Rochester Startup Blog written by Lee Drake

RIT 48 - create an entrepreneurial business in 48 hours

March 14, 2010

Starting this Friday RIT students will have the opportunity to create an entrepreneurial web-based business in 48 hours.  RIT 48 has selected this blog author to be a judge for this highly competitive and interesting competition.  So what is RIT48? They are glad you asked: RIT48 aims to bring together students from various disciplines to pitch, plan, develop and launch a web startup in one weekend— or, as the name suggests, 48 hours. An intense, energy fueled, entrepreneurial event, RIT48 was designed to showcase the innovative and creative spirit of RIT students while offering the opportunity to learn and meet new people. Always had a cool idea for a web startup but never the time or resources to make it happen? RIT48 is for you. You can form a team, develop your idea, and launch a web startup to the world in a mere 48 hours. We’ll bring the coffee.

The competition is open to Alumi, Students and Faculty, but all development of the website or business plan must be completed during the 48 hours of the competition. 

I’m excited to say I’ve been selected to judge this awesome event and I’m really looking forward to working with my fellow Judges - Susan Beebe (SM expert), Aaron Newman (SM2/Techrigy), and Liz Lawley (Director of the Lab for Social Computing at RIT) on this task.  The top winning team will receive $600.  Here is the schedule for the 2 days:

Friday (9AM-All Night): Introductions, Planning, Developing

9:00 AM Registration/Breakfast
9:30 AM Welcoming Talk - Ian Mikutel & Greg Koberger, Co-Founders, RIT48
10:00 AM Team & Mentor Introductions / Elevator Pitch (1 minute per team)
10:30 AM 1st Team Boardroom Meeting: Create brief description of product team is creating, determine what team will focus on until next boardroom meeting, brainstorm questions for mentors.
11:00 AM Breakout sessions
  Biz. Dev. Seminar (Richard DeMartino/Aaron Newman)
  Technical Seminar (Steve Shapiro/Susan Bebee)
12:00 PM Lunch
5:00 PM Dinner, 2nd Team Boardroom Meeting: Cover team progress, current problems, brainstorm questions for mentors, what to focus on for rest of the day/night.

Saturday (10am-7pm): Testing, Tweaking, Refining, Presenting

9:30 AM Breakfast
10:00 AM Day 2 Welcoming Remarks by RIT President Destler, Richard DeMartino, Ian Mikutel & Greg Koberger
10:30 AM 3rd Team Boardroom Meeting: Review progress, what team will focus on until next boardroom meeting, brainstorm questions for mentors.
12:00 PM Lunch
5:00 PM Dinner, 4th Team Boardroom Meeting: Cover team progress, current problems, finalize plans for final presentation to panel.
6:00 PM Final Presentations to panel with Q&A
8:00 PM Winners announced, RIT48 Closing Remarks
   

Good luck to the team members and may the best team win!

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