2008: Entrepreneurship Academy
"The entrepreneur always searches for change, responds to it, and exploits it as an opportunity."
- Peter F. Drucker, The Father of Modern Management
Sunday, April 13
3:30 p.m.-4:25 p.m.
Entrepreneurship Academy Kick-off
Learn how to control your destiny and become the next Steve Jobs. Discover if you have that special spirit to be an entrepreneur.
Delvin J. Franklin, Founder
Wondaland Productions/Wondaland Arts Society
Entrepreneurship Challenge
Compete against other Delta Epsilon Chi members and win scholarship money, plus a possible trip to a national trade conference to pitch your idea. Sign up as either an individual or group. Let the competition begin!
All students who want to participate in the Entrepreneurship Challenge must attend this session. Students may compete as individuals, or in teams of up to three. Students may form teams ahead of time, or can be teamed up with other students during this orientation session.
4:30 p.m.
Teams are encouraged to meet to begin developing their Entrepreneurship Challenge Plan.
Monday, April 14
(sessions marked with a * earn points for you/your team)
8:30 a.m.-9:00 a.m.
Entrepreneurship Challenge Planning and Consulting
Meet back with your team to discuss your ideas and strategies; or just ask questions about the Challenge competition.
9:15 a.m.-10:00 a.m. *
Identifying Opportunities in the Marketplace-Will Your Idea Fly?
10:15 a.m.-11:00 a.m.*
Pricing and Promotion Strategies
11:15 a.m.-Noon*
Financing a Start-up
Noon-1:00 p.m.
Lunch on your own.
1:00 p.m. - 2:30 p.m.*
Learn About Franchising, Network with Business Leaders, and Get an Entrepreneurship Challenge Tune Up
Hosted by Mr. John R. Reynolds, President, International Franchise Association Educational Foundation, Inc.
Build your professional network with entrepreneurship/small business management experts. Discover the opportunities to start your own business through franchising. This session includes a presentation on franchising, followed by an informal networking and feedback opportunity with franchising executives.
2:30 p.m. - 4:00 p.m. (open time)
Polish Your Presentation
Work with your team to polish your Entrepreneurship Challenge presentation. No points are awarded for this session-just an opportunity to finish your presentation.
4:00 p.m.-6:00 p.m.
Entrepreneurship Challenge Preliminary Judging Rounds to Entrepreneurship/Small Business Management Experts Acting as Venture Capitalists
Tuesday, April 24
10:00 a.m.-Noon*
Entrepreneurship Challenge Final Presentations to Judges Acting as Venture Capitalists (for qualifying teams)
*Exact schedule for each team will be developed on Monday.
*Only the team that is presenting is allowed in the room (no outside observers).
8:00 p.m.-10:00 p.m.
Awards and Recognition-Grand Awards Session
2008 Entrepreneurship Challenge Awards*:
1st Place Team: $5,000 Don DeBolt Scholarship (sponsored by the International Franchise Association Educational Foundation Inc.)
Sponsorship by NexCen and the International Franchise Association Educational Foundation, Inc. includes:
$3,000 towards travel to IFA Annual Convention in San Diego (1st place team)
$1,000 for the advisor(s) of the 1st Place Team
$2,000 for 2nd Place Team
$1,000 for 3rd Place Team
PLUS: ideablob will award $10,000 to one team to launch their Academy Challenge concept.
That is over $20,000 in awards for the 2008 Entrepreneurship Challenge!
*All student awards are divided among team members. Advisor award is divided among advisors if there is more than one advisor for all team members.
