidelines
Award Divisions
Special Awards

Tech Surge Awards

Competition Registration
Competition Calendar
Resources

UPCOMING EVENTS:


2015 BPC Competition Kick-Off

Thursday, November 6, 2014
UC Irvine Student Center
Doheny AB
5:30pm-8:00pm

 

 

View all competition events

 

 

 



1. Competition Format BACK TO TOP MENU
The Competition has Two Phases:
 
Phase One: Concept Paper Phase
 

Winter quarter, 2015, the Concept Paper Phase begins with all teams self-registering on meragebpc2015.istart.org and joining the 2015 Business Plan Competition at the Paul Merage School of Business Group by 11:59pm, Monday, January 12, 2015. This is required. 

For further instructions on how to register click HERE

Following the 2015 Competiton registration on meragebpc2015.istart.org, three workshops are provided to assist competitors with their concept papers. Teams then submit a three-page Concept Paper about their business opportunity by uploading their concept paper in .pdf form on meragebpc2015.istart.org. (Concept papers are due by 11:59 pm, February 2, 2015). Each Concept paper, must provide a cover sheet that gives the names of the team members including their respective school affiliations, graduate/undergraduate status and e-mail address. This cover page does not count against the 3-page maximum of the concept paper.
 

This initial three-page document is the equivalent to the Executive Summary of the business plan that the team will develop during the second phase of the competition. A sample of the concept paper is provided at the bottom of this page. Teams must join the 2015 Business Plan Competition Group on meragebpc2015.istart.org before submitting their concept papers.

 

After the concept paper submissions, a panel of judges will select a maximum of 16 teams for participation in Phase II of the competition. The teams selected to continue in the competition as semi-finalists will be notified on February 13, 2015 and coaches will be matched with each of the semi-finalist teams soon thereafter. Awards are given to recognize both the team with the best concept paper for the Campus Wide Division and the team with the best concept papaer for the Undergraduate Division.

 
Phase Two: Business Plan Development Phase
 

The second phase of the competition is composed of semi-finalist teams for both the Campus Wide Division and the Undergraduate Division.  Semi-finalist teams will work with their assigned coach to submit a 15 page business plan (including all appendices) for the competition. Business Plans are due by 11:59 pm, April 20, 2015.

 

The 15-page business plan must be submitted on time in order to compete in the final round of the 2015 Business Plan Competition at the Paul Merage School of Business. Please provide a cover sheet (provided below) that gives the names of the team members including their respective school affiliations, graduate/undergraduate status and e-mail address. This cover page does not count against the 15-page maximum of the business plan. All submitted business plans are required to be uploaded through meragebpc2015.istart.org in .pdf format.

 

The judging of the written business plans is completed by the judges prior to May 15.  The judging of each semi-finalist's presentation will be made to a panel of judges on Friday, May 15, 2015 in our presentation rooms the UC Irvine Student Center on the UC Irvine Campus. This will be an all day event. Judges will make their decisions and the formal recognition of all award winners will be acknowledged that day. 

 



2. Teams BACK TO TOP MENU

All UC Irvine Graduate and Undergraduate students are invited to participate in the business plan competition and to form or be part of a competing team. Teams must have:

- At least three (3) total members:

- At least two (2) members must be registered UC Irvine students*

- At least one (1) member must be a student in one of the Paul Merage School of Business' degree programs**

*A “registered student” is defined as a bona fide student registered at UC Irvine for at least two (2) quarters during the 14-15 academic year.

** full time MBA, fully employed MBA, executive MBA, health care executive MBA, joint-MBA and Masters programs with other UC Irvine Schools, Doctoral or Undergraduate (major and minor) programs 

 

May teams include any non-UC Irvine student members? 

Yes, once the team is organized by a UC Irvine student and has at least one Paul Merage School student member, non- UCI students may participate as Auxiliary Members of the team. New this year, the upper limit on the number of Auxiliary team members, however is three (3) members.  Auxiliary (non-student members) are required to be present with their team during The Competition Finals and Awards event on May 15. This requirement applies to any and all out-of-state team members.

