2021 Selection Committee Full Notebook

Oklahoma Venture Forum

2021
Award Selection Committee

Email: [email protected] Tel: 405.604.4775/ Cell: 405.410.6259
Website: WWW.OVF.ORG PO Box 1701, OKC, OK, 73101

Hello,

Enclosed you will find a Digital copy of the OVF Awards Selection Committee booklet that contains
an agenda, a Non-Disclosure agreement, a list of the selection committee members, a copy of the
original application and competition guidelines/standards, and the last two sections of the booklet
contain the applications received for VOY and MPNV.

Please make sure to sign the Non-disclosure agreement and scan and email it back to me.

Take some time to review the applicants before the meeting and make a note if there are any
applicants that would seem to be a conflict of interest if you were to interview them. For example, if
they are a student of yours, a close friend, etc.

Take notes about anything you may recall from the applicants who have applied in the past or notes
about anything else that would be relevant to the entire committee. Once it has been determined
which member will interview which nominees you will receive additional information about that
nominee if it was provided.

There will be 2 meetings and each one's agenda is described in the booklet.

The meeting dates are February 10th from 3:00pm to 5:00pm via Zoom.
The second will be held on March 11th from 3:00pm to 5:00pm via Zoom.

If you have any questions, please feel welcome to contact me.

Che’ Loessberg
Oklahoma Venture Forum
Executive Director
P.O. Box 1701
Oklahoma City, OK 73101
405-604-4775
405-410-6259 cell
[email protected]
www.OVF.org

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Oklahoma Venture Forum

Venture of the Year and Most Promising New Venture 2021

Selection Committee Meeting Agenda

Meeting 1 - Thursday, February 10th, Zoom, 3:00 PM – 5:00 PM
Agenda:
Introductions
Review and signing of Confidential Information Agreement
Review of previous winners
Review and discussion of award criteria
Application review
Assign follow-up investigations.
Meeting 2 - Thursday, March 10th, Zoom, 3:00 PM – 5:00 PM
Agenda:
Final review of applications and supplemental data
Vote on finalists
Select winners

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2021 OVF Awards Entries

VOY

Datebox, Inc. dba The Happily Company Brett Kolomyjec [email protected]
[email protected]
Gas Giant LLC Austin Brown [email protected]
[email protected]
PPP.BANK (Citizen's Bank of EdmondJi)ll Castilla [email protected]
[email protected]
Skydweller Aero Inc. Dr. Robert Miller

Whiteboard Technology, LLC (prev Oren UBSAri,aInncB.)omar

ZERO James Millaway

MPNV Clarence Tan edna @boddl el ea rni ng.c om

Boddle Learning Lisa Mullen l i s a _mul l en@drovtec hnol ogi es .c om
Drov Technologies
Express Toxicology Services Wendy Hampton [email protected]
Good Girl Chocolate LLC
Otos Inc Dr. Tabatha Carr, ND [email protected]
Respond Flow
Scars And Stripes Coffee Robert Gay rga y@the-gea rs .c om
Watkins-Conti Products, Inc.
HyQ Technologies, LLC Martin Langelo Lien [email protected]

Chad Watts i nfo@s c a rs a nds tri pes c offee.c om

Allison Conti a l l i s on@wa tki ns c onti produc ts .c om

Jared Boehs [email protected]

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OVF Awards
2021 Selection Committee

Chairman:
Danny Slusarchuk
Standards IT
(405) 824-1300
[email protected]

Committee:
Gary Derrick
Derrick & Briggs, LLP
(405) 235-1900
[email protected]

Henry Dumas
Moore Norman Technology Center
(405)-406-5858
[email protected]

Gary Rosenhamer
INSURICA
(405) 556-2230
[email protected]

Brad Rickelman
Meridian Technology Center for Business
(405) 377-2220
[email protected]

Ché Loessberg
Oklahoma Venture Forum
[email protected]
405-410-6259

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Venture of the Year Award Winners

