Tag Archives: entrepreneurship

Hisaoka Speaker Series Founders Panel Preview: Paul Capriolo ’06

The Robert G. Hisaoka Speaker Series continues with a Founders Panel on Tuesday, February 19 from 4:30-6:00 p.m. Panelists Paul Capriolo ’06, Kristen McClellan and Jeff Grass are all successful entrepreneurs who started their businesses as students. In a panel moderated by Robert Hisaoka, students, staff, faculty and alumni will hear about the experiences and challenges each founder faced transforming their ideas into lucrative businesses. Register now to attend, and stay tuned to our blog to learn more about each of the panelists.

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Social Growth Technologies – Paul Capriolo ‘06

Throughout his career as an UMD alumnus and serial entrepreneur, Paul has founded and led a multitude of technology startups to successful acquisitions. In 2009, Paul noticed the explosive growth in the social gaming industry and the lack of a monetization method to capitalize on its user base. Paul started Social Growth Technologies to serve as a flexible platform that allows companies to monetize the social gaming market through in-game advertising. After seven years of growth and expansion, Paul recently secured an acquisition of Social Growth Technologies by Kiswe Mobile in 2016.

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A Tour of Entrepreneurship & Innovation in France & Morocco

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Medina in Marrakech

In collaboration with the Center for Global Business at the Robert H. Smith School of Business, the Dingman Center for Entrepreneurship sent Student Venture Programs Manager Chris Rehkamp, MS ’18 on a study abroad program highlighting innovation and entrepreneurship in France and Morocco. The program was led by Smith School Associate Professor Oliver Schlake. The following is one student’s reflection of their experience.

by: Hannah Shraim ’20

In the span of ten days, I visited three countries, submerged myself into two very distinct cultures, and drank lots and lots of tea. Let me explain.

Rather than simply getting an education, securing a job, and acquiring a well-paying salary, I want to do more with my degree. I am a big believer that business can be used to solve social issues, so starting organizations that can utilize profits that serve underprivileged communities is something I have always been eager to explore.

I was granted the opportunity to study entrepreneurship and innovation in France and Morocco with a remarkable group of Terps. As a person who studied French since the age of four, I was particularly excited to go on this trip. While we stopped by Monaco for a day—hence the third country—the jist of our learning came from France and Morocco, which are connected by forty-four years of French occupation.

Besides the fact that both are francophone nations, there are certain commonalities within the entrepreneurial practices in France and Morocco. Notwithstanding, there are vast differences as well.

Now, let’s dive into what went down.

 

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Steve Case: From a Director of New Pizza Development to Getting America Online

On October 9, 2018, Steve Case spoke at Gildenhorn Recital Hall at the Clarice Performing Arts Center as featured speaker at the Dingman Center’s Robert G. Hisaoka Speaker Series. The speaker series was created as part of a generous three-year gift from alumnus Robert Hisaoka ’79 to bring business leaders and startup founders to UMD that will inspire students to explore entrepreneurship by providing real-world context for business and venture creation. The following is one student’s account of the experience.

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by: Mandar Kashikar, MBA ’19

As the founding CEO of AOL, the first internet company to go public, Steve Case is an icon of the first wave of the internet. At its peak, AOL (America Online) was used by half of the total online population in the US! I can’t even fathom the power it held. Needless to say, it was my pleasure listening to Steve’s advice for us students.

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Recapping the 3rd Annual spark: Where Fearless Ideas Start

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by: Megan McPherson, Events & Marketing Coordinator

Now in its third year, spark: Where Fearless Ideas Start is an event hosted by the Dingman Center for Entrepreneurship and Startup Shell to give students at University of Maryland who are interested in entrepreneurship but don’t have a venture a platform to brainstorm business ideas with their peers. The first two iterations of spark were hosted in Van Munching Hall over a two-day period, but with Robert H. Smith School of Business clinical professor Oliver Schlake running the programming, this year’s spark on September 29, 2018 ran in just one day, starting with breakfast and check-in at 9 a.m. and ending before 5 p.m. The event also relocated to the beautiful and innovation-friendly Edward St. John Learning & Teaching Center.

