The Wolff Business Plan Competition
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| An initiative of the Connecticut Center for Entrepreneurship & Innovation (CCEI) |
The Thomas J. & Bette Wolff Family Program in Entrepreneurship, a program housed within the Connecticut Center for Entrepreneurship & Innovation (CCEI), has been sponsoring the annual Wolff Business Plan Competition since 1998. UConn MBA students enrolled in a business plan writing course, MGMT 396: "Entrepreneurship: Gaining Competitive Advantage" submit plans individually or in teams. Dr. Michael Lubatkin selects the top four business plans, and those students compete for prizes totaling $10,000. First place winners receive $5,000, second place winners receive $2,500, third place winners receive $1,500, and fourth place winners receive $1,000.
On the day of the competition, the competitors present their plans to an audience consisting of Distinguished Judges, School of Business faculty and staff, and students enrolled in an entrepreneurship class. The Judges then cast their votes. Following a break, there is an interactive discussion allowing the audience to pose questions to the competitors. Prior to the competition, the entrepreneurship course students and professor are the only audience members who have read the Business Plans in full, allowing them to ask questions that go beyond their 20-minute Business Plan Pitch, requiring the competitors to elaborate on certain areas, or to point out potential weaknesses in their plan that should be addressed. An Award Ceremony closes the competition with the competitors being presented certificates by a Wolff family representative and the Dr. Lubatkin.
2008: The 11th Annual Business Plan Competition
Competitors
1st Place: Kevin Roth, "PileSurfer, LLC"
2nd Place: Richard Hurd, "Veritas Skin Rx"
3rd Place: Giovanni ("Johnny") Barbalaco, "Satellite Office Solutions"
4th Place: Obichi Ikechi, "Ikechi International Trading"
Distinguished Judges
Kevin Bouley, President & CEO, Nerac, Inc.
Gene Grayson, Retired Travelers Corporation Executive
Liddy Karter, Managing Director, Karter Capital Advisors LLC
Gary Wolff, CLU, ChFC, President, Wolff Insurance, Inc.
2007: The 10th Annual Business Plan Competition
Competitors
1st Place: Pranay Mittal, "euChanel"
2nd Place: Thomas Orkisz, "Inline Plastics Corporation"
3rd Place: Renee Jackson and Rosalina Mendoza, "ReBUILD"
4th Place: Andrew Hibbert and William Butler, "ManTime"
Distinguished Judges
Kevin Bouley, President & CEO, Nerac, Inc.
Juan Florin, Assistant Professor in Residence, University of Connecticut
Liddy Karter, Managing Director, Karter Capital Advisors LLC
Gary Wolff, CLU, ChFC, President, Wolff Insurance, Inc.
2006: The 9th Annual Business Plan Competition
Competitors
1st Place: Kevin Gardiner, "RI * Biodiesel"
2nd Place: Jennifer Krynick, "HYPE (Hartford Young Professionals & Entrepreneurs)"
3rd Place: Chandrashekhar Sattiraju, "Angel Arc"
4th Place: Dana Al-Husseini and Daniel Enson, "D-Squared"
Distinguished Judges
Kevin Bouley, President & CEO, Nerac, Inc.
Juan Florin, Assistant Professor in Residence, University of Connecticut
Gary Wolff, CLU, ChFC, President, Wolff Insurance, Inc.
2005: The 8th Annual Business Plan Competition
Competitors
1st Place (tie): Claude Durepo, "Science-4-U"
1st Place (tie): Katherine Giordano, "The Insatiable Cyclist"
2nd Place: Gregory Tedeschi, "Gynalltest Laboratory"
3rd Place: Sachindra Jha, "SelectFone"
Distinguished Judges
Ted Baker, Assistant Professor of Management, UConn School of Business
Harry Birkenruth, Consultant, Rogers Corporation (retired President & CEO)
John Strahley, Vice President, Webster Bank National Association
Gary Wolff, CLU, ChFC, President, Wolff Insurance, Inc.
2004: The 7th Annual Business Plan Competition
Competitors
1st Place: Charles Calvert and Brandon Phelps, "WAZOO"
2nd Place: Gerald Stone, "Innovations In-D-Lab, Inc."
