University of San Francisco International Business Plan Competition has been held each year from 2004 to 2009 involving teams of students presenting a business plan to judges. A cash prize is awarded to the winning team.
History
The University of San Francisco International Business Plan Competition was founded in 2003. The founding chair of the contest was Dr. Mark Cannice of the USF School of Business and Management.
The Grand Champion of the 1st annual event was Mobius Microsystems, from the University of Michigan.
2004's Competition drew 25 teams from around the world with an equally impressive panel of judges (e.g. Shawn Fanning), and was featured in SF Chronicle in three separate SFChronicle articles. [1] [2] [3]
In 2005, it was renamed as the USF-Pacific Specialty Insurance International Business Plan Competition in honor of its largest donor. It was also the first time that the Competition was held in conjunction with the San Francisco-Silicon Valley Global Entrepreneurship Research Conference, and was once again featured on SFChronicle [4]. Judges included Intuit Chairman Bill Campbell, Co-founder of Gordon Biersch Brewing Co. Dan Gordon, and CEO of Pacific Specialty Insurance [5] Mike McGraw.
Approximately 90 business plans were submitted from six continents to qualify for the 2006 USF-PSI International Business Plan Competition. 20 were selected for the event held at the Miyako Hotel from March 22 to 25 with the top team automatically qualifying for Moot Corp at UT Austin. By this time, the competition is renowned for its panel of top-notch entrepreneurs and venture capitalists in the Bay Area, and was featured on CNET for the first time [6].
The 2007 USF Contest, held March 25–28, was considered by many judges and participants as the best event yet with a remarkable panel of judges and slate of contestants, with the winner (a life science proposal) coming again from the Univ. of Illinois at Chicago.
To listen to the Elevator Pitches from this year's competition click here. April 1, 2007
The 2008 Contest was held April 3–5 in San Francisco.
The 7th annual USF IBPC was held March 5–6, 2009 and had a new chair, Professor Brett Bonthron.
The winning team of the 2009 contest is from MIT and Boston University.
Prehistory
The first Business Plan Competition at The University of San Francisco was held in June 2000. It was planned, organized, and hosted by the fledgling USF Entrepreneurship Club, an MBA student organization founded in Fall of 1999 seeking to:
- sponsor programs that cultivate the creation of new businesses,
- create a safe environment for students to share ideas and gather support from one another, and
- be a representative voice for entrepreneurial MBA students at USF
The first USF Business Plan Competition was won by
- SonicBit for its interactive digital media terminal, the Atom, to serve the market of social venues with digital content.
The judges for the first USF Business Plan Competition included:
- John Van Dyke, Dakota Group
- Linda Glisson, Glisson Capital
- David Greco, Panoramic Ventures
In the Fall of 2000, the faculty of the USF Business School, led by Mark Cannice, organized the USF New Venture Center (later renamed the Entrepreneurship Program) after which time the Business Plan Competition has been co-organized by both the MBA faculty and the students of the Entrepreneurship Club. Additional competitions were held in Fall 2000, Spring 2001, Fall 2001, and Spring 2002 before the competition was rebranded as "The University of San Francisco International Business Plan Competition" in 2003.
Other Achievements
In Fall 2006, a list compiled by The Entrepreneur Magazine [7] in partnership with The Princeton Review [8] placed USF's MBA Entrepreneurship Program as one of the Top 25 graduate programs.