Got a Great Idea? Need $$$ to make it Happen?

    

The 2009 Donald W. Reynolds Governor’s Cup Competition

With one of the largest cash awards pool in America, the Governor’s Cup is designed to encourage students of Nevada universities and colleges to act upon their ideas and talents in order to produce tomorrow’s businesses. Develop a business plan with up to five other friends and you could win Nevada’s first and only collegiate competition where graduate and undergraduate students compete for cash awards in excess of $100,000. All majors are invited to enter and interdisciplinary teams are encouraged. In addition to an incredible learning experience, students involved in the competition gain access to networks of successful entrepreneurs, lenders and investors, team-building opportunities, business planning skills, and media exposure.

Lt. Governor’s Award: The Nevada Commission on Economic Development grants the Lt. Governor’s Award for the business plan that best employs clean, renewable or efficient energy technologies and services.

NCED Commissioners’ Award: The Nevada Commission on Economic Development’s award for the business plan that best addresses the economic development needs of rural Nevada.

Tri-State Reynolds Cup: In May 2009, the second Annual Tri-State Donald W. Reynolds Cup business plan competition will be held in Las Vegas. The top two undergraduate and graduate teams from Nevada, Arkansas and Oklahoma will compete for cash awards totaling $90,000

2009 Schedule

Monday, Feb 16 - Intents to Compete Due
Monday, March 16 - Business Plans Due
Wednesday, April 1 – Finalists announced
Monday, April 13 - Finalist’s Business Plans Due
Tuesday, April 21 - Oral Presentations (in Las Vegas)
Friday, April 23 - Awards Dinner - Peppermill Hotel

 

MGT 110X Business Plan Competition, a 1 credit hour class, is now on the Spring 2009 schedule.  The course is graded pass/fail and submission of a business plan for the Governor's Cup Business Plan Competition is required to pass the course.  The class meets Fridays from 8:30 - 9:45 am in BEH 105 beginning 1/16/2009 and ending 4/11/09. Because the class is modular, students should be aware that they only have until 1/13/09 to drop the course  for a refund and until 3/6/09 to drop with a "W" or without a grade. 

If you are interested in learning more, please send an e-mail with contact info to janet.runge@unlv.edu or call me at 895-3022. I want to make sure that everyone interested in participating gets all the support they need. Please send me contact information so I can keep you up to date with info on the competition. As well, if you need me to help you put a team together, I need to know that asap.

2008 Winners

Governor’s Cup - Undergraduate Winners

 

Governor’s Cup - Graduate Winners

 

 

 

1st Place - $20,000 - WATTs - Waste Alternatives Transformation Technologies - UNLV

Waste-Alternative Transformation Technologies, LLC (WATTs) was developed to provide a holistic approach to the waste management and energy issues facing modern urban communities.  By utilizing a multi-faceted approach that maximizes usable products extracted from municipal, commercial and industrial waste, WATTs will reduce the ecological burden on traditional landfills while producing clean, sustainable energy and energy products that do not rely upon fossil fuel sources.

Team Members
· Keeton Little - Economics
· Josh Beilin - Hotel
· Kyle George - Chemistry

Faculty Advisor - Dr. Janet Runge

 

1st Place - $20,000 - Mobile Business Solutions - UNLV

Transform how all paper based mobile businesses do business. By using cellular technology and a website to make all transactions that were previously duplicated by both field staff and office staff instantaneous and error free. Starting with the Locksmith industry because of team connections..

