California State University, Fullerton

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Titan Students In Fast Pitch Business Competition

April 19, 2013

Cal State Fullerton's top team from the April 17 Business Plan Competition will face off against 28 teams at the California Dreamin' Investor and Fast Pitch Business Plan Competition April 26-27 at Chapman University.

Student teams are competing for $215,000 in prize money, as well as connections to venture capital firms for businesses they hope to launch.

The CSUF team that goes by the name of Synova Life Sciences was the top winner in the second annual Center for Entrepreneurship Business Plan Competition in the CSUF Mihaylo College of Business and Economics.

The team members, who fashioned a business plan for the stem-cell related business they plan to launch, are: team leader John Chi of Alhambra, a graduate student in the Program for Applied Biotechnology Studies; Cesar Anchante of Brea, a double major in business-entrepreneurship and music; Bhrugesh "Bryan" Trivedi of Yorba Linda, a psychology major and business administration-entrepreneurship major Thomas Flores of Pomona.

"We're very excited about this opportunity for our students to compete against teams from Baylor, Brigham Young, Caltech and Stanford," said John Bradley Jackson, director of the Center for Entrepreneurship. "Synova Life Sciences was an amazing business plan, and the team is very strong because of its diverse make up and their determination to make this business concept a reality."

The competition began six months ago with 80 teams and more than 120 students with majors that range from arts, buisiness and humanities to engineering and life sciences. Fifteen teams made the CSUF semifinals; three finalist teams competed April 17.

Judges for CSUF competition were: Don Kasle, chairman of the Tech Coast Angels Board of Directors; Stephen Jester, founder of Refactor; Pete Meyer, senior vice president and manager, Security Bank of California; France Helfer, president and CEO, Halo Healthcare Inc.; Joe Burke, vice president of marketing and community development, Goodwill of Orange County.

The winning team, Synova Life Sciences, won $3,000 in prize money, plus more than $18,000 in in-kind services and is competing in the regional contest April 26-27. The top three CSUF teams received cash awards totaling approximately $15,000, plus $38,000 in in-kind services, said Jackson. Three of the teams, including Synova, also received Diversity Alliance for Science scholarships.

By: Pamela McLaren, 657-278-4852

Tags:  Academics & ResearchTitan Pride