1989 Barlow-Hunt, Inc. Tulsa
1990 Chandler (U.S.A.), Inc. Chandler
1991 Tri-Tech Inc. (dba StairMaster) Tulsa
1992 Matrix Service Company Tulsa
1993 Express Services, Inc. Oklahoma City
1994 Electronic Label Technology, Inc. Tulsa
1995 Chesapeake Energy Corporation Oklahoma City
1996 Commercial Financial Services, Inc. Tulsa
1997 UroCor, Inc. Oklahoma City
1998 Viagrafix Pryor
1999 Advanced Financial Services Oklahoma City
2000 Lariat Petroleum Tulsa
2001 Exiss Aluminum Trailers, Inc. El Reno
2002 SolArc, Inc. Tulsa
2003 Blue Stuff, Inc. Oklahoma City
2004 VoiceLogger, Inc. Enid
2005 HRLogix, LLC * (Co-winner) Edmond
Latigo Petroleum, Inc.* (Co-winner) Tulsa
2006 Hydra-Walk, Inc.** (Rural) Lindsay
2007 (No banquet)
2009 IMTEC Corporation Ardmore
Acorn Growth Companies (Co-winner) Midwest City
2011 PL Studios Oklahoma City
2014 Amethyst Research Ardmore
Fair Wind, LLC Lawton
2016 2 winners Draft2Digital Oklahoma City
Oklahoma City
2018 Moleculera Labs Oklahoma City
2020 Spiers New Technology Oklahoma City
SendaRide
Oklahoma City
Most Promising New Business Award Winners Tulsa
Oklahoma City
1990 Dura-Kold Corporation Edmond
Electronic Label Technology Oklahoma City
1991 Candid Color Systems McAlester
1992 Aegis Health Systems McAlester
1993 The Plastics Company, Inc. Oklahoma City
1994 Phoenix Industries, Inc. El Reno
1995 TRICAT Industries, Inc. Tulsa
1996 The Rock Island Group Tulsa
1997 Exiss Aluminum Trailers, Inc. Oklahoma City
1998 WorldConnect Oklahoma City
1999 Infinitec Communications Tulsa
2000 Automated Equipment Services Oklahoma City
2001 Inoveon Tulsa
2002 Cemara, Inc. Stillwater
2003 InterGenetics
2004 IntelliPack, Inc. Oklahoma City
2005 Engius, LLC Oklahoma City
2006 (No banquet) Oklahoma City
2007 Claimetrics Oklahoma City
2009 Oklahoma ProCure Management Oklahoma City
2011 VADovations Oklahoma City
2014 Tailwind Oklahoma City
2016 Exaptive
2018 Plasma Bionics
2020 Galvanic Energy

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OVF AWARDS

Presented by the

SOLICITATION FOR AWARD NOMINATIONS & APPLICATIONS

Most Promising New Venture Award

The Oklahoma Venture Forum Venture of the Year, Most Promising New Venture and the Award for Economic
Impact are three of the most prestigious recognitions a company can receive. The awards represent the triumph of the
entrepreneurial dream and spirit. Nominations and applications are now available for the May 2021 OVF Awards.

The Oklahoma Venture Forum, as a means of publicly recognizing the achievements of successful Oklahoma
businesses, has produced the awards biennially since 1989. The 2021 awards will be presented in ceremonies to be held
in May 2021.

There is no cost to enter, but the competition is keen. Each finalist will be invited to attend the awards
presentation and will receive a plaque recognizing its growth and success.

Evaluation criteria for the Most Promising New Venture Award will be based on:
• product or service innovation
• minimum viable product
• actual or potential revenue growth
• sales backlog over next few quarters
• funding
• leadership/management quality
• market potential
• potential economic impact
• industry and community recognition

Nominees/applicants for the Most Promising New Venture Award (1) must have begun development of its
primary product/service within the past three years; and (2) must demonstrate the viability of its primary
product/service, which may be shown through capital raises/grants, sales revenues or potential economic impact or
innovation. All nominated companies must be independently owned and operated (not a division, subsidiary, or
controlled affiliate of another company) and headquartered in Oklahoma.

Nomination forms/Applications for the awards are enclosed. Please consider nominating one or more
successful or promising Oklahoma businesses. Companies are also encouraged to nominate themselves.

The award winners will be selected by judges from the OVF membership. The judges will review the
information on the forms and may request additional company and financial information. All information will be kept
confidential.

Nominations/applications must be completed and returned by January 20, 2021, to the Oklahoma Venture
Forum at the address on the form. If you have any questions concerning the awards, please contact OVF Executive
Director, Che’ Loessberg at (405) 604-4775 or [email protected].

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2021 Oklahoma Venture Forum
MOST PROMISING NEW VENTURE AWARD

NOMINEE INFORMATION
All information will be held in strict confidence. Only members of the selection committee will have access.

Company Name: _______________________________________________________________________________

Headquarters Address: __________________________________________________________________________

City, State & Zip: ________________________________________________________________________________

Telephone: (____) _____________________________________ Fax: (____) ________________________________

E-mail Address: _________________________________________________________________________________

Chief Executive Officer: __________________________________________________________________________

Other Officers: _________________________________________________________________________________

Contact (if different from CEO) ____________________________________________________________________

Does your business currently exist?
____ a. Yes - please explain what type of entity you have (Corporation, LLC, Partnership) and explain what the business
does. In 100 words tell us about your business and what it does below in section c.
____ b. No - what is your idea for your new business? In 100 words tell us about your idea below in section c.