3rd Place: Seme Ndzana, "The African Independent"
4th Place: Michael Dooley and Matthew Pekar, "Boatswain Mate, LLC"
Distinguished Judges
Richard Cheney, Regional Director, CT Small Business Development Center
Jeff Hubbard, VP-Reg. Manager, Webster Bank, Small Business Services Div.
Gregory Wolff, Managing Member, Wolff-Zackin Financial, LLC
Andrew Zaback, Managing Director, Next Generation Ventures, LLC (NextGen)
2003: The 6th Annual Business Plan Competition
Competitors
1st Place: Marie Browne-Lileika, "Event Experts"
2nd Place (tie): Trish Hussey, "Embellishment of Old Greenwich"
2nd Place (tie): Jeffrey Manzi, "Benecs"
3rd Place: Eric Nordquist, "Personal Insurance Alternative Risk Transfer Co."
Distinguished Judges
Richard Cheney, Regional Director, CT Small Business Development Center
Philip Lodewick, President, Tradewell Corporation
David Pepin, Founder, Next Generation Ventures, LLC (NextGen)
Gary Wolff, CLU, ChFC, President, Wolff Insurance, Inc.
2002: The 5th Annual Business Plan Competition
Competitors
1st Place: Aaron Wallace, "Market Direct"
2nd Place: Ed Whalen, "Clinical Marketing Information, Inc."
3rd Place: John Danielsen, Lisa Ducharme, Kirsten Ferries, "Pick-Me-Up"
4th Place: Timothy Vest, "TravelAd Corp."
Distinguished Judges
Dennis Gruell, State Director, CT Small Business Development Center
Philip Lodewick, President & CEO, The Tradewell Corporation
David Pepin, Founder, Next Generation Ventures, LLC (NextGen)
Gregory Wolff, Managing Member, Wolff-Zackin Financial, LLC
2001: The 4th Annual Business Plan Competition
Competitors
1st Place: Henry Sagman, "CommuterJunction.com"
2nd Place (tie): Cortland Esch, "Auto Care Central"
2nd Place (tie): Nicole & Martin Green, "Embedded Solutions Consulting, LLC"
3rd Place: Samudrala Murthy, "Applied Robotics International, Inc."
Distinguished Judges
Richard Cheney, Regional Director, CT Small Business Development Center
Laura Estes, independent new venture assessment/invesment
David Korn, Co-Founder & Managing Director, Bletchley Park Advisors, LLC
Gary Wolff, CLU, ChFC, President, Wolff Insurance, Inc.
2000: The 3rd Annual Business Plan Competition
Competitors
1st Place: Jed & Amie Benedict, "Horse Ridge Cellars, LLC"
2nd Place: Wei Luo, "Wayland Gourmet, Inc."
3rd Place: Christofer Christoforou, "Daedalus Technologies, Inc."
4th Place: Jitendra Patel, "Quasar Communications"
Distinguished Judges
Eldon Bernstein, Professor of Marketing, Lynn University
Steven Rogers, President, Subway Development Corp. of New England
Ronald Shaw, President & CEO, Pilot Pen Corporation
Gary Wolff, CLU, ChFC, President, Wolff Insurance, Inc.
1999: The 2nd Annual Business Plan Competition
Competitors
1st Place: Hannah Mills Everard, "Let's Eat Out, LLC"
2nd Place: Lynne Dillman, "A-Waves: The Stereo Optimizer"
3rd Place: Scott MacCloy, "Videbago"
4th Place: Derek Ezovski, Gregory Fedele, Karen Spring, "TCOMP Associates"
Distinguished Judges
William Berkley, Founder & CEO, W.R. Berkley Corporation
Dennis & Joan Rusconi, Founders, The Rusconi Company
David Salvin, CEO, IQ Financial Systems
Thomas Wolff, Founder, Wolff-Zackin and Associates
1998: The 1st Annual Business Plan Competition
Competitors
1st Place: Reed Overby, "Employer Services Group"
2nd Place: Jason Ward, "Kiss and Make-Up"
3rd Place: Craig Connel, "Munchkin Originals"
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