View the Latest from Explee: a 2012 Global Partnership Participant

View this recently launched video from Explee, who participated and competed in the 2012 VT KnowledgeWorks Global Student Business Concept Challenge in Blacksburg and Roanoke, VA, USA.

What is Explee?

Video is a powerful teaching tool. 90% of the information absorbed by the brain is visual. Explee is a cloud-based presentation software that allows you to create mind-blowing and wonderfully animated videos. You can choose animations that suites your speech and produce your video. The result will be a beautiful and effective video presentation.

Explee was founded two years ago in November 2012 by Thomas Olivier and Morgan Giraud, who at that time were not graduated yet from their engineering school. Explee is now a team of seven, talented people dedicated to help people share their ideas in a visual and effective way.

Team Explee from the 2012 Global Student Business Concept Challenge

For more information about Explee, visit their website, check out their blog, or follow them on Twitter. Explee has also compiled a press packet replete with useful information about the company.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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Disha Bansal, Founder of Assero, Featured by the British Council

Disha Bansal, founder of Assero, awarded certificate at VTKW GPW

Disha Bansal, from India, is a student from the University of Kent and the founder of Assero, a competitor in this year’s Global Student Business Concept Challenge. To learn more about Assero, watch the video of her presentation and check out her team showcase from this year’s Global Partnership Week.

Disha has recently been featured by the British Council for her participation in the Fifth Annual Global Partnership Week, her work with Assero, and her achievements as a student at the University of Kent. The following is an excerpt from this article published by the British Council November 14, 2014.

Was your future career an important part of your decision to come and study in the UK?

‘Yes it was, but the biggest factor for me was the course that I would be studying, which was environmental economics. Employability came second, because my main goal for coming to the UK was to become financially independent. I thought, “If employability options are good in the UK, that is a good way to get started in life.”‘

Are you planning to work in the UK after you graduate?

‘I would like to stay here for a bit. But the main motivation for me has always been to impact the lives of the people around me, and if I develop the knowledge I have gained in the UK to try to help people in developing countries, it will be more effective. That is why I would like to start off in the UK and then go back to India.’

How did your studies prepare you for what you’re doing today as a young entrepreneur?

‘My degree helped me explore a lot of possibilities. I came to the UK hoping to study environmental economics and over time I switched to microfinance, so it’s helped me explore different sectors of the industry. It’s also given me a very good understanding of how the systems work, so that all the knowledge I have built I’ve been able to implement in other situations.’

What made you decide to focus on microfinance (where companies lend money to low-income individuals, or people who don’t have access to typical banking services)?

‘The more I looked at environment, the more I realised that although it is my passion, there are other industries where I can make a bigger difference. Reading a newspaper article last year, I realised I could make a big difference with microfinance, coming from India and having a platform there to do my own thing… I thought it might be worth exploring. The more I looked into it, the more attractive it seemed to me.’

Did you volunteer or intern while you were a student?

‘I volunteered quite a lot in my first and second year. Many of the opportunities came from the Kent Enterprise Hub (which helps university staff, students and graduates to launch their own businesses), and the societies that I was a part of.

‘I was the treasurer of the conservation society in my second year, and they have a lot of volunteering opportunities on campus. Because it was nature-related, it was very relevant to me.’

‘When you come to university, the first thing you should do is sign up to societies. I joined a belly dancing society and Brazilian capoeira, all because I’ll probably not be able to do these things later on in life!’

How did you make the most of university while getting work experience and building up your CV?

‘I had quite a difficult time balancing my work and my studies in my second year. I took a part-time job in a sandwich shop and I had my academics and I had Assero, which I was doing on the side. I would say that you need to prioritise – for example, this year I’m not doing my part-time job anymore. You need to focus on getting good grades because at the end of the day, that is what you are here for.

‘I would also say that when I came to the UK it was a little lonely in the beginning, simply because I was away from home. But going to societies and meeting new people really helped – everybody is out there to make friends, and it creates a whole student community.’

Your company, Assero, aims to eliminate the risk of fraud in microfinance lending. How did you get the idea?

‘I got the idea in 2013. The more I looked into microfinance at the time, the more I focussed on the poor population in India, simply because it is a large population. Then I realised there was a lot of money being lost – from when the World Bank gives out money to the point where it reaches the people. So I thought about how to intervene and create a system where the money is directly reaching poor people, and that is when I decided that a biometric solution might be the most effective.’

When did you have that ‘light bulb’ moment?

‘About a year ago, the first time I visited the Kent Enterprise Hub. I went in and I said that I had this idea that I would like to work on, except I had no idea how to take it forward.