 

Undergraduate Teams:

An undergraduate team is defined as a team in which all team members are current undergraduate students including any Auxiliary Members. One team member must be a registered UC Irvine undergraduate student in the Paul Merage School of Business (majors as well as minors.) Undergraduate teams may compete for all Campus Wide Division Awards as well as for all  Undergraduate Division Awards.

Changes to your team's composition are allowed up to April 20-- the point at which business plans are submitted.  Your final team composition will be considered to be the individuals listed on your business plan cover pages submitted through meragebpc2015.istart.orgPlease keep in mind that should your team win a cash award, University policy requires that all team members split the award evenly.

 

How can I attract more Team Members?

Please use the Facebook group, 2015 Business Plan Competition at The Paul Merage Schoool of Business, discussion wall to advertise your interest in recruiting additional team members.   Of course, use the Competition Kick-off on November 6, 2014 to network with others.

 



3. Business Plan/Idea BACK TO TOP MENU
Teams must present an original idea for a company which may not have been in existence prior to 2013. Teams must be in a "pre-incubator" form and must not have received financial backing by professional third-party accelerators, incubators, existing companies or venture capitalists in an amount totaling over $10,000.
 
Concept Paper and Business Plan Format: 
Concept Papers must not be over three pages, excluding the cover page 
Business Plans must not be over 15 pages, excluding the cover page
 
For both documents:
Margins must not be smaller than ½ of an inch on any side
Body text should be between 11 and 12 points inclusive.
Document text should be single-spaced
Submit documents only as a single file in Adobe Acrobat format (.pdf format).


4. Judging Guidelines BACK TO TOP MENU
The judges are professionals who come from various business backgrounds and include experienced investors (angels, venture capitalists, investment bankers), experienced entrepreneurs and senior business people and service professionals who interact with early stage companies. Each judge is an expert in the process of starting a business. The judges consider specific criteria when evaluating concept papers and business plans, however ultimately, winning teams usually are those in which the judges would most likely invest their own money. This decision is influenced heavily by several factors: 
  1. Size and growth rate of the market addressed
  2. Likelihood that the team can create a sustainable competitive advantage
  3. Simplicity of the business model described
  4. Believability of the business plan

Specifically, judges are asked to evaluate each semi-finalist on the following criteria:

  • 40% - Quality of business plan
      -  Executive Summary & Company Overview
      -  Products or Services
      -  Market Need
      -  Market Potential for Your Product or Service
      -  Competitive Advantage
      -  Management
      -  Financial Forecasts
  • 40% - Impact of Presentation
      -  Provide evidence of a market
      -  Provide evidence of ability to execute
      -  Provide evidence of a return on investment
  • 20% - Judges’ assessment of idea potential

 



5. Award Divisions BACK TO TOP MENU
The 2015 Business Plan Competition at the Paul Merage School of Business is organized into two different divisions: 
 
Campus Wide Division
All teams, including undergraduate teams compete in the Campus Wide Division, as it is open to all UC Irvine students, researchers and staff. Campus Wide Division teams, must have at least three (3) members of which two (2) of members must be registered students at UC Irvine and one (1) of which must be a Merage student. Students and researchers may be from any UC Irvine school or department. The prizes are:
 

  -  First Place Prize: $15,000 Cash
  -  Second Place Prize: $7,500 Cash

  -  Third Place Prize: $2,500 Cash
  -  Best Concept Paper: $500 Cash

  -  TechPortal Calit2 In Kind Award: $2,700

 

Undergraduate Division
On the day of the final presentations, Undergraduate teams not placing in the Campus Wide Division Finals will be considered for awards reserved for undergraduates only. Teams considered for the Undergraduate Awards must have at least three (3) members and be composed of only undergraduates of which two (2) of members must be registered students at UCI and one (1) of which must be a Merage student. The Undergraduate Divsion Awards are:

