E-Center News & Views                                      August 2012In This Issue

Letter from Executive DirectorYoung African Leaders

Innovation Summit Welcomed to UC

Bearcat LaunchPad Business Accelerator/Incubator

Student Start-Up Featured on UC Virtual Tour

Double Honor for Gold Medal Products!

Empact100 List Names Two UC Alums

Welcome Catalin MacarieUndergraduate

Entrepreneurship & Strategy Business Case Competition

Executive Director Pens for the Enquirer

NETWORK NOTESOhio Clean Energy Challenge -

Win Up To $110KSoMoLaunch Business

CompetitionLaunch Pad Startup Showcase

EventCincinnati Innovates Award

Winners Have UC ConnectionsCorporate Executives Band Together to Form CintrifuseBad Girl Ventures Accepting

Applications for Fall 2012 ClassAlum Adam Treister Featured

in Cincinnati EnquirerAlum Austin Allison Appears on

Cover of Entrepreneur Magazine

Candace Klein Honored by Forbes.com

Cincinnati Welcomes Venture For America Fellows

SBA Offering HUBZone Boot Camp Training

InfoTrust Announces Exciting New Technology

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E-CenterBoard of Advisors

Chairman: Tim Fogarty

West Chester Holdings

Vice Chair:Bill Keating, Jr.

Keating MuethingKlekamp PLL

Past Chair:Chris Nawalaniec

Stedman Machine Co.

Brandee Krabill AndersonFreelance Marketing Research Consultant

L. Stephen Boord Global Fresh Foods

John P. BurnsCincinnati Bell Technology

Solutions, Inc.

Bill CunninghamThe Cunningham Group

Chris DownieSparkPeople

Sarah R. EhrnschwenderMarketing Services, Inc.

Holbrook M. ForuszEnhanced Capital

Partners, Inc.

Rick KieserLanguage Logic, LLC

Jean B. LauterbachPrism Consulting Inc.

Rob Ratterman CanDo.com

Tony Shipley Queen City Angels

David M. SzymanskiDean, Carl H. LindnerCollege of Business

Jeff Wyler Jeff Wyler Automotive

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Letter from the Executive Director

Hello Everyone,

Welcome back to this historic Fall Semester! The UC community is coming alive with the return of students, classes, and football to campus.

As we transition from Quarters to Semesters and Summer to Fall, as you will read below, it has been a busy Summer on the entrepreneurship front. From hosting an engaging group of young African leaders on campus to the many honors and recognitions for

our student entrepreneurs and alumni, you will find a number of stories of interest. You will want to check out Bryan Wolf (BBA '11) and Josh Rudd (BBA '12) making the Empact100 list for their entrepreneurial efforts.

Also, please join me in welcoming a new Adjunct Instructor, Catalin Macarie, to the Entrepreneurship faculty this Fall. Macarie brings a wealth of educational, business, and entrepreneurial experience to the classroom.

Please take a moment to pause and reflect on the many fascinating stories below and the growing list of outstanding programs supporting students and entrepreneurs in "Network Notes." As always, if you have a story idea, please send it to us at ecenter@uc.edu and we will follow-up. Enjoy the transition to Fall semester and all the best for continued entrepreneurial success!

Charles H. Matthews, PhDExecutive DirectorUC Center for Entrepreneurship Education & Research

Young African Leaders Innovation Summit Welcomed to UC

The Greater Cincinnati World Affairs Council hosted an Innovation Summit and Mentoring Partnership with Young African Leaders in June 2012. The University of Cincinnati Center for Entrepreneurship Education & Research Executive Director, Dr. Charles H. Matthews, spoke with the group on campus. This three-week professional development program welcomed more than 60 young African Leaders to the United States, and is sponsored by the US Government in collaboration with the Meridian International Center. The event opened in Washington DC, with some of the leaders travelling to Cincinnati and other cities in the US.

For the entire story, please click here for the front page article of the Cincinnati Herald.

