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Starting and Operating a Venture Planning Contest

Starting and Operating a Venture Planning Contest. August 11, 2009 W. L. Dougan University of Wisconsin - Whitewater. Overview. PART I: Our Contest PART II: Tips PART III: Contest in a Box. UWW Contest. Fourth Year ~ 60 entries $10K prizes

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Starting and Operating a Venture Planning Contest

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  1. Starting and Operating a Venture Planning Contest August 11, 2009 W. L. Dougan University of Wisconsin - Whitewater

  2. Overview • PART I: Our Contest • PART II: Tips • PART III: Contest in a Box

  3. UWW Contest • Fourth Year • ~ 60 entries • $10K prizes • Modeled after WI Governor’s Business Plan Contest • Graduate and Undergraduate • Draws from across campus • Starts in Fall, Final Event in Early May

  4. Tips • Network in your institution • Administration • University Development Staff • Disciplinary faculty • Include external parties • Alumni • Economic Development Groups • Media • State Staff • Secure Resources • Money • People • Logistic

  5. Tips (Continued) • Think about design early • Who is eligible? • What is process? • What are evaluation criteria? • For-profit versus Not-for-profit • Plans or abstracts? • Support the contestants • Curriculum • Club events • Lectures • Other Contests • Multi-stage judging

  6. Tips (continued) • Timing is important • Fall allows winner to go to other collegiate contests and WI Governors Business Plan Contest • Spring fits with academic year • Get Feedback • Make a Book of Knowledge

  7. Contest in a Box • Narrative Document • Based on our experience • Electronic Documents • Judge Communications • Contestant Communications • University Officials Communications • Publicity Folder • Technical Materials Folder • Vendor Information • Chronology of Events

  8. Thanks to • We Energies • Penny Scheuerman • Tony Gierczak • Aaron Schuett

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