The Innovation and Entrepreneurship Institute hosted it’s 19th annual Be Your Own Boss Bowl live pitch competition yesterday, where Temple University students, faculty, staff and alumni pitched their companies to a judging panel comprised of industry experts—including Temple’s own Adam Lyons (Fox ’09), founder of TheZebra.com, and Paxton Baker (CLA ’16), Vice President of BET.
The day opened with remarks from Dean Porat and Ellen Weber, Executive Director of IEI. Then it got down to business—the pitches. Each finalist presented an 8-minute pitch followed by 3-minute judge’s Q&A. During judges deliberation, the audience heard keynote speaker and Temple alumna, Danielle Cohn (SMC ’95), Comcast Corporation’s Director of Entrepreneurial Engagement.
At 5pm the winners were announced and Strados Labs, pitched by Nick Delmonico (Fox ’17), was named the grand prize winner of the day, taking home the $40,000 cash prize.
See below for the full list of winners!
1st Place: Vitris, Jack Perrotta, Fox School of Business ’18
2nd Place: Prohibere, Emily Kight, College of Engineering ’18
3rd Place: Pinpointer, Nigel Satenstein, Fox School of Business ’18
4th Place: Pitch, Rishi Sheth, Fox School of Business ’17
1st Place: ToothShower, Lisa Guenst, Tyler School of Art’ 13
2nd Place: Viral Ideas Marketing, David Feinman, Fox School of Business ’15
3rd Place: Envizzo, Ariel Maidansky, Fox School of Business ’11
4th Place: Sensifoam, Conor Vickers, Lewis Katz School of Medicine ’19
Social Impact Track
1st Place: Reels on Wheels, Anmol Gupta, Fox School of Business ’20
2nd Place: SONTEFA Power, LLC, Thierno Diallo, Fox School of Business ’17
3rd Place: Understand Your Brand, LLC, Brandon Study, Fox School of Business ’17
4th Place: Keystone Legal Incubator, Stephen Fox, Beasley School of Law ’17
Urban Health Track
1st Place: Strados Labs, Nick Delmonico, Fox School of Business ’17
2nd Place: Entoli Health, Meghan Mallouk, Fox School of Business ’18
GRAND PRIZE WINNER
Strados Labs, Nick Delmonico, Fox School of Business ’17
Competition in the 19th Annual Be Your Own Boss Bowl was tough. More than 150 Temple students, alumni, faculty and staff registered to participate in this year’s BYOBB, and after weeks of developing business plans, attending workshops and partnering with mentors, nearly 100 participating individuals and teams submitted their completed business plans for review. This week, 14 finalists were selected to compete at the BYOBB Live Pitch Competition, happening April 20th in Alter Hall.
Each finalist will make an 8-minute pitch to the expert judging panel and conduct a 3-minute Q&A session with the judges following their presentations. At the end of the day, a winner in each track will be announced, and one presenting company will go home with the $40,000 grand prize!
See below for the full list of 2017 BYOBB Finalists, and click here to register now for the Live Pitch Competition!
Undergraduate Track Finalists
Pinpointer submitted by Nigel Satenstein, Fox School of Business
Pitch submitted by Rishi Sheth (Fox School of Business), Andrew Sauber, and Anthony Poidomani (College of Science & Technology)
Prohibere submitted by Emily Kight, College of Engineering
Vitris submitted by Jack Perrotta, Fox School of Business
Upper Track Finalists
ENVIZZO submitted by Ariel Maidansky, Alumna, Fox School of Business
Nisoltus Medical, LLC submitted by Conor Vickers, Student, Lewis Katz School of Medicine
ToothShower, submitted by Lisa Guenst, Alumna, College of Liberal Arts
Viral Ideas Marketing, submitted by David Feinman, Alumnus, Fox School of Business
Social Impact Track Finalists
Frontier Legal Incubator, submitted by Stephen Fox, Student, Beasley School of Law
Reels on Wheels, submitted by Anmol Gupta, Student, Fox School of Business
Sontefa Power, LLC, submitted by Thierno Diallo, Student, Fox School of Business
Understand Your Brand, LLC, submitted by Brandon Study, Student, Fox School of Buisiness
Urban Health Track
Strados Labs, submitted by Nick DelMonico, Student, Fox School of Business
Market Street Moms, submitted by Meghan Mallouk, Student, Fox School of Business
The creators of an online financial marketplace aiming to improve the consumer’s buying power in financial transactions won the grand prize at the 17th annual Be Your Own Boss Bowl®, a Temple University-wide business plan competition.
