CSUF News Service
Three Proposed Businesses Face Off April 11
Trio are Finalists in Annual Business Plan Competition
April 4, 2014
Three teams will be giving their all Friday, April 11, when they present their business plans in the final round of the Center for Entrepreneurship's Business Plan Competition. More than $40,000 in scholarships and awards are being offered.
"The purpose of the Business Plan Competition is to encourage teams to develop a viable business concept, to evaluate its appropriateness and potential success in the market and to identify critical issues to resolve when evaluating the feasibility of the business concept," said John B. Jackson, director of the Center for Entrepreneurship. "It's a practical test of a student's entrepreneurial desire, a strong learning experience and an invaluable introduction to what it takes to turn that dream into a reality.
"Since the inaugural year of the Business Plan Competition, we have seen a wide range of business ideas make it to the finals," added Jackson, director of the Center for Entrepreneurship. "We have seen many plans move from competition to reality."
This year's finalists are:
- White Light Medical — start-up medical device firm that is developing a low-cost, smarter pedicle probe, AccuSpine, for the accurate placement of screws in spinal fusion surgeries. Team: Andre Conde, business administration – finance/accounting major, and Anvesh Annadanam and Luis Herrera, biomedical engineering students at Johns Hopkins University
- Eagle Eye Engineering — develop and fabricate a revolutionary archery target system that allows archers to emulate the physical action and form required to shoot outdoor target distances within the distance limit of an indoor range. Team: mechanical engineering majors Jordan Tran, Rohullah Latif, Nick Hymer, Sean Morgan and Joseph Shamblin
- Coromi Rentals — Internet service that will help pet owners find a rental home or apartment that provides details on their pet policies. Business administration major Quinn Royston
The competition began in January with more than 80 teams from throughout the campus. Sixteen teams made it to the semifinals March 28.
This year's winners may be selected to move on to the California Dreamin' Investor and Fast Pitch Business Plan Competition April 25-27 at Chapman University. There, they will compete against teams from universities throughout the country, including Carnegie Mellon, Cornell and Wharton, and the University of Cambridge, England.
Students, faculty and staff members are encouraged to attend the 1-4 p.m. program in Portola Pavilion of the Titan Student Union. For more information, or to volunteer at the event, contact Adrienne Bailey, 657-278-4589.