GroupTable wins $12,000 in Business Plan Competition
Yesterday GroupTable won the annual UCF Joust Business Plan competition and $12,000. About 40 applicants submitted their business plans for the competition, the top 12 plans were selected to participate.
Last week these 12 teams presented in front of several investors & business leaders in the community. The top four were selected as finalists taking place yesterday April 11th, 2008. The top four who were selected as finalists were MPS technologies (A company proposing a customized insert designed for women shoes to ease the pain they feel when trying to squeeze into shoes just to look cute), Miami Cable (proposed a water park in Miami that uses cables to pull you around a track on ski’s…really cool idea), An Agriculture Bio Fuel company was the other finalist (proposing a program to convert algae into energy)and our venture, GroupTable (An online collaborative software venture tailored to meet the needs of high achieving students)

The finals judge were made up of extremely successful business leaders from across the country as well as investors. They were very receptive to GroupTable and enjoyed our presentation. We ended up winning first place, which not only included $12,000 but another free year in the UCF Technology Incubator, I say another because we actually won the competition last year as well with a different venture.
This time around is much more exciting for me because with this GroupTable we are so far along in product development that the $12,000 can help us immensely to grow accelerate our user and product growth to the point where we can get angel funding. It is all very exciting! There should be a lot more articles about GroupTable coming out in the near future I’ll keep everyone posted.
| Print article | This entry was posted by David Brim on April 12, 2008 at 6:40 am, and is filed under Business Plan Competition, GroupTable, UCF. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |













about 3 years ago
Congratulations on this win. Now your job is to build a great product and market it really well online. Best, David Meerman Scott
about 2 years ago
I am a teen looking to start several business but i desperatly need funding. How do i find business plan competitions specifically for teens.
about 2 years ago
I have never taken serious to write a business plan for my business, and I don’t like play the words or numbers, but my business do have some profit.
about 2 years ago
If you are sure that you’ll make a or are already making a profit, spell it out for them. Show them how you’ve flourished and how you expect to grow in the future with this money. Obviously you don’t have to know every specific detail going into the distant future, since no one can predict what will happen with your business, but at least develop likely scenarios so you’ll be prepared for anything.
about 2 years ago
Congratulations David.
about 2 years ago
Obviously you don’t have to know every specific detail going into the distant future, since no one can predict what will happen with your business, but at least develop likely scenarios so you’ll be prepared for anything….
about 1 year ago
If you are in a not good position and have got no cash to go out from that point, you would require to take the mortgage loans. Because it should aid you for sure. I take auto loan every year and feel myself fine just because of this.
about 1 year ago
Congratulations Grouptable to win such a good price, thanks for sharing the info with us..
Jacob Lee
about 1 year ago
@Sara- I feel the same way
about 1 year ago
@Mike You make a great point
about 1 year ago
I’m pretty sure I get what your saying
about 1 year ago
Hi very cool post sharing and also very impressive all is share again by again…
about 1 year ago
Hypotheek informatie, hypotheek aanvragen of afsluiten? Hypotheekrentes bekijken. Hypotheek aanbieders vergelijken, hypotheek vormen, bijkomende kosten,
about 1 year ago
@Stee can you elaborate on your point a bit
high protein foods
about 1 year ago
Hoeveel kan ik lenen? (hypotheek). Wat worden mijn maandlasten? (hypotheek) … Hoeveel hypotheek heb ik nodig? Hoe hoog is de boete die ik nu zou moeten
about 1 year ago
Lenen Zonder BKR Toetsing Lenen zonder BKR toetsing stijgt in populariteit op het Internet. Veel mensen met een zogeheten BKR notatie, die toch geld willen lenen zijn op zoek naar …
about 1 year ago
Well done to the applicants which won, they deserve their cash prize. 12 000 you gotta be happy with that
about 1 year ago
That’s really cool you guys won that. what an honor.
about 1 year ago
Congratulations David.
about 1 year ago
Hoewel migraine op elke leeftijd voor het eerst kan optreden, begint dit type hoofdpijn meestal tussen de tien en veertig jaar. Bij de meeste mensen treedt
about 1 year ago
Great article, I think you covered everything there. . . I would say freelancing is quite hard especially if you are not used to working on your own, can be quite hard to motivate yourself also. . . we all know what it is like to stare at the monitor.
about 1 year ago
U definitely deserve a big applause for ur post & more specifically, ur website as a whole. Very high quality thing.
about 1 year ago
Great info & excellent site design you’ve gt here.
about 1 year ago
Congrats on the award and good look on the venture!
about 1 year ago
wybitnie dobra zrozumialosc, zakladajaca zaawansowane techniki generowania czcionek ekranowych plus odpowiednia rozdzielczosc ekranu czytnika ksiazek elektronicznych. Niedostatki istniejacych technik powoduja, iz w celu wiekszosci osob stale korzystanie sposrod tekstow w postaci elektronicznej czytanych ze zwyklego ekranu jest meczace.
about 3 months ago
I’ve said that least 4115644 times. The problem this like that is they are just too compilcated for the average bird, if you know what I mean