Description
In this brief illustration amplify happy holidays from the center for entrepreneurship education and research.
E-Center News & Views December 2011
Happy Holidays from the
Center for Entrepreneurship
Education & Research
In This Issue
Letter from Executive Director
"Reality Check" Undergraduate
Business Plan Competition
UC Spirit of Enterprise
Competition
Innov8 for Health Idea Expo
Entrepreneurship Club Hosts
Guest Speakers
Professor Discusses
Entrepreneurship in Korea
Undergraduate New Venture
Plan Competition Results
E-Center Partners with CCM
NETWORK NOTES
Startup Weekend Coming to
the Tri-State
UC Alum Wins Major
Investment
Artworks - Springboard Wraps
Up Third Edition
Greater Cincinnati Venture
Association
UC Alum Dennis Devlin Named
2011 Entrepreneur of the Year
UC Alums Finding Success
Echoing Green Announcement!
UC Alum Tyler Weaver
Launches Armada Media
CoupSmart Profiled in
Cincinnati Enquirer
SAVE THE
DATE
UC Spirit of
Enterprise Graduate
Business Plan
Competition
February 23 & 24,
2012
******************
NKU
Entrepreneurship
Institute
"Reality Check"
Undergraduate
Business Plan
Competition
Friday
J anuary 27, 2012
Miss A Past
Issue of
E-News & Views?
Click Here
E-Center
Board of Advisors
Chairman:
Tim Fogarty
West Chester Holdings
Vice Chair:
Bill Keating, J r.
Keating Muething
Klekamp PLL
Past Chair:
Chris Nawalaniec
Stedman Machine Co.
Brandee Krabill Anderson
Freelance Marketing
Research Consultant
L. Stephen Boord
Global Fresh Foods
J ohn P. Burns
Cincinnati Bell
Technology
Solutions, Inc.
Bill Cunningham
The Cunningham Group
Chris Downie
SparkPeople, Inc.
Sarah R. Ehrnschwender
UC, College of Nursing
Holbrook M. Forusz
Enhanced Capital
Partners, Inc.
Rick Kieser
Language Logic, LLC
J ean B. Lauterbach
Prism Consulting Inc.
Rob Ratterman
CanDo.com
Tony Shipley
Queen City Angels
David M. Szymanski
Dean, Carl H. Lindner
College of Business
J effrey L. Wyler
J eff Wyler Automotive
Join Our Mailing List!
Letter from the Executive Director
Hello Everyone,
Season's Greetings! It is hard to believe 2011 is rapidly
coming to a close and we will be ringing in 2012 in
short order. As we go to press, exams are done and
students are anxiously awaiting Fall Quarter grades as
they prepare to head home for the Holidays. It is UC's
last Fall Quarter and this time next year, UC's first Fall
Semester in the 21st Century will ring in the New Year!
It may be the beginning of a new era at UC, but as you
look over the Holiday issue of E-News & Views, students, alums, faculty, and
local entrepreneurs continue to create the future on the Entrepreneurship front
both in the classroom and the community. Our undergraduate
entrepreneurship students are working diligently over the Holiday break to
prepare their new venture teams for the 2012 Reality Check Crosstown
Challenge business plan competition J anuary 27, 2012, featuring teams from
Miami, NKU, UC, and Xavier. On the graduate student front, the 2012 7th
Annual UC Spirit of Enterprise Graduate Business Plan Competition will
feature students from top programs across North America (last year featuring
teams from J ohns Hopkins, Michigan, Oregon, Indiana, Louisville, Ohio State,
Purdue, and UC, to name a few) here in Cincinnati February 23 and 24, 2012.
It will be a great opportunity for the teams to showcase their talent and
Cincinnati to showcase what a great place it is to start a business.
Also featured below, UC students set the pace at the recently concluded
Innov8 for Health Idea Expo December 2, 2011, held at the GE Learning
Centre in Evendale. Congratulations to the 29 entries from UC students
across campus, including 10 semifinalists and taking home 1st (Ischiban), 2nd
(One Hand Kitchen Work Space), and 4th Place (MED.net) in the University
track. Pooja Kadambi and her team continue to gain well-deserved
recognition for their new venture concept, Ischiban, the early warning system
for stroke detection. Locally and globally, you will find interesting stories below
about UC Entrepreneurship on multiple fronts.
Be sure to check out Network Notes below, including great success stories
featuring UC alums Kristine Sturgeon, founder of Define My Style, Dennis
Devlin, founder of Consumer Clarity, Derek Brown and Don Hunter,
founders of Acceptd.com, and Tyler Weaver, founder of Armada Media LLC.