Announcing The Bearcat LaunchPad Business Accelerator/Incubator

Starting with the new Fall Semester 2012, the Carl H. Lindner College of

Business Student Action Team (formerly Tribunal) is excited to announce the re-branding and focus of the Bearcat LaunchPad, a unique business accelerator/incubator concept developed by and run by and for UC students. With tremendous support from LCB faculty members and from Dr. Charles H. Matthews and Dr. Thomas Dalziel of the UC Center for Entrepreneurship in particular, the student team developed a program focused on providing students from all majors an introduction to new venture creation and team building. Up to 15 students will go through a 12-week program during the Fall semester. The program will feature some of the most prominent entrepreneurial minds in Cincinnati and beyond who will share their experience and expertise with the groups.

Students will form interdisciplinary teams and each week go through sessions designed to take their ideas and design and refine a business model to take their concept to launch. At the conclusion of the Bearcat LaunchPad program, students will have opportunities to continue their entrepreneurship education via programs offered through the LCB, develop their business further, and/or seek funding for continued development. Sessions are slated to start in late September.

For more information, contact Bhavik Modi at contact@lcbsat.org or by phone at 513-299-8198.

Student Start-Up Featured on UC Virtual Tour

Joshua Rudd, co-founder of Piola Shoes and Lindner College of Business 2012 Alum, along with the Center for Entrepreneurship Education & Research is featured in a video as part of UC's Research Virtual Tour. The virtual tour highlights specific academic programs and their real-world, applied research projects led or conducted by undergraduate and graduate students.

Rudd's partner and co-founder, Antoine Burnier-Dechon, was an international student from the Audencia Nantes School of Management, a Lindner College of Business International Programs partner school in Nantes, France. Burnier-Dechon came to the Lindner College of Business for a study abroad course to complete his master's degree.

To view the video, click here

Josh Rudd and Antoine Burnier-Dechon source materials in the

Peruvian Rain Forest

Double Honor forGold Medal Products

This past June, Cincy Magazine announced the winners of the 6th Annual MANNY Awards,honoring outstanding manufacturing companies for innovation and best practices in the Tri-state. Gold Medal Products was recognized as one of the "Best Place to Work" in the Tri-State.

In addition, Cincy Magazine named Gold Medal Products one of the winners in the "Best Way to Treat Workers" category in their Fifth Annual

Best of Cincy Awards. JC Evans (LCB '54) is Chairman of Gold Medal Products Co. and Dan Kroeger, (LCB '74) is President and CEO. Congratulations to Mr. Evans and Mr. Kroeger and the entire Gold Medal team!

Empact100 List Names Two UC Alums

Bryan Wolf, BBA '11, co-founder, Roads Rivers & Trails and Joshua Rudd, BBA '12, one of the founders of Piola Shoes, were named to the Empact100 list for 2012. This list recognizes the top entrepreneurs in the United States under the age of 30, and revenues over $100,000. Public companies are not eligible.

The Empact100 list showed the power of these young entrepreneurs with a combined impact of 2,700 jobs added to the economy with $374 million in total revenue.

Click here to visit the Empact100 site to view the entire list.

The E-Center Welcomes Catalin Macarie

The Center for Entrepreneurship is pleased to welcome Catalin Macarie, who will be teaching Essentials of Entrepreneurship (ENTR2001) for non-business students this year. Essentials of Entrepreneurship is a core class for the UC|3 Certificate in Innovation Transformation.

Macarie is Founder and Chief Technology Officer of Cat Creatives, a professional online marketing, web design and development company located in the Northern Kentucky/Greater Cincinnati area and serving clients locally and beyond. He is a visionary, creator, and driver of strategies for business development, both profit and non-profit. Macarie has more than 19 years of experience working in marketing and creative services, sales and customer relationship management, web projects, and business development for both domestic and international markets. He holds a Master of Science in Executive Leadership and Organizational Development at Northern Kentucky University and a Master of Science degree in Engineering Design from the Polytechnic University of Bucharest. He is active on the Northern Kentucky International Trade Association (NKITA) executive board, the Greater Cincinnati Chinese Chamber of Commerce (GCCCC) executive board, and provided valuable assistance for the International Council for Small Business (ICSB) World Conference held in Cincinnati in June 2010.

