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uSEED Please visit www.UDseed.info for Beta platform being tested by the University of Delaware
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Page 1: uSEED: Funding College Entrepreneurship

uSEED

Please visit www.UDseed.info for Beta platform being tested by the University of Delaware

Page 2: uSEED: Funding College Entrepreneurship

Research

Arts

uSeed supports Entrepreneurship

for every college student

Startups

Causes

Page 3: uSEED: Funding College Entrepreneurship

20087,500 new startups each

year from the top 25 entrepreneurial schools

alone

Princeton Review

Page 4: uSEED: Funding College Entrepreneurship

20105,000+ college courses

on entrepreneurship

Ewing Marion Kauffman Foundation

Page 5: uSEED: Funding College Entrepreneurship

Today2,000+ colleges nationwide

Ewing Marion Kauffman Foundation

Page 6: uSEED: Funding College Entrepreneurship
Page 7: uSEED: Funding College Entrepreneurship

Entrepreneurship ≠Business Plan

The Problem

Page 8: uSEED: Funding College Entrepreneurship

“Students in any major were more likely to pursue entrepreneurial activities if they had been required to develop solutions to

real-world problems.”

New York University 2008 Study

The Problem

Page 9: uSEED: Funding College Entrepreneurship

To teach entrepreneurship you

must fund student projects

The Problem

Page 10: uSEED: Funding College Entrepreneurship

How do you fund them?

No experienceNo customersNo assets

The Problem

Page 11: uSEED: Funding College Entrepreneurship

CrowdFunding

The Solution

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Page 13: uSEED: Funding College Entrepreneurship

Competitors

Kickstarter - $10M

Page 14: uSEED: Funding College Entrepreneurship

Competitors

Fundly - $2M

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Competitors

profounder - $1M

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uSEED

CrowdFunding through the already established

University Alumni Networkswithin university curricula

Our Differentiator and Competitive Advantage

Page 17: uSEED: Funding College Entrepreneurship

Business Model

uSeed keeps 4% of every donation as well as charges a $5,000 annual licensing fee to

the Development Office of participating universities

Page 18: uSEED: Funding College Entrepreneurship

Our Team

Brian Sowards – UD AlumA serial entrepreneur who left UD Honors Program to start his 5th company, Brian has worked with over 50 market leadersproviding technology solutions to business challenges.

Steve Roettger – UD AlumA Finance and Management Information Systems graduate, Steve pursued his entrepreneurial dreams after college, launching several companies and attracting national attention through the coIN Loft – Delaware’s first co-working space.

Matthew Racz– UD AlumAn Operations Management graduate, Matthew started his own part-time business while at UD, runs a college entrepreneurship video blog called Start It Up TV, and was a force behind the development of the Entrepreneurship program at UD.

Page 19: uSEED: Funding College Entrepreneurship

Wes Garnett – Del Tech AlumAn industrial engineer, Wes founded several companies and serves as a mentor in UD’s Business Plan competition. He is co-founder of the coIN Loft – Delaware’s nationally recognized co-working space.

Dan Freeman, Ph. D., University of DelawareAs Faculty Director of the Entrepreneurial Studies Program, Professor Freeman has spearheaded several initiatives to increase entrepreneurial activity among students campus-wide.

Our Team

Page 20: uSEED: Funding College Entrepreneurship

• October 7th: Beta Launch at University of Delaware – First Round of 3 Projects

Projections and Milestones: Oct. 2011 – Feb. 2012

• November 7th: Second Round of 12 Projects at UD

• 2012 Spring Semester: UD Plus 2-3 More Universities Fully Utilizing uSeed

Page 21: uSEED: Funding College Entrepreneurship

Contact

Matthew Racz

[email protected]/in/mattracz

1-908-917-6181