We hope you enjoy reading about some of the exciting news and stories and
as always, if you have a story idea, please send it to us at
[email protected] and we will follow-up. With every best wish for a peaceful
Holiday Season and a Happy and Prosperous New Year! All the best for
continued entrepreneurial success!
Charles H. Matthews, PhD
Northern Kentucky University Entrepreneurship Institute
Hosts Regional Undergraduate
Business Plan Competition
NKU is hosting the second annual "Reality Check" Undergraduate Business
Plan Competition on Friday, J anuary 27, 2011, at the NKU Student Union
Ballroom. Ten teams from Northern Kentucky University, University of
Cincinnati, Miami University and Xavier University will compete for $10,000 in
prizes and bragging rights. Thanks to a grant from the Griggs Family
Foundation, the event will showcase the top entrepreneurial teams from the
region that is rich in entrepreneurial programs and talent. All of the competing
schools have been ranked in the top 25 entrepreneurship programs at least
once during the last 5 years. No other region in the country has achieved that
milestone.
The top three preliminary round presentations will move on to the final round,
which will be held in the NKU Student Union Ballroom
beginning at 10:20 AM and is open to the public. At
noon, Guy Kawasaki, founder of Garage.com and
Alltop.com, will keynote via Skype from his office in
Palo Alto, California, about how to create
"enchantment," the art of winning the hearts and minds
of customers.
For more information, click here.
2012 UC Spirit of Enterprise
Graduate Business Plan Competition
February 23 & 24, 2012
Thursday Reception, Team Exhibits, and Tech Check
Friday Competition and Awards Dinner
CINCOM Systems, Inc. World Headquarters, Cincinnati, Ohio
Featuring Cash prizes totaling $20,000
$10,000 Cincom Spirit of Enterprise Champion Award plus an
automatic bid to the 2012 Venture Labs Investment Competition®
(formerly Moot Corp) held at the University of Texas, Austin
1st Runner-Up $3,000 Meridian Spirit Award
2nd Runner-Up $2,000 Queen City Angels First Fund Award
3rd Runner-Up $1,000 Award for Best Exhibit
Additional cash prizes will be awarded to the top team in the Taxi/Limo Round
(Limos provided by Big J oe's Limos)
Best Technology Plan sponsored by Fort Washington Capital Partners
Key Dates for the 2012 UC Spirit of Enterprise Competition
*** Extended Deadline ***
December 30, 2011 Intent to Compete Form Due
J anuary 23, 2012 2-Page Business Plan Summary Due
J anuary 27, 2012 Full Business Plan Uploaded to Competition Website
For more information, click here.
2011 Cincom Spirit of Enterprise Champion TNG Pharmaceuticals
UC Students
Win at the Innov8 for
Health Idea Expo
More than 140 innovative ideas
for improving healthcare from
Greater Cincinnati universities
and the community were
showcased at the Innov8 for
Health Idea Expo at General
Electric Aviation Learning Centre in Evendale, Ohio, on December 2. UC
student Pooja Kadamb, computer engineering, and UC alum J oe Lovelace,
BSME '11, took first-place honors for Icshiban, a unique headband for early
stroke detection designed to save lives.
"The Ischiban team has worked very hard conceptualizing and developing the
science, and now the business model, for this innovative stroke detection
device," commented Charles H. Matthews, PhD, professor and executive
director of the UC Center for Entrepreneurship Education & Research. Team
Ischiban took Dr. Matthews' graduate entrepreneurship new venture creation
class this Fall Quarter. "UC students from across campus, including the Carl
H. Lindner College of Business, College of Engineering and Applied Science
(CEAS), and Design Architecture Art & Planning (DAAP), submitted an
outstanding array of ideas," added Dr. Matthews. In the University track,
DAAP student J oe Bova took 2nd Place for his One Handed Kitchen Work
Station, and DAAP student Priya Chawla took 4th Place for MED.net. Heather
Foley, who will be a graduate student in the College of Nursing in the Winter,
took 2nd Place in the Community Track for her entry Easy Check. Each of the
finalist teams were awarded $1,000.
For the complete story, click here.
Entrepreneurship Club
Hosts Guest Speakers for
Global Entrepreneurship Week
The University of Cincinnati Entrepreneurship
Club and the Center for Entrepreneurship
Education & Research celebrated Global Entrepreneurship Week in November,
hosting several outstanding guest speakers who addressed UC students on
campus. Global Entrepreneurship Week is designed to create life-changing
experiences and spur firm creation around the globe.
