MBA Alumnus Wins Statewide Business Plan Competition
October 21, 2008
Saccoman was the runner-up and winner of $4,000 in the High-Potential Venture category in the 2007-2008 Rothschild Entrepreneurship Competition hosted by the UM School of Business. His venture, MyTherapyJournal.com, provides a Web site where paying members can maintain a therapeutic journal and track the progress of personally set goals using proprietary online tools based on cognitive behavioral therapy.
“At the end of the day, we want to make people’s lives better, to help them achieve greater well being,” says Saccoman.
In the 3rd annual Sunshine State Venture Challenge, held in Orlando Oct. 23 and 24, Saccoman first had to make it into the finals, where he then presented his plan before prominent members of the Florida business community, who served as judges. After a question and answer session, the judges selected winners using scoring procedures similar to those used in other prominent national and regional collegiate business plan competitions. The scoring included face-to-face deliberations among the judges in a closed room. Winners were selected in two categories: the Capital-Intensive Track and the Limited-Investment Track. The runner-up in the UM School of Business Entrepreneurship Competition’s Small Business category, CorpSpeak, represented the University in the Limited-Investment Track.
The winner from the Capital-Intensive Track is invited to pitch the winning proposal at the Florida Venture Forum’s annual convention. That will be held in Naples in February 2009. You can read more about Saccoman and MyTherapyJournal.com in the upcoming issue of BusinessMiami magazine.