‘They assigned me a business advisor, and he helped me think about what I wanted to do. Then I made a business plan and a business model, and all of those things. The university has been extremely helpful.

What are your ambitions for the future?

‘I have spoken to a lot of people and I have gotten a mixed reviews about what I should do! A part of me wants to just take the leap and work on Assero right now. But at the same time, I want to be financially independent and it will be a while before that happens, simply because I don’t have any experience in starting a business. I’m currently deciding whether to work elsewhere for a few years to get more experience, or whether to just work on the startup.

‘All my meetings for Assero happen when I go back to India because that is my primary market, but I’m also looking at job opportunities in the UK. When I’m back in India I have a few meetings lined up with professors and things like that – hopefully by December I’ll have a better idea of where I’m going with it.’

What final words of advice do you have for international graduates who want to develop a business idea back at home?

‘At first I didn’t know if it was a good idea or not. But I just trusted my instinct, and decided I should go for it if I was feeling this idea so strongly. I went to the Enterprise Hub and they helped me figure out what I wanted to do, so it’s worth using resources like this at your own institution.

‘For every decision I made with Assero I trusted my instinct, because Assero reflects who I am and what I want to do more than anything I’ve ever done. You have to go with that and stop worrying about, “What if I make a mistake?” and “What if it doesn’t work out?”

‘The cool part is taking risks you would never have taken before, so it’s good fun!’

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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Registration is Open for the Sixth Annual Global Partnership Week

Registration is open for the Sixth Annual VT KnowledgeWorks Global Partnership Week, which is to take place from August 16th – 22nd, 2015. Due to increased participation interest for 2015, universities are encouraged to make their reservation as soon as possible to ensure a spot in the final Global Student Business Concept Challenge for their student team.

Useful Links:

The 2014 event video was produced by Virginia Tech’s Outreach and International Affairs.

The Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, and build their global networks. Members of the partnership gather annually during a week-long event hosted by VT KnowledgeWorks, Virginia Tech Corporate Research Center, Virginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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VTKW Entrepreneurship Opportunties in 2015

If you’re thinking of getting entrepreneurial in 2015, VTKW has several great opportunities to help you prepare!

Startup Chatup
Discuss your entrepreneurial aspirations with Jim Flowers on Friday mornings from 9:30 – 11:00 a.m. at CoffeeWorks.
1901 Innovation Drive, Suite 1100, Blacksburg, Virginia 24060
register

Startup Readiness Workshop
This session is FREE to all Virginia Tech graduate/undergraduate students, staff, and faculty who are interested in learning what it takes to start a new technology-based business. Also, get the details on how your innovation might win you $25,000! Lunch is included.
Noon – 4:00 p.m., February 6, 2015
ICTAS, Kelly Hall, Suite 310, Virginia Tech
325 Stanger Street, Blacksburg, Virginia 24061
register

VT KnowledgeWorks Tech Transfer Challenge
The Tech Transfer Challenge awards $100,000 worth of mentorship and business support services to a winning team of Virginia Tech faculty, staff, students and/or alumni proposing to establish a new venture in Blacksburg, based on Virginia Tech-owned technology.
9:00 a.m. – Noon, March 19, 2015
VT KnowledgeWorks I building, Lakeview Conference Room
2200 Kraft Drive, Blacksburg, Virginia 24060
Apply Now!

VT KnowledgeWorks Global Challenge Semifinals
Virginia Tech teams can compete to win $10,000 in scholarships and qualify to compete for $25,000 at the Global Student Challenge on August 20.
1:00 – 6:00 p.m., April 8, 2015
The Inn at Virginia Tech and Skelton Conference Center
901 Prices Fork Road, Blacksburg, Virginia 24061
register

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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UIU Link Achieves Donna Noble Incubator Client Award

UIU Link

UIU Link, a faculty-to-student-friendly Virginia-based company and a VT KnowledgeWorks member, was honored with the Donna Noble Incubator Client Award for 2014 at the Virginia Business Incubation Association’s (VBIA) annual conference on November 3. UIU Link serves as the national and international brokerage house for traditional online accredited higher educational courses from accredited non-profit and private colleges and universities. Through their proprietary platform, universities and their faculty have the ability to seek and enjoy additional revenue sources and enrollment enrichment by sharing their online classroom course seat availability to prospective students from other colleges or universities who may need a replacement course to continue towards their degree.

The VBIA Board of Directors established the Donna Noble Incubator Client Award in 2001 in honor of one of its founding board members, Donna Noble, who passed away on May 29, 2001, at the age of 36. As the marketing manager for Incubator AMERICA in Arlington, Virginia, Noble was dedicated to the incubation industry and to promoting entrepreneurship.

