Cupertino, CA – We have selected the business models that will move forward in the
2016 Silicon Valley StartUp Cup Business Model Competition. One of them will win first
place and all will receive priceless advice from local coaches and judges throughout the
“Our coaches enabled us to see the many different ways we could use our business
model. Today we are able to take our model into discussions about our marketing
strategy, about out pricing, about our software architecture, and make it a living viable
tool to market our business.” Nancy McKereghan, Tangerine+, 1st Place Winner, 2013
Silicon Valley StartUp Cup and 2016 StartUp Cup Judge.
The first step is for the entrepreneurs to take part in an Extreme Build-A-Business
Workshop given by Sean Griffin, Founder and CEO of StartUp Cup. Sean is in Silicon
Valley the week of June 20th to participate in the 2016 Global Entrepreneur Summit at
Stanford, sponsored by President Barack Obama. We are very fortunate that Sean was
able to set aside time to work with the entrepreneurs selected to be a part of our 2016
StartUp Cup Competition.
The entrepreneurs will have an opportunity to work with pitch coaches in July and in
September each of them will give a five-minute pitch on their business model to a panel
of judges. The judges will then identify the seven finalists. They will have an opportunity
to meet with our coaches who will offer resources and expertise to help them polish
their business models and pitching techniques for the final round of judging in October.
In the Final Round of judging, the seven finalists will compete for first place, which will
be announced during Global Entrepreneur Week (GEW) on November 16th at an Award
Ceremony and Celebration held at Quinland Community Center in Cupertino. The
Silicon Valley StartUp Business Model Competition is a featured event of GEW.
Cupertino, CA – The top three winning business models have been announced from those who first submitted their business model ideas to the Silicon Valley StartUp Cup Business Model Competition in April.
The First Place Winner is AkwaMag, PBC
AkwaMag’s products soften water at half the cost of traditional salt softeners, generate no harmful waste, and require zero maintenance. We perfected manufacturing and shipped products across the US with great feedback. Our products are available for purchase at www.akwamag.com.
The Second Place Winner SoundFit, LLC
SoundFit sells an affordable, high precision, easy to use desktop 3D scanning service. The SugarCube 3D scanner creates printable 3D models that manufacturers use to create custom fit ear tips for music headsets, BlueTooth devices, hearing aids, and custom hearing protection.
The Third Place Winner is PlayCause
PlayCause empowers athletes to give back to the causes and communities that matter to them. Through our mobile and web platform, athletes solicit donations based on the stats they earn in games. Play for more with PlayCause.
This was the forth year for the Silicon Valley StartUp Cup, part of a growing global network of StartUp Cup Business Model Competitions.
“Working with these entrepreneurs has not only been a great pleasure, it has been an extremely satisfying and rewarding experience to see that growth that has taken place over a 7-month period.”
Alice Fenton, Organizer Silicon Valley StartUp Competition
The StartUp Cup Business Model Competition process was born in Silicon Valley and proven in Tulsa, Oklahoma over the past seven 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 ValleyStartUp Cup Business Model Competition and resource information, visit http://siliconvalley.startupcup.com/
The Silicon Valley StartUp Cup Business Model Competition is sponsored by:
City of Cupertino, County of Santa Clara, Erik’s DeliCafe of Cupertino, Heritage Bank of Commerce, KT Urban, Pacific Workplaces, and The Hills of Vallco
Cupertino, CA – Seven entrepreneurs have advanced to the final round of the Silicon Valley StartUp Cup Business Model Competition. On October 28th the seven finalists will present a two-minute pitch to the panel of local StartUp Cup judges.
The seven finalists are: Tuyen Vo – AkwaMag, Jason Williams – Car Doc, Wallace Chane – Metis Real Estate, Anesh Tilwani – NIR Vision, Kalpana Aroda – Notedskills, Peter Joseph Lee – PlayCause, Ben Simon-Thomas – SoundFit
Before the final presentation round on October 28th, the seven finalists will receive specialized coaching in two main areas: business model and pitching techniques. This coaching will connect them to resources and expertise to help polish their business model and pitching skills for the final round of judging.