Chris Direnzi from Capacity Engineering, Eric Kramer, Eye View Digital,
and Trevor Stansbury from Supply Dynamics all spoke about lessons learned
on their entrepreneurial journey. Professor Tom Dalziel also spoke to UC
students across campus regarding flexibility, creativity, and market validation in
the new venture planning process.
Carl H. Lindner College of Business Professor
Discusses Entrepreneurship in Korea
On November 3, 2011, Charles H. Matthews, PhD, professor and executive
director of the Center for Entrepreneurship Education & Research in the Carl H.
Lindner College of Business at the University of Cincinnati, was a featured
guest on "This Morning," a news radio program in Seoul, Korea. Matthews
commented on the importance of boosting small and medium enterprises.
"The opportunity to be on 'This Morning' was very timely," notes Matthews. A
recent South Korean poll conducted by the Korea Federation of Small and
Medium Business suggests that four in ten South Korean small and medium
enterprises (SMEs) fell the first-half of 2011, when business conditions were
worse than during the 2008 global financial crisis. The survey also notes that
small and medium enterprises are experiencing difficulty in borrowing money
with high interest rates.
For the entire article and audio, click here.
Promising New Ventures
Emerge from the
Undergraduate New
Venture Plan
Competition
This year marks the 7th
consecutive year of the Carl H.
Lindner College of Business
Undergraduate New Venture
Plan Competition. The
competition involves an elevator
pitch, business plan presentation (which SCORE members adjudicated), and a
formal written business plan. The competition was founded by Thomas Dalziel,
PhD, in 2005 and is open to undergraduate students across the UC
campus. This year the students (typically juniors and seniors) were joined by
students from the McMicken College of Arts & Sciences, College of Engineering
& Applied Science, and from our partner schools in France and Austria. "It was
a privilege to work with these students who had just 10 short weeks to conceive
of a promising idea and write a plan for launching their new venture. They did
an excellent job and some promising plans emerged from the process this
year," commented Professor Dalziel.
The 1st Place winner of the competition was the Tek Tak team. Tek Tak's team
members were Stephanie Albers, Breeana Dixon, Rosalie Giesel and Krista
Streckfuss. Second place was presented to the SportsInteraction team and third
place was awarded to the Vaudeville team.
These rankings will contribute to the selection of our best team(s) who will go on
to compete in the Reality Check Business Plan Competition among UC, NKU,
Miami, Xavier, and UDayton on J anuary 27, 2012. Congratulations!
For more information, click here.
SOAPBOX
Cincinnati Startup News
Entrepreneurship Center Partners with
College Conservatory of Music
The University of Cincinnati's Center for Entrepreneurship Education &
Research partners with the UC College Conservatory of Music to offer a major
in Commercial Music Production with an Entrepreneurship Minor.
In the November 15, 2011, edition of Soapbox Cincinnati Startup News, Charles
H. Matthews, PhD, executive director of the Center for Entrepreneurship
Education & Research, describes the importance of entrepreneurial skills and
the value of cross-campus partnerships for students. Realizing the need for both
musical and start-up business skills for those interested in commercial music
production, the center partners with the College Conservatory of Music to offer a
major in Commercial Music Production with a minor in Entrepreneurship.
The article also highlights the center's history, research and offerings.
For the complete story, click here.
NETWORK NOTES
Notes of Interest from the
Greater Cincinnati Entrepreneurship Community
Startup Weekend Coming to the Tri-State
Startup Weekend, supported by The Kauffman Foundation, is a national
organization that fuels local startup events across the globe, and the
Cincinnati area will host the event for the first time on J anuary 13-15, 2012.
Startup Weekend is no ordinary event. It is where like-minded entrepreneurs
gather for a weekend of company creation. In 54 hours, you take an initial idea
from the Friday night pitches to a mind spinning startup company on Sunday
night.
Please visit northernkentucky.startupweekend.org for more details.
UC Alum
Kristine Sturgeon
Wins Major Investment
Kristine Sturgeon, 1996 UC DAAP
Alum, won a $690,000 investment
from CincyTech, Queen City
Angels and the Tech Coast
Angels in Los Angeles for her
venture Define My Style. It all started after her oldest daughter tried in vain to
find a school bag she liked. Sturgeon used her skills from DAAP and from the
software industry to develop Define My Style.
For the complete story, click here.
