Summary Guidelines (JUDGES)

Judging Instructions for Venture EXPO
7:30 - 8:00 AM: Attend Judge Instruction –Theatre
8:00 - 10:00 AM: Attend “Event Kick- Off / Welcome” and “Elevator Pitches” –Theatre
10:00 AM - 12:00 PM: Judging Student Venture Teams – Room 401
Before 12:00 PM:
Make investment using IEI money (invest in $1,000 increments and minimum of 4 teams)
Deposit your investment in individual venture envelopes at IEI Bank
Enjoy lunch, network with future entrepreneurs and fellow judges, and wait for
announcements of finalists at 1:00 PM in Room 401
Attend the afternoon presentations in Room 301, 302A, 302B, 402, 419 if your schedule
permits.
Judging rules:
1. Please talk to as many teams as possible. We recommend that each judge spend no more
than 15 minutes per team.
2. Each judge has $10,000 to invest in student ventures
3. To make your investment, please follow these requirements:
1) Each judge must invest the entire $10,000;
2) Each judge must invest in a minimum of 4 teams;
3) “Investments” in teams must be in $1,000 increments; and
4) Before 12:00 PM, please deposit your investment in the individual venture envelopes at
the IEI Bank. The IEI Bank will close promptly at 12:15 PM.
Judging criteria:
Please evaluate and invest in any ventures using your personal assessment relative to the likelihood
of venture success. The two overall most important questions are:
1. How likely is it that the venture will be launched within a year?
2. To what extent has the venture identified a profitable and sustainable business model?
We also encourage judges to consider the following questions:
1. To what extent has the venture provided convincing reasons that customers will pay for the
product/services?
2. To what extent has the venture developed solutions (products/services) to significant
problems/needs?
3. To what extent has the team articulated the financials and feasibility of the venture?
Important note:
Please note that the business plans, venture booth and presentations, and the Regnier Venture
Challenge Competition itself are all components of educational programs. Your feedback on the
students’ work is a critical and valuable part of the educational process. The students have been
instructed that the Challenge Competition is held in that educational context and not as a venue in
which to make offers of investment opportunities in the ventures they describe. In that connection,
and mindful of securities laws, the students will not be describing in their business plans or
activities at the Challenge Competition specific types of investment vehicles, and any financial
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projection or venture valuation information they may present is designed for educational purposes,
enabling you to provide feedback on their application of learning regarding such materials and
computations from their curriculum here at UMKC. Accordingly, in your assessment of the students’
work, please take into account these circumstances and constraints.
Conflicts of interests:
We ask that all judges refrain from judging any ventures which there are conflicts of interests.
Please do not make any investments in ventures in the following cases:
1. You were a mentor to the team;
2. The students were in your class (for faculty);
3. Your company provided technologies for the team; and
4. You are a partner of the company.
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Judging Instructions for Finalist Presentation
11:30 AM - 1:00 PM: Lunch
Enjoy your lunch and listen to the announcement at 1:00 PM in Room 401
1:05 – 1:20 PM: Judge Briefing
Attend Judge’s Briefing starting at 1:05 PM in your assigned presentation room
(one of these rooms: 301, 302A, 302B, 402, 419)
1:30 – 4:00 PM: Judge Finalists Presentations
• Evaluate four finalists presentations in your assigned presentation room (one of these rooms:
301, 302A, 302B, 402, 419)
Each team will have 30 minutes for presentation and Q&A. The faculty proctor will make sure
that each team gets 5 minutes to present without being interrupted.
Presentations will be scored according to the Presentation Judging Criteria (The scoring
guides will be provided by the proctor).
Vote for the final ranking: #1, #2, #3, and #4 (#1 being the best)
Important note: Please note that the business plans, venture booth and presentations, and
the Regnier Venture Challenge Competition itself are all components of educational
programs. Your feedback on the students’ work is a critical and valuable part of the
educational process. The students have been instructed that the Challenge Competition is
held in that educational context and not as a venue in which to make offers of investment
opportunities in the ventures they describe. In that connection, and mindful of securities
laws, the students will not be describing in their business plans or activities at the Challenge
Competition specific types of investment vehicles, and any financial projection or venture
valuation information they may present is designed for educational purposes, enabling you
to provide feedback on their application of learning regarding such materials and
computations from their curriculum here at UMKC. Accordingly, in your assessment of the
students’ work, please take into account these circumstances and constraints.
4:30 PM: Awards Ceremony
Attend Announcements of Winners in the theatre on the lower level
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