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2014 Business Plan Competition winners

FAU Business Plan Competition

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And the Winners are:

FAU Student Track

Entrepreneur Track

1st BedaBox $36,190 1st Modulux Lighting $34,790
2nd HonorLock $13,090 2nd Biologics Direct $13,090
3rd Le Nouv (Lolina) $5,840 3rd Care Capture Inc. $5,840
 

People's Choice Award

  Fresh Start Beverage Company $5,000  
 

Social Entrepreneurship Award

  Stand4 $1,500  
  Match-Maker Staffing $1,500  

 

 

Student Track

 

Ozaro

OD 101 - 8:30 a.m.
Ozaro is a mobile app that facilitates group communication through an interactive calendar and messaging service. The app allows group members to view scheduled events and receive instant push alerts of updates and changes. Ozaro works across a limitless number of groups, and calendars can be shared with friends and family keeping everyone up-to-date with the latest information.
 

Slay the Gray

OD 101 - 9:00 a.m.
Science has shown that the enzyme catalase is commonly deficient in those with gray hair. Slay the Gray is a natural method of increasing the body’s own catalase enzyme by offering a revolutionary anti-gray hair gel capsule supplement comprised of a distinctive, all-natural blend of ingredients found in no other product.
 

Go2Night

 OD 101 - 9:30 a.m.
Do you know what’s happening tonight based on your lifestyle and location? No, but Go2Night does. Go2Night is a website and mobile app providing information about events, parties, and other nightlife activities are near you. Simply input your preferences for the evening and Go2Night will generate an event listing for both lesser known and well publicized events.
 

Camino Palacios

OD 101 - 10:00 a.m.
Camino Palacios helps transportation engineers and planners create Complete Streets, melding a passion for diligent design with a passion for public spaces that are comfortable to people on foot, bicycle, transit, or car.  If it enhances Complete Streets, Camino Palacios will develop an app for it.
 

Heavenly Dog Treats and People Too

OD 101 - 10:30 a.m.
Today more than ever, dogs are considered a part of the family and consumers spend over $50 billion annually on their pets. Heavenly Dog Treats capitalizes on this movement selling over 31 flavors of holistic dog treats. From Pet me Pumpkin to Blueberry Hound Dogs there’s a treat for every pet palette.
 

Le Nouv (Lolina)

OD 101 - 11:00 a.m.
Far too often caring parents are forced to choose between trend-setting design and safety for their baby’s nursery. Lolina (formerly Le Nouv) gives today's parent peace of mind without compromising style by using 100% organic fabric & chemical free dyes, with modern, Italian-inspired designs made in the USA.
 

HonorLock

OD 101 - 11:30 a.m.
HonorLock offers cloud-based solutions to curb academic dishonesty during online assessments. The innovative software both detects and discourages cheating while remaining minimally invasive. Following the exam, instructors receive an analytical report of detected infractions to help determine whether academic integrity has been upheld.
 

BedaBox

OD 101 - 12:00 p.m.
Shopping and shipping made simple, worldwide. BedaBox uses a sophisticated software application to help people overseas buy anything in the U.S. From boots to a boat, international shoppers can pay with any form of currency. BedaBox customers create a free account, and through a simple dashboard, receive a U.S. postal address and manage package forwarding.
 

Entrepreneur Track

 

Stand4

BU 120 - 8:30 a.m.
Stand4 receives sponsorship from companies to solve major social problems affecting the world. Our members dictate how we allocate our funds by standing for the initiatives they believe can do the most good. Everything that comes as a result of their stand is collected and showcased on their user profile, giving them the ability to see all the lives they've touched, problems they've helped solve, and overall impact they've made on the world.
 

Offsite Expert Accountants

BU 120 - 9:00 a.m.
Small businesses and micro-enterprises typically cannot afford their own accounting department. Offsite Expert Accountants solves this problem by providing reasonably priced and timely business intelligence data to the client via the Cloud.
 