SpringBoard Wraps Up Third Edition
December marks the end of SpringBoard's third session and on December 20,
sixteen more entrepreneurs will celebrate. 2012 holds many exciting
programs, including the recently added round tables.
SpringBoard is also offering a class "Let's Get Down to Business" on Tuesday,
December 20, from 6:30 to 8:00 PM. Come learn about the newest creative
businesses to launch from SpringBoard.
For more information, click here.
Greater Cincinnati Venture
Association Connects
Entrepreneurs and Investors!
The GCVA was founded in 1985 to
connect entrepreneurs and investors
through monthly meetings. GCVA
provides a forum for innovative startup
companies to present their business to
interested parties in the investment
community. Over 100 startups and early stage businesses have presented
since 2001. The format provides eight minutes for each startup to present their
business case to the group. The presentation should be designed to generate
interest in follow-up meetings with the potential investors in the audience.
Interested entrepreneurs should apply by submitting an online application.
After review by the Presentation Committee, entrepreneurs will be invited to
give their eight minute presentation to the committee. The committee will
provide feedback and advice to the entrepreneur to get the presentation ready
for the GCVA event.
For more information, click here.
UC Alum Dennis Devlin Named
2011 Entrepreneur of the Year
The Legacy Center for Entrepreneurial
Development (formerly the Legacy Connection)
named Dennis Devlin, President, CEO
& Leading Consumer Storyteller of Consumer
Clarity, the 2011 Entrepreneur of the Year.
Dennis is a Carl H. Lindner College of Business
Alumnus, MBA ('05) and MS-Marketing ('06)
and a former student of Professor Charles H.
Matthews' New Venture Creation
course. Devlin commented, "Dr. Matthews was one of the most enthusiastic
professors I encountered at the University. Even after graduation, Professor
Matthews continues to be supportive and I am very appreciative."
For the complete story, click here.
UC Alums Finding
Success with Acceptd
UC Alums Derek Brown and Don
Hunter recently announced that
TechColumbus, along with NCT
Ventures and other private
investors, will invest $500,000 in Acceptd LLC. The company developed a
web-based tool to streamline admissions, currently being used by the
University of Cincinnati.
Derek and Don studied entrepreneurship in the Carl H. Lindner Honors-PLUS
Program.
For the complete story, click here.
Echoing Green Announces
2012 Social Entrepreneur Fellowship
Program
Echoing Green will award twelve to twenty two-
year fellowships to social entrepreneurs around
the world in 2012. The fellowships provide start-
up capital and technical assistance to help new
leaders launch social enterprises and build the
capacity of their social enterprise.
The program seeks individuals or partnerships (organizations led by two
people) with innovative solutions to significant social problems, strategies
designed to create high-impact and sustainable change in people's lives, and
the ability to grow and lead a new organization.
Visit the Echoing Green website for complete eligibility information, application
materials, and profiles of previous fellows and their projects.
For additional RFPs in Philanthropy and Voluntarism, visit
www.echoinggreen.org/fellowship.
UC Carl H. Lindner College of Business Alum Tyler Weaver ('08), a former
Bearcat Bridge Fund recipient, has moved back to Cincinnati and
has launched a new venture, Armada Media LLC.
Armada Media, LLC is a leading online advertising company specializing in
database marketing, providing list management and customer acquisition
solutions. They can help you monetize your customer database, maximize
your offer revenue and help to acquire new customers.
You can visit Armada's website at armadamediallc.com.
Former Small Business Institute® Client,
CoupSmart, Profiled in Cincinnati Enquirer
CoupSmart was recently profiled in the Cincinnati Enquirer's "Enterchange"
series, written by Laura Baverman. Blake Shipley, founder of CoupSmart,
launched his mobile application venture in 2010. With the help of investors,
including his father, Tony Shipley, founder of the Queen City Angels and a UC
Carl H. Lindner College of Business Alum, who encouraged him to reconsider
his original plan and focus on the unique technology that powered CoupSmart.
CoupSmart served as a Small Business Institute®field case study venture in
Professor Tom Dalziel's Entrepreneurship Capstone course, providing
practical experience for our Entrepreneurship students and recommendations
to CoupSmart to help it survive and thrive.
For the complete story, click here
E-Center Staff
Dr. Charles H. Matthews, Executive Director
Sherry Hetzer, Assistant Director
Lauren Hausman, Graduate Student
Contact Us
Center for Entrepreneurship Education & Research
Center Website:http://www.ecenter.uc.edu/
E-mail: [email protected]
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In this brief illustration amplify happy holidays from the center for entrepreneurship education and research.