RatesForUs.com, co-founded by CEO and Fox School of Business alumnus Ben Stucker, MBA ’13, and CTO Alec Baker, took home more than $60,000 in cash prizes, in addition to products and professional services, at the April 16 final presentations at the Fox School.
“If I could have burst out of my skin, I would have. This was one of the most rewarding and exciting moments of my life,” said Stucker, a longtime mortgage industry professional.
RatesForUs.com, which registered its website domain only two months prior to the final presentations, hopes to become the top online destination for mortgage shoppers, Stucker said. He and Baker first met in February to lay the foundation for their company and “then we wrote our business plan in three weeks,” Stucker said.
What sets apart RatesForUs from others in the marketplace, Stucker said, is that they have worked closely with consumers to understand and support their needs. From increased consumer privacy to allowing consumers to confidently obtain lower interest rates, Stucker said RatesForUs has taken steps to drastically improve the online shopping experience. With RatesForUs, Stucker said, personal information will only be shared when necessary and agreed to by the consumer, eliminating “the bombardment of calls and potential bias based on race, ethnicity or gender,” he said.
The cash and prizes from Be Your Own Boss Bowl® will support the continued development of the marketplace for RatesForUs, Stucker said.
“Our expenses to date have been minimal,” he said. “That’s intentional. We only take a step if we can measure the results for future decision-making purposes. First, we wanted to be sure consumers would value our service, so we talked to them. Then we took our survey results to the lenders that would be supplying the loans and they were interested. We’re going to continue using this lean methodology and complete the development of our marketplace. We are looking forward to continued interaction with those in our marketplace – lenders, consumers, and professionals.”
The annual Be Your Own Boss Bowl®, the flagship program of Temple’s Innovation and Entrepreneurship Institute (IEI), is one of the most lucrative and comprehensive business plan competitions in the country. This year, 12 business plans representing five of Temple’s 17 schools and colleges were selected as finalists. They competed for more than $160,000 in cash prizes, plus related products, professional services, and incubation space.
The competition features three distinctly different tracks: the Undergraduate Track, open to current Temple undergraduate students; the Upper Track, open to Temple graduate students, alumni, faculty and staff; and the Social Innovation Track.
Winners from each track were:
- Upper Track: RatesForUs.com
- Social Innovation Track: ROAR for Good, LLC, a developer of wearable self-defense tech designed for women. (Yasmine Mustafa, FOX ’06; Anthony Gold; Peter Eisenhower, ENG ‘11; Charlotte Wells, CLA ’15; Hunter Vargas, FOX ’16; and Christina Kazakia)
- Undergraduate Track: Habitat LLC, a platform for students to buy and sell goods within their college communities. (Fox School students Andrew Nakkache, Michael Paskiewicz and Brandon Bahr, and Kathleen Chen)
For the sixth year, the IEI awarded the Chris Pavlides Spirit of Entrepreneurship Award to an undergraduate student who demonstrates a strong passion for entrepreneurship. This year’s recipient was junior entrepreneurship major Vincent Paolizzi.
Temple alumnus Christopher Wink, CLA ’08, received the 2015 Self-Made & Making Others Award. Wink is the co-founder and editor of Technical.ly, a network of local technology news sites and events.
Be Your Own Boss Bowl® participants benefit from coaching, mentoring and networking opportunities with the Philadelphia area’s leading business professionals, including members of GPSEG, the Greater Philadelphia Senior Executive Group. Overall, the competition receives support from 300 executives and entrepreneurs.