Date Formed: _________________________________________________________________________________

*If company has been re-organized, re-incorporated, or operated under a different name, please provide all related information. Life science
companies, please specify R&D phase consideration.

Date that Company began development of its primary product/service: ___________________________________

*This date can be an approximation.

c. Description of Company, Products & Services, Market (Additional pertinent information may be attached.)
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________

Is the Company independently owned (not a division, subsidiary, or controlled affiliate of another)? and headquartered in Oklahoma?
___Yes ___ No

Who are your top 3 competitors in the market?
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________

Does the company have a corporate video or web site available? ____Yes____ No

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Web Site address: _______________________________________________________________________________________
Please give annual gross revenues for all years since 2018 or formation:

Sales Capital Grant Seed/VC # of
Raised Revenue $ Received Employees

2020 ____________________________________________________________________________________________
2019 ___________________________________________________________________________________________

2018 ___________________________________________________________________________________________

Please provide 2021 pending or expected developments (expansion of team, revenue projections, funding anticipated,
potential source of 2021 funding, or other information you would like the Awards Selection Committee to consider.
____________________________________________________________________________________________

____________________________________________________________________________________________

____________________________________________________________________________________________

____________________________________________________________________________________________

Signed: __________________________________________ Title: ______________________________ Date: __________

Applications must be received by January 20, 2021.
Mail To: Oklahoma Venture Forum, P.O. Box 1701, OKC, Oklahoma 73101

Ph (405) 604-4775 Email: [email protected]

9

OVF Awards

Presented by the

SOLICITATION FOR AWARD NOMINATIONS & APPLICATIONS

Venture of the Year Award

The Oklahoma Venture Forum Venture of the Year, Most Promising New Venture and the Award for Economic
Impact are three of the most prestigious recognitions a company can receive. The awards represent the triumph of the
entrepreneurial dream and spirit. Nominations and applications are now available for the May 2021 OVF Awards.

The Oklahoma Venture Forum, as a means of publicly recognizing the achievements of successful Oklahoma
businesses, has produced the awards biennially since 1989. The 2021 awards will be presented in ceremonies to be held
in May 2021.

There is no cost to enter, but the competition is keen. Each finalist will be invited to attend the awards
presentation and will receive a plaque recognizing its growth and success.
Evaluation criteria for the Venture of the Year Award will be based on:

• product or service innovation
• revenues and capital raised
• profitability
• management quality
• market penetration and growth
• economic impact
• industry and community reputation

Nominees/applicants for the Oklahoma Venture Forum Venture of the Year Award must have
(1) launched its primary product/service within the past ten years, (2) generated sales revenues of
$1.0 million or more in its last fiscal year, and (3) shown material economic impact or innovation
within its market. Capital raised can be considered and should be noted on the application. All
nominated companies must be independently owned and operated (not a division, subsidiary, or
controlled affiliate of another company) and headquartered in Oklahoma.

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2021 Oklahoma Venture Forum
VENTURE OF THE YEAR AWARD

NOMINEE INFORMATION
All information will be held in strict confidence. Only members of the selection committee will have access.

Company Name: ______________________________________________________________________________

Headquarters Address: _________________________________________________________________________

City, State & Zip: ______________________________________________________________________________

Telephone: (____) ____________________________________ Fax: (____) _______________________________

E-mail Address: _______________________________________________________________________________

Chief Executive Officer: _________________________________________________________________________

Other Officers: ________________________________________________________________________________

Contact (if different from CEO) ___________________________________________________________________

Date Formed: _________________________________________________________________________________

*If company has been re-organized, re-incorporated, or operated under a different name, please provide all related information. Life science
companies, please specify R&D phase consideration.

Date that Company launched its primary product/service: ______________________________________________

*This should be the date that the Company’s primary product/service was brought to market. The date can be an approximation.

Description of Company, Products & Services, Market (Additional pertinent information may be attached.)
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________

Is the company independently owned (not a division, subsidiary, or controlled affiliate of another) and headquartered in

Oklahoma? ____Yes ____No

Who are your top 3 competitors in the market?
_____________________________________________________________________________________________

_____________________________________________________________________________________________

_____________________________________________________________________________________________

Does the company have a corporate video or web site available? ____Yes ____No

Web Site Address: ______________________________________________________________________________

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Please give annual gross revenues for all years since 2010 or formation, projected 2021 sales plus any backlog going into
2021:

Sales Capital # of Sales Capital # of
Raised Employees Raised Employees

2020 ____________________________________ 2015 _______________________________________

2019 ____________________________________ 2014 _______________________________________

2018 ____________________________________ 2013 _______________________________________

2017 ____________________________________ 2012 _______________________________________

