Pino Dicorato and two of his peers in the Class of 2016 saw an opportunity to bring entrepreneur ventures and Executive MBA candidates together through a pitch event to benefit the upcoming Telfer Executive MBA Technology Entrepreneurship Business Consulting Project.
The six-week Technology Entrepreneurship course requires the seven teams to seek out a seed or start-up organization to create a business plan and investor’s package as a part of one of our Signature Series of Six Business Consulting Projects. The course culminates with candidates presenting an investor package also known as their 'pitch', on behalf of the entrepreneur, to a panel of local venture capitalists who then decide on the fundability of the project.
Members of the class, including Pino, had attended an elevator pitch event during their Innovation and Entrepreneurship Business Consulting Trip to Silicon Valley in early May. The format of this event had 11 entrepreneurs on the line-up, each with two minutes of airtime to effectively deliver their message about their start-up to a panel of investors.
Pino saw an opportunity to take advantage of the Silicon Valley pitch format and use it to introduce the multiple Executive MBA teams to start-up organizations and aid in their search for a client for the Business Consulting Project. Local entrepreneurs would have five minutes to effectively pitch their idea to the Class of 2016. Following the pitches, the individual groups would choose their organization for the Technology Entrepreneurship Business Consulting Project from this group.
The idea was given the green light by Professor and Director, Sophia Leong, and communications began to flow through the networks and saw StartUp Ottawa jump on board as well as My ByWard Office to host the event at their location at 78 George Street in the ByWard Market.
The three hour event took place on August 25th, 2015 with more than a dozen entrepreneurs on the agenda and most of the Class of 2016 in attendance. Following the presentations, the list was narrowed down based on the requirements of her course by Sophia Leong to five organizations for teams to consider as potential clients. Teams deliberated over the days following the successful event on their preferred client and began communications with the one they chose.
Moving forward to the middle of September, the Class of 2016 is working into their third week of the six week course and each of the teams have secured a client. The first of two offline meetings with Professor Leong begin this week where she will provide coaching and mentoring on their investor's package and business plan thus far.
The Telfer Executive MBA Program sends our thanks to StartUp Ottawa for working with Pino Dicorato, Executive MBA Class 2016 candidate, in organizing a special event - “School your Startup’.
Special recognition to Shawna Tregunna for her level of professionalism and collaboration in making this event a success for the Executive MBA candidates and for promoting entrepreneurship in our community. Telfer Executive MBA Program of University of Ottawa looks forward to continuing our partnership with organizations such as Startup Ottawa and to especially thank the entrepreneurs who participated in ‘School your Startup’ on August 25th, 2015.
Posted: September 22, 2015