Application (Trep Expo & Launch Your Venture Competition*)
The Trep Expo is open to all ERAU full-time 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 to TREP Expo. We anticipate being able to accommodate approximately thirty entries. Rejection rates have historically been about 25%.
* Participants that wish to be considered for Launch Your Venture Competition MUST indicate this on their application
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.
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. Additional Workshops announced soon.
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.
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 9:00 a.m. on April 11, 2017. 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.-12:00 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 1:00 p.m.-2:00 p.m. The judges will provide advice and guidance to the participants. The Judges Award and People’s Choice Award winners will be announced.
*Four student venture concepts chosen from the Trep Expo will be eligible to participate 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 1:00 p.m. on April 18, 2017. 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 registered by the day of the competition. Prize money will be given out to the winning pitch team’s company, not to individuals.