PASSHE First Annual Student Business Plan Competition

Pennsylvania State System of Higher Education

University Economic Development AssociationAwards of Excellence 2012

INNOVATION AND ENTREPRENEURSHIP

Greetings From Dr. John Cavanaugh, Chancellor

Dr. John Cavanaugh, ChancellorPennsylvania State System of Higher Education

Greetings From Dr. John Cavanaugh, Chancellor

THE CHALLENGE PASSHE Student Business Plan Competition

• Fourteen Universities• 46,000 Square Miles• 120,000 Students• Limitless Possibilities

TECHNOLOGY Kauffman Foundation iSTART Portal

INFRASTRUCTURE PASSHE Student Business Plan Competition

Fourteen Entrepreneurial Leadership Centers

Mission: To develop an entrepreneurial culture within PASSHE universities that encourages students to create companies and jobs across the Commonwealth of Pennsylvania.

COLLABORATION PASSHE Student Business Plan Competition

WEEKLY CONFERENCE CALL MEETINGS

• Office of the Chancellor• Five Small Business Development

Centers (SBDC) • System’s Foundation • Mentors: faculty, staff, business

On-Line Business Plan Training Sessions Rob Weber - Wharton Business School

MediaSite - 334 total views • IDEA Opportunity• BUSINESS Opportunity• INVESTMENT Opportunity

COLLABORATION PASSHE Student Business Plan Competition

Technology Transfer SupportOffice of the Chancellor

Entrepreneurial Curriculum Assessment – ELC Directors

RESOURCES PASSHE Student Business Plan Competition

STATEWIDE PARTNERSHIPS PASSHE Student Business Plan Competition

JUDGES• Pennsylvania Angel Network• Ben Franklin Technology Partners• Pennsylvania State Employees

Credit Union (PSECU)• Apparel, Inc.• Osage Venture Partners

INCENTIVESPASSHE Student Business Plan Competition

AWARDS

• $10,000 First Place• $5,000 Second Place• $2,500 Third Place

PARTICIPATIONPASSHE Student Business Plan Competition

STUDENT PARTICIPATION • 236 students submitted business ideas• 48 students selected as semi-finalists• 25 finalists selected• 3 winners

TOP TEN MAJORSBusiness, Marketing, Communications, Education, Computer Science, Entrepreneurship, Finance, Accounting, Sports Management, Social Work

SPONSORSPASSHE Student Business Plan Competition

SPONSORS• Pennsylvania State Employees

Credit Union • Pennsylvania Department of Community and Economic Development• JP Morgan • Pennsylvania Angel Network

PUBLIC & PRIVATE PARTNERSHIPS

Pennsylvania State Employees Credit Union (PSECU)• One of the largest credit unions in

PA serving more than 380,000 members• Platinum Sponsor• Competition Judge• Business Plan Training Sessions• Gregory Smith, PSECU President, Guest

Speaker

SPONSORSPASSHE Student Business Plan Competition

SPONSORSPASSHE Student Business Plan Competition

AWARD CEREMONYPASSHE ADVOCACY DAYS

ADVOCACY DAYS – Two day event for University-Legislator meetingsApril 2-3, 2012

Participants - Board of Governors, Presidents, Students, Alumni and Legislators

PASSHE Student Business Plan Competition Award Ceremony

• Replicability - technology,

infrastructure - “COORDINATION”

• Scalability - large, small, rural, urban

• Sustainability – System Foundation

PASSHE Student Business Plan Competition

First Place - Jonathan Weber eDentified People Search

Second Place - Chaz Sztroin Championship Fighting Series

Third Place - Michael Grimm and James Rodriguez SMIConnect.com

X-FACTOR PASSHE STUDENTS

• Academic experience

• Entrepreneur

• Employer

• Networking Opportunities

IMPACTStudent Business Plan Competition

SECOND PASSHE Student Business Plan Competition

2012-2013 PASSHE Student Business

Plan Competitionwww.passhebiz.org

QUESTIONSThank You!