E-Center News & Views December 2011
Happy Holidays from the
Center for Entrepreneurship
Education & Research
In This Issue
Letter from Executive Director
"Reality Check" Undergraduate
Business Plan Competition
UC Spirit of Enterprise
Competition
Innov8 for Health Idea Expo
Entrepreneurship Club Hosts
Guest Speakers
Professor Discusses
Entrepreneurship in Korea
Undergraduate New Venture
Plan Competition Results
E-Center Partners with CCM
NETWORK NOTES
Startup Weekend Coming to
the Tri-State
UC Alum Wins Major
Investment
Artworks - Springboard Wraps
Up Third Edition
Greater Cincinnati Venture
Association
UC Alum Dennis Devlin Named
2011 Entrepreneur of the Year
UC Alums Finding Success
Echoing Green Announcement!
UC Alum Tyler Weaver
Launches Armada Media
CoupSmart Profiled in
Cincinnati Enquirer
SAVE THE
DATE
UC Spirit of
Enterprise Graduate
Business Plan
Competition
February 23 & 24,
2012
******************
NKU
Entrepreneurship
Institute
"Reality Check"
Undergraduate
Business Plan
Competition
Friday
J anuary 27, 2012
Miss A Past
Issue of
E-News & Views?
Click Here
E-Center
Board of Advisors
Chairman:
Tim Fogarty
West Chester Holdings
Vice Chair:
Bill Keating, J r.
Keating Muething
Klekamp PLL
Past Chair:
Chris Nawalaniec
Stedman Machine Co.
Brandee Krabill Anderson
Freelance Marketing
Research Consultant
L. Stephen Boord
Global Fresh Foods
J ohn P. Burns
Cincinnati Bell
Technology
Solutions, Inc.
Bill Cunningham
The Cunningham Group
Chris Downie
SparkPeople, Inc.
Sarah R. Ehrnschwender
UC, College of Nursing
Holbrook M. Forusz
Enhanced Capital
Partners, Inc.
Rick Kieser
Language Logic, LLC
J ean B. Lauterbach
Prism Consulting Inc.
Rob Ratterman
CanDo.com
Tony Shipley
Queen City Angels
David M. Szymanski
Dean, Carl H. Lindner
College of Business
J effrey L. Wyler
J eff Wyler Automotive
Join Our Mailing List!
Letter from the Executive Director
Hello Everyone,
Season's Greetings! It is hard to believe 2011 is rapidly
coming to a close and we will be ringing in 2012 in
short order. As we go to press, exams are done and
students are anxiously awaiting Fall Quarter grades as
they prepare to head home for the Holidays. It is UC's
last Fall Quarter and this time next year, UC's first Fall
Semester in the 21st Century will ring in the New Year!
It may be the beginning of a new era at UC, but as you
look over the Holiday issue of E-News & Views, students, alums, faculty, and
local entrepreneurs continue to create the future on the Entrepreneurship front
both in the classroom and the community. Our undergraduate
entrepreneurship students are working diligently over the Holiday break to
prepare their new venture teams for the 2012 Reality Check Crosstown
Challenge business plan competition J anuary 27, 2012, featuring teams from
Miami, NKU, UC, and Xavier. On the graduate student front, the 2012 7th
Annual UC Spirit of Enterprise Graduate Business Plan Competition will
feature students from top programs across North America (last year featuring
teams from J ohns Hopkins, Michigan, Oregon, Indiana, Louisville, Ohio State,
Purdue, and UC, to name a few) here in Cincinnati February 23 and 24, 2012.
It will be a great opportunity for the teams to showcase their talent and
Cincinnati to showcase what a great place it is to start a business.
Also featured below, UC students set the pace at the recently concluded
Innov8 for Health Idea Expo December 2, 2011, held at the GE Learning
Centre in Evendale. Congratulations to the 29 entries from UC students
across campus, including 10 semifinalists and taking home 1st (Ischiban), 2nd
(One Hand Kitchen Work Space), and 4th Place (MED.net) in the University
track. Pooja Kadambi and her team continue to gain well-deserved
recognition for their new venture concept, Ischiban, the early warning system
for stroke detection. Locally and globally, you will find interesting stories below
about UC Entrepreneurship on multiple fronts.
Be sure to check out Network Notes below, including great success stories
featuring UC alums Kristine Sturgeon, founder of Define My Style, Dennis
Devlin, founder of Consumer Clarity, Derek Brown and Don Hunter,
founders of Acceptd.com, and Tyler Weaver, founder of Armada Media LLC.
