CINCINNATI, OH -- 03/05/08 --
The University of Michigan (UM) took 1st
place at the 2008 University of Cincinnati (UC)
Spirit of
Enterprise MBA Business Plan Competition, winning the
Cincom Systems Spirit of Enterprise
$10,000 Champion Award and an automatic invitation to the 2008 MOOT Corp
Super Bowl of World Business Plan Competition with over $100,000 in total
prizes at stake. Indiana University, University of Oregon and University of
Wisconsin won awards in the Final Four Championship Round.
The UM team of Angelo Adams, Ambra Heard, Sherman Powell, Parren James, and
Ben Kozma presented their business plan titled ArmyProperty.com, a military
inventory tracking system, to an esteemed panel of bankers, venture
capitalists and business leaders in a hotly contested and well-fought
battle of ideas from some of the best and brightest in top collegiate North
American business schools.
Entrepreneurial Battle of Ideas
The 2008 UC Spirit of Enterprise MBA Business Plan Competition, hosted and
sponsored by Cincom Systems, is an invitational forum for next generation
entrepreneurs to "road test" business-venture concepts -- ideas that may
have a powerful effect on business and the world.
The 2008 Competing Teams
-- Indiana University
-- Kennesaw State University
-- Loyola Marymount University
-- University of Arkansas
-- University of Cincinnati
-- University of Georgia
-- University of Illinois - Chicago
-- University of Louisville
-- University of Manitoba
-- University of Michigan
-- University of Oregon
-- University of Wisconsin
-- Wake Forest University
-- Washington University - St. Louis
Awards were also given for best exhibit, best technology plan and the
taxi/limo competition:
2008 UC Spirit of Enterprise Winners
Best Exhibit Awards
3rd Place ($150) - U of Oregon
2nd Place ($200) - U of Illinois Chicago
1st Place ($400) - Loyola Marymount U
Best Technology Plan Award $1,000
University of Wisconsin - Madison
Faculty Advisor: Phil Greenwood
Team Members: Tyler Leeper
Business Plan: ProactiCare, LLC
Concept Focus: Patient monitoring system
Taxi/Limo Round Award $1,000
University of Illinois - Chicago
Faculty Advisor: Dr. Rod Shrader
Team Members: Darius Kaulius, Gokul Kumar, Thomas Triantafillou
Business Plan: Bioregenix Corp.
Concept Focus: Heart muscle tissue regeneration technology
Championship Round Awards
Third Runner-Up Championship Round Excellence Award $500
University of Oregon
Faculty Advisor: Don Upson
Team Members: Andrew Earle, Bill Sedlak, Cody Stavig, Peter Vomocil
Business Plan: TakeShape, LLC
Concept Focus: 3-D body scanner
Second Runner-Up Queen City Angels First Fund Award $2,000
Indiana University
Faculty Advisor: Dr. Donald Kuratko
Team Members: Justin Chafe, Andrew Vincent, Stephen Wolff
Business Plan: Adora Interactive Corporation
Concept Focus: Integrated e-commerce and social networking
First Runner-Up Championship Round Spirit Award $3,000
University of Wisconsin - Madison
Faculty Advisor: Phil Greenwood
Team Members: Tyler Leeper
Business Plan: ProactiCare, LLC
Concept Focus: Patient monitoring system
2008 Sponsors: Cincom Systems, Inc.; Meridian Bioscience, Inc.; Queen City
Angels; Fort Washington Capital Partners and The Ohio Capital Fund;
CincyTech; Keating Muething & Klekamp LLP; Greater Cincinnati Venture
Association; River Cities Capital Fund; and Cincy Magazine. Limos provided
by Executive Transportation.
Cincom
Systems, one of the world's largest independent software companies,
celebrating its 40th year of operations, hosted and sponsored the 2008
Annual University of Cincinnati (UC) Spirit of Enterprise MBA Business Plan
Competition, on Thursday, February 28 and Friday, February 29, 2008.
About the UC Center for Entrepreneurship Education and Research (E-Center)
Founded in 1997 by Dr. Charles H. Matthews, the E-Center's vision and
mission is to "...create gateways and remove barriers to entrepreneurship…"
and provide a state-of-the-art entrepreneurship curriculum and research
base not only for potential student entrepreneurs and scholars, but also
for people in the many organizations that interact with small,
entrepreneurial and family-owned businesses on a daily basis. The
University of Cincinnati has been ranked as one of the top 50 programs for
entrepreneurship in the U.S. by Success magazine and one of the top
programs in the U.S. (Entrepreneur Magazine) in 2003, 2004 and 2005.
For more information:
Charles H. Matthews, Ph.D.
Executive Director, UC Center for Entrepreneurship Education & Research
Professor of Entrepreneurship & Strategic Management
College of Business
University of Cincinnati
Phone: 513-556-7123
Email: charles.matthews@uc.edu
About Cincom
Cincom develops, delivers and supports innovative
software and services to simplify complex business processes. For 40
years, Cincom has enabled thousands of clients worldwide to increase
revenue, control cost, minimize risk and achieve rapid ROI.
Cincom serves clients on six continents including Citibank, Boeing,
Ericsson, Penn State University, Milacron, Siemens and Trane. For more
information about Cincom's products and services, contact Cincom at
1-800-2CINCOM (USA only), send an e-mail to info@cincom.com, or visit the
company's website at www.cincom.com.
Cincom and the Quadrant Logo are registered trademarks of Cincom Systems,
Inc. All other trademarks belong to their respective companies. ©2008
Cincom Systems, Inc. All Rights Reserved.
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Media Contact:
Steve Kayser
Public Relations
Cincom Systems, Inc.
513.612.2348
Email Contact
