Exploring the NVC Trade Show

9 04 2009

Erin and I just got back from the NVC Trade show where each team displayed their venture with confidence. The room was packed, we were standing elbow to elbow and teams were able to interact with judges while people milled about the room.

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Here I am checking out the Sidekix team's product and display.

One of the first booths that caught my eye was from the team from San Diego State University, SideKix. They have developed a women’s shoe and handbag accessory business that gives women an alternative to enduring painful high heels. The interactive set-up of the SideKix booth made it easy for me to gain a better understanding of their product and even get a closer look at the actual product.

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Jim Sever, CFO of the Interactive Fan team, tells me more about the team's business plan and how the product works.

Next, we visited the team from the University of Oregon, The Interactive Fan, where we spoke to Chief Financial Officer Jim Sever. The Interactive Fan is a fantasy sports and trivia game that fans play on web-enabled mobile phones at sporting events. Jim was very enthusiastic, and took the time to give us an in-depth explanation and a computerized demonstration.

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KT Tape team members from Brigham Young University discuss with an NVC judge.

One of the final booths we visited was the team from Brigham Young University, KT Tape. KT Tape TM brings a new product category to the consumer mass retail market (kinesiology tape) through pre-existing retailer relationships and a business-to-business distribution model.

We were really impressed to learn about the team’s exclusive endorsement with two-time Olympic gold medalist Kerri Walsh. We also appreciated the sample of the KT Tape in the brochures which gave us a better understanding of the product.

Overall, the Trade Show was a huge success and really embodied the spirit of competition and the passionate individuals who are here to compete.

The winner of the Trade Show Competition Round will be announced Saturday at Columbia Sportswear Awards Reception. Check back later to find out which team stood out above the rest and take home the $1,000 cash prize.





Let the games begin…

9 04 2009

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The Start-Up Round is underway and the teams are milling about anxiously awaiting their turn to present.

Just to clarify, the Start-Up Round is a 40 minute round for teams to practice their presentations in front of judges.

The three areas covered are the 60-second elevator pitch, 15-minute investor presentation and 20 minutes of feedback. I got the privilege of watching airSwim begin its NVC journey.

AirSwim, the team comprised of Kyle Goldschmidt, Rugigana Kavamahanga, Matt Michaux, and Craig Musheno, confidently awaited their turn to present in the Roy Yates Room at the historic Multnomah Embassy Suites here in Portland.

The team presented their plan for an early stage telemedicine company that provides telemedicine service to physicians . This service uses the power of data and social networks to reduce the cost of healthcare and to continuously improve treatments. airSwim will target its network initially for the treatment of asthma and sleep apnea.

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Rugigana Kavamahanga began with a captivating “Elevator Pitch” that summarized the team’s venture and captured their enthusiasm for this competition. Next, Craig Musheno began the presentation portion of the competition by addressing the most important aspects of the proposed venture. The specifics of the airSwim concepts were clearly presented and professionally outlined with an emphasis on the statistics and measurable monetary value.

I was equally impressed as Kyle Goldschmidt and Matt Michaux continued the presentation with confidence and maintained a high level of enthusiasm. Each member of the four-man team contributed pertinent information.

As the Start-Up Round wound down the judges recognized the team’s passion and commended airSwim for a job well-done.

“It was great. The judges feedback was very insightful and added to our confidence,” said airSwim team member Kyle Goldschmidt.

Good luck to airSwim and the rest of the NVC teams as the rounds continue.

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