–Christopher A. Vito
Be Your Own Boss Bowl® 2015, by the numbers
$200,000 Value of monetary, products, services and mentorship prizes awarded
300 Mentors and preliminary judges
143 Overall participants in BYOBB
64 Senior executive mentors
61 Registered company submissions
32 Participating finalist team members
13 Temple University schools and colleges represented in BYOBB
13 Presentation coaches
12 Finalist teams representing five Temple schools and colleges
6 Finalist judges
Be sure to register for the 17th annual Be Your Own Boss Bowl Finalists Presentations and Awards Ceremony on April 16 from 1- 5 p.m. in the lower level of Temple University’s Fox School of Business School’s auditorium. The competition’s 12 finalists will present their business plans to both students and judges, with the goal of winning up to $200 thousand in cash and prizes, including a space in the Innovation and Entrepreneurship Institute incubator and entrance into the business mentorship program.
Temple alumnus, Co-founder and Editorial Director of Technical.ly Philly, Christopher Wink, will be the keynote speaker and honored during the awards ceremony by receiving the “Temple Self-Made and Making Others Award.” Prior to founding his technology news networking site, he worked for a homeless advocacy nonprofit organization and was a freelance reporter for a variety of publications. Known as courageous and fierce by many, Christopher continues to provide tremendous leadership in the Philadelphia entrepreneurial and technology communities.
The BYOBB Finalists Presentation and Awards Ceremony is an open event, free for the public to vote for their favorite business to win big. Attendees will vote on a real-time feedback platform called YORN, Your Opinion. Right Now. Learn more about the BYOBB competition by visiting www.iei.temple.edu/byobb.
Connect with the Innovation and Entrepreneurship Institute by following on Twitter and Instagram @IEIFox using the hashtag #BYOBB2015 and Facebook www.facebook.com/FoxIEI.
All business plans for the Be Your Own Boss Bowl (BYOBB) competition are due this Tuesday, March 17 at 11:59 p.m. Competitors will submit their plans to https://app.wizehive.com/appform/login/byobb2015 and BYOBB finalists will be announced by April 1. As a reminder, you must include three items in your application:
- The business plan (http://d3iovmfe1okdrz.cloudfront.net/cms/wp-content/uploads/2015/02/2015.BYOBB_.Template1-11.doc)
- A pitch deck
- 3 year excel Profit and Loss Statement
If you have any questions about the BYOBB competition please look at the BYOBB website, email email@example.com or call 215-204-3082 for more information. We will have people standing by until 8:00 pm on March 17th to answer questions.
Don’t forget to use the hashtag #BYOBB2015 to join in on the conversation.
Don’t miss this opportunity!
The deadline to submit your Temple Opportunity Description and get a BYOBB mentor is February 13, 2015. Click here to sign up today.
Guiding Technologies (GT), a startup company focused on improving outcomes and quality of life for autistic children, won the coveted $125,000 grand prize at the 16th annual Be Your Own Boss Bowl®, Temple’s university-wide business plan competition – one of the most lucrative and comprehensive in the nation. Over $225,000 in cash and prizes was awarded, and more than 450 senior executives, entrepreneurs and investors supported the competition through service as mentors, judges and coaches.
GT’s founder is Temple College of Science and Technology Professor John Nosek, the first-ever faculty member to win grand prize in the contest, which is open to Temple students, faculty, alumni and staff. GT won more than $125,000 in cash and professional products and services at the April 24 finalist presentations held at the Fox School’s Alter Hall.
“Winning the BYOBB means development and field testing of GAINS™ will be accelerated. This will translate into helping individuals with autism and their families sooner – what a great outcome from this competition,” Nosek said.
