Dean’s Welcome
Break out your lances, Knights, it’s time to Joust! In ancient times, the joust was a competition filled with pageantry. A competition that set apart the best rained and most accomplished knights from the rest of the realm. Our Joust is no different.
The Joust is open to any student at UCF. It is faciliated by our faculty and judged by highly successful business professionals. It takes courage to enter, research to prepare and swagger to win. Comfort zones are exceeded. Vision is married with data. Egos are risked. Failure is almost certain. Only one team walks away with the top prize.
This year will not disappoint as our student entrepreneurs will be delivering some of the most impressive venture proposals we’ve seen in the competition. The interaction and advice our competitors receive from our esteemed judges, faculty and staff are priceless. The Joust experience differentiates the contestants from the less adventurous UCF student. As everyone knows, a good scar makes for a great story.
Go Knights! Charge On!
Paul Jarley, Ph.D.
Dean
How to Apply
- Problem - Describe the problem and customer frustrations you intend to address
- Solution - Describe how your offerings (products/services) address the problem
- Market Opportunity - Describe your target market, market size, and potential growth
- Business Model - Describe how you will you earn revenue
- Competition - Describe current competitors/alternatives and how your solution is better
- Marketing & Sales - Describe how people will learn about and acquire/buy your offerings
- Team - Describe your team members (individuals are welcome to apply)
- Current Status - Describe progress you've made interacting with users, customers, partners, etc.
- Financial Projections & Milestones - Describe your path to sustainability and success (3-5 years)
Answers must be concise, limited to several sentences each (there are character limits for each question). Contestants will be provided feedback from our application review judges when we announce the proposals that advance to our semi-final round.
Also, our mentoring staff at the Blackstone LaunchPad in the UCF Student Union Lobby is available to help contestants review their business models, financial models, presentation strategies, and pitch decks. We encourage contestants to visit our free, confidential, expert startup coaches to select and schedule coaching sessions. Past experience shows that coaching significantly contributes to students' odds of qualifying and earning awards. If you have questions, contact us at LaunchPad@ucf.edu or call (407) 823-2642.
Judging Criteria
- Proposed Product/Service and Market Opportunity (25%)
- Revenue Model and Financial Projections (25%)
- Team and Execution Plan (25%)
- Overall Impact (25%)
Awards & Sponsors
The anticipated cash awards to be distributed among our finalists are as follows.
- 1st Place – $12,000
- 2nd Place – $7,000
- 3rd Place – $4,500
- 4th Place – $2,000
Generous community sponsors also provide critical in-kind contributions of business services to the 1st place venture.
Important Dates
- March 4, 2024 at 4:00 p.m. ET
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EApril 3, 2024: Joust Semi-FinalsHeld at the College of Business at 3:00 p.m. ET. Attendance is by invitation only.
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EApril 11, 2024: Joust FinalsHeld at the Celeste Hotel on the UCF Campus at 3:00 p.m. ET. Attendance will be open to registered guests.
The Agenda
The Celeste Hotel at UCF, across Parking Lot A.
Need directions?
Contestant and Judge check-in will begin at 1:30 p.m. ET.
We welcome participants and review event details beginning at 2:00 p.m. ET.
Joust presentations will begin at approximately 2:20 p.m. and end by 3:40 p.m. ET.
Judge deliberation and the reception will begin at approximately 4:40 p.m. ET.
Winners will be announced at approximately 5:00 p.m. ET.
Judging Criteria
- EProposed Product/Service and Market Opportunity (25%)
- ERevenue Model and Financial Projections (25%)
- ETeam and Execution Plan (25%)
- EOverall Impact (25%)
Awards & Sponsors
The anticipated cash awards to be distributed among our finalists are as follows:
- 1st Place – $12,000
- 2nd Place – $7,000
- 3rd Place – $4,000
- 4th Place – $2,000
Generous community sponsors also provide critical in-kind contributions of business services to the 1st place venture.
Thank you to our in-kind sponsors!
Central Florida’s Finest Service Providers
A Special Thank You to The Michael & Colleen O'Donnell Family Foundation
Join us in extending heartfelt gratitude to the Michael & Colleen O’Donnell Family Foundation for their remarkable contributions to the Center for Entrepreneurial Leadership. Their unwavering support has empowered aspiring entrepreneurs, fostering innovation and leadership excellence. With their generosity, we’ve been able to provide invaluable resources and mentorship, shaping the future of entrepreneurship.
