MBA Student Wins Statewide Business Plan Competition
October 06, 2011
|Slaughter (far right), picture here (from left to right) with Pat Schneider, Florida Venture Forum Program Director, Will Silverman of the Launch Pad, and Collaborative Bioscience co-founder Mike Slocombe.|
One of the School’s MBA students has won the first annual statewide collegiate business plan competition at the annual Early Stage Venture Capital Conference. Mark Slaughter, CEO of Collaborative Bioscience, beat out six other finalists from other universities throughout the state of Florida. He is currently a student in the School’s MBA for Working Professionals program.
Slaughter and his cofounder, Michael Slocombe, launched their hospital services company Collaborative Bioscience in August 2011. Collaborative Bioscience minimizes costs for hospital systems by mobilizing underutilized assets within organizations. They have been working with The Launch Pad, a UM entrepreneurship initiative, for the past several months to develop, refine, and go to market with their concept.
"Winning the Florida Venture Forum's competition was further validation of our concept's ability to be able to go to market and be profitable," says Slaughter. "The competition gave us the chance to pitch our idea to the investment community, which saw the immense potential our service has to scale nationally and globally. We have several dozen hospitals intent on implementing our service over the next few months, getting financial backing from a local Miami Venture Capital or Angel fund is critical to our success."
The principle purpose of the Florida Venture Forum’s Annual Conference is to showcase early-stage, high-growth private companies before a national audience of venture capitalists, angel investors, private equity investors and investment bankers. These entrepreneurial companies have talented management teams, proprietary technology, and high growth potential and are currently seeking early stage funding