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Fearless Founders Chosen as Forbes Under 30 Scholars for Under 30 Summit

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The Dingman Center is excited to support three Fearless Founders who have been accepted as Forbes Under 30 Scholars for the 2018 Under 30 Summit to be held in Boston on September 30. As a Forbes scholar, students will be granted access to the Opportunities Hub, a recruitment fair powered by WayUp, and will have networking access to investors, entrepreneurs, celebrities, musicians, fashion designers, sport stars, cultural icons, world-renowned chefs, educators, political leaders and business icons who represent the entrepreneurial spirit of the Forbes 30 Under 30 list.

Among the selected students are University of Maryland students Emily Gee ’20, Matthew Talley ’21, and Brianna Queen ’19:

headshot-3.jpgEmily Gee, a junior at UMD, enjoys leadership roles at several campus organizations. As assistant marketing director for Technica, the university’s all-women hackathon, she supports women in STEM and has attracted more than 800 participants to the hackathon this year. She also serves as president of EnTERPreneur-UMD, the campus’ newest entrepreneurship club.

MTalley HeadshotMatthew Talley, a finance major at UMD, is the CEO and founder of Sonder Innovations. He is a Fearless Founder who graduated from the New Venture Practicum course in Spring 2018. Like Emily, he also serves a VP of External Relations for EnTERPreneur UMD.

Brianna Queen AwardBrianna Queen, an Information Science Junior at UMD, is the founder of BEEQBOX, a cosmetics company that makes illuminating makeup with a branded feminist twist. BEEQBOX has grown virally since its launch in 2016 and now has an impressive 57K followers on Instagram. The company specializes in beauty products that are vegan, cruelty-free, and all-natural and was able to generate over $100,000 in revenue in its first year. In 2018, Brianna came in second place in the 2018 Pitch Dingman Competition, winning $7,500 in funding for her startup.

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Steve Case is Coming to UMD for the Robert G. Hisaoka Speaker Series on Oct. 9

Steve Case will be speaking at the Robert G. Hisaoka Speaker Series on Oct. 9 at 5 p.m. in The Clarice’s Gildenhorn Recital Hall. Click here to register.

Steve CaseSteve Case is one of America’s best-known and most accomplished entrepreneurs, and a pioneer in making the Internet part of everyday life. He is also the author of the New York Times bestselling book, The Third Wave: An Entrepreneur’s Vision of the Future.

As Chairman and CEO of Revolution LLC, a Washington, D.C.- based investment firm he co-founded in 2005, Steve partners with visionary entrepreneurs to build significant ‘built to last’ businesses. Revolution invests in and actively helps build companies leveraging technology to disrupt existing markets. This includes both early and mid-stage growth companies through both the Revolution Growth fund, created in 2011, and the Revolution Ventures fund, launched in 2013. Revolution has backed more than 30 companies, including: sweet green,ZipcarRevolution FoodsDraftKingsUptake and Framebridge.

In 2014, Steve and Revolution launched the Rise of the Rest, a platform to shine a spotlight on entrepreneurs that are starting and scaling businesses outside of Silicon Valley, New York, and Boston. Steve frequently tours the country by bus to meet with civic leaders, founders, investors and local corporate executives to champion citywide efforts to jumpstart entrepreneurship. As part of the initiative, Steve announced The Rise of the Rest Seed fund in December 2017.

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Steve Case in Detroit during a Rise of the Rest Tour

Steve’s entrepreneurial career began in 1985 when he co-founded America Online (AOL). Under Steve’s leadership, AOL became the world’s largest and most valuable Internet company, driving the worldwide adoption of a medium that has transformed business and society. AOL was the first Internet company to go public and the best performing stock of the 1990s. At its peak, nearly half of Internet users in the United States used AOL. In 2000, Steve negotiated the largest merger in business history, bringing together AOL and Time Warner in a transaction that gave AOL shareholders a majority stake in the combined company. To facilitate the merger, Steve agreed to step down as CEO when the merger closed.

