COMPETITION RULES AND GUIDELINES
Both competitions are open to all UC Irvine students. Teams must be composed of at least two (2) students, of which at least one (1) must be an ICS student (for the Butterworth Product Development Competition) and one (1) must be an Engineering student (for the Beall Design Competition). For example, a team member from the Merage School of Business could contribute business planning knowledge that would help the team or students from schools of science or engineering could contribute knowledge of a particular application or technology. Students can be graduate or undergraduate, but must be registered as a matriculated student at UCI for the duration of the academic year of the competition.
To participate in these competitions, your team must fill out the Web-based Intent to Participate form indicating participation interest. Participants can enter either the Butterworth Product Development Competition or the Beall Student Design Competition, and can only win one (1) prize.
Obtaining Additional Team Members:
Potential participants are encouraged to meet students with similar interests who may be willing to collaborate and form a team at one of the school based workshops, information sessions, Merage School’s New Venture Competition and UCI’s ANTrepreneur Center.
Teams are flexible through the final submission of the Final Product & Business Case Due w/video demo. However, any team member that drops between the Product Specification and the Final Product and Business Case will have to submit an email indicating they accept being dropped. 100% of the team must remain intact after submitting the Final Product & Business Case Due w/video demo.
Teams must present an original idea or current design problem, and be in a "pre-incubator" form. They must not be backed by incubators, existing companies, venture capitalists or other investors. Teams or team members that have received any form of venture capital financing for their competition entry plan or a likeness thereof may not participate in the competition. Any team receiving angel or venture capital funding while participating in the competition will be disqualified.
Workshops will be offered throughout every phase of the competition. Topics will include:
Documentation, Presentations and Demos:
Documents should be single spaced with a font size between 10 and 12 points. One (1) product specification review will be due mid-way through the program that will offer proof of concept, feasibility and specifications. A demo and presentation are required for the final phase of the competition. Both oral presentation and final demo will be presented before the judges of the competition. Working prototypes are strongly suggested for the final demo.
Final awards will be presented by the Dean of the School and the Judge Chair following the final demo at an Awards Ceremony.
The judges are professionals who come from various backgrounds. Judges are experts in the process of starting a business including business plan developments, or in the technologies the students are developing. The judges consider many different criteria when evaluating concept papers and the business case. Some of the elements that are considered are as follows:
Documents (subject to change)
References (subject to change)