Archive for November 2012

Winners of the 2012 StartUp Cup Business Model Competition Announced

FOR IMMEDIATE RELEASE: Thursday, November 15th

Winners of the 2012 StartUp Cup Business Model Competition Announced

Richard Conniff, Heidi Diamond, Alice Fenton & Silicon Valley County StartUp Cup First Place winner, Open Medicine Institute founder, Andreas Kogelnik

San Jose, CA – The top three winning business models have been announced from over 50 applicants who first submitted their business model ideas to Silicon Valley County StartUp Cup Business Model Competition in April.

The first place winner is Open Medicine Institute. The Open Medicine Institute (OMI) is a new model for re-designing healthcare and research by combining social networking, information technology, genomics/biotechnology and clinical medicine. OMI is building a sharable database and aligned biobank infrastructure with incentives to help engage patients and healthcare providers, lower costs in medicine, improve the quality of clinical practice, and accelerate research and clinical trials.

The second place winner is Zooni Leathers. Zooni Leathers is the manufacturer of the world’s finest custom motorcycle racing leather suits. Their products are of good quality, have a lifetime warranty, and have been crash tested several times. As a result, they have established their business reputation of making world-class leather suits among their customers and the motorcyle industry.

The third place winner is Camp Fashionista. Camp Fasionista is a unique fashion design school for children and young adults that provides classes in sewing, pattern making, and fashion illustration, allowing budding designers to take their first steps into the exciting world of fashion design.

This was the first year for the Silicon Valley County StartUp Cup, part of a growing global network of StartUp Cup Business Model Competitions.

 “It has been a pleasure to see the dedication and determination these entrepreneurs have shown in this process as they have worked with the advice of the judges and coaches to make their business model the very best it could be.”

Alice Fenton, Organizer, Silicon Valley County StartUp Cup Business Model Competition

The StartUp Cup Business Model Competition process was born in Silicon Valley and proven in Tulsa, Oklahoma over the past six years. The competition has been fine-tuned based upon feedback from participating entrepreneurs, judges, coaches, entrepreneurial services providers, and community leaders.

For more information about the Silicon Valley County StartUp Cup Business Model Competition and resource information, visit www.scc.startupcup.com).

 

FOR MORE INFORMATION, CONTACT:

Alice Fenton

408.307.6281

 afenton.2000@gmail.com

 

Where is the Next Hot Startup Spot?

By Sean Griffin

CEO and Founder, Startup Cup

 

The following is a guest commentary for CNBC.com.

An entrepreneurial ecosystem has sprouted in what some would say is a most unexpected community. It has all the elements of a large city effort, including support for technology startups as well as the 98 percent of startups that are not technology-based.

Partnerships have been forged to include entrepreneurs and investors, government and private enterprise, professional and academic, and national and global programs. Short-term weekend programs and long-term multi-month programs, accelerator space and increased funding options have emerged. All of these efforts are focused on catering to entrepreneurs of varying degrees of experience in starting a new business, as well as those in various stages of business growth.

When we consider all of these efforts, thoughts of Boston, New York City, Chicago, Silicon Valley, or Liverpool come to mind. But Tulsa, Oklahoma is where this entrepreneurial ecosystem has grown, in much the same way any entrepreneurial endeavor grows, one step at a time, one program at a time.

Birth of An Idea

Tulsa’s entrepreneurial ecosystem development started as a casual conversation with our former Mayor at a local gathering place. As the conversation became more serious this was followed by an airplane trip to the Kauffman Foundation in 2006, and since then the idea has grown into a full blown entrepreneurial movement.

(More: The World’s Most Promising New Companies)

Our initial goal was to include as many people in the community as possible and showcase the opportunity to grow entrepreneurs and startups in Tulsa. We invited key players involved in economic development to rally around Entrepreneurship Week USA, at the time a new Kauffman Foundation program. This program is now known as Global Entrepreneurship Week.

We wanted to create a regional program that would inspire a new level of entrepreneurship and startup activity. We knew it would be critical to include everyone in the mix and were very deliberate to engage entrepreneurial service providers, higher education, and “raw” entrepreneurs in the process. With the focus on increasing the quality and quantity of new startups, the Tulsa Entrepreneurial Spirit Award business model competition was launched.

