Tuesday, December 13, 2011, Student Center East: UIC College of Business Administration hosted the seventh annual Concept2Venture (C2V) UIC Campus-Wide Business Plan Competition.
|C2V Director, Professor Rod Shrader thanking participants.||Team NovoView Diagnostics presenting oral business plan.||Dominic Blank presenting 90-second elevator pitch.||Michelle Shah, Dominic Blank and Joseph Sheahan accepting first place prize.|
Thanks to the sponsorship of J.B. & M.K. Pritzker Family Foundation, Cricket Communications Inc., Caterpillar Inc., SNR Denton, ViMedicus Inc., Illinois Ventures, Trillium, Nimlok Chicago, PaloAltoSoftware, the UIC CBA, the UIC Institute for Entrepreneurial Studies, the UIC Family Business Council, the UIC Illinois Small Business Development Center, and Microsoft, 15 Concept2Venture Semifinalist Groups presented C2V business plans and elevator pitches. Contest rules required that oral business plan presentations stay within 15 minutes (followed by up to 20 minutes of Q&A from the judges), while elevator pitches were held to 90 seconds from start to finish.
Also a special thanks to Mr. Raymond J. Roman, UIC alumnus, keynote speaker, and Executive Vice President and COO of Leap Wireless International Inc. / Cricket Inc., as well as thother esteemed judges and UIC alumni.
Congratulations to all C2V participants, and best of luck to the finalists who advance to regional competitions:
Graduate Team First Prize: $5,000 to NovoView Diagnostics (Dominic Blank, Michelle Shah, Joe Sheahan)
Graduate Team Second Prize: $2,000 to Metropolitan Farms (Benjamin Kant)
Undergraduate Team First Prize: $5,000 to True Herban Clothing (Salim Rowe)
Undergraduate Team Second Prize: $2,000 to Caf'Rae Dulce (Eileen Galvin and Rae Gottlieb)
Elevator Pitch: $1,000 to NovoView Diagnostics (Dominic Blank, Michelle Shah, Joe Sheahan)
Sustainability Award: True Herban Clothing (Salim Rowe)
Social Venture Award: IOMI Technologies (Scott Green, Hares Norman, Ryan Roberts, Demetri Sepsis)
Best Non-CBA Award: Terra Energy (Tim Ritter)
|Participants and guests at C2V Lunch.||Team NovoView Diagnostics before the finals.||Team IOMI Technologies awaiting finals.|
To learn more about Concept2Venture, the teams, or the business plans, please visit http://www.uic.edu/cba/ies/C2V/.