Be Your Own Boss Bowl

 

Congratulations to the 2018 Be Your Own Boss Bowl Winners!

Grand Prize:
UniFi

submitted by Jessica Rothstein, Student, Fox School of Business

Crowd Favorite:
UniFi

submitted by Jessica Rothstein, Student, Fox School of Business

Undergraduate Track 

First Place:
Kovarvic LLC – (C.A.L.M.)
submitted by Daniel Couser, Fox School of Business

Second Place:
ConsiderCode, LLC
submitted by Kavun Nuggihalli, College of Science and Technology

Third Place:
HemaSense
submitted by Shreyas Chandragiri, Paul Gehret, and Kyle Jezler, College of Engineering

Fourth Place:
Jewish EDM
submitted by Justin Asaraf, School of Theater, Film, and Media Arts

Upper Track Finalists

First Place:
UniFi
submitted by Jessica Rothstein, Student, Fox School of Business

Second Place:
Y Space, LLC
submitted by Zilong Zhao, Alumni, Fox School of Business

Third Place:
Osprey Drone Services
submitted by David Ettorre, Alumni, Fox School of Business

Fourth Place:
RFPeasy
submitted by Robert Arnold, Alumni, Fox School of Business

Social Impact Track Finalists

First Place:
Ovarian Lab
submitted by Emily Kight, Student, College of Engineering

Second Place:
ME.mory
submitted by Thomas Dixon, Alumni, College of Education

Third Place:
Seeds Job Fair
submitted by Aiman Azfar A Rahman, Student, Fox School of Business

Fourth Place:
ZAKYA
submitted by Abdulrahman Mohammed, Student, Fox School of Business

 


The Be Your Own Boss Bowl Competition started in 1997 at Temple University as the “Business Plan Competition” and has since evolved into the Be Your Own Boss Bowl, one of the nation’s most lucrative pitch competitions for aspiring entrepreneurs.

Developed by the Innovation and Entrepreneurship Institute, this innovative business plan competition encourages Temple students and alumni to discover all aspects of entrepreneurship, networking and how to write strategic business plans.

 


Eligibility

BYOBB is open to Temple University undergraduate and graduate students, and alumni who have graduated within the past five years.

  • Participants are encouraged to work in teams (up to four members) but may also enter as an individual entrepreneur.
  • Teams must register a team leader, list team members, and enter all submissions through the competition website.
  • The designated team leader must be a Temple University degree candidate (undergraduate or graduate) or alumni who has graduated no earlier than December 2012.
  • The Temple student or recent graduate should be part of the founding team and a significant equity holder, if equity has been distributed.
  • Faculty and staff can provide an advisory, mentoring role as long as they do not hold a stake in the student’s company either now or in the future.
  • Each participant will compete in one of three competition tracks:
    1. Undergraduate Track
    2. Upper Track: Graduate Student / Alumni
    3. Social Impact
  • Any team with a member who is not an undergraduate student will automatically be grouped into the Upper Track.
  • Teams may include members without ties to Temple (students from other universities, etc.), but the team leader must be affiliated with Temple University.
  • Submissions may include a new or an existing business.
  • Company expansions will not be accepted.
  • Existing businesses must be less than two years old as of January 30, 2018, have raised less than $50,000 from external funding, and have gross sales of less than $100,000 as of December 31, 2017.
  • Previous First or Grand Prize BYOBB winners are not eligible with the same business idea. If you are a former First or Grand Prize BYOBB winner, and you have a new concept to enter, please contact IEI Executive Director Ellen Weber before entering to discuss.
  • Cross-discipline teams are encouraged. Only one entry may be submitted per team.
  • For-profit and social impact businesses are all eligible. Nonprofits are not eligible.

*Submissions that are written by others and submitted under false pretenses into the Be Your Own Boss Bowl® are expressly prohibited and subject to Temple University disciplinary policies regarding code of conduct and cheating.


Application

Step 1: Register for a Mentor

Click here to register for a mentor now.

After registering, you will be assigned a mentor and begin to receive updates about resources supporting the BYOBB competition. You will also receive a link to sample winning business plans and an e-book about creating high-quality pitch decks.

Step 2: Submit Your Application

Visit the submission portal here.

As a reminder, the ten-page business plan is no longer a requirement for the BYOBB. Please see below for important submission guidelines.

All submissions must include the following:

  • 1-2 page Executive Summary (There is a template attached to this email that you can use as a guide.)
  • Brief company description containing no more than 200 characters explaining your company, product, or service
  •  Pitch deck (Pitch deck guidelines are attached to this email and will guide you through the content you should include.)
    • In the “Notes” section of each slide, please be sure to include an explanation of content on that slide.
    • Please note that you do not need to follow the exact order of slides found in the guidelines, but you do need to include all of the information somewhere.
    • If you need 1-2 slides to convey topic-specific information, that is okay, but you should be able to deliver the presentation in 9 minutes.

