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Eller College Home > News, Events, and Multimedia > Press Releases > McGuire Final-Round of Competition

Press Release

Eller Press Contact

Liz Warren-Pederson
Eller College of Management

The Eller College of Management’s McGuire Entrepreneurship Program advances six venture planning teams to compete in the final-round of competition at The University of Arizona

Business plans include mission-critical medical devices, a robust student-management system, and programs to improve education for children.

TUCSON, Ariz. – April 14, 2005 –The Karl Eller Center/McGuire Entrepreneurship Program at the Eller College of Management announces the finalists of the 2005 McGuire Entrepreneurship Program Business Plans Competition. These six student teams emerged from among 20 in the competition’s semi-final round earlier this month. The finalist teams will compete for top honors on Friday, April 22 in McClelland Hall on The University of Arizona campus. The public is invited to attend.

Gary Libecap, director of the entrepreneurship program, commented, “The business plans competition is the culmination of a year-long program that equips students to approach business and ideas with an entrepreneurial mindset. In a society driven by innovation, our program prepares future business leaders to move ideas to the marketplace.”

Students in The University of Arizona’s top-ranked Entrepreneurship Program (ranked #2 in the nation again this year by Entrepreneur magazine) work in teams of three to five for a full year to move an idea—whether their own, those of friends or , faculty, or projects that come out of the UA’s Office of Technology Transfer—from opportunity to reality through all aspects of development, validation, and ultimately, an investment-quality business plan. Many graduates of the program go on to launch their ventures or other new ventures. All succeed substantially in any professional setting—whether it is a new business, corporate environment, non-profit, profit-driven socially relevant organization, or government, or public administration.

2005 Graduate division finalists:

InjectADE: A device to manage and inject specific quantities of injectable medications. The first application will be an insulin delivery system for diabetics.
Student team: Panos Panayides, President; Regan Dolezal, VP Product Development; Anthony LaFeber, VP Marketing and Sales; Rachel Xie, VP Finance

Sharmoore Productions: Improving education for children through literary and performing arts.
Student team: Sharon O'Brien, President; Margie Hoeffler, VP Finance; Jon Stough, VP Marketing and Sales; Sonia Teder-Moore, VP Product Development

Whole Loan Trader: Online software to manage whole loans.
Student team: Arsen Ovanessoff, President, VP Product Development; Neel Chakraborti, VP Product Development; Larry Owens, VP Finance; Nathan Taube, VP Marketing and Sales

2005 Undergraduate division finalists:

BTO Auction - Fantasy Sports: Software alternative for established fantasy sports leagues, offering an auction-application for bidding and management of individual virtual franchises.
Student team: Joe Young, President; Michael Daugherty, VP Marketing and Sales; Josh Eich, VP Product Development; Steven Erickson, VP Marketing and Sales; Evan Witte, VP Finance

eSMS: Student management system addressing the needs of academic advisors to build meaningful relationships with students through an automated, efficient, and user-friendly software program.
Student team: Anna Yoshino, President; Sean Armstrong, VP Product Development; Matt Collins, VP Marketing and Sales

Foresight Detection Systems: Badge-sized sensor that utilizes a natural lung protein to mimic the lung’s response to breathable atmosphere. Sensor instantaneously warns workers of impending lung damage and quantifies injury for treatment.
Student team: David Leu, President; Clayton Hubbs, VP Product Development; Justin Jenkins, VP Marketing and Sales; Donald Winans, VP Finance

Schedule of Events for April 22 Competition Day
McClelland Hall, 1130 E. Helen Street, Berger Auditorium

  • 12:30 pm - Welcome, opening comments, judges and guest introductions
  • 12:45 pm - Undergraduate division finalist presentations
  • 2:30 pm - Graduate division finalist presentations
  • 4:15 pm - Presentation of Awards - McClelland Hall Estes Atrium
  • 5:00 pm - Reception for guests, students, friends

McGuire Entrepreneurship teams will also compete in several intercollegiate competitions this spring including Moot Corp competition at University of Texas Austin; the MBA Jungle; Spirit of Enterprise Competition at the University of Cincinnati; and the University of Oregon New Venture Championship. New venture teams have already garnered two third place wins at the prestigious SEED competition by TechknowledgePoint and at the Enterprise Creation Competition at Ball State University.

The McGuire Center for Entrepreneurship is a National Model Program of the United States Association for Small Business and Entrepreneurship and is home to the McGuire Entrepreneurship Program, ranked the #2 public undergraduate and #1 public graduate program in the nation by Entrepreneur magazine and The Princeton Review. Established in 1984, it was one of the first university-based entrepreneurship centers in the country. Today, the Center offers entrepreneurship education for any graduate program at the University of Arizona and reaches more than 1,000 undergraduate students every semester. With courses in business, law, science, engineering, health, medicine, arts, and humanities, the McGuire Center advances the state and regional economy, advances entrepreneurship education nationwide, and teaches life-long problem solving for economic, social, scientific, and environmental progress.

The Eller College of Management at the University of Arizona is internationally recognized for pioneering research, innovative curriculum, distinguished faculty, excellence in management information systems, entrepreneurship, and social responsibility. U.S. News & World Report ranks the Eller undergraduate program No. 11 among public business schools and two of its programs are among the top 20 — Entrepreneurship and MIS. U.S. News & World Report ranks the Eller MBA Full-Time program No. 48 in the U.S. In addition to a Full-Time MBA program, the Eller College offers the No. 25-ranked Evening MBA program, the Eller Executive MBA and the Online MBA. The Eller College of Management supports more than 5,800 undergraduate and 800 graduate students on the UA campus in beautiful Tucson, Arizona, and on its satellite campus in downtown Phoenix.

Press Contact:
Liz Warren-Pederson, Eller College of Management

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