Nosek has developed a mobile technology platform that systematizes and standardizes Applied Behavioral Analysis (ABA), the gold standard in treatment for autistic children. Currently, one of every 68 children is diagnosed on the autism spectrum (over 1.1 million currently). ABA is exceptionally costly, its effectiveness ranges due to inconsistency from one therapist to the next, and there is a scarcity of qualified ABA therapists. Without ABA therapy between the ages of two and five, autistic children lead diminished lives with a 10-fold increase in lifetime costs. GT will revolutionize the treatment of autism through its flagship product GAINS™ (Guidance, Assessment and Information System) because anyone with a smart phone or tablet can be coached step-by-step in real time to provide high-quality therapy. GAINS™ will improve the consistency of ABA therapy, therefore increasing its efficacy while reducing costs.
“Guiding Technologies offers autistic children and their families around the world hope for greatly improved long-term outcomes,” said Jaine Lucas, executive director of Temple’s Innovation and Entrepreneurship Institute. “This is a classic example of the right product at the right time. Judges were impressed by the overall sophistication of the plan, including its disruptive technology, smart and creative go-to-market strategy, revenue model, and potential to do well and do good.”
Other winners were:
- First Place Undergraduate Track: F.O.G. Systems – Pooja Thakkar, Clifford Greenfield and Robert Alexander, College of Engineering ’14; Second Place Undergraduate Track: Manouk Hovhannesian and Sivon Pichoto, Fox School of Business ’14
- First Place Social Innovation Track: Philadelphia Urban Creators – Alex Epstein, College of Liberal Arts ’14, Devon Bailey, Denzel Thompson and Jeaninne; Second Place Social Innovation Track: Citadelle Shades – Elizabeth Darnel, Fox School of Business, EMBA ’12, Colleen Gill, Penn State University and Mark Onesky, Fox School of Business, EMBA
- First Place Graduate Student/Alumni/Faculty/Staff Track: Whose Your Landlord – Ofo Ezeugwu, Fox School of Business ’13, Felix Addison, George Mason University, Kacper Rams, College of Science and Technology ’15, and Nik Korablin, College of Science and Technology ’13; Second Place Graduate Student/Alumni/Faculty/Staff Track: Heart Upbeat! – Maria Cecilia Scimia, MD, PhD, Associate Scientist, Temple School of Medicine
- Best Written Plan by a Woman: Elizabeth Darne, Fox School of Business, EMBA ’12
- Best Written Plan by a Minority: Ofo Ezeugwu, Fox School of Business ’13
- Best Written Cleantech Plan: Scott Draper, Fox School of Business ’14
The annual Be Your Own Boss Bowl® competition is the flagship co-curricular program of Temple’s Innovation and Entrepreneurship Institute (IEI), which is based in Fox School of Business but serves students, alumni faculty and staff from all 17 schools and colleges at the university. The IEI has been a top 15 ranked program nationally in entrepreneurship for 11 consecutive years. Previous winners have been recognized by Forbes, Wall Street Journal, Entrepreneur magazine and other prestigious publications.
The Be Your Own Boss Bowl® deadline is fast approaching!
Receive feedback from senior executive mentors on financials, strategy, marketing, and other challenging sections of your business plan.
For more information on the Be Your Own Boss Bowl® click here
What do a former Temple University football player, a self-titled “chief trash collector” and a film student have in common? What about a student housing development company, an environmentally focused apparel company and a bill registry to help students crowdfund their expenses?
Each idea was developed while these individuals – Shawn Bullard, Brian Linton and Jazmin Butler – were students at Temple. These alumni returned to campus Nov. 20 to pitch their businesses in lightning-round format during the 17th Musser Awards for Excellence in Leadership, hosted annually by Temple’s Fox School of Business.
The Musser Awards honor outstanding achievement and service by a distinguished member of the business community, and this year the award went to university Trustee Lewis Katz, director of the Katz Foundation. Given Katz’s remarkable success as an entrepreneur and the Fox School’s national reputation as an innovation and entrepreneurship leader, the night showcased university-wide entrepreneurship.