Other VT KnowledgeWorks alumni members who spoke at this year’s conference included Michael Fleming, CEO of TORC Robotics and recipient of the 2008 Donna Noble Incubator Client Award, as well as Nanci Hardwick, CEO of Aeroprobe. In light of this year’s conference theme, “Virginia Innovates,” both Fleming and Hardwick highlighted the innovative technology successes TORC Robotics and Aeroprobe have achieved respectively.

For more information about UIU Link, follow them on Twitter or visit their website.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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The Entrepreneur’s Workshop Presented by Ted Daniels

 

The Entrepreneur's Workshop Presented by Ted Daniels

AGENDA: “COME WITH QUESTIONS AND GET ANSWERS!”
Entrepreneurs must answer these questions:

  1. What’s your vision?
  2. What problem are you solving?
  3. What’s your go-to market strategy?
  4. Who are your customers?

Ted Daniels, Senior partner/Founder of E. Ted Daniels Associates, and Co-founder of Telequip Corporation, is presenting The Entrepreneur’s Workshop at the Virginia Tech Corporate Research Center.

Highlights:

  • Knowing what the investor wants is how funding occurs.
  • Passion, focus, people: all venture capitalists must see this in every deal before they will invest.
  • Questions you need answered before you search for funding.
  • Discussions about how you created your start-up/late state start-up company evaluation: Why is that important to investors?
  • Re-claiming family or friends early equity funding. Why?
  • How do you attract new employees when you are short on working capital?
  • Do you understand what a start-up Financial ProForma looks like? And how investors look at them?
  • Intellectual property, patents and copyrights – do they contribute to the investor’s investment valuation? If so, why?
  • Why a table of contents in a business plan/offering document?

Early in his career, Ted co-founded Telequip Corporation and raised start-up capital, which developed and sold the first-of-its-kind electronic coin dispenser now used by many well known retail and fast food companies worldwide: McDonald’s, Kroger Companies (Albertsons, Ralphs and Stater Brothers), Wendy’s Restaurants and others. Telequip Corporation was sold in 2009 for $45 million.

Ted specializes in working with start-up entrepreneurs, senior executive development, start-ups, corporate expansions, raising capital, and individual and corporate coaching. For more information about Ted, visit his LinkedIn page or www.eteddanielsassociates.com.

The workshop will be held Monday, November 17, 2014 from 1:30 to 3:30 p.m. in the Maroon Conference Room of the Virginia Tech Corporate Research Center.
2020 Kraft Dr., Suite 3090, Blacksburg, VA 24060

Attendance is $75 per person with a maximum of 30 participants. Please make checks out to “Ted Daniels,” and bring them with you to the workshop.

R.s.v.p. required: Please contact Jenna Stevens at (540)961-3600 or jenna.stevens@vtcrc.com by 8a.m. on November 17th to secure your spot!

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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Tales From the Startup Readiness Workshop

VT KnowledgeWorks Startup Readiness Workshop

Even in the early grogginesss of 8AM consciousness Jim Flowers seemed vibrant and alert as I entered the Startup Readiness Workshop. We were sitting in the Lakeview room of 2200 Kraft Drive, home of VT KnowledgeWorks. Just now it was also the home of a happy spread of Panera bagels, croissants, doughnuts, and coffee.

He struck up a conversation with us as we waited for everyone to arrive, and as soon as the last person was seated he was off into the world of the entrepreneur. Jim detailed all the qualities needed to be a successful entrepreneur, including the possession of just enough mysterious Moxie to keep a project moving forward.

He touched on Five Powerful Habits used by good managers, Four Fundamental Factors that govern startup success, all of the Moxie secrets, and the Strategic Essence of every successful business.

As if this weren’t enough, I found myself taking mental notes on Jim’s presentation style itself. A business pitch to investors is one of the more challenging sales pitches a person could make. You must own that pitch and practice it like a musician practices scales, so that like a musician you can improvise on that pitch and phrase it to suit the audience. Jim’s animated interaction with his audience certainly had all the ease of long practice.

I feel poised after the Startup Readiness Workshop, bolstered by the basics of entrepreneurship and ready to spring forward into the next great idea. In fact I’m personally looking forward to the 2014 Tech Entrepreneurship Conference and Pitch Contest. The contest represents a great chance to observe pitches and feedback before I make my own pitch to investors. If you’re interested, apply here by October 10.

