Schedule

Monday

5:00 p.m. – Receive Business Plans

You will receive business plans via email. You have about three days to do a month’s worth of due diligence. It is imperative that your team has a strategy for handling this workload. During this time your team needs to: 

  • Read business plans

  • Thoroughly research all plans (do not dismiss a plan yet)

  • Fully prepare for due diligence sessions, including a list of questions and strategy for each entrepreneur

Thursday

Afternoon – Recommended arrival time for traveling teams

Friday

11:00 a.m. – Team Orientation

12:00 p.m. – Lunch

1:00 p.m. – Entrepreneur Pitches

No questions are allowed during the presentations. Slides are not distributed, so it is important to take good notes.

2:30 p.m. – Due Diligence

After watching the presentations, each team will have an individual 15-minute Q&A session with each entrepreneur. This session is your chance to get any information you need directly from the entrepreneur to make your decision. It is also the first opportunity judges will have to watch you perform, and each judge will only get to score your performance with one entrepreneur (they can only be in one place at a time). Hence, your team needs to be on its game for all Q&A sessions. Think of these deals as having been referred to you by a respected colleague or a limited partner. Even if you know you cannot fund the deal, you will have to explain your decision thoughtfully.

5:00 p.m. – Official Events Completed for Friday

Saturday

9:00 a.m. – Written Deliverables & PowerPoint Due

You have the evening to make strategic investment decisions and finalize deliverables. You may submit your executive summary, term sheet summary, and PowerPoint presentation prior to 9:00 a.m., but they must be received by the SVCIC Organizational Team before the deadline.  The executive summary covers all deals: why you did or did not invest. Make sure it explains your investment decision. Try not to use long list of bullets. Instead, prioritize to make your message clear. You may have up to three pages of appendices to further make your point (with graphs, charts, comparables, etc.). Use the provided Term Sheet Summary template. In your PowerPoint presentation, do not simply repeat your executive summary; judges have already read that document (you never want to bore VCs!). Make sure you add value to what the judges have already seen.

9:30 a.m. – Teams Arrive at UNC Kenan-Flagler & Random Drawing

Teams must be in attendance to witness the random drawing that will determine presentation order for the day.  Continental breakfast will be served. 

10:00 a.m. – Team Presentations and Q&A (4 and 8 minutes, respectively)

Each presentation will last approximately 12 minutes, consisting of 4 minutes of team presentation and 8 minutes of judge Q&A.   

12:30 p.m. – Lunch

4:00 p.m. – Judges Voting Session

4:30 p.m. – Awards Ceremony and Feedback Sessions with Judges

Each team will be given an opportunity to meet with judges to receive feedback on their deliverables and overall performance.  Hors d’oeuvres and drinks will be available.

6:30 p.m. – Social Event (Chapel Hill, Location TBD)