Catalin Macarie

Undergraduate Entrepreneurship & Strategy Business Case

CompetitionThe Undergraduate Entrepreneurship & Strategy Business Case Competition is a rigorous classroom based undergraduate competition focused on business case analysis. The 2011-2012 1st Place winners were Michael Arnovitz, Teddy Douglass, Nicholas Radel, and Leland Zerbe and 2nd Place winners were Danielle Borman, Jeffrey Beamon, Meghan Yost, and Nicholas Miller.

This competition is open to undergraduate entrepreneurship majors in the senior year of

their program of study. Participants draw upon their cross-functional skills and use strategy and entrepreneurship consulting tools to provide advice to senior executives in high quality business case studies. Given that many small and medium-sized enterprises struggle to sharpen their focus while pursuing ambitious growth objectives, this year's competition offered students the opportunity to grapple with the challenges of diversification in the context of private for-profit and non-profit organizations.

Tackling the complex issues found in the cases used in this year's case competition helped prepare these students to serve actual clients facing similar challenges through our Small Business Institute® Field Case Program, in which they provided pro bono consulting services to entrepreneurial companies in and around Cincinnati. Said Dalziel, "The students are to be congratulated for the depth of their analysis, the quality of their recommendations and the professionalism of their presentations. They have bright futures ahead of them."

For more information, click here

Nick Radel, Teddy Douglass, Michael

Arnovitz, Leland Zerbe (L to R)

Entrepreneurship Center Executive Director Contributing Columnist for The Cincinnati Enquirer

Dr. Charles H. Matthews, Executive Director of the Center for Entrepreneurship Education & Research, continues to write for The Cincinnati Enquirer's business section regarding small business and entrepreneurship. His most recent article titled "Olympics Offer Lessons For Business" was published Sunday, August 12.

Click here to read the entire article.

Dr. Charles H. Matthews

NETWORK NOTESNotes of Interest from the

Greater Cincinnati Entrepreneurship Community

Ohio Clean Enery ChallengeCalling For Student Energy

Entrepreneurs

Win Up To $110,000 and more!

Presented by the University Clean Energy

Ohio Clean Energy Challenge is a clean energy student business plan competition. The Challenge provides student entrepreneurs with the opportunity to showcase their energy technology and business plans, receive university and industry support and feedback, gain exposure within the venture capital and funding community, and compete for cash prizes to support their technology and business plan.

The winner of the Ohio Competition will receive the $10,000 state prize and go on to compete for the $100,000 grand prize at the Midwest regional competition in Chicago, IL., and a place in the National competition in Washington D.C.

The University of Cincinnati Center for Entrepreneurship invites interested students and student teams to contact the E-Center office immediately to learn more about the competition, how to apply, begin team preparations, connect interested participants with potential team members, and connect with local resources that support clean technology venture creation. Contact the office or come to a no obligation info session When: Thursday August 30, 2012, 12 Noon to 1:00 p.m. Where: 502 Carl H. Lindner Hall.

If you have any questions, contact the Center for Entrepreneurship Education & Research at ecenter@uc.edu or by phone at 513-556-7133.

For more information on the Ohio Clean Energy Challenge, click here

SoMoLaunch Business Competition $5,000 Cash Prize

SoMoLend is SoMoLaunching your dream with a $5,000 cash prize! Do you have a great idea for a business? Do you currently own a small business and need funding to take it to the next level? If so, apply now to compete for $5,000 to help your worthy venture succeed. Don't hesitate, the time to act is now and the money is at the table!

