Henry R. Kravis Award for Entrepreneurship
23rd Annual Henry R. Kravis
Concept Plan Competition
This is a competition for students and alumni of the Claremont Colleges who think they have what it takes to be an entrepreneur.
Miles Bird (CMC)
Demetri Monovoukas (HMC)
Collin Hill (U Penn)
Aaron Goldstein (U Penn)
DNA of Dating
Christopher Mushaw-Rodriguez (CGU)
Robert Davies (KGI)
Karishma Dagar (KGI)
Onofre Bacani (KGI)
Ilan Vourman (Pomona College)
Jade Silver (Scripps College)
Joe Roberts (CGU)
Yousef Abed (CGU)
Abdullah Murad (CGU)
Crispaul Obana (CGU)
2013 FIRST PRIZE WINNER
Professor James Mills (right) confers the 2013 Henry R. Kravis Award to Miles Bird (center) and
Demetri Monovoukas (left) at the Drucker School of Manangement, CGU
Students Miles Bird, Claremont McKenna College; Demetri Monovoukas, Harvey Mudd College; Collin Hill and Aaron Goldstein, University of Pennsylvania.
The Life Patch System is a small, non-invasive real-time patient temperature monitor. The electronic patch (still under development), would adhere to a person's neck and measure body temperature. It would wirelessly send data in real time to a mobile phone or other computer device, eliminating the need for frequent checks with a conventional thermometer on young, ill, or elderly patients.
The team emerged with the idea for the patch when Hill needed to regularly monitor his own body temperature while receiving treatment for Non-Hodgkin's lymphoma.
About the contest
Six teams of aspiring entrepreneurs competed at the 23rd annual Henry R. Kravis Concept Plan Competition on Friday, May 3 at The Drucker School of Management, where the finalists presented their business plans to a panel of judges. The Top 4 teams shared $8,000 in prize money.
The contest, hosted by Claremont Graduate University's Peter F. Drucker and Masatoshi Ito Graduate School of Management, recognizes Claremont Colleges students or alumni who develop business plans that demonstrate the competitive nature, flair, and general aptitude required of an entrepreneur in today’s world.
In conjunction with the naming of the Peter F. Drucker Graduate School of Management, Henry R. Kravis, a founding member of the Board of Visitors, established a $175,000 endowment fund. Each year the income from this endowment is awarded to the student(s) or alumni, if any, who demonstrate real promise as entrepreneurs.
The amount awarded each year depends on the interest from the endowment and the number of awards granted. No more than three will be granted; if no submissions are deemed worthy, no awards will be made. Awards will be made by a committee of judges consisting of practitioners involved in entrepreneurial ventures and venture capital.
Students and alumni of any of the Claremont Colleges may enter this competition.
What do I need to do?
Students and alumni who wish to compete for the award must submit their concept plan not to exceed 10 pages. The ideas and reports must be original, but may be the work of a team consisting of no more than four students/alumni. Entrants will be asked to attest to the originality of the idea.
How do I enter?
Interested students and alumni must submit by regular mail or in person 3 hard copies of their concept plan, along with a statement waiving confidentiality for the purposes of judging, to the address below. Please include a cover letter with concept name, list of team members, and name of school and class year for all team members.
The Drucker School of Management
Claremont Graduate University
c/o Kelly Kleine—Kravis Coordinator
1021 N Dartmouth Ave., Suite 101
Claremont, CA 91711