2016 ____________________________________ 2011 _______________________________________

Please provide 2021 pending or expected developments (expansion of team, revenue projections, funding anticipated,
potential source of 2021 funding, or other information you would like the Awards Selection Committee to consider.
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________
____________________________________________________________________________________________

Signed: ___________________________________ Title: _____________________________ Date: _________

Applications must be received by January 20, 2021
Mail To: Oklahoma Venture Forum, P.O. Box 1701, OKC, Oklahoma 73101 I Email: [email protected]

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( ) OVF - Venture of the Year Award
( ) OVF - New Venture Award

Name: ________________________________________________________
Date company was formed: ______________________________________________
Ownership structure: ___________________________________________________

1. Product or Services Innovation: Identify what differentiates this applicant from others in the
industry.
Is it a brand new Product or Service?

New technology on old product?

Use of any unique materials, processes, or systems?

Is it patented?

Is it unique to USA or other similar products in other countries?

How did the owner / developer come up with concept?

What is the history of the product / service?

2. Revenues and /or Capital Raised
What are existing and expected revenues?

Source of revenues?

Is capital private funded or federal / state grants?

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What amount of capital is needed to fully fund the next phase?
What is capital to be used for?
Who in the organization raises capital or generates revenues?
Are owners actively invested?
What is the 5 year plan?
Plans for perpetuation: (IPO, sell to competitor, family, etc)
3. Profitability: Financial stability and growth opportunity
Are financial reports available?
When is company expected to make a profit?
What return on investment is expected?
What % net profit forecasts?
Is there a “standard” in the industry?
Are profits returned to investors or put back in to company?
What is the debt service, if any?
Is there a profit sharing agreement with employees?
Is adequate products liability insurance in place?

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4. Management Quality
Background of owners / management
Recruiting techniques
On job training
Source of workforce
Are owners active?
Unique experience or qualifications for the industry?
Government or industry credentialing required?
5. Market Penetration / Growth
Who is the competition?
What size is market

What % of market controlled?
Nationwide or Worldwide?
$$$$ value of industry?
Unique qualities that make this product / service successful?
Plan for marketing?

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Distribution system?
6. Economic Impact
Will this change the industry?
Will the company / product be in an encyclopedia someday?
Is USA or other world governments regulating the industry?
Is product / service a world commodity?
7.Industry and Community Reputation
Is company member of any local or national association?
Product or service unique to any one industry or demographic?
Is there a solid banking relationship established?

Are owners involved in civic organizations?
Are employees involved in community?
Any recent news articles published (request copies)?
Public relations or advertising firm under contract?

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Oklahoma Venture Forum
Venture of the Year and Most Promising New Business

Confidential Information Agreement

The undersigned has voluntarily agreed to participate as a member of the Selection Committee for the
2021 OVF Awards presented by the Oklahoma Venture Forum (the “OVF”). During the review of nominees
and the selection process, confidential and proprietary information, including certain trade secrets, may
be disclosed by the nominated companies to the Selection Committee. The policy of the OVF and the OVF
Awards Selection Committee is to protect the confidential and proprietary information of the nominees
that is disclosed by the nominee to the OVF. As used in this policy statement, confidential and proprietary
information means information of the nominated company that is treated as confidential by the
nominated company and is clearly marked as "confidential" or "proprietary" by the company prior to
disclosure to the OVF, including trade secrets, technical or non technical data, formulas, patterns,
compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans,
product plans, and lists of customers or suppliers, which are held in confidence by the Nominee, have
economic value, and are not generally known to be readily ascertainable by others. However, confidential
and proprietary information does not include any information, data or material which at the time of
disclosure or use was generally available to the public, was available to the party to whom disclosed on a
non-confidential basis by disclosure or access provided by the nominee or a third party, or was otherwise
developed or obtained independently by the person to whom disclosed without.

In accordance with this policy, I agree to hold information of the Nominees in strict confidence and not to
disclose any such confidential or proprietary information of the Nominees to anyone other than other
members of the OVF Awards Selection Committee or officers, directors or other representatives of the
OVF who need to know as part of the OVF Awards Selection and Review Process and to use such
confidential or proprietary information in the course of performing a review of each nominated company
for the OVF Awards selection. I understand that my obligations under this policy shall continue during the
term of my service on the OVF Awards selection committee and (i) with respect to trade secrets, for so
long as such information constitutes a trade secret under applicable law, and (ii) with regard to confidential
or proprietary information, for the lesser of (a) three (3) years after disclosure to the OVF by the Nominee;
(b) until such information is no longer deemed confidential or proprietary by the Nominee; or (c) such
information is available elsewhere.

Agreed to this _________ day of __________________ , 2021

____________________________________
Selection Committee member

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