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Steve Case with President Obama

Steve’s passion for helping entrepreneurs remains his driving force. In 2011, he was the founding chair of the Startup America Partnership— an effort launched at the White House to accelerate high-growth entrepreneurship throughout the nation. Steve also was the founding co-chair of the National Advisory Council on Innovation & Entrepreneurship, and a member of President Obama’s Council on Jobs and Competitiveness, where he chaired the subcommittee on entrepreneurship.

Steve has been a leading voice in shaping government policy on issues related to entrepreneurship, working across the aisle to advance public policies that expand access to capital and talent. He was instrumental in passing the JOBS (Jumpstart Our Business Startups) Act, and is active in advocating on behalf of immigration reform and legislation that supports and accelerates the emergence of startup ecosystems in rising cities.

Steve is also Chairman of the Case Foundation, which he established with his wife Jean in 1997. Together the Cases have invested in hundreds of organizations, initiatives and partnerships with a focus on leveraging the Internet and entrepreneurial approaches to strengthen the social sector. In 2010, Steve and Jean joined The Giving Pledge and publicly reaffirmed their commitment to give away the majority of their wealth to philanthropic causes.


External image sources:
Rise of the Rest: https://technical.ly/philly/2015/08/04/steve-case-philadelphia-rise-of-the-rest/
Steve Case and President Obama: https://www.americaninno.com/dc/steve-case-wants-congress-to-seize-the-moment-and-act/

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Terp Startup Verdant Innovatives Uses Patented Technology to Create Small Scale Wind Turbines

This summer, the Dingman Center will be conducting interviews with the ten student startups who are participating in the Terp Startup summer accelerator phase of our Fearless Founders program. Participating student entrepreneurs received a stipend up to $5,000 that would enable them to work exclusively on their startups over eight weeks in the summer.

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verdant-01Verdant Innovatives

Founder & CEO: Anjik Ghosh ’18, Biology major, Business minor

DC: Tell us about your startup. What problem are you solving and for whom?

Ghosh: Verdant Innovatives uses patented technology to provide wind energy for individual homeowners in the DC-Maryland-Virginia (DMV) metropolitan area, as well as local companies and larger organizations. In addition to the commercial market, Verdant Innovatives will partner with aid organizations to provide power to impoverished and disaster areas around the world.

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Terp Startup Tommy WARES Makes Ethically Sourced Custom T-Shirts

This summer, the Dingman Center will be conducting interviews with the ten student startups who are participating in the Terp Startup summer accelerator phase of our Fearless Founders program. Participating student entrepreneurs received a stipend up to $5,000 that would enable them to work exclusively on their startups over eight weeks in the summer.

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Founder & CEO: Tommy Piantone ’18, Information Systems major

DC: Tell us about your startup. What problem are you solving and for whom?

Piantone: Countless small organizations spend a lot of resources organizing custom t-shirt orders for members of their community. Organizing a bulk t-shirt order takes a lot of time, energy and money that an organization could be spending on its real missions and goals. Rather than charging an organization for custom apparel, Tommy WARES helps organizations raise money through their apparel orders. We charge zero set-up fees and sell shirts to individual members of the organization’s community. For every shirt sold, we split the proceeds with our partnering organization 50/50. Our shirts are all union made in the USA and printed on only organic fibers.

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Gender & Entrepreneurship at the Smith Entrepreneurship Research Conference

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Left to right: Mabel Abraham, David Ross, Dolly Oberoi and Rajshree Agarwal

by: Karolyn Maynard MBA ’18

On Friday April 20th, at the 14th Annual Smith Entrepreneurship Research Conference chaired by Professors Anil Gupta and David Kirsch, the Dingman Center’s Ladies First Initiative sponsored a panel discussion, “Gender and Entrepreneurship: Past, Present and Future.”

Sara Herald, our