Entrepreneurship Expo Application

Trep Expo | April 10, 2018
Launch Your Venture | April 17, 2018

trep expo logo

Trep Expo Instructions:

Step 1: Submit your application by March 20, 2018 by 5 p.m. EST.

Application

The Trep Expo is open to all ERAU students, faculty, staff, and alumni. To participate, each applying team must submit a title, a list of team members (noting their status as student, faculty or alumni) and a brief abstract not to exceed 275 words. Include a valid email address (an ERAU email address is preferred) and degree program (if applicable).

One person teams may apply. Only one application per team member. In other words, your team member cannot also be on another team. So pick your best venture concept.

Applications will be initially screened by a committee. Applications will be evaluated on three criteria: 1) Commercial Viability – the likelihood the venture will be successful in the marketplace because it provides an elegant solution to a significant problem for which customers willing to pay. 2) Innovativeness – the venture proposes a novel, unique value proposition; a different and better way to solve the problem. 3) General Interest – is the venture in an interesting market space? Is it cool? Is it clever?

Not all applications will be selected. We anticipate being able to accommodate approximately fifteen entries.

Step 2: Prepare a Winning Pitch

Upon confirmation that your poster has been selected for presentation, a document that offers suggestions on creating your poster and preparing a brief presentation will be sent to you via email.

Step 3: Attend Workshops – Highly Recommended

A number of workshops will be presented during the Spring 2017 semester to help you prepare for both the Trep Expo and Launch Your Venture Competition. Look for announcements regarding the workshops to come from the Collegiate Entrepreneur’s Organization (CEO), the Center for Entrepreneurship and the Research Park (aka the MicaPlex).

  • Workshop #1 Feb. 5, 2018 from 6 p.m.-7 p.m. COB214
    “How to come up with a business idea”
  • Workshop # 2 Feb. 15 from 5 p.m.-6 p.m. Location TBD
    “How to register for TREP Expo and Launch Your Venture”
  • Workshop #2 Feb. 20 TBD
    “How to develop your business idea – Value proposition & How to interview your customer”
  • Workshop #3 Mar 5 from 6 p.m.-7 p.m. COB214
    “How to develop your business idea – Business Model Canvas”
  • Workshop #4 Mar 19 from 6 p.m.-7 p.m. COB214
    “TREP EXPO PREP final tips – how to make visual materials & Practice your pitch!”

TREP Expo Day of the Event

MAKE SURE you bring a container to collect your TREP Dollars. At the end of the event staff will come around and collect all the TREP dollars invested in your company. Totals will be calculated and the venture with the largest investment will win the People’s Choice award.

Step 4: Day of Trep Expo (April 10, 2018)

A poster format involves the use of visual aids for mounting on a 4’ X 6’ or 4’ X 8’ poster board. You may also use a laptop for technology presentations that cannot be viewed on a poster board (such as apps). A choice of easel (for posters) or table (for electronic displays) must be selected as part of the application. Participants are responsible for their own power supply (bring extra batteries).

The posters will be displayed in an exposition poster session beginning at 9 a.m. on April 10, 2018. Invited guests (judges) representing successful entrepreneurs and members of the venture investment community will be invited to attend the poster session. They will walk through the displays, listening to the pitches of the participants, asking questions and providing feedback. The poster session will end at 11:45 a.m.

Certificates will be awarded to all posters selected for presentation. Each selected poster requires at least one presenter to be present from 8:30 a.m.-12 pm.

Judges will go into deliberation at 12 p.m. Poster presenters will be invited to attend a panel discussion with these investors from 1 p.m.-2 p.m. The judges will provide advice and guidance to the participants. The Judges Award and People’s Choice Award winners will be announced.

Prizes

  • $1,500 Judges Award
  • $500 People’s Choice Award

Launch Your Venture Instructions:

  • The Launch Your Venture competition is open to teams with at least one current ERAU student in a major role. A major role is defined by being an equity member of the team, with a senior management role in the venture.
  • Competitors should be planning to turn their venture concept into a viable business
  • In order to receive the prize money, the teams will have to demonstrate that they are registered as a legitimate business in the State of Florida (or other U.S. state). A good place to start is http://dos.myflorida.com/sunbiz/
  • If so desired, a team participating in the Launch Your Venture competition may request and receive a mentor/coach to assist in the preparation of the pitch and slide deck.
  • If you are one of the ten semi-finalists chosen for the Launch Your Venture competition you will be exhibiting at the Trep Expo, but you are not eligible for the prizes awarded at Trep Expo.