Please use spell check, proper grammar and complete sentences. Do not use slang, curse words or overly casual English. Consider having your business plan reviewed by a professor, professional colleague, the Temple Writing Center or your assigned mentor prior to submission.

Resources to help with your submission:

2018 Executive Summary Template

Pitch Deck Guidelines

Sample Pitch Deck

2018 Judging Rubric


Prizes

GRAND PRIZE: $40,000
2018 Track Prizes TBA

Non-cash prizes include accounting, legal and marketing services, as well as entry into the IEI Summer Studio.


Follow the Roadmap to Competition Success

IEI hosts information sessions, workshops, and mentoring sessions throughout the semester to help participants prepare a successful submission to the BYOBB. Click an event below to register now!

Tuesday, January 23rd — BYOBB Information Session (WebEx)
Wednesday, January 24th — BYOBB Information Session (In Person)
Wednesday, January 31st — Workshop: Customer Discovery
Wednesday, February 2nd — Workshop: Financials Made Easy
Tuesday, February 20th — BYOBB Information Session (WebEx)
Wednesday, February 21st — Workshop: Pitch Decks
Wednesday, February 28th — ESA Peer Mentoring Session
Wednesday, February 28th — Workshop: Competitive Positioning
Tuesday, March 13th — Expert Mentoring Session
Thursday, March 15th — Submissions Due by 11:59pm


How Do I Get Help?

IEI Resources

BYOBB One-on-one mentoring with an experienced entrepreneur that you are matched to based on your needs and industry.  Mentors come through the Greater Philadelphia Senior Executive Group (GPSEG) and other organizations.

BYOBB On-demand mentoring sessions with senior executives on the financials, strategy, marketing, and other challenging sections of your business plan.  Sessions take place in the Alter Hall, IEI Lab (503d).  Dates TBA!

Sessions with entrepreneurial strategists, who will speak with you over the phone about any questions your team has.  Please come prepared, as you are limited to 30 minutes and one session per company. Register here.

IEI information and mentoring sessions held in the IEI Lab, 503D – Alter Hall and led by Temple faculty and experienced industry professionals. See the calendar for upcoming dates.

Materials: Upon registering, you will receive a link to sample plans and an e-book on creating high-quality pitch decks.

Temple University Resources

Blackstone Launchpad: Get help in creating your business plan.

Temple University Writing Center: Stop by or make an appointment.

ESA Workshops: Attend a workshop and receive peer mentoring.

Develop a pro forma: Download Dave Ziler’s presentation here.


Frequently Asked Questions

Team

Are you required to have a Temple student on your team?
The team leader must have a Temple affiliation (undergraduate, graduate, faculty, staff or alumni). The team leader must be a founder of the company and actively involved.

I need some help building my team. Where can I go?
You can try the Entrepreneurial Student Association (ESA), Blackstone Launchpad, or the Innovation and Entrepreneurship Institute (IEI). Our co-founder matching service is coming soon.

I am not a Fox School of Business student. Can I participate?
You can do it, and we can help – You do not have to be a Fox School of Business student or alum to participate, place or win in this competition. In fact, BYOBB® winners have come from the College of Engineering, College of Liberal Arts, School of Tourism and Hospitality Management, Tyler School of Art, and Beasley School of Law to name a few.

Mentors

Can you request specific characteristics in your mentor?
Yes. In the Opportunity Description, make your request in the “What are you looking for in a mentor?” section. We suggest that a mentor fills a gap in your team’s skill set.

What happens if my mentor isn’t helpful?
Contact Ellen Weber at ellen.weber@temple.edu. This rarely happens, but if it does, we will match you with someone else.

How do I get assigned a mentor?
Go to the BYOBB Registration page of this website, complete the form with the proper attachment and we will match you with a mentor. You must complete this by January 31st.

What if I already have a mentor?
You are allowed to utilize that mentor, but let IEI know who the mentor is. (Include in your Opportunity Description.)

Do you ask mentors to sign Nondisclosure Agreements (NDAs)?
We do not ask mentors to sign NDAs. Investors will not sign them either. Investors and mentors pride themselves on the practice of highest respect and care of the confidentiality of all information received. If you have any questions about the level of information to share with them, you should ask. For example, you can share that you have a patent and how it differentiates you, but you should not share the code or contents of the patent without an NDA.

Can I ask everyone who comes into contact with my business plan sign an NDA?
BYOBB reviewers, judges, mentors and team will not sign non-disclosure (NDAs) or confidentiality agreements. Although we respect how unique your idea or innovation may be, it is highly likely that we’ve seen similar ideas due to the number of plans we see and the number of projects we work on.  We pride ourselves on our practice of the highest respect and care of the confidentiality of all information received, aiming to treat you as we ourselves wish to be treated. Reputation concerns (never mind time constraints) eliminates the risk that someone would steal your idea.  However, you should not forward patent or trademark information to us; just letting us know that patent work is underway is sufficient at this stage.

Prizes

Does the Fox School of Business or Temple University take an equity stake in companies who win BYOBB?

No

The Plan

Stay tuned for specifics on the 2018 Plan!