Staying true to the theme, the awards program featured “Power Launch,” a spin on event-host Tyler Mathisen’s CNBC show “Power Lunch.” Each of the three alumni was given 180 seconds to pitch their respective businesses to Katz and past Musser Award recipients Warren V. “Pete” Musser – the award’s namesake – and Joan Carter.
Bullard kicked things off with Konkrete Investments, a student-housing development company he launched after winning Temple’s 2009 Be Your Own Boss Bowl®, which the Fox School organizes via the Innovation and Entrepreneurship Institute (IEI). Bullard, a former football player and School of Tourism and Hospitality Management graduate, took the $10,000 grand prize and turned that into $10 million in assets.
Butler followed and pitched her company, MyBillRegistry, and its counterpart MyClassroomRegistry. MyBillRegistry functions as a crowdfunding platform for students’ monthly expenses. Students register on the site and list their bills. People or organizations that wish to support a student may pledge any amount of money toward a given bill. The donations are then consolidated and paid directly to the specified expense.
Butler, who graduated from the School of Media and Communication in 2012 after winning IEI’s Innovative Idea Competition, has also partnered with Scholastic to create MyClassroomRegistry. Through this program, educators sign up and list their classroom needs. Supporters can contribute toward or purchase those supplies through The Scholastic Store.
Linton, chief trash collector, founder and president of United By Blue, gave a compelling overview of his company, which removes one pound of trash from oceans and waterways for each item of apparel or accessories the company sells. The for-profit company is based on the idea that, “Everything from the birds to the moose and mosquito all need water to live, and in that way we are all truly ‘United By Blue,’” Linton said.
A College of Liberal Arts graduate, Linton also won the Be Your Own Boss Bowl® during his time at Temple. Since then he has been named a finalist in the Bloomberg Businessweek America’s Best Young Entrepreneurs competition and in the Wall Street Journal’s Small Business, Big Innovation contest.
To support current and future entrepreneurs, such as Bullard, Butler and Linton, proceeds from this year’s Musser Awards supported the Lewis Katz Entrepreneurship Scholarship Fund, which is especially fitting considering Katz got his start as an entrepreneur when he and fellow alumnus Bill Cosby founded an on-campus entertainment and speaker series. The Fox School will oversee the fund and use it to support student-entrepreneurs from all majors and colleges at Temple.
Just before the evening came to a close, Katz shocked the crowd of 350 regional business leaders with one final announcement – a pledge to give the university $25 million, which would represent the largest single gift in university history.
“Lewis Katz is the epitome of an entrepreneur and philanthropist who has emphasized giving back in each of his many successful business ventures,” Fox School of Business Dean M. Moshe Porat said. “To Lew, entrepreneurship and philanthropy are inextricably linked. We were proud to highlight that linkage on a night of historic proportions.”
When Kahn Louise Miller submitted her idea for a smartphone app that facilitates safe connections between erotic services providers and their clients to the 2013 Innovative Idea Competition at Temple University, she assumed she would be disqualified. Instead, she won two awards – the Stan Angelo Smart Bulb Award for Brightest Retail Idea and the People’s Choice Award.
Miller, an undergraduate public health major, was one of four students from a new Temple General Education course, Creativity & Organizational Innovation, who were named among 12 finalists in the Innovation and Entrepreneurship Institute’s (IEI) idea competition, a university-wide challenge to think up new products, services and technologies that have potential to become businesses.
Miller’s location-based app, Hook, would allow street-based erotic services providers and clients to connect spontaneously, safely and discreetly. While the concept is inspired by Miller’s experience leading Philadelphia-based Project SAFE, an organization that serves the unmet health needs of women working in prostitution, the product is intended for countries where erotic services have been fully or partially decriminalized.
Ideas like Hook, those that push limits, are exactly the kind of concepts that the Creativity & Organizational Innovation course, offered through the Fox School of Business, is designed to foster. New this fall, the course is open to students across the university and teaches creative problem solving as a tool to come up with different organizational and business models.
“Companies today can’t be static the way they used to be,” said IEI Academic Director and course founder Robert McNamee. “Every organization and every employee has to be creative and be able to solve problems, to drive innovation and change in an organization.”