We hope you enjoy reading about some of the exciting news and stories and
as always, if you have a story idea, please send it to us at
[email protected] and we will follow-up. With every best wish for a peaceful
Holiday Season and a Happy and Prosperous New Year! All the best for
continued entrepreneurial success!
Charles H. Matthews, PhD
Northern Kentucky University Entrepreneurship Institute
Hosts Regional Undergraduate
Business Plan Competition
NKU is hosting the second annual "Reality Check" Undergraduate Business
Plan Competition on Friday, J anuary 27, 2011, at the NKU Student Union
Ballroom. Ten teams from Northern Kentucky University, University of
Cincinnati, Miami University and Xavier University will compete for $10,000 in
prizes and bragging rights. Thanks to a grant from the Griggs Family
Foundation, the event will showcase the top entrepreneurial teams from the
region that is rich in entrepreneurial programs and talent. All of the competing
schools have been ranked in the top 25 entrepreneurship programs at least
once during the last 5 years. No other region in the country has achieved that
milestone.
The top three preliminary round presentations will move on to the final round,
which will be held in the NKU Student Union Ballroom
beginning at 10:20 AM and is open to the public. At
noon, Guy Kawasaki, founder of Garage.com and
Alltop.com, will keynote via Skype from his office in
Palo Alto, California, about how to create
"enchantment," the art of winning the hearts and minds
of customers.
For more information, click here.
2012 UC Spirit of Enterprise
Graduate Business Plan Competition
February 23 & 24, 2012
Thursday Reception, Team Exhibits, and Tech Check
Friday Competition and Awards Dinner
CINCOM Systems, Inc. World Headquarters, Cincinnati, Ohio
Featuring Cash prizes totaling $20,000
$10,000 Cincom Spirit of Enterprise Champion Award plus an
automatic bid to the 2012 Venture Labs Investment Competition®
(formerly Moot Corp) held at the University of Texas, Austin
1st Runner-Up $3,000 Meridian Spirit Award
2nd Runner-Up $2,000 Queen City Angels First Fund Award
3rd Runner-Up $1,000 Award for Best Exhibit
Additional cash prizes will be awarded to the top team in the Taxi/Limo Round
(Limos provided by Big J oe's Limos)
Best Technology Plan sponsored by Fort Washington Capital Partners
Key Dates for the 2012 UC Spirit of Enterprise Competition
*** Extended Deadline ***
December 30, 2011 Intent to Compete Form Due
J anuary 23, 2012 2-Page Business Plan Summary Due
J anuary 27, 2012 Full Business Plan Uploaded to Competition Website
For more information, click here.
2011 Cincom Spirit of Enterprise Champion TNG Pharmaceuticals
UC Students
Win at the Innov8 for
Health Idea Expo
More than 140 innovative ideas
for improving healthcare from
Greater Cincinnati universities
and the community were
showcased at the Innov8 for
Health Idea Expo at General
Electric Aviation Learning Centre in Evendale, Ohio, on December 2. UC
student Pooja Kadamb, computer engineering, and UC alum J oe Lovelace,
BSME '11, took first-place honors for Icshiban, a unique headband for early
stroke detection designed to save lives.
"The Ischiban team has worked very hard conceptualizing and developing the
science, and now the business model, for this innovative stroke detection
device," commented Charles H. Matthews, PhD, professor and executive
director of the UC Center for Entrepreneurship Education & Research. Team
Ischiban took Dr. Matthews' graduate entrepreneurship new venture creation
class this Fall Quarter. "UC students from across campus, including the Carl
H. Lindner College of Business, College of Engineering and Applied Science
(CEAS), and Design Architecture Art & Planning (DAAP), submitted an
outstanding array of ideas," added Dr. Matthews. In the University track,
DAAP student J oe Bova took 2nd Place for his One Handed Kitchen Work
Station, and DAAP student Priya Chawla took 4th Place for MED.net. Heather
Foley, who will be a graduate student in the College of Nursing in the Winter,
took 2nd Place in the Community Track for her entry Easy Check. Each of the
finalist teams were awarded $1,000.
For the complete story, click here.
Entrepreneurship Club
Hosts Guest Speakers for
Global Entrepreneurship Week
The University of Cincinnati Entrepreneurship
Club and the Center for Entrepreneurship
Education & Research celebrated Global Entrepreneurship Week in November,
hosting several outstanding guest speakers who addressed UC students on
campus. Global Entrepreneurship Week is designed to create life-changing
experiences and spur firm creation around the globe.