The Rules
- Teams that advance to the Semi-Finals and Finals are encouraged to participate in advising sessions and workshops leading up to the Joust. You can find our orientation events and sign up fo Blackstone LaunchPad mentoring sessions here.
- Contestants will have ten minutes to present their pitch deck, with six minutes allocated to Q&A from the judging panel. We will allow presenters to use the balance of their 16-minute allocation if the presentation runs short.
- Ventures submitted for the Joust are not kept confidential, so do not include detailed descriptions of intellectual property in your submission. Participants retain ownership over their ventures, concepts, and ideas.
- All contestants are expected to compete with integrity and shall not knowingly deceive judges or members of the selection committee. All presented materials shall be offered as an accurate representation of your knowledge and expectations, and shall not contain false or misleading statements. Contestants who violate this expectation of integrity are subject to disqualification and revocation of awards.
- Joust participants authorize UCF, CEL, and its affiliates to use a summary of the content of their submission and any video and image submissions for publicity purposes related to the Joust.
The organizers of the Joust reserve the right to disqualify any entry that, in their judgment, violates the spirit of the competition guidelines.
Please email or call the Blackstone LaunchPad (launchpad@ucf.edu; 407-823-2642) with any questions regarding eligibility and rules.
Eligibility
- The competition is open to all full-time and part-time undergraduate and graduate students enrolled at UCF during the 2023-24 academic year. Each venture’s management team must consist of at least one UCF student who has a key role and ownership stake in the venture. Alumni and non-students may participate as members of a venture’s founding team, but only UCF students may participate in presentations or answer questions from judges.
- Submissions may be entered by individuals or teams. The size of teams is not restricted. Applicants may only submit one idea, and students may only participate on one team.
- Entries must be the student’s original work, and only complete applications will be considered.
- As of March 15, 2024, ventures entered in the Joust New Venture Competition must not have accepted non-institutional funding in excess of $150,000 (e.g. contests, grants, friends and family, bank loans, etc). Teams must disclose prior funding received when they apply for the Joust.
- New venture proposals that have been presented in a previous Joust Final are not eligible to participate.
Joust Finalists for 2024
Unbound Disability Claims
ZuLeris Interactive
Emergency Insights
CyberColosseum Solutions
Finals Judges
Ed Schons
Retired
The President of the Florida High Tech Corridor and Assistant VP for University Relations at UCF
Joust Semi-Finals Competitors
Emergency Insights
Emergency Insights revolutionizes hazard risk mitigation by providing precise assessments for both individuals and counties. For users, we offer insights into property risks, aiding in informed decisions about purchases and disaster preparedness. Our annual hazard reports for counties assist in strategic planning and resource allocation. Unlike existing solutions, we provide up-to-date data, comprehensive coverage, and user-friendly accessibility at an affordable price.
CallRespondAI
CallRespondAI offers an AI-powered solution for contact centers, featuring a cutting-edge receptionist driven by advanced machine learning algorithms. We reach our target market through various channels, including social media, industry events, and partnerships. Our tiered subscription pricing model charges clients based on usage "tokens," ensuring cost-effectiveness. With seamless interactions, tailored support, and stable financial solutions, CallRespondAI provides reliable contact center support and a trustworthy receptionist experience for callers.
Tank Sense
Our product is an IoT-based monitoring and maintenance system designed for residential and commercial septic systems. By leveraging real-time data analytics and AI-driven insights, we aim to extend the lifespan of septic systems, reduce the need for costly repairs, minimize environmental impact, and improve overall system efficiency.
Bala Bottles
Bala Bottles is an insulated dual bottles for an active lifestyle. Each 32oz bottle features a yin-yang design with screw caps to prevent spills. Stay balanced, stay refreshed with two drinks in one bottle. Empower your active lifestyle with convenience and versatility. Bala fosters community through wellness-focused social media content.
Red Room Participating Judges
Snag Speed
Snag Speed re-imagines nightlife reservations with an intuitive app that allows users to effortlessly book sections, pre-order drinks, and skip lines using Snag Speed Session Pass. With group bookings and club bundle deals, enjoy fast entry and cashless transactions all from your phone. Our data-driven approach fosters transparency between clubs and users, ensuring seamless experiences while prioritizing safety and security.
Unbound Disability Claims
Imagine facing a shocking cancer diagnosis after seeking treatment for stomach pain, leading to job loss and financial strain. Applying for Social Security Disability (SSD) becomes a daunting task, taking hours to complete online, only to be denied after months of waiting. Appeals bring no relief, as savings dwindle, debts mount, and health deteriorates. This struggle is all too common for 62% of SSD applicants. Our solution? The Disability Claim Builder, streamlining the process to secure faster approvals and much-needed benefits, akin to TurboTax for the SSD industry.