The course acknowledges that society, organizations and other factors often stifle individuals’ tendencies to consider offbeat ideas, break the rules or challenge the status quo, McNamee said. To fight that, the course creates a comfortable atmosphere to talk about all sorts of ideas. Then, students work to deconstruct each idea, determine why it is valuable and why it may or may not be feasible.
“The undergraduate curriculum has to keep evolving, staying ahead of the curve whenever possible, and providing our students with new ides, new perspectives and the opportunity to develop different skill sets,” said Peter Jones, Temple’s senior vice provost for undergraduate studies. “This course, SGM 827, is clearly doing that – and some.”
Had it not been for the course, Miller said, she would not have submitted her idea to the Innovative Idea Competition. Neither would the three other students in the course who also made it to the final round, McNamee said.
“People don’t realize the potential of their ideas,” he said. “The reality is you have to give ideas a chance. You have to get them out there and get them out of your head.”
That is one reason the course requires all students to enter the competition, where this year’s ideas ranged from grand-prize winning Genie Player, a smartphone app designed by the Fox School’s Zhewei Zhang that syncs a user’s movements with a unique algorithm-based music experience, to College of Science and Technology student Michael Ward’s GreenerGreens, a company that grows produce hydroponically and sells it to local, urban grocers, and CityBrella, an umbrella rental system thought up by Meng Hsuan Tsai, an undergraduate Fox student.
Next, Miller and some of the other finalists plan to submit their ideas to IEI’s Be Your Own Boss Bowl® (BYOBB), a business plan competition that helps Temple students, faculty, staff and alumni advance their ideas by assigning senior-executive mentors and hosting business plan workshops, open mentoring nights and more. Last year’s grand prize included $130,000 in cash, professional products and services, and incubation space – all intended to turn the winning idea into a thriving business. Other track and category prizes are also awarded.
This year’s Innovative Idea Competition finalists were Nicholas Scott Horn, Fox School; Kahn Louise Miller, College of Health Professions and Social Work; Alex Petyearak, School of Media and Communication; Zhewei Zhang, Fox School; Winifred Glover, School of Tourism and Hospitality Management; Mike Haley, Fox School; Brandon Bahr, Fox School; Meng Hsuan Tsai, Fox School; Viktoriya Tverskaya, Fox School; Joe Doyle, Fox School; Michael Ward, College of Science and Technology; and Todor Raykov, Fox School.
Neighborhood Foods, an urban farming business based in West Philadelphia that aims to supply healthy food options, create jobs and unite communities, won the grand prize at the 15th annual Be Your Own Boss Bowl®, a university-wide business plan competition at Temple.
Founded by recent Fox School of Business graduate Dylan Baird, Neighborhood Foods took home more than $125,000 in cash, professional services and products during the April 25 finalist presentations in the Fox School’s Alter Hall.
“I’m grateful,” Baird said after winning the top prize. “I’ve had a series of great opportunities through being at Temple, including running into the entrepreneurship program and finding out about this huge business plan competition.”
Baird’s organization provides a weekly service that helps farmers manage their risks. Customers pay a fee at the beginning of the growing season and receive a box of local produce each week. Baird also has partnered with other local organizations to provide bread, honey and coffee delivery.
In addition to the weekly service, Neighborhood Foods’ products are available at local farmers markets, including those located in food deserts — areas without access to fresh food — to help make healthy living possible for people at every income level.
Winners were awarded in the undergraduate track, social impact track and graduate, alumni, faculty and staff track. Category prizes for best-written plan by a woman, best-written plan by a minority and best-written clean-technology plan were also presented. The annual Be Your Own Boss Bowl® is the flagship program of Temple’s Innovation and Entrepreneurship Institute (IEI). In Fall 2012, Baird won the Nancy and Bill Baxter Social Impact Award at the Innovative Idea Competition, another competition hosted by the IEI.
