sait.ca launch business plan competition. ispf 100+ programs launch studentsindustrygrads the...
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sait.ca
LAUNCH Business Plan Competition
ISPF
100+
Programs
LAUNCH
Students Industry Grads
The Innovation and Entrepreneurship Ecosystem at SAIT
What is LAUNCH?
LAUNCH is a business plan competition offering entrepreneurial support, mentorship and funding to a number of young entrepreneurs who aspire to build innovative technology, science or knowledge-based companies in the Calgary region.
Target Audience:• Current SAIT students• 1st year SAIT alumni.
Delivery Method:• Seminars• Mentors• Competition.
Established:• 2009-2010• Currently in 2nd year
Timeline:• November - June
Established:• 2009-2010• Currently in 2nd year
More About LAUNCH?
Participation:• 75 attendees• 9 Concept Papers• 6 Business Plans.
LAUNCH Process and Timeline
Activity Dates
LAUNCH Kick-off Event Nov. 16, 2010
Attend LAUNCH Seminars Dec. 2010 – May 2011
Submit Registration Form By Jan. 17, 2011
Connect with Mentors Nov. 2010 – May 2011
Submit Concept Paper Feb. 11, 2011
Feedback from Screening Panel Feb. 25, 2011
Submit Business Plan May 30, 2011
LAUNCH Dragons’ Den Jun. 13, 2011
LAUNCH Gala – Award Ceremony Jun. 23, 2011
Program Finances
• LAUNCH is free for current SAIT students and first year alumni
• This is made possible by the generous support of the program sponsors:
Screening & Judging Criteria
Competitive AdvantageProfit potential
Technical viability Marketability
Likelihood of success
Technology, science or knowledge based
Innovative idea Management strengths
Potential Economic Impact
Success Stories
David Milan, 2009 graduate of Film and Video Production ….Petrol Films
Two other participants are in the process of actioning their business plans developed in LAUNCH
Britton Leddingham & Joel Kelley. 2010 graduate from Photo Journalism…iEvolve
Travis Cullen, 2010 graduate from Electrical Engineering Technology ….Tesla Manufacturing
Performance Metrics
Short Term
1. Number of students participating
2. Business start-ups
3. Success stories one year after LAUNCH
Long Term
1. ISPF to LAUNCH
2. LAUNCH to ISPF
Partnership With CYBF
• LAUNCH has partnered with CYBF to allow participants to fast track into the CYBF loan review process
• Participants are eligible to apply for up to $30,000 in loan financing from CYBF
Find out more
Joe Petermann
Coordinator, Student Initiatives
Applied Research and Innovation Services
SAIT Polytechnic
Room MD115
Tel. 403.284.7251
Fax. 403.774.4608
SAITLAUNCH.ca