The UC Center for Entrepreneurship Education & Research is pleased to announce that the University of Cincinnati and Cincom Systems will be hosting the 2012 UC Spirit of Enterprise Graduate Business Plan Competition February 23 & 24, 2012. The competition will be held in Cincinnati, Ohio at the World Headquarters of Cincom Systems, Inc. This is a great venue not only in which to compete, but to see one of the great entrepreneurial success stories in the software industry and network with the founder, Mr. Tom Nies.
The event will commence at 6:00 p.m. on Thursday, February 23, (Team set-up begins at 5:00 p.m.) with a Team Exhibit, evening reception for guest teams, followed by a tech check in preparation for the next day's presentations. On Friday, February 24, the UC Spirit of Enterprise Competition will kick off at 8:00 a.m. and continue through 5:00 p.m., at which point the awards reception/dinner will be held. The evening will conclude approximately 8:00 p.m.
Participating teams will have multiple opportunities to present their new venture concepts and receive feedback from esteemed judges and entrepreneurs. All teams will compete in the morning preliminary rounds, with the final four advancing to the Championship Round where they will compete for the $10,000 Cincom Spirit of Enterprise Award. The remaining teams will move on to the UC Taxi /LimoCompetition. The UC Taxi/Limo Competition, will give teams a ten minute limo ride mirroring a chance encounter with a potential angel investor. Cash prizes will be awarded to those teams who convince him/her of their business plan viability - before the ride comes to a halt.
Awards for this year's competition will feature cash prizes totaling $20,000, with first place being the $10,000 Cincom Spirit of Enterprise Champion Prize and an automatic bid to the 2012 Venture Labs Investment Competition® (formerly Moot Corp Competition). Other cash prizes will be allotted to the second and third place recipients of the Finalist Round, first place in the UC Taxi/Limo Competition, and the winner of the Best Technology Plan.
All schools wishing to participate in the 2012 Spirit of Enterprise Competition must submit the Intent to Compete from by the due date below.
Key Dates for UC Spirit of Enterprise Graduate Business Plan Competition