Fresh Start Beverage Company

BU 120 - 9:30 a.m.
FRESH START Beverage Company works for health conscious consumers by providing all natural fruit, plant, and non-dairy beverages as a solution to the growing alternative milk market. Our mission is: To make HUMANITY, HEALTHY, HAPPY, and STRONG one refrigerator at a time! We believe in responsible beverage industry leadership, creating profitable growth for our stakeholders in harmony with social responsibility and excellent corporate citizenship locally and abroad. Everyone deserves a FRESH START!®
 

Social Student Lending

BU 120 - 10:00 a.m.
Social Student Lending (SSL) is the only open peer-to-peer (P2P) lending platform to refinance student loans. The P2P platform will create a structured marketplace for qualified borrowers to post their loan requests. Investors can review the borrower profiles to determine funding. SSL provides an innovative solution to student loan debt.
 

The Bespoke Group

BU 120 - 10:30 a.m.
More than 45 million households in the U.S. use online brokerages to manage their primary investment accounts. Investment management fees for online clients are normally equal to a percentage of the account value each year and often appear marginal on the surface, but over time fees can erode almost 25% of an accounts value. The Bespoke Group is a virtual consulting firm that provides online investors with unique, custom-tailored alternatives that can reduce investment management costs by more than 80% per year.
 

Biologics Direct

BU 120 - 11:00 a.m.
Biologics Direct revolutionizes the way blood products are bought and sold. Through a real-time online marketplace, suppliers and buyers connect based on availability and need. This new approach ultimately ensures the best utilization of the nation’s blood supply and facilitates equitable cost of blood products.
 

Care Capture Inc.

BU 120 - 11:30 a.m.
Care Capture is a software application used by senior living communities to send wellness reports to the family members of their residents. Care Capture provides peace of mind to family members and a competitive advantage to senior living communities.
 

Modulux Lighting

BU 120 - 12:00 p.m.
Modulux Lighting turns light into money by leveraging patent pending technology, offering more light with less power compared to existing and competitive solutions. Modulux Lighting has engineered and commercialized LiteBlox, a game changing portfolio of breakthrough LED lighting fixtures and is positioned to enter the emerging and highly lucrative commercial LED market.

 

Thank you for your interest in the Florida Atlantic University (FAU) Business Plan Competition!  This annual competition will be offered again in spring 2014!  All students, faculty, and members of the community may be eligible to participate.

Teams participating in the competition have the opportunity to meet and network with experienced venture capital principals, early stage angel investors, successful entrepreneurs, and senior business leaders who will serve as judges for the competition. The competition provides an unparalleled experience for the participants providing time to interact with the judging panel to receive their valuable feedback.

Overview

Team(s) may only submit in one category, the following two tracks are judged separately:

FAU Student Track – venture teams comprised solely of FAU students. Students MUST be registered and taking class in the spring semester and considered in “good standing.”

Entrepreneur Track – venture teams comprised of FAU alumni, FAU faculty, FAU student (registered and not currently registered), students from other colleges/universities and members of the business community or any combination thereof. Proof of Florida residency is required for participation.

Young Entrepreneur Academy (YEA!) Track - students enrolled in the Greater Boca Raton Chamber of Commerce (GBRCC) Young Entrepreneur Academy (YEA!). Click here for more information or to enroll in this program.

Teams will compete for cash prize money, legal and business services, office space at FAU’s Research Park Authority, the possibility to advance to the state and national competitions (if available) and present their business plan to local angel and VC groups and more.

Eligibility

Eligibility to participate in the FAU Business Plan Competition is initially determined by meeting the deadlines and submission requirements. FAU Student and Entrepreneur Track participants should review all eligibility criteria as detailed within the competition Office Rules.

FAU faculty and staff will select judges based on their business experience and investing expertise particularly in connection with entrepreneurship, and their interest in supporting early stage entrepreneurs. Past judges include representatives from Fortune 100 companies, prominent local law firms, finance consultants and venture capital investors. Business plan submissions are made and screened in a preliminary round by faculty & subject matter experts. A total of 16 finalist teams (eight in each track) will advance to the final round to compete in the FAU Business Plan Competition. For more information on the judging process please download the Judging Criteria and Evaluation Process.

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