Hyper Bionics
Hyper Bionics (HB) designs and manufactures 3D printed wearable bionic arms, like the MARK 1 (Mechanical Arm with Robust Kinematics), to ease heavy lifting. These arms enhance efficiency and reduce injury risk, benefiting moving companies, delivery drivers, and other heavy-lifting jobs. For instance, employees can effortlessly lift furniture or packages by activating the arm. Additionally, the bionic arm serves as protection against heavy objects. Future plans include extending research to 3D printed leg supports with linear actuators, aiming to restore mobility for paralyzed individuals.
Kaizen Energy
Yellow Room Participating Judges
Laurette Koellner '77
Corporate Board Member
Celestica Inc., Nucor Corporation, Papa John’s International, Inc, and the Goodyear Tire & Rubber Company
Theseus Financial
Our axiom is simple: "People don't want to think about money." At Theseus Financial, we make it effortless for users to maximize their credit card rewards and consolidate gift cards. Our goal is to empower users to focus less on finances and more on enjoying life. With minimal effort, we help customers get the most out of their purchases, putting more money and rewards in their pockets and reducing financial stress. As we expand, we aim to offer additional personal finance services to further this mission.
CyberColosseum Solutions
CyberColosseum is a dynamic training platform immersing your information security team in realistic cyber warfare scenarios. Facing simulations of real-world threat actors like those behind major breaches, your team hones their skills in a custom environment mirroring your company's infrastructure. Unlike static content that quickly becomes outdated, our platform delivers up-to-date threats in a high-stakes practice setting. Our mission? Equipping your team to defend against cyber threats and safeguard your company from becoming the next victim.
Unastahili Kuonwa (You Deserve to be Seen)
Unastahili Kuonwa aims to empower communities in Kenya and beyond by creating accessible artwork that celebrates cultural diversity and heritage. Through an organization of local visual artists, we'll conduct workshops in Kenyan villages, teaching participants to craft their own empowering imagery. By fostering skills in artistic expression and entrepreneurship, we aim to promote cultural identity, economic empowerment, and sustainability within communities. Ultimately, our goal is to cultivate a vibrant and inclusive artistic community that honors Kenyan culture. The artwork will be shared globally through virtual exhibitions.
H2FLO
Our mission at H2FLO is to empower our customers with an eco-friendly and efficient water management technology, enabling them to significantly reduce their water bills while actively contributing to the global sustainability efforts. We are able to do this by using our smart water management technology, traditional water meters measure by volume and cannot tell the difference between water and air, our product ensures accurate readings at the water meter by creating a laminar flow at the water line and compressing the air.
Blue Room Participating Judges
Crcl | Social Media Reimagined
Our company, Creating Real LLC, aims to revolutionize social interaction through our primary app, Crcl. Unlike traditional social media, Crcl prioritizes real-life connections by encouraging users to add only those they know personally. We uphold industry-leading standards, including stringent security measures and a user-friendly interface that prioritizes mental health and well-being. Our goal is not to compete with existing social networks but to establish a new standard for social interaction platforms. By promoting offline connections and community engagement, we foster a healthier relationship between users and the platform.
BulletPROOFED
Studies by the American Cancer Society state that broad spectrum SPF 30 sunscreen helps adequately protect skin on sunny days. Because BulletPROOFED is a sports/men’s sunscreen it needs to be travel sized in order to entice the target market to carry it. BulletPROOFED sunscreen would use ingredients to act as a skin care product aiding in replenishing skin with necessary minerals and vitamins. This piece is second to the basis of the product, which is to protect men from harmful UV rays. I bring to you the Travel sized BulletPROOFED SPF30 sunscreen. Throw it into the motorcycle bags for guys on the on go!
ZuLeris Interactive
ZuLeris creates interactive electromagnetic warfare (EMW) virtual training environments (VTE) to supplement live learning systems. In our constructive VTE, users can educate, train, and rehearse scenarios to accelerate learning and achieving superiority in their field.
Sun Rover
Sun Rover is a lightweight aluminum trailer with a foldable solar panel array and battery pack. This will sustainably provide mobile power to off grid areas. The silent, clean, and light trailer will replace the loud, dirty, and heavy diesel generators commonly used.
Purple Room Participating Judges
Application Judges
Scott Vedder
Résumé and Interview Support, Military-to-Civilian Career Transition
The COMMIT Foundation