The next Startup Readiness Workshop will be hosted on Virginia Tech campus, and is gloriously free to all Virginia Tech Students, Staff, and Faculty. And in case you aren’t an early bird you may be pleased to hear that this one runs from noon to 4PM. Best of all, lunch will be provided.

registernow

This post is a first-hand account of the Startup Readiness Workshop written by Laurel Sindewald, freelance writer and researcher for Rural System, Inc. and Handshake Media, Inc., and site manager for Inside VT KnowledgeWorks.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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From Concept to Funding: How to Attract Angel or Venture Capital Backing

FeldmannPresentation_Roanoke-Bburg_11-10-14_REVISION2crop

On November 10, 2014 Greg Feldmann, president of Skyline Capital Strategies, LLC and senior advisor of The Launch Place‘s Seed Fund, will be answering four important questions on how to raise equity financing:

  • What does the entrepreneur need to do to prepare for capital raising?
  • What does the process entail and how long will it take?
  • What are the key terms to negotiate?
  • What should entrepreneurs look for in a capital partner?

The event will take place from 9 to 10am at CoLab: 1327 Grandin Road SW, Roanoke, Virginia 24015. Continental breakfast included! Register now for free!

register

This event is provided in cooperation with VT KnowledgeWorks and Tech Center.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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VTKW Announces Fall 2014 Game Changers Challenge

VT KnowledgeWorks is pleased to announce the Game Changers Challenge, an opportunity for one entrepreneur or entrepreneurial team to qualify for a $25,000 “Running Start” loan plus a package of free startup assistance services. Solid runners-up may also qualify for free startup assistance.

VTKW Game Changers Challenge

Any aspiring entrepreneur or entrepreneurial team may enter. The challenge is open to all who meet the following criteria:

  • The product or service to be provided by the venture must either be consumed (not simply re-marketed) by another business, or be integrated into a more complex end-product for downstream sale.
  • The targeted buyers must constitute a relatively narrow demographic niche that can be addressed with limited resources.
  • The proposed product or service must powerfully address some widely acknowledged niche need.
  • High leverage must be obtained by the $25,000 (not just the first $25,000 out of a $1M needed for launch, for instance).
  • The entrepreneurial team must be able to fill the technology leadership roles in the proposed venture.
  • The team must be committed to locating business operations in the Virginia Tech Corporate Research Center.
  • Any intellectual property related to the enterprise must be appropriately owned or licensed by the enterprise.

Finalists will be selected by VT KnowledgeWorks staff, and will then be invited to make a 15-minute presentation to the Running Start Committee on their proposed new ventures. There will be no public events, nor will competing teams be allowed to attend each other’s presentations. In the absence of a solid applicant, no loan will be made. This is a qualifying process, not a contest.

Proposals must be submitted in accordance with the guidelines available on the VT KnowledgeWorks website. The deadline for the fall 2014 application submissions is October 31, 2014. Applications should be submitted to christine.spalding@vtknowledgeworks.com. The selection committee will review applications and VT KnowledgeWorks will communicate with applicants shortly thereafter. Awards will be announced in November.

For more information contact Jim Flowers, Executive Director of VT KnowledgeWorks, at 540-443-9100, extension 1 or at jim.flowers@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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Announcing the Tech Entrepreneurship Conference Pitch Contest

Tech Entrepreneurship Pitch Competition

Are you ready to pitch your business to investors? Are you ready to pitch your business for a significant cash prize? Get ready to do both and apply here. The deadline for application is October 10. Participants will pitch for 10 minutes on October 17 in a screening process for the final 6 slots to be in the #TEC2014 Pitch Session which takes place on November 15.

Whether your business is pre-launch, already operating, or relatively mature, our panel of successful entrepreneurs and potential investors will give you solid feedback, plus the opportunity to make important networking connections. And the best pitch wins $2,500!

Learn More | Apply Now

For more information contact Jim Flowers, Executive Director of VT KnowledgeWorks, at 540-443-9100, extension 1 or at jim.flowers@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks through Twitter, Facebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics Group, Automation Creations, Inc., BAE Systems, Bloomfield Partners, LLC, The Branch Group, Inc., Brown, Edwards & Company, City of Roanoke, Fox 21/27, G.J. Hopkins, Inc., Hodges, Jones & Mabry, P.C., Hutchison Law Group, Interactive Achievement, Inc., Latimer Intellectual Property Law, LLC, Meridium, Montgomery County, Virginia Economic Development Department, New River Valley Intellectual Property Law, Phoenix Packaging Operations, Rackspace, Shentel, SunTrust Bank , TechLab, Third Security, Town of Blacksburg, Town of Christiansburg, Union First Market Bank, Virginia Tech Corporate Research Center, Virginia Tech Outreach and International Affairs, VPT, Inc, Wordsprint.

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