The top three winners will be announced during the Silicon Valley StartUp Cup Business Model Competition Celebration that will be held during Global Entrepreneurship Week at the Quinlan Center in Cupertino on November 19, 2015. Our Judges and Coaches will donate the coaching hours that will be awarded. We are looking forward to growing the cash prizes for future competitions. The first place winner will receive 25 hours of coaching and $2,000. The second place winner will receive 15 hours of coaching and $1,000. The third place winner will receive 10 hours of coaching and $500.
Sponsors of the Silicon Valley StartUp Cup Business Model Competition are: The City of Cupertino, The County of Santa Clara, Erik’s Deli, Heritage Bank of Commerce,
KT Urban, Pacific Workplaces, and Vallco Shopping Mall. For more information about the Silicon Valley StartUp Cup Business Model Competition and Resource Information, please visit the Website at http://www.SiliconValley.StartUpCup.com/.
About StartUp Cup
StartUp Cup is a local grassroots business model competition open to any idea. It is a proven model to build businesses and create jobs. Its objective is to launch more than 50 local competitions resulting in a growth of 150 viable businesses with more than 20,000 jobs every year. Visit StartUpCup.com for more information.
As part of the San Mateo Small Business Development Center community, I would like to invite each of you to help promote/attend our Access to Capital Lender’s Fair, Wednesday, July 29th 8 am – 12:30 pm.
This Fair has a line-up of many financial institutions and funding sources that can help companies of any sizes with their capital needs. We recognize that every business is unique and your situation deserves the attention of a banker/funder who listens and shows willingness to help.
Please forward and share with all business owners whom you think can benefit from attending.
Go to https://www.eventbrite.com and enter our SPECIAL PROMO CODE “SBDC” to get in for free!!
Hope to see some of you there.
Jenny C. Huang
Silicon Valley SBDC Business Advisor
Santa Clara County District 5 Lead
FOR IMMEDIATE RELEASE: June 29, 2015
Silicon Valley, CA – The top 12 business models have been selected out of the previous round to move on to the next round of the Silicon Valley StartUp Cup Business Model Competition. Participants will receive priceless business advice from coaches and judges throughout the competition.
“All of the entrepreneurs in the First Presentation Round inspired us with their passion for their business, and their interest and responsiveness to our judging panel. Even though only 12 could advance to the Semi Finals, they are all winners and will no doubt make valuable contributions to our communities.” Alice Fenton, Organizer, Silicon Valley StartUp Cup
The Top 12 Semi-Finalists are:
Akwamag, PBC, Boostlearn, BrakeFree Technologies, J.T.Williams, Lucky Kidz, Metis, NIR Vision, Nirvana, notedskills.com, PlayCause, SoundFit, LLC, and Swollink.
The Top 12 businesses will present their refined business model and give a five-minute pitch during the next Judging Round on September 9th after they have worked with coaches to polish their pitches and business models July 8th and 15th. Following the September Judging Round, the judges will identify the seven best business models. The seven finalists will then work with coaches who will offer resources and expertise to help hone their business model and pitching techniques, which will be presented to the Judging Panel on October 28th.
The seven finalists will compete for First Place, which will be announced on Thursday, November 19th at an Awards Ceremony and Celebration at the Quinlan Center in Cupertino during Global Entrepreneurship Week.
For more information about the Silicon Valley StartUp Cup Business Model Competition and Resource Information, visit http://siliconvalley.startupcup.com/
The Silicon Valley StartUp Cup Business Model Competition is sponsored by The City of Cupertino, The County of Santa Clara, Erik’s DeliCafe of Cupertino, Focus Business Bank,
KT URBAN, Pacific Workplaces and Vallco Shopping Mall.