 

 

Team Members
· Lucien Paet - MBA-New Venture Management
· Amanda French
· David Schnell-Davis - MBA
· Ekaterina Tchompalova

Faculty Advisor - Dr. Janet Runge

2nd Place - $10,000 - Wolfpack Works - UNR

 

2nd Place - $10,000 - Go Green Outdoors - UNR

3rd Place - $5,000 - KG BioSolutions - Sierra Nevada College

 

3rd Place - $5,000 - More Water Company - UNR

 

 

 

2008 Lt Governor’s Award

 

 

 

Undergraduate Winner - $5,000

KG BioSolutions - Sierra Nevada College

 

Graduate Winner - $5,000

Bio-Grounds LLC - UNR

NCED Commissioners’ Award Winner -  $2500

WATTs - Waste Alternatives Transformation Technologies - UNLV

Great Ideas happen here - Let’s bring the Prizes Home to UNLV!!

This site is designed to be a resource for all interested students and faculty.  Information about teams, deadlines, and resources will be posted regularly. If you would like to know more about the competition, please contact Janet Runge at 895-3022 or janet.runge@unlv.edu
 

Competition Rules and Timeline available online: http://www.ncet.org

If you plan to compete, it is important to get started NOW!

The following are links to sites with tips and information for writing Business Plans:

http://www.amplifyllc.com/go/resources/  - This one has lots of interesting and useful links

http://www.smallbusinessbc.ca/bizstart-samplePlan.php

http://www.sba.gov/starting_business/planning/basic.html

http://www133.americanexpress.com/osbn/tool/biz_plan/index.asp

http://www.eventuring.org/eShip/appmanager/eVenturing/eVenturingDesktop

http://www.eventuring.org/eShip/appmanager/eVenturing/eVenturingDesktop?_nfpb=true&_pageLabel=eShip_collectionDetail&_nfls=false&id=Entrepreneurship/Collection/Collection_008.htm

LLC Information

http://www.bizfilings.com/products/llc.asp

http://www.mycorporation.com/llcbusiness.htm

 

Term Sheet Information

http://www.inc.com/query/index.html?domains=http%3A%2F%2Finc.com&client=pub-9871731465474413&safe=active&channel=&cof=GALT%3A%23008000%3BGL%3A1%3BDIV%3A%23FFFFFF%3BVLC%3A8B9EB1%3BAH%3Acenter%3BBGC%3AFFFFFF%3BLBGC%3AFFFFFF%3BALC%3A336699%3BLC%3A336699%3BT%3A000000%3BGFNT%3AAAAAAA%3BGIMP%3AAAAAAA%3BS%3Ahttp%3A%2F%2Fhttp%3A%2F%2Fwww.inc.com%3BFORID%3A11%3B&q=term+sheet&xsubmit.x=0&xsubmit.y=0&xsubmit=Search&sitesearch=http%3A%2F%2Fwww.inc.com

(This is one long site address, but it is valuable.  The first article on this site is a sample you can download after signing up for free.  Sign up and download Term Sheet for Series A Round Financing, Angel Investors Article ...  The other articles on the page are valuable as well.)

 

Read more about the competition and previous participants by clicking on these links:

http://govcupnevada.com/2008-donald-w-reynolds-governors-cup-winners/

 

http://govcupnevada.com/2008/05/

 

http://www.unlvrebelyell.com/article.php?ID=11975

 

http://sciences.unlv.edu/enewsletter/2008/june.html#6

 

http://www.lvrj.com/business/18252389.html

 

http://www.lvrj.com/business/19169124.html

 

http://www.lvbusinesspress.com/articles/2008/05/27/news/iq_21677459.txt

 

http://www.lvbusinesspress.com/articles/2008/04/07/news/iq_20576232.txt

 

http://www.reviewjournal.com/lvrj_home/2006/May-15-Mon-2006/business/7314404.html

 

http://www.lvbusinesspress.com/articles/2006/04/24/news/news11.txt

 

http://www.viewnews.com/2006/VIEW-May-16-Tue-2006/SEast/7336435.html

 

http://magazine.unlv.edu/Issues/Spring06/32best.html

 

http://www.inbusinesslasvegas.com/2006/09/01/law.html

 

Getting Ready for 2006 Governor's Cup

UNLV Business Plan Places 3rd

UNLV Business Plan Finalist

http://www.cetnv.com/