Chris Direnzi from Capacity Engineering, Eric Kramer, Eye View Digital,
and Trevor Stansbury from Supply Dynamics all spoke about lessons learned
on their entrepreneurial journey. Professor Tom Dalziel also spoke to UC
students across campus regarding flexibility, creativity, and market validation in
the new venture planning process.
Carl H. Lindner College of Business Professor
Discusses Entrepreneurship in Korea
On November 3, 2011, Charles H. Matthews, PhD, professor and executive
director of the Center for Entrepreneurship Education & Research in the Carl H.
Lindner College of Business at the University of Cincinnati, was a featured
guest on "This Morning," a news radio program in Seoul, Korea. Matthews
commented on the importance of boosting small and medium enterprises.
"The opportunity to be on 'This Morning' was very timely," notes Matthews. A
recent South Korean poll conducted by the Korea Federation of Small and
Medium Business suggests that four in ten South Korean small and medium
enterprises (SMEs) fell the first-half of 2011, when business conditions were
worse than during the 2008 global financial crisis. The survey also notes that
small and medium enterprises are experiencing difficulty in borrowing money
with high interest rates.
For the entire article and audio, click here.
Promising New Ventures
Emerge from the
Undergraduate New
Venture Plan
Competition
This year marks the 7th
consecutive year of the Carl H.
Lindner College of Business
Undergraduate New Venture
Plan Competition. The
competition involves an elevator
pitch, business plan presentation (which SCORE members adjudicated), and a
formal written business plan. The competition was founded by Thomas Dalziel,
PhD, in 2005 and is open to undergraduate students across the UC
campus. This year the students (typically juniors and seniors) were joined by
students from the McMicken College of Arts & Sciences, College of Engineering
& Applied Science, and from our partner schools in France and Austria. "It was
a privilege to work with these students who had just 10 short weeks to conceive
of a promising idea and write a plan for launching their new venture. They did
an excellent job and some promising plans emerged from the process this
year," commented Professor Dalziel.
The 1st Place winner of the competition was the Tek Tak team. Tek Tak's team
members were Stephanie Albers, Breeana Dixon, Rosalie Giesel and Krista
Streckfuss. Second place was presented to the SportsInteraction team and third
place was awarded to the Vaudeville team.
These rankings will contribute to the selection of our best team(s) who will go on
to compete in the Reality Check Business Plan Competition among UC, NKU,
Miami, Xavier, and UDayton on J anuary 27, 2012. Congratulations!
For more information, click here.
SOAPBOX
Cincinnati Startup News
Entrepreneurship Center Partners with
College Conservatory of Music
The University of Cincinnati's Center for Entrepreneurship Education &
Research partners with the UC College Conservatory of Music to offer a major
in Commercial Music Production with an Entrepreneurship Minor.
In the November 15, 2011, edition of Soapbox Cincinnati Startup News, Charles
H. Matthews, PhD, executive director of the Center for Entrepreneurship
Education & Research, describes the importance of entrepreneurial skills and
the value of cross-campus partnerships for students. Realizing the need for both
musical and start-up business skills for those interested in commercial music
production, the center partners with the College Conservatory of Music to offer a
major in Commercial Music Production with a minor in Entrepreneurship.
The article also highlights the center's history, research and offerings.
For the complete story, click here.
NETWORK NOTES
Notes of Interest from the
Greater Cincinnati Entrepreneurship Community
Startup Weekend Coming to the Tri-State
Startup Weekend, supported by The Kauffman Foundation, is a national
organization that fuels local startup events across the globe, and the
Cincinnati area will host the event for the first time on J anuary 13-15, 2012.
Startup Weekend is no ordinary event. It is where like-minded entrepreneurs
gather for a weekend of company creation. In 54 hours, you take an initial idea
from the Friday night pitches to a mind spinning startup company on Sunday
night.
Please visit northernkentucky.startupweekend.org for more details.
UC Alum
Kristine Sturgeon
Wins Major Investment
Kristine Sturgeon, 1996 UC DAAP
Alum, won a $690,000 investment
from CincyTech, Queen City
Angels and the Tech Coast
Angels in Los Angeles for her
venture Define My Style. It all started after her oldest daughter tried in vain to
find a school bag she liked. Sturgeon used her skills from DAAP and from the
software industry to develop Define My Style.
For the complete story, click here.
