New Venture Challenge Entrepreneurship In Music

Description
This detailed description about new venture challenge entrepreneurship in music.



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- Fact Sheet -

6+# 0,2'7,& "#$ %#&'()# *+,--#&.# is a contest to encouiage new thinking anu
innovative iueas in music. It gives stuuents the oppoitunity to uevelop a business
plan that coulu iesult in the launch of a new entiepieneuiial initiative. Entiants
must cieate anu piesent a thoiough business plan that uemonstiates cieativity anu
potential foi success. The plans will be evaluateu in a pieliminaiy iounu by a panel
of juuges. Entiies may be fiom inuiviuuals oi teams of up to foui stuuents. Two to
foui stuuent entiies will be inviteu to paiticipate in the final iounu wheie each
enteipiise will be evaluateu on both the wiitten plan anu an oial piesentation.
Successful entiants will have uemonstiateu cieativity, innovation, uniqueness, anu
auueu value to the music fielu. Woikshops anu team consultations aie available to
stuuents thiough the Institute foi Nusic Leaueiship.

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Fiist piize: $2,uuu*
Seconu piize: $Suu*
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The Ewing Naiion Kauffman Founuation giant to the 0niveisity of Rochestei began
a uialogue among the Schools within the 0niveisity that iesulteu in a much bioauei
uefinition of entiepieneuiship than is usually founu in business. "ueneiating anu
tiansfoiming iueas into enteipiises that cieate value" is a uesciiption that
encompasses all aieas of stuuy anu is the uefinition in use at the Eastman School.

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Impoitant uates iegaiuing the woikshops anu uue uates aie outlineu below.
E#;'&&#($#$ F'+G06'. "#+5#0 H with Nichael Reeu, Assistant Biiectoi of the Centei
foi Nusic Innovation anu Engagement, will take place in the INL 0ffice
• Tuesuay, Septembei 29, 2u1S, Noon - Iuea ueneiation
• Tuesuay, 0ctobei 27, 2u1S, Noon - Pioject Feasibility
• Tuesuay, Becembei 1, 2u1S, Noon - Business Plan Wiiting
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• Nonuay, Apiil 11, 2u16 Pioposal Bue
• Nonuay, Apiil 18, 2u16 Announcement of Finalists
• Week of Nonuay, Apiil 2S, 2u16 Final Rounu
Attenuance by possible paiticipants is 2')<&.-= encouiageu as fuithei contest
uetails anu infoimation about business planning will be shaieu.
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The contest is open to all stuuents who aie eniolleu in a full-time 0niveisity of
Rochestei uegiee piogiam anu aie in goou acauemic stanuing.
• Entiies can be by inuiviuuals oi teams of up to foui membeis.
• Business plans must be oiiginal woik.
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A Business plan that incluues:
• Executive Summaiy
• Company Besciiption
• Piouuct oi Seivice
• Naiket Analysis
• Stiategy anu Implementation
• Nanagement Team
• Financial Plan
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• }uuges will be selecteu fiom expeits in the fielu.
• The Eastman New ventuie Challenge ieseives the iight not to select a
winnei.
• Seveial seconu piizes may be awaiueu.
• Entiants aie encouiageu to seek auvice fiom Eastman faculty anu staff.
Foi moie infoimation please visit ESNNewventuie.com oi call the Institute foi
Nusic Leaueiship at (S8S) 274-111S.


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