November 17, 2008

Guest Speakers from REDW, Anderson Faculty and Past Winners to Mentor Students in Technoloby Business Plan Competition

Tech_PlanThe last of three required seminars on Financial Projections for Startups will take place Friday, Nov. 21 for participants in this year’s UNM Technology Business Plan Competition. This seminar features a question-and-answer panel format, with content determined by students attending the seminar.

Panelists for the seminar include: Dr. Sul Kassicieh, Distinguished Professor, Management of Technology; Ward Hickey, visiting professor; Kevin Stevenson from Advanced Pulmonary Solutions (2008 Michael Gallegos prize winner); and Klaus Mueller from Surya Suncare Corporation (2008 TVC Lockheed Martin prize winner).

The soundness of financial projections and reasoning is a major judging criterion in the competition, and the Anderson School had created additional opportunities this year for students to hone their financial skills.

Financial Projections for Startups
Friday, Nov. 21, from 11:30 a.m. to 1:30 p.m. in GSM 117 (lunch provided), reservations are required.

Contact Jennifer Bayley at 277-6172 or via e-mail (bayley@mgt.unm.edu) by Wednesday, Nov. 19 to make reservations.

Last Friday, two guest speakers from REDW Business & Financial Resources, LLC-The Rogoff Firm informed students about taxation issues related to high-tech startup firms. Tim Kelly, REDW Senior Manager of Business Valuation Services, and Susan Willis, REDW Senior Tax Manager, presented information critical to sound startup financial planning and answered questions from more than 20 interested students.

The UNM Technology Business Plan Competition encourages UNM students from all UNM schools and colleges to collaborate on teams that commercialize technology products developed at UNM, Sandia National Labs, Los Alamos National Lab, or elsewhere in the state. These student-owned startup firms bring inventions from lab to market and can boost economic development in New Mexico.

Top prize for the competition is the $25,000 Michael Gallegos Prize for Entrepreneurship. TVC Lockheed Martin sponsors the $10,000 second place prize, and vSpring Capital offers the third place $5,000 prize.

For more information visit: Technology Business Plan.

Posted by scarr at November 17, 2008 11:50 AM