The Be Your Own Boss Bowl® is one of the most lucrative and comprehensive business plan competitions in the country. This year, out of 96 total submissions, nine business plans representing six of Temple’s 17 schools and colleges were selected as finalists, and four of those were revised and resubmitted plans from prior years. They competed for $200,000 in cash prizes, products, professional services and incubation space.
On the same day, Temple celebrated its first Entrepreneurship Day. Vice President of Student Affairs Theresa Powell designated April 25 a day to “highlight the importance of entrepreneurship to this generation of Temple students.” The recognition kicked off with an open house and idea-coaching session at the IEI in Alter Hall, followed by the Temple Entrepreneurial Student Association’s Tower Takeover, a flea-market style event featuring student and local entrepreneurs
At the conclusion of the Be Your Own Boss Bowl® , IEI awarded Victory Brewing
Company co-founder Bill Covaleski the Inaugural Self Made and Making Others Award for his support of entrepreneurial activities. Covaleski is an alumnus of Temple’s Tyler School of Art.
For the fourth year, the IEI awarded the Chris Pavlides Spirit of Entrepreneurship Award to a graduating senior. Entrepreneurship and marketing major Candace Kilstein is the 2013 recipient.
The Be Your Own Boss Bowl® receives support from more than 500 senior executives
and entrepreneurs, who serve as judges, mentors and coaches.
Additional winners include:
First place: Diverse Engineering, Moustafa El Tayeb, College of Engineering ’13;
Kamran Butt, College of Engineering ’13; Carmen Carangi, College of Engineering ’13;
and Anthony Athy, College of Engineering ’13
Second place: Sector Finance, Kevin Way, Fox School of Business ’13
Social Impact Track
First place: Education United, Jennifer Berman, College of Science and Technology ’13;
Douglas Baird, College of Science and Technology, Co-Director TUteach; and Herbert
Green, College of Science and Technology faculty
Second place: Purple Tye, Montez Smith, Fox School of Business ’11
Upper Track (graduate students/faculty and staff/alumni)
First place: Social Alliance Lending Fund, Ethan Greenberg, School of Medicine ’15;
Eli Mash, University of Wisconsin; and Marc Borden, Hobart University
Second place: MIGwiz, Jason Lamb, Beasley School of Law ’13; and Rahman Carter,
Fox School of Business ’03
Best Plan by a Woman
Education United, Jennifer Berman, College of Science and Technology ’13; Douglas
Baird, College of Science and Technology, Co-Director TUteach; and Herbert Green,
College of Science and Technology Faculty
Best Plan by a Minority
Diverse Engineering, Moustafa El Tayeb, College of Engineering ’13; Kamran Butt,
College of Engineering ’13; Carmen Carangi, College of Engineering ’13; and Anthony
Athy, College of Engineering ’13
Best Clean-technology Plan
Nimble Green, Michael Jackson, College of Engineering
As April 25 approaches, Temple students are gearing up for this year’s Be Your Own Boss Bowl© (BYOBB). The 15-year-old, university-wide business plan competition is among the most lucrative and comprehensive in the nation, with nine finalists competing for more than $200,000 in cash, prizes and professional services.
But the business plan competition is only one among many opportunities offered to students by Temple’s Innovation and Entrepreneurship Institute (IEI) during Temple Entrepreneurship Day.
Vice President of Student Affairs Theresa Powell has declared April 25 Entrepreneurship Day at Temple University to “highlight the importance of entrepreneurship to this generation of Temple students who have the power to launch their own businesses and create their own jobs.”
The day kicks off with a free open house breakfast and idea-coaching session at the IEI (fifth floor of Alter Hall) from 8 a.m. to 10 a.m. After the meal, students can visit information tables covering the curricular and co-curricular offerings associated with the Fox School’s various entrepreneurship programs. Temple’s undergraduate entrepreneurship program is ranked No. 8 in the nation and its graduate entrepreneurship program is No. 13, and both are the highest-ranked in Greater Philadelphia.