SoMoLend has formed a Board of entrepreneurs, investors and business consultants who will review each SoMoLaunch Business Competition application. Points will be awarded for each required element and extra credit will be awarded for social media involvement, community involvement, photos of the business or product and a compelling business

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summary. From there, it's simple - the business with the most points wins!

Registration will be open from August 15 to September 30, 2012. Click here for more information.

Launch Pad Startup Showcase Event

You are invited to attend the 2012 Innov8 for Health Launch Pad Startup Showcase. The showcase is being held on Thursday, August

30, 2012 at the Cincinnati Museum Center at Union Terminal from 1:00 p.m. to 5:00 p.m. The schedule of events are:

� Launchpad Showcase Presentations 1:00-3:30 (snacks & soft drinks available)

� Reception and One-on-One Discussions 3:30-5:00 (hors d'ouerves and beverages provided)

The purpose of the showcase is to allow startup businesses to reveal their products that have been transformed, through the Innov8 for Health cycle, from innovative ideas into the next great things in healthcare! During the showcase, accelerator companies will show live demonstrations of the latest software solutions designed to solve real problems in healthcare. This event is open to investors, entrepreneurs, healthcare professionals, and all other interested members of the community. Come support the Innov8 for Health teams so we can help spur business development and advancement in the healthcare industry for the Cincinnati community.

For more information, click here

Cincinnati Innovates Award Winners Have UC Connections

Cincinnati Innovates awarded 17 people with 11 innovative ideas $100,000 in cash or in-kind prizes on Thursday, August 16, 2012. The winners will receive marketing and branding help, legal assistance, connections to further their product, and web development/video work. With over 250 online entries, the products ranged from child-tagging devices, mobile applications and nonprofit organizations.

There were a number of UC Connections among the winners. Jon Amster, BA '04, founder of 321-RIDE took the $5,000 Taft Legal Award. Brian and Aletha Tippet, founders of AT Squared and inventors of WoundPAL®, alums of the Cincinnati Creates Companies Program, took the $5,000 Round Pixel Studio Web Design Award. Racquel Redwood, MIN '12, BSBME '12, and her Pengueeni team, took the $2,000 Cooney, Faulkner, Stevens Award. Kristi Vredeveld and Camille Gartner, My Back Pack Tags, took the $1,000 GCVA Early Bird Community Choice Award.

For the complete story, click here

Corporate Executives Band Togetherto Form Cintrifuse

Cincinnati's top CEOs have announced a plan to boost high tech growth in the city by supporting startups and

luring venture capital to the Queen City. The effort is called Cintrifuse. Laura Baverman, The Cincinnati Enquirer, reported the following key components of Cintrifuse: 1) Venture capital of at least $55 million invested by the region's largest institutions to support fast-growing startups and lure new venture investors to town. 2) The leadership of P&G's top global innovation officer, on loan for two years to coordinate the region's innovation activities. 3) A 27,000-square-foot campus in Over-the-Rhine for entrepreneurs, designers, technologists, investors, lawyers, accountants and others to brainstorm, build businesses and take classes.

For more information on this new investment in the Cincinnati entrepreneurial community, click here

Bad Girl VenturesAccepting ApplicationsFor Fall 2012 Class

Bad Girl Ventures is recruiting its sixth class of women entrepreneurs, with an application deadline of September 1. Ten new or young companies will be selected to join the nine-week program. The program, for female entrepreneurs, pairs them with counselors and provides weekly seminars on everything from business planning to marketing and accounting.

At the end of the nine week program Bad Girl Ventures will announce the winner of a $25,000 loan to help grow her business.

For more information and to apply, visit www.badgirlventures.com

Adam Treister, DAAP '10,Founder, Student Designed

Featured in The Cincinnati Enquirer

Adam Treister, DAAP '10, is founder of Student Designed Network, a technology platform that matches businesses and nonprofits in need of planning, research and design with university students that are more than qualified to perform the work. Student Designed creates a place where businesses can submit requests for students to work on projects.

