2017 Business Model Competition

 

 

                                                                   Link to instructional video

 

 

                                          

 

Link to instructional video

Competition Timeline PDF download here

Cash Prize Pool: $7,500

In-Kind Prize Value: $21250

Welcome Rowan Students to the 2017 Business Model Competition! If you have not logged in before, please click the REGISTER button and follow the instructions. If you have already registered, please log in using your e-mail address and password.

 

Overview:

The Rowan University Business Model Competition is designed to support ideas, concepts, and seed-stage companies through impactful monetary rewards as well as strong, ongoing, in-kind support. Capital is an important part of our awards, but we place an even larger value on the network, investor exposure, and mentorship we award our winners. You should too!

 

Prizes: 

1st Place: $4,000 in cash and approximately $6,250 in in-kind prizes

  • 4 hours of consulting and basic marketing / social media services - Donated by 215 Marketing ($800 value)
  • Free LivePlan 3 month account - Build your plan, financials, and prepare the documents you need to accelerate your business. - Donated by www.liveplan.com ($100 value)
  • Free logo design - Donated by Hatch House Ventures ($100 value)
  • Free 60-second animated product video OR 120-second filmed video & 10 product pictures - Donated by Hatch House Ventures ($2,500 value)
  • 5 hours of accounting structuring and advice including filing of year-end tax return for your business- Donated by Ruotolo, Spewak & Co - Dan Ruotolo CPA MS ($1,000 value)
  • 2 hours of general law - Donated by Ballard Spahr LLP ($500 value) OR - 2 hours of intellectual property consultation - Sponsored by Archer Law & Frank Lauletta of ​Lauletta Birnbaum, LLC ($500 value)
  • 2 hour of capital strategy consultation - Gen-Y Consultants ($250 value)
  • Web development and site optimization consultation - Donated by WaterFront Media ($1,000 value)

2nd Place: $1,500 in cash and approximately $4,700 in in-kind prizes

  • 2 hours of consulting and basic marketing / social media services - Donated by 215 Marketing ($400 value)
  • Free LivePlan 3 month account - Build your plan, financials, and prepare the documents you need to accelerate your business. - Donated by www.liveplan.com ($100 value)
  • Free logo design - Donated by Hatch House Ventures ($100 value)
  • Free 60-second animated product video OR 120-second filmed video & 10 product pictures - Donated by Hatch House Ventures ($2,500 value)
  • 3 hours of accounting structuring and advice including filing of year-end tax return for your businessDonated by Ruotolo, Spewak & Co - Dan Ruotolo CPA MS ($600 value)
  • 1 hours of general law - Donated by Ballard Spahr LLP - OR - 1 hour of intellectual property consultation - Sponsored by Archer Law & Frank Lauletta of ​Lauletta Birnbaum, LLC ($250 value)
  • 2 hour of capital strategy consultation - Gen-Y Consultants ($250 value)
  • $500 in web development and site optimization consultation - Donated by WaterFront Media

3rd Place: $1,000 in cash and approximately $4,025 in in-kind prizes

  • 1 hours of consulting and basic marketing / social media services - Donated by 215 Marketing ($200 value)
  • Free LivePlan 3 month account - Build your plan, financials, and prepare the documents you need to accelerate your business. - Donated by www.liveplan.com ($100 value)
  • Free logo design - Donated by Hatch House Ventures ($100 value)
  • Free 60-second animated product video OR 120-second filmed video & 10 product pictures - Donated by Hatch House Ventures ($2,500 value)
  • 2 hours of accounting structuring and advice (no tax filing)-  Donated by Ruotolo, Spewak & Co - Dan Ruotolo CPA MS  ($400 value)
  • Free logo design - Donated by Hatch House Ventures ($100 value)
  • 1 hours of general law - Donated by Ballard Spahr LLP - OR - 1 hour of intellectual property consultation - Sponsored by Archer Law & Frank Lauletta of ​Lauletta Birnbaum, LLC ($250 value)
  • 1 hour of capital strategy consultation - Gen-Y Consultants ($125 value)
  • $250 in web development and site optimization consultation - Donated by WaterFront Media

4th Place: $500 in cash and approximately $3,150 in in-kind prizes

  • 1 hours of consulting and basic marketing / social media services - Donated by 215 Marketing ($200 value)
  • Free LivePlan 3 month account - Build your plan, financials, and prepare the documents you need to accelerate your business. - Donated by www.liveplan.com ($100 value)
  • Free 60-second animated product video OR 120-second filmed video & 10 product pictures - Donated by Hatch House Ventures ($2,500 value)
  • Free logo design - Donated by Hatch House Ventures ($100 value)
  • 1 hours of general law - Donated by Ballard Spahr LLP - OR - 1 hour of intellectual property consultation - Sponsored by Archer Law & Frank Lauletta of Lauletta Birnbaum, LLC ($250 value)

5th Place: $500 in cash and approximately $3,150 in in-kind prizes

  • 1 hours of consulting and basic marketing / social media services - Donated by 215 Marketing ($200 value)
  • Free 60-second animated product video OR 120-second filmed video & 10 product pictures - Donated by Hatch House Ventures ($2,500 value)
  • Free LivePlan 3 month account - Build your plan, financials, and prepare the documents you need to accelerate your business. - Donated by www.liveplan.com ($100 value)
  • Free logo design - Donated by Hatch House Ventures ($100 value)
  • 1 hours of general law - Donated by Ballard Spahr LLP - OR - 1 hour of intellectual property consultation - Sponsored by Archer Law & Frank Lauletta of ​Lauletta Birnbaum, LLC ($250 value)

 

What this competition is not:

1.) This competition is not a "black hole" of applicant submissions. Ever spend endless time on an application only to never hear feedback on why you didn't advance? We understand that feeling. We promise sound advice and critique. If you do not advance, you will leave with an understanding on where your model fell short and where you can improve upon it.

2.) This contest does not supply you with just capital. We've partnered with service providers and consultants in the Rowan University community to provide our finalists real value via pitch opportunities to take your model to the next level. Furthermore, our partners consist of service professional providers and a consulting firm, Gen-Y Consultants, that will show you how to effectively use your earned winnings to their highest potential. 

Judges:

We have judges with experience in virtually every field, so each type of applicant will be appointed a judge with knowledge and insight into your business model. That said, it is not the industry we are judging, but rather the commercialization strategies, market acumen, and company promise you demonstrate through your thoughtful responses to our application. 

Our judges range in industries such as venture capital, consultants, business owners, angel investors, and CEOs.

Eligibility:

If you can answer "Yes" to the following question, you and/or your team are eligible to apply:

1.) Is one or more team members of your competition a Rowan Student (undergraduate, graduate, or doctoral)?

 

 

Learn More About Hatch House Ventures @ Rowan University:

 

 

 

Sponsored by