MBS Awards $50,000 to Business Plan Competition Finalists

April 22, 2019

By Robert Wagenseil

Miami Business School (MBS) awarded $50,000 in prize money during the 17th Annual University of Miami Business Plan Competition, which encourages entrepreneurship among students. Recognizing that successful business ideas often originate from a wide range of disciplines, MBS opens the competition to all University of Miami students and alumni.

Beginning in the fall of each year, entrants are invited to submit a one to three-page concept paper. Following a preliminary review of all entries, semi-finalist teams and individuals are invited to submit detailed business plans. Finalists are announced in the spring semester and invited to present their business plans before judges and a live audience.

Kicking off the final competition at Storer Auditorium was “From Jump Street to Wall Street: Business Plan Basics,” a keynote speech from Lane Bess, principal and founder of Bess Ventures. The finalists were then  given the opportunity to pitch their business plans on stage to three respected judges. 

2019 Undergraduate Track Winners

  • Grand Prize, First Place: $10,000 plus 3 months of co-working space (10 hours/week) CYCLE - Noah Barrows, Anwar Khan, Colin Hively and Connor Pohl
  • Second Place: $7,500 - EUREKA MATCH, Daniela de Negri
  • Third Place: $4,500 - MONETA, Alejandro A. Alvarez & Quentin Wheeler
  • Fourth Place, Honorable Mention: $500 - SONO, Ahcene Ouldsaada & Andre Dalem
  • Fifth Place, Honorable Mention: $500 - SONDER CORPORATION, Timur Orazov & Bruna de Cristofaro Lopes de Souza

2019 Graduate/Alumni Track Winners

  • Grand Prize, First Place: $10,000 plus 3 months of co-working space (10 hours/week) - MANTRA, Dominic Natalizio
  • Second Place: $7,500 - MY STUDENT BLUEPRINT, Eric Steen
  • Third Place: $4,500 - CHEVEUX PARFAITS, Victor Flores & Vishnu Teja
  • Fourth Place, Honorable Mention: $500 - AUTOAD, Kyle Miner
  • Fifth Place, Honorable Mention: $500 - EYES ON HAITI, Ryan Nolan

Additional Honors

  • The Paul K. Sugrue Spirit Award: $2,000 - EYES ON HAITI, Ryan Nolan
  • People's Pick Award: $1,000 - MONETA, Alejandro A. Alvarez & Quentin Wheeler

The competition was made possible by the support of Finker-Frenkel Legacy Foundation, JES Global Capital Partners, The Heffner Family and Voalte. 

To view photos from the event, click here.

For more information about Miami Business School’s annual Business Plan Competition, click here.

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