A Little Messy

Growing Tulsa’s entrepreneurial ecosystem has been more than a little messy, and like any startup it has also gone through its own growing pains. We had to stay focused, remain open to experimentation, be persistent, and work to showcase what was possible. Not everyone was on board. Proponents even challenged the approach and target audience. The debate was lively and allowed us to question every step and decision along the way. With mess comes the ability to evaluate and reorganize, and like we encourage any entrepreneur – test, learn, adapt.

Serving A Need

In conjunction with the Kauffman Foundation efforts, the entrepreneur and civic leaders of Tulsa have guided the City to inspire and foster an increase in the number of start-ups. Since introducing Global Entrepreneurship Week (GEW) and the Tulsa

Entrepreneurial Spirit Award Business Model Competition, now the Tulsa Community College StartUp Cup, the entrepreneurial landscape of Tulsa has emerged nationally as a recognized leader at fostering entrepreneurs.

As a result of the ongoing efforts to grow GEW in Tulsa, an entrepreneurial ecosystem has emerged, driving fresh economic growth and making the region and the state more competitive on a national level. Programs that have grown in Tulsa since 2006 include: TCC StartUp Cup, The Tulsey Awards, Startup Weekend Tulsa, TCC Launch Your Entrepreneurial Journey, Fab Lab Tulsa, The Forge, The Innovation Institute, OSU Entrepreneurial Bootcamp, OU Launchpad, SeedStep Angels, TEDxTulsa, Ignite Tulsa, and Tulsa Web Devs.

Onward and Upward

Like any growing startup we have to remain focused on the future. We are continually evolving Tulsa’s entrepreneurial ecosystem to meet the needs of our entrepreneurs where they are at in their business lifecycle. Creating a culture and environment where entrepreneurs are encouraged to take risks and innovate is critical. We work diligently to increase the number of people who participate in the entrepreneurial experience. We want to open entrepreneurship to everyone and anyone who has ever said, “I want to start my own company.”

(More: 11 Notable Entrepreneurs Teaching the Next Generation)

An ecosystem evolves because programs evolve. Many of our entrepreneurial programs have come and gone over the years, but the ones with staying power have evolved over time. An example of experimentation during Tulsa Global Entrepreneurship Week 2012, Startup Weekend Tulsa has partnered with the Tulsa Fire Department in an effort to engage people in emergency services with the desire to start their own business, but don’t have the right tools or mentoring to get their company off the ground. From this experiment we will take lessons learned and apply them to our ongoing efforts to encourage increased entrepreneurial and startup activity.

Tulsa – An Entrepreneurial Ecosystem in the Most Unlikely of Places

Tulsa has come a long way since those early days of entrepreneurial ecosystem building. Since 2006, more than twenty-three entrepreneurial programs and service centers have developed, supporting a diversity of entrepreneurs and entrepreneurial efforts. The Tulsa Entrepreneurial Spirit Award has morphed into the StartUp Cup Business Model Competition and is now being replicated in communities around the world. Many StartUp Cups are announcing their winners during Global Entrepreneurship Week 2012. The TCC StartUp Cup, powered by the Lobeck Taylor Family Foundation, is a featured event of Global Entrepreneurship Week USA 2012, and new mentorship driven programming is already in development for launch in 2013.

Tulsa isn’t the only model for growing an entrepreneurial ecosystem, but it is a model communities around the world can emulate as a way to grow a vibrant entrepreneurial ecosystem. From a single program to an entire ecosystem, each is built just like a business, step-by-step. The first step is to have the idea, then take action. The next step is yours.

Sean Griffin is CEO and Founder of StartUp Cup, and serves as Chair of Entrepreneurial Initiatives for the City of Tulsa. 

 

2012 SCC StartUp Cup Business Model Competition Awards Celebration

You are cordially invited to attend the
2012 Silicon Valley County StartUp Cup
Business Model Competition Awards Celebration

Thursday, November 15, 2012
5:30 – 7:00pm

West Valley College Campus Center
14000 Fruitvale Avenue
Saratoga, CA 95070

Free Admission / Appetizers and Refreshments Served

For directions go to:
www.westvalley.edu or click here: http://bit.ly/UdUtQ1

Special Event Parking will be available in Lot 5 – a short walk to the Campus Center

Sponsored by

Respond by November 13th to scc.startupcup@gmail.com