Step 1: Submit your application by March 20, 2018 by 5 p.m. EST.

Application

To participate, each applying team must submit a title, a list of team members and a brief abstract not to exceed 275 words. Include a valid email address (an ERAU email address is preferred) and degree program (if applicable).

One person teams may apply. Only one application per team member. In other words, your team member cannot also be on another team. So pick your best venture concept.

Applications will be initially screened by a committee. Applications will be evaluated on three criteria: 1) Commercial Viability – the likelihood the venture will be successful in the marketplace because it provides an elegant solution to a significant problem for which customers willing to pay. 2) Innovativeness – the venture proposes a novel, unique value proposition; a different and better way to solve the problem. 3) General Interest – is the venture in an interesting market space? Is it cool? Is it clever?

Not all applications will be selected. We anticipate being able to accommodate approximately ten entries. If your venture is not chosen for the competition, you may be considered as an exhibitor in Trep Expo.

Step 2: Prepare a Winning Pitch

Upon confirmation that your poster has been selected for presentation, a document that offers suggestions on creating your poster and preparing a brief presentation will be sent to you via email.

Step 3: Attend Workshops – Highly Recommended

A number of workshops will be presented during the Spring 2017 semester to help you prepare for both the Trep Expo and Launch Your Venture Competition. Look for announcements regarding the workshops to come from the Collegiate Entrepreneur’s Organization (CEO), the Center for Entrepreneurship and the Research Park (aka the MicaPlex).

  • Workshop #1 Feb 5 from 6 p.m.-7 p.m. COB214
    “How to come up with a business idea”
  • Workshop # 2 Feb 15 from 5 p.m.-6 p.m. Location TBD
    “How to register for TREP Expo and Launch Your Venture”
  • Workshop #2 Feb 20 TBD
    “How to develop your business idea – Value proposition & How to interview your customer”
  • Workshop #3 Mar 5 6 p.m.-7 p.m. COB214
    “How to develop your business idea – Business Model Canvas”
  • Workshop #4 Mar 19 6 p.m.-7 p.m. COB214
    “TREP EXPO PREP final tips – how to make visual materials & Practice your pitch!”

Step 4: Day of Trep Expo (April 10, 2018)

A poster format involves the use of visual aids for mounting on a 4’ X 6’ or 4’ X 8’ poster board. You may also use a laptop for technology presentations that cannot be viewed on a poster board (such as apps). A choice of easel (for posters) or table (for electronic displays) must be selected as part of the application. Participants are responsible for their own power supply (bring extra batteries).

The posters will be displayed in an exposition poster session beginning at 9 a.m. on April 10, 2018. Invited guests (judges) representing successful entrepreneurs and members of the venture investment community will be invited to attend the poster session. They will walk through the displays, listening to the pitches of the participants, asking questions and providing feedback. The poster session will end at 11:45 a.m.

Certificates will be awarded to all posters selected for presentation. Each selected poster requires at least one presenter to be present from 8:30 a.m.-12 pm.

Judges will go into deliberation at 12:00 p.m. Poster presenters will be invited to attend a panel discussion with these investors from 1 p.m. to 2 p.m. The judges will provide advice and guidance to the participants. The Judges Award and People’s Choice Award winners will be announced.

Step 5: Day of Launch Your Venture (April 17, 2018)

From the ten semi-finalists presenting at the Trep Expo, four student venture concepts will be chosen to compete in Launch Your Venture.

The pitch competition format involves the use of visual aids in PowerPoint, Prezi, or other electronic presentation programs. It may also involve show-and-tell of a proof-of-concept or working prototype, in applicable.

The competition will begin at 1 p.m. on April 17, 2018. Invited guests (judges) representing successful entrepreneurs and members of the venture investment community will be invited to listen to the pitches. Each competitor will have 15 minutes to pitch and 15 minutes to answer questions from the judges.

After the judges deliberate, the first, second, and third place winners will be announced and prizes given out. Competitors should have a legal business entity incorporated by the day of the competition. Prize money will be given out to the winning pitch team’s company, not to individuals.

Prizes

  • $10,000 First Place
  • $5,000 Second Place
  • $3,000 Third Place

+ In-kind services for all competing companies

For more information, contact Dr. Michael Bowers.