SpringBoard Wraps Up Third Edition
December marks the end of SpringBoard's third session and on December 20,
sixteen more entrepreneurs will celebrate. 2012 holds many exciting
programs, including the recently added round tables.
SpringBoard is also offering a class "Let's Get Down to Business" on Tuesday,
December 20, from 6:30 to 8:00 PM. Come learn about the newest creative
businesses to launch from SpringBoard.
For more information, click here.
Greater Cincinnati Venture
Association Connects
Entrepreneurs and Investors!
The GCVA was founded in 1985 to
connect entrepreneurs and investors
through monthly meetings. GCVA
provides a forum for innovative startup
companies to present their business to
interested parties in the investment
community. Over 100 startups and early stage businesses have presented
since 2001. The format provides eight minutes for each startup to present their
business case to the group. The presentation should be designed to generate
interest in follow-up meetings with the potential investors in the audience.
Interested entrepreneurs should apply by submitting an online application.
After review by the Presentation Committee, entrepreneurs will be invited to
give their eight minute presentation to the committee. The committee will
provide feedback and advice to the entrepreneur to get the presentation ready
for the GCVA event.
For more information, click here.
UC Alum Dennis Devlin Named
2011 Entrepreneur of the Year
The Legacy Center for Entrepreneurial
Development (formerly the Legacy Connection)
named Dennis Devlin, President, CEO
& Leading Consumer Storyteller of Consumer
Clarity, the 2011 Entrepreneur of the Year.
Dennis is a Carl H. Lindner College of Business
Alumnus, MBA ('05) and MS-Marketing ('06)
and a former student of Professor Charles H.
Matthews' New Venture Creation
course. Devlin commented, "Dr. Matthews was one of the most enthusiastic
professors I encountered at the University. Even after graduation, Professor
Matthews continues to be supportive and I am very appreciative."
For the complete story, click here.
UC Alums Finding
Success with Acceptd
UC Alums Derek Brown and Don
Hunter recently announced that
TechColumbus, along with NCT
Ventures and other private
investors, will invest $500,000 in Acceptd LLC. The company developed a
web-based tool to streamline admissions, currently being used by the
University of Cincinnati.
Derek and Don studied entrepreneurship in the Carl H. Lindner Honors-PLUS
Program.
For the complete story, click here.
Echoing Green Announces
2012 Social Entrepreneur Fellowship
Program
Echoing Green will award twelve to twenty two-
year fellowships to social entrepreneurs around
the world in 2012. The fellowships provide start-
up capital and technical assistance to help new
leaders launch social enterprises and build the
capacity of their social enterprise.
The program seeks individuals or partnerships (organizations led by two
people) with innovative solutions to significant social problems, strategies
designed to create high-impact and sustainable change in people's lives, and
the ability to grow and lead a new organization.
Visit the Echoing Green website for complete eligibility information, application
materials, and profiles of previous fellows and their projects.
For additional RFPs in Philanthropy and Voluntarism, visit
www.echoinggreen.org/fellowship.
UC Carl H. Lindner College of Business Alum Tyler Weaver ('08), a former
Bearcat Bridge Fund recipient, has moved back to Cincinnati and
has launched a new venture, Armada Media LLC.
Armada Media, LLC is a leading online advertising company specializing in
database marketing, providing list management and customer acquisition
solutions. They can help you monetize your customer database, maximize
your offer revenue and help to acquire new customers.
You can visit Armada's website at armadamediallc.com.
Former Small Business Institute® Client,
CoupSmart, Profiled in Cincinnati Enquirer
CoupSmart was recently profiled in the Cincinnati Enquirer's "Enterchange"
series, written by Laura Baverman. Blake Shipley, founder of CoupSmart,
launched his mobile application venture in 2010. With the help of investors,
including his father, Tony Shipley, founder of the Queen City Angels and a UC
Carl H. Lindner College of Business Alum, who encouraged him to reconsider
his original plan and focus on the unique technology that powered CoupSmart.
CoupSmart served as a Small Business Institute®field case study venture in
Professor Tom Dalziel's Entrepreneurship Capstone course, providing
practical experience for our Entrepreneurship students and recommendations
to CoupSmart to help it survive and thrive.
For the complete story, click here
E-Center Staff
Dr. Charles H. Matthews, Executive Director
Sherry Hetzer, Assistant Director
Lauren Hausman, Graduate Student
Contact Us
Center for Entrepreneurship Education & Research
Center Website:http://www.ecenter.uc.edu/
E-mail: [email protected]
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