Big Bang! is getting bigger, and more Sacramento-area business students have been invited to join the annual business plan competition run by MBA students of the 嘿嘿视频 Graduate School of Management.
For the first time, contest organizers have decided to welcome top teams from the Sacramento State College of Business Administration and the Sacramento Entrepreneurship Academy to vie for $33,000 in prizes awarded to finalists and winners of Big Bang!
A companion competition, known as Little Bang! and aimed largely at 嘿嘿视频 science and engineering students, also will be recast and incorporated into Big Bang! This year鈥檚 competition opened today and will culminate with the 10th annual Big Bang! finals on May 20.
The changes, inspired by the 10th anniversary of Big Bang! and the business school鈥檚 recent move into the new Gallagher Hall, are designed to expand the contest鈥檚 reach into the greater Sacramento business community as well as the campus鈥檚 science and engineering ranks.
鈥淚t鈥檚 being retooled to encourage participation from a wider range of individuals and teams,鈥 said Julia Barg, a 嘿嘿视频 MBA student and co-chair of this year鈥檚 Big Bang! organizing committee.
鈥淲e鈥檙e going to give teams more tools than ever before, not only through workshop opportunities, but also by providing examples of what we鈥檙e looking for, which we鈥檝e always shied away from in the past because we wanted to allow creativity.鈥
The Big Bang! competition, founded in 2000 by students at the 嘿嘿视频 Graduate School of Management, is designed to inspire and reward innovation and entrepreneurship. Previous winners and finalists have gone on to form companies such as VinPerfect, Bloo Solar, SialoGen, Ensembles, Ultra V and VisualCalc.
Traditionally Big Bang! has been limited to students, graduates or others affiliated with 嘿嘿视频. Sacramento State holds a separate business plan competition that wraps up in November.
In addition to opening up Big Bang! to more contestants, the organizing committee has established new partnerships with the Sacramento Entrepreneurship Academy and Sacramento State that will allow students and teams from 嘿嘿视频, Sacramento State and the SEA to participate in each others鈥 educational events.
鈥淲ith Big Bang! we鈥檝e done a lot of amazing things,鈥 said MBA student Sam Wainer, another coordinator of this year鈥檚 contest. 鈥淲e鈥檝e had over 200 business plans submitted, raised over $160,000 in prize money and exposed over 800 aspiring entrepreneurs to the experience of developing and pitching a business venture. In honor of that, we want to make deeper inroads into the Sacramento region and we鈥檙e doing that through these two partnerships.鈥
The Big Bang! competition accomplishes two core objectives for the Graduate School of Management, Dean Steven Currall said.
鈥淔irst, it provides an extraordinary learning opportunity for our MBA students to work with others inside the school and in the business community to develop creative projects that have true commercial potential. Second, it serves a vital role in outreach efforts to the business community by showcasing innovations developed at 嘿嘿视频 and involving business leaders as judges, coaches and mentors to entrepreneurs.鈥
Sacramento State professor of entrepreneurship Seung Bach welcomed the new partnership, which he said will bring together 鈥渃omplementary assets and capabilities.
鈥淭his is a thrilling new opportunity for cooperation for all of us,鈥 he said.
And, should a Sacramento State entry win the $15,000 top prize?
鈥淚f a Sac State team wins,鈥 said Barg, 鈥渨e鈥檙e hoping it鈥檚 viewed by the 嘿嘿视频 community as a challenge and encourages more people from here to participate.鈥
The Big Bang! kickoff, with speakers from the region鈥檚 business community, will start at 7 p.m. tonight in the Walter A. Buehler Alumni and Visitors Center, AGR Room, at 嘿嘿视频. This also will be the first formal Big Bang! networking event of the year, providing an opportunity to start sharing ideas and forming teams.
About the Graduate School of Management
Established in 1981, the Graduate School of Management has enjoyed national prominence for more than a decade. It has been ranked among the top 50 public and private business schools by U.S. News & World Report for the past 14 years. It moved up to 40th place in the magazine鈥檚 latest survey.
The school has 120 students enrolled in a Daytime MBA program at Gallagher Hall and more than 450 Working Professional students at campuses in Sacramento and the San Francisco Bay Area.
For more information about Big Bang!, visit .
About 嘿嘿视频
For 100 years, 嘿嘿视频 has engaged in teaching, research and public service that matter to California and transform the world. Located close to the state capital, 嘿嘿视频 has 31,000 students, an annual research budget that exceeds $500 million, a comprehensive health system and 13 specialized research centers. The university offers interdisciplinary graduate study and more than 100 undergraduate majors in four colleges 鈥 Agricultural and Environmental Sciences, Biological Sciences, Engineering, and Letters and Science 鈥 and advanced degrees from six professional schools 鈥 Education, Law, Management, Medicine, Veterinary Medicine and the Betty Irene Moore School of Nursing.
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Tim Akin, Graduate School of Management, 530-752-7362, tmakin@ucdavis.edu