Student Innovators Showcase Their Inventions at 2024 New Venture Competition
After months of preparation and in-class competitions, students from the McGuire Center for Entrepreneurship New Venture Development Program gathered in McClelland Hall to compete for a cash prize at the annual New Venture Competition.
Fourteen student teams competed in a three-minute shark-tank-style pitch and trade show, with the finalists moving on to present their ventures once again to a panel of judges.
Participants are part of the New Venture Development program, where they have spent their senior year receiving intensive experiential education that engages them in the process of moving innovation from an early-stage idea to a sustainable launch-ready venture.
Second Place Winners, PEPCORP
Among the innovations showcased were:
Hestia Collective: partners with companies to offer community-based affordable housing solutions to young professionals moving to new cities.
Bullseye Energy: fast-acting caffeinated gum designed to give people the boost of energy they need to hit their mark.
Ponderosa: 100 percent recycled luggage aiming to decrease plastic and textile waste while fulfilling all your travel needs.
Revosense: CGM health sensor for diabetics and athletes.
FutureFit: fitness, nutrition and mental wellness focused programs. Specifically in class, after school and summer camps for kids K-5.
DriveOn Automotive: a mobile app to help consumers maintain their vehicle as well as provide resources for easy resell.
Parrot: a platform to easily build IOS and web apps.
Third Place Winners, Parrot
PEPCORP: sustainable and eco-friendly product supplier.
SwapShop: buy and sell unwanted college necessities at an affordable price to reduce waste and increase affordability on college campuses.
DoReMi: a mobile app that connects music teachers and students and provides gamified lessons.
MA'Y: recycled, reusable water bottles.
Angel Engine: monthly investment analysis service for private angel investors who struggle to conduct effective individual research.
Wealth Wars: a mobile application that allows for friendly competition through gamified budgeting.
Bullseye Energy hit their mark by taking home first place and the prize of $10,000. PEPCORP and Parrot placed second and third for a prize of $5,000 and $2,000, respectively.