Universities review the project proposals and accept the best ones for their students. Professors guide their students by basing their coursework on real-world projects.

You can contact Adam at treister.adam@studentdesigned.com or,for more information, visit their website by clicking here

Austin Allison, Founder, Dotloop,Appears on Cover of

Entrepreneur Magazine

Austin Allison, AAS '08, BSCM '08, is the founder of Dotloop and recently appeared on the cover of Entrepreneur Magazine. DotLoop was founded in 2008, when Allison was a real estate agent and became frustrated with how the transactions and back-and-forth nature of the transactions were handled when negotiating to buy and/or sell real estate. Allison secured almost $3 million in investments from local wealthy individuals to launch the software in November 2009.

More than 200,000 agents (nearly 20 percent of the market) uses DotLoop today. Allison says the value of his investors' shares has grown more than 2,500 percent! The firm has been profitable since April 2011.

For the complete story, click here

Candace Klein Honored by Forbes.com

Cincinnatian Candace Klein, founder of Bad Girl Ventures and SoMoLend was named by Forbes.com one of the top 10 influential people in business crowdfunding. Raising small amounts of money from several individual investors to help grow your business is 'Crowdfunding.' Klein's SoMoLend, which was launched early this year, lets small businesses use their smartphones and social media to find qualified investors. Click here to subscribe to crowdfunding.org.

To read the entire story, click here for Laura Baverman's Innovation column for the Cincinnati Enquirer.

Candace Klein

Cincinnati Welcomes Venture for America Fellows

Cincinnati welcomed the Venture for America Fellows on a beautiful Friday evening in August for a Cincinnati Red's game at Great American Ballpark. The excitement of being on the Ohio River, attending a sold out game with Pittsburgh, along with the Friday Fireworks compounded a great experience for these recent college graduates.

UC Center for Entrepreneurship Board Members, Bill Cunningham and John Burns, welcomed the Venture for America Fellows to the ball park. "I cannot thank John Burns enough for his providing the perfect venue to welcome the new fellows to Cincinnati," commented Dr. Charles Matthews, E-Center Executive Director. "It was a perfect night for baseball and showcasing Cincinnati's entrepreneurial spirit."

The VFA program is for young, talented college grads to spend two years in the trenches of a start-up with the goal that these graduates will become socialized and mobilized as entrepreneurs moving forward. The 2012 Fellows are in place and partner ventures are set to go in the four different cities.

For more information about the Venture for America Fellows program, click here

Bill Cunningham, John Burns and Venture for America Fellows (L to R)

Small Business Administration Offering HUBZone

Boot Camp Training

The US Small Business Administration is offering Historically Underutilized Business Zone 'HUBZone' Boot Camp training. It is designed to introduce your business to the program, help determine whether your business is eligible for the program, and support your business' efforts to participate in the program.

The program is being offered on September 5, 2012 in Columbus, Ohio.For additional information regarding the HUBZone program, please visit www.sba.gov/hubzone. To register for the event, email Jill Nagy-Reynolds at jill.nagyreynolds@sba.gov or by phone at 614-469-6860, extension 247. This event is free and open to the public.

InfoTrust AnnouncesExciting New Technology

Amin Shawki (BBA '12, Entrepreneurship), Digital Marketing Manager for InfoTrust, announces an exciting new technology from the Blue Ash based digital marketing company.

InfoTrust's revolutionary mobile technology is making a splash at the Walk of Fame in Cincinnati's newly renovated Washington Park. The technology allows park visitors to select a song sample from an American Classical Hall of Fame inductee and either play it through the park's fountain speakers, in the park plaza, or on their mobile device.

For more information about this innovative project, click here

E-Center StaffDr. Charles H. Matthews, Executive Director Sherry Hetzer, Assistant DirectorKyle Neyer, Student Worker

Contact UsCenter for Entrepreneurship Education & ResearchCenter Website:http://www.ecenter.uc.edu/E-mail: ecenter@uc.edu

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