  -  First Place Prize: $2,500 Cash
  - Second Place Prize: $1,500 Cash
  - Third Place Prize: $1,000 Cash
  -  Best Concept Paper: $500 Cash

 

 



6. Special Awards BACK TO TOP MENU
California Dreamin' Competition:
The winner of the entire competition (including all divisions) has a great opportunity to participate in the California Dreamin' Competition, hosted by Chapman University. On April 26th teams from Universities across California will compete for prizes worth over $100,000. Participating schools include:

  - UC Irvine

  - UCLA

  - UC Berkeley

  - Stanford University

  - Caltech

  - Cal State Fullerton

  - Chapman University

 
 

Calit2 TechPortal Award:

TechPortal is a business technology incubator in the Calit2 Building. Calit2 TechPortal Award goes to the BPC first place winner. It serves as a gateway to commercial viability for UCI-based startup. It includes 6 months free tenancy worth $3,650, offers affordable space, access to facilities, services and mentoring.

 

 

7. UCI IP Bounty Award BACK TO TOP MENU

Displaying Tech Award Slide 01.jpg

 

Tech Surge Technology Listing:

The following UCI intellectual property (IP), managed by the Office of Technology Alliances, may be
selected by teams as the basis for their business plan entered into the 2015 Business Plan Competition
at UCI’s The Paul Merage School of Business for the UCI Institute for Innovation Tech Surge Award .

To learn more about the listed technologies, for further steps or if you have questions regarding this list,
the technologies listed or regarding Tech Surge, please contact Grace Yee at graceyee@uci.edu or 949-
824-3586.
This list may be enhanced as new technologies may become available for Tech Surge. Please contact
Grace Yee if you have any questions about new technologies to be added.
Please note the following as you consider the appropriateness of the technology in your plan:

  •  Some of these technologies may already be licensed to start-ups however the inventors would
    be excited to submit their technologies and start-ups for participation in Tech Surge.
  • The level of the inventor’s participation in Tech Surge will be indicated along with the
    technology’s availability for licensing.
  • The links to the non-confidential disclosures (NCD) for the technologies give a brief technical
    description of them along with their commercial applicability.

The following are the available technologies:

Life Science Tools:
1) 2011-764 Single molecule devices for DNA sequencing and drug screening
http://techtransfer.universityofcalifornia.edu/NCD/22343.html
Inventor may not be available for assistance on this technology.
2) 2014-218 Digital Polymerase Chain Reaction
No NCD available. This technology has been licensed and a start-up has been formed around
this technology.
Inventor has agreed to act as scientific mentor for any teams that elect this technology.

Therapeutics:
1) 2014-802 N-acetylglucosamine analogs for the treatment of Multiple Sclerosis

Multiple sclerosis (MS) is a T-cell mediated autoimmune disorder of the central nervous system.
Current treatment strategies for MS are predominated by injectable therapies that do not target
an underlying cause of the disease, have modest efficacy and have high cost and/or side effects
that limit tolerability and compliance. An oral therapy that promotes self-tolerance by targeting
an underlying disease mechanism, rather than broad and nonspecific immunosuppression,
remains a major unmet need for the management of MS. As a complex trait disease, multiple
genetic and environmental factors combine to influence disease risk in MS. The published data
in both mice and humans for this UCI developed therapy indicates that multiple genetic and
environmental risk factors for MS converge to dysregulate protein N-glycosylation, thereby
driving pathogenic autoimmune T cell responses. Therapeutic supplementation to N-glycan
biosynthesis may provide the first therapy directly targeting an underlying cause of the disease.
Indeed, supplementing the Golgi with the simple sugar N- acetylglucosamine (GlcNAc) rescues
N-glycan branching deficiency in T cells by increasing metabolic supply of substrate to the Golgi
enzymes, suppresses T cell growth and autoimmune T cell responses, prevents and treats mouse
models of MS and/or autoimmune diabetes and improved disease in 8 of 12 human children
with treatment-resistant inflammatory bowel disease. However, as a drug development target,
GlcNAc has significant limitations. GlcNAc has poor membrane permeability, requiring high
concentrations (40-80mM in vitro) for biological effects. GlcNAc that increase membrane
permeability yet are converted back to GlcNAc by endogenous enzymes after entry into the
cytoplasm.
In preliminary studies, scientists affiliated with UCI have identified GlcNAc analogs that are
effective at ~40,000 fold lower concentrations than GlcNAc in vitro, yet increase N-glycan
branching with ~2 fold greater magnitude.
No NCD available. This technology has been licensed and a start-up has been formed around
this technology.
Inventor has agreed to act as scientific mentor for any teams that elect this technology.
2) 2010-964 Known compound to protect or recover sexual function after prostatectomy
http://techtransfer.universityofcalifornia.edu/NCD/22229.html
Inventor has agreed to act as scientific mentor for any teams that elect this technology.