From 11 a.m. to 1:30 p.m., the Entrepreneurial Student Association (ESA) is hosting its second annual Tower Takeover, a flea-market style event where entrepreneurs from the university and the city at large set up tables to sell their products around Temple’s iconic Bell Tower. The ESA has doubled in size to approximately 60 students since last year and is actively pursuing potential members from Temple colleges outside the Fox School.
Then, at 2 p.m. in the lower-level auditorium of Alter Hall, BYOBB finalists will present their business plans and receive awards, including a grand prize valued at more than $115,000. Temple Entrepreneurship Day will also include an award ceremony honoring Tyler School of Art alumnus Bill Covaleski, founder of Victory Brewing Company, for his support of entrepreneurial activities.
IEI has invested in many long-term initiatives to underscore Temple’s status as a leading center for innovation. These efforts include the creation of the Innovate and Create Living Learning Community (LLC), a residential community starting this fall for incoming freshmen of any major who are interested in innovation and entrepreneurship.
Based at White Hall, students in the Innovate and Create LLC will take a freshman seminar that will outline entrepreneurship and innovation as well as provide a roadmap for entrepreneurship at Temple. Innovate and Create students are also expected to actively participate in Temple’s Entrepreneurial Student Association and attend at least five Innovation and Entrepreneurship Institute (IEI) events – such as entrepreneurial fireside chats and business plan workshops – throughout the year.
Temple also is sharing in a $3 million Blackstone LaunchPad grant from the Blackstone Charitable Foundation to further promote entrepreneurship across campus as a viable career option. Blackstone LaunchPad at Temple is expected to open in August at the Howard Gittis Student Center.
The last Be Your Own Boss Bowl® Info Session this semester, will be held on November 28th, from 5:00-7:00 PM!
Temple University will be awarding $250,000 in cash and prizes – including a grand prize of more than $125,000 – at the 14th Be Your Own Boss Bowl©, a university-wide business plan competition.
Final presentations and awards are scheduled from 2-6 p.m. Thursday, April 26, in Alter Hall on Temple’s Main Campus.
The annual contest, organized by the Fox School of Business via the Temple Innovation and Entrepreneurship Institute (IEI), is one of the most lucrative and comprehensive business plan competitions in the country. This year, nine business plans representing five of Temple’s 17 schools and colleges were selected as finalists. They are competing for $250,000 in cash prizes, Microsoft and Dell products, and professional services.
“Great ideas come from all corners of the university. BYOBB can transform those ideas into firms generating profit and/or social goodwill,” said Jaine Lucas, executive director of the IEI. “BYOBB has made a powerful impact. Brian Linton, our 2008 grand-prize winner, was named among the most innovative entrepreneurs in the U.S. by the Wall Street Journal. His firm, United By Blue, is rapidly growing. One of our 2011 winners, Mohamed Ali Niang, returned to his home country, Mali, in June, and is using the concept he shared at BYOBB to help save his people from malnutrition.”
This is the second year the contest will include a competitive track for social innovation ventures and new category prizes for best plan by a woman, best plan by a minority, and best clean-technology plan. These additions were introduced last year after Goldman Sachs Gives donated $500,000 to the Be Your Own Boss Bowl® at the recommendation of Temple alumni Alan and Deborah Cohen.
In addition to cash and prizes, participants benefit from networking opportunities with the Philadelphia area’s leading business professionals, including members of GPSEG, the Greater Philadelphia Senior Executive Group. This year, 75 GPESG members served as mentors, and 70 were preliminary judges. Overall, the competition receives support from more than 450 executives and entrepreneurs.
“The Be Your Own Boss Bowl® gives GPSEG members the perfect opportunity to put their experience to use in helping the next generation of business leaders,” said GPSEG senior vice president and secretary Jane Frankel, who also serves as board liaison for the organization’s mentor program. “Our members enjoy working with bright, young minds and contributing to the community in such a positive and exciting manner. The value of mentoring goes both ways – our members learn as much as those whom they mentor.”