At the University of San Francisco International Business Plan Competition, business plans submitted by students from around the world compete for $25,000 in cash prizes—and the attention of venture capitalists, and an interested media.
In 2009, the internationally recognized event drew a record 92 entrants, out of which 20 teams were invited to compete. Judges at the event represented some of the top firms in the venture capital space including Hummer Windblad Venture Partners, Crosslink Capital, Onset Ventures, Wilson Sonsini, Fish & Richardson, Samsung Ventures, Nokia Growth Partners, and others. The Competition will take place March 25-26, 2010 at Hotel Kabuki, San Francisco, California.
The characteristics and the atmosphere of this competition are best described by the following comment made by one of the participants: “It is a must for competitors. It is the only competition that really feels like you are in Silicon Valley. The aroma of Silicon Valley is literally sprayed into every corner of the competition. Everyone had a pro-company attitude – everyone was there to help.” One of its 2008 competition winners, Dynamics, Inc. recently raised $5.7 million in Series A funding after the presentation at the competition.