Competition Outline:

STIC competition (September-February)

  1. Seminar/Educational Series - October to November
  2. November 15 - Registration deadline
  3. November 30 - Submission deadline for initial 3-page business plans
  4. December 15 - Semi-finalists announced
  5. January 22 - Submission deadline for 7-10 page business plan
  6. Febrary 12 - Final oral presentations - top three finalists named

Top 3 STIC Finalists Then Enters VenturePrize Student Business Plan Competition

  1. March 18 - CTI Bootcamp (all day event)
  2. April 12 - Business plan submission deadline for VenturePrize Student Competition
  3. April 22 - Top three VenturePrize Student competitors selected to travel to Edmonton to present in front of a judging panel
  4. April 29 - VenturePrize Student presentations to select Grand Prize Winner

1) Seminar series: The seminar series will be used to educate students in the process of technology business plan development. At the conclusion of the seminar series the students will be encouraged to apply their knowledge learned in the seminar series through an invitation to submit a 3-page business plan for review by our panel of judges.

  

2) Submission: Student groups will submit a 3-page business proposal to be reviewed by the review committee. The best 3-page technology business proposals will be selected by the review committee and will be invited to continue in the STIC program as semi-finalists.

 

3 )Semi-finalists: Chosen semi-finalists will be matched will successful local entrepreneurs (mentors) to aid them in the further development of their technology business proposal. The semi-finalists will then submit a more comprehensive 7-10-page business proposal to be reviewed by the selection committee. The best business proposals will then be selected as finalists in the STIC program.

 

4) Finalists: Three to five student groups will present 15 min. oral presentations to the review panel, an audience of local entrepreneurs, angel investors and venture capitalists. The winning group will be given a cash award and a technology commercialization service package to foster the growth of the proposed technology business proposal.