February 4, 2013
KaLynn Alley to Pitch Business Venture in International Competition
Student will travel to Bangkok, compete against 16 teams
University of Oregon School of Law second-year student KaLynn Alley will have a busy next few months. Alley, along with MBA students Rob Wolti and Joe Wright, was selected to participate in the Bangkok Business Challenge for Real Energy Partners LLC, a financial services firm that invests money in energy-efficient commercial buildings. Alley and her business partners founded their company during the University of Oregon Venture Launch Course, which is organized through the Center for Entrepreneurship at the Lundquist College of Business.
The competition will take place in Bangkok, Thailand, from Feb. 26 through March 3. Sixty-three teams from 20 countries representing five continents applied to the competition, but only 16, including Alley’s team, were selected to compete in Thailand. Real Energy Partners LLC is one of only two U.S. teams to compete. The other top teams hail from Singapore, Thailand, China, Malaysia, South Korea, India, Portugal, Australia, France, Spain and Taiwan.
Teams will be evaluated on their business pitches, elevator pitches, business plans and performance and booth display during a trade show. First place winners will receive a $10,000 cash prize to start their business.
From March 14 through March 19, Alley will also attend two conferences in recognition of her work in organizing Startup Weekend Eugene in October of last year: the 2013 Startup Weekend Organizers Summit and the 2013 Global Entrepreneurship Congress, both held in Rio De Janeiro, Brazil. Startup Weekend is a global nonprofit organized in Seattle that for three days each year provides a space for entrepreneurs and investors to mingle, pitch business plans, and develop prototypes. The organization also provides tools and training to those who want to host a Startup Weekend in their city. Global Entrepreneurship Congress is much like Startup Weekend but differs in that it engages with entrepreneurs on an international level. The conferences were held at the same time and place to give conference-goers the chance to attend both events.
For her work, Alley was chosen to join a select group of Startup Weekend Organizers from around the globe to participate in both conferences. While in Brazil, Alley will hear from world leaders, economists and other experts regarding programs, policies and research aimed at advancing entrepreneurship, and form valuable personal and business connections. She will also have the opportunity to participate in a wide of array of conference-related events that will help to strengthen her business acumen and professional network.