Medical Devices:
1) 2011-816 Optical photodynamic therapy for corneal diseases
http://techtransfer.universityofcalifornia.edu/NCD/21869.html
Inventor has agreed to act as scientific mentor for any teams that elect this technology.
2) 2013-720 Device to monitor inflammation
http://techtransfer.universityofcalifornia.edu/NCD/23376.html
Inventor may not be available for assistance on this technology.
3) 2012-501 Bedbug capture device
http://techtransfer.universityofcalifornia.edu/NCD/23533.html
Inventor has agreed to act as scientific mentor for any teams that elect this technology.
4) 2009-540 Cooling device to speed healing after prostatectomy
http://techtransfer.universityofcalifornia.edu/NCD/21414.html
Inventor has agreed to act as scientific mentor for any teams that elect this technology.

Engineering:
1) 2014-857 & 2014-675 Full duplex wireless communication system
http://techtransfer.universityofcalifornia.edu/NCD/24495.html
Inventor has agreed to act as scientific mentor for any teams that elect this technology.

 

Social Networking Privacy

1) Software for Private Proximity-Based Social Network Interactions
Highlight and FaceBook Friends allow their users to find people nearby with similar interests as
themselves.  Unfortunately these apps are not private and the users’ interactions are recorded
by Highlight and FaceBook.  Also these apps require a connection to the internet in order for
these apps to be used.
Researchers at the University of California, Irvine have developed methodology and software
that may be implemented on a private proximity-based social network that may be developed
as a stand-alone app or applied to an existing social network like LinkedIn. 
The user may set his or her settings to certain requirements like common friends or colleagues,
education background, and employment.  These settings would be used to locate other nearby
users with the user’s desired settings.  The user may continuously adjust his or her settings
depending on his environment to meet different users. This methodology does not require
internet connectivity and when activated as an app, this app alerts users to other nearby users. 
Inventor has agreed to act as technical mentor for any teams that elect this technology.

 

Clean Energy:
1) 2014-269 Carbon capture using less energy
http://techtransfer.universityofcalifornia.edu/NCD/23975.html
Inventor has agreed to act as scientific mentor for any teams that elect this technology.
2) 2011-485 New enzyme for biofuels
http://techtransfer.universityofcalifornia.edu/NCD/21709.html
Inventor may not be available for assistance on this technology.
3) 2012-769, 2011-200 & 2010-158 Energy efficient Inks for solar panels
http://techtransfer.universityofcalifornia.edu/NCD/22008.html
Inventor has agreed to act as scientific mentor for any teams that elect this technology.
4) 2013-252 Coating to reduce thermal heating of buildings
No NCD available.
Inventor has agreed to act as scientific mentor for any teams that elect this technology.

 

Frequently Asked Questions:

Q1: What are the qualifications to be considered for the UCI Institute for Innovation Tech
Surge Awards?
A1: To be considered for the Tech Surge Award, teams must incorporate UCI intellectual
property (IP) which are listed in the BPC pages. Teams must also meet all UCI 2015 Business
Plan (BPC) requirements, as posted on the BPC webpages.

Q2: Can a team win a Tech Surge Award without placing in the finals of the BPC?
A2: Yes. The Tech Surge Award is independently reviewed by a team consisting of OTA
Licensing Officers, Institute for Innovation Entrepreneur’s in Residence (EIR), and VC and Angel
Investors. Even if you do not place in or win in the BPC, you may still be eligible to win the Tech
Surge Award. The Tech Surge Award will be awarded to the team that best matches the
judging criteria set forth by the Institute for Innovation and these criteria are independent from
the main BPC judging requirements.

Q3: Will our team be granted licensing or other rights to the UCI IP that we use in Tech
Surge?
A3: Teams will not be automatically granted IP rights to UCI IP used in Tech Surge. Teams
that would like a license to UCI IP will need to negotiate a license with UCI’s technology transfer
office, the Office of Technology Alliances (OTA). Using the selected UCI IP in the UCI Business
Plan Competition does not confer any right or license to the UCI IP; rather it may serve as the
basis for subsequent license discussions. An executed license agreement is not assured as a
result of your team’s participation in the UCI Business Plan Competition activities and the UCI
Tech Surge award program.

Q4: What are the prizes for Tech Surge?
A4: Up to four (4) $3,500 Tech Surge awards will be offered. Three (3) awards will be open
to campus wide participants, regardless of school affiliation and or graduate/undergraduate
status. One (1) award will be reserved for an undergraduate team. If no undergraduate team
qualifies, the Award will be made available to qualifying campus-wide teams for a total of up to
four (4). For prizes to be awarded submissions must meet the Tech Surge judging criteria.

Q5: Will the UCI inventors be participating with the team on Tech Surge?
A5: The UCI IP inventor is not required to participate on a team applying for the Tech Surge
Award.

Q6: What is the UCI inventor’s level of involvement in Tech Surge?
A6: The UCI inventor’s involvement in Tech Surge is at his or her discretion. We have
reviewed the Tech Surge list of UCI IP so we may include those disclosures with PIs who are
interested in obtaining various commercialization ideas related to their inventions. If you feel that
you will need more help with the technological aspects of the UCI IP than the PI is likely to
provide, you may want to select a different UCI IP where the UCI PI is very interested in
participating with you in Tech Surge. The listing for the UCI IP for Tech Surge will indicate the
level of the UCI inventor’s involvement in Tech Surge. Some inventors may want to be involved
with your team. Again, the level of the UCI inventor’s involvement will be designated on the UCI
IP listing description.

Q7: What are the criteria used to judge the winner of the Tech Surge Award?
A7: For this award, business plans will be reviewed based on the judging panel’s criteria of
fundability via external sources including angel and venture investments or SBIR grants. To
qualify for an award, a business plan must be classified as fundable by the judging committee.
If more plans are classified as fundable, then prizes are available, then prizes will be awarded to
the teams with the most “fundable” business plans.
 

Q8: Who are the judges for the Tech Surge Award?
A8: A review team consisting of OTA Licensing Officers, Institute for Innovation

Entrepreneur’s in Residence (EIR), and VC and Angel Investors.
 

Q9: May a team select more than one (1) UCI IP to enter into Tech Surge?
A9: Yes – one team may select more than one UCI IP to enter into Tech Surge.

Q10: May more than one (1) team select the same UCI IP to enter into Tech Surge?
A10: Yes – more than one (1) UCI IP may have more than one team using it to enter into
Tech Surge. One team may have a completely different business plan from another team on
one UCI IP.

Q11: If we’d like to use UCI IP not listed on the Tech Surge list and we’d like to use our
preferred UCI IP on the list, what do we do?
A11: We may add your preferred UCI IP to the Tech Surge listing of UCI IP on a case by case
basis. To learn more about the next steps to possibly add your preferred UCI IP to the Tech
Surge listing, please contact Grace Yee at graceyee@uci.edu.

Q12: Who is my primary contact for this program?
A12: Grace Yee, OTA Licensing Officer; graceyee@uci.edu; 949-824-3586

 

8. Competition Registration BACK TO TOP MENU

Registering for the 2015 Business Plan Competition at the Paul Merage School of Business is easily completed by:

  1. Go to meragebpc2015.istart.org to register.
  2. ONLY One team member need to create a team Company and fill out the resulting form.
  3. To join the 2015 Business Plan Competition at the Paul Merage School of Business, click on the  "Log In/Registration" tab and click on "Create User Account".
  4. Fill out the necessary information and click "Submit".
  5. An activation e-mail will be sent to your inbox within a few minutes.  Make sure that you click on the link in the e-mail and log in as a new user to activate the account.
  6. Congratulations!!  You have now joined the 2015 Business Plan Competition at the Paul Merage School of Business.
  7. You may now create your team homepage, upload pictures and documents, post your logo and e-mail friends and family about your new business opportunity

 



9. Competition Calendar BACK TO TOP MENU

Thursday, November 6, 2014

2015 BPC Kick-Off

UC Irvine Student Center

Doheny A&B

5:30-8:30 pm

  

Monday, January 12, 2015

Competition Registration Closes

11:59 pm

 

Wednesday, January 14, 2015

2015 BPC Workshop

Assessing the Market

Andy Mindlin, RealWorld Marketing

Merage School Executive Commons, MPAA 100

6-8:30 pm

 

Tuesday, January 20, 2015

2015 BPC Workshop

How to Develop a Winning Concept and Lead Your Team to Success

Charlie Baecker, Don Beall Center for Innovation and Entrepreneurship

John Creelman, Rain Tree Oncology Services

Merage School Executive Commons, MPAA 100

6-8:30 pm

 

Monday, February 2, 2015

Competition Deadline:

Concept Papers Due

Submit via iStart by 11:59 PM

 

Friday, February 6, 2015

2015 BPC Advisory Board Breakfast

Beall Center - Suite 2100, SB1
7:30 am-9:30 am

 

Wednesday, February 11, 2015

2015 BPC Workshop

How to Write a Business Plan

Seth Yakatan, Yakatan and Associates

Merage School Executive Commons, MPAA 100

6-8:30 pm

 

Friday, February 13, 2015

Competition Semi-Finalists Announced

5:00 pm


Wednesday, February 18, 2015

2015 BPC Workshop

Intellectual Property & Protection/Product Development

Sandra P. Thompson, PhD, Buchalter Nemer, APC

Merage School Executive Commons, MPAA 100

6-8:30 pm 

  

Tuesday, April 7, 2015

2015 BPC Workshop

Presentation Skills for Pitching Investors

Mike Cannon, Mainpoint Communications

Merage School Executive Commons, MPAA 100

6:00-8:30 pm

 

Monday, April 20, 2015

Business Plans Due
Submit via iStart by 11:59 pm

 

Thursday, May 7, 2015

2015 BPC Competition Judges Orientation Breakfast

Merage School Executive Commons, MPAA 100

7:30 am-9:30 am

 

Friday, May 15, 2015

2015 BPC Competition Final Presentations and Awards Ceremony

UC Irvine Student Center

Doheny A-D, Emerald Bay A-E, and Crescent Bay A-D

7:30 am-6:30 pm

 



10. Resources for Participants BACK TO TOP MENU

There will be numerous resources available to the teams throughout the competition. They are as follows:

  • Reading materials on this site
  • Links to various websites and online publications
  • Guidelines on what is expected in the concept paper and final business plans
  • Workshops on the key elements of a business plan will be offered from January through April
  • Team coaches for teams selected for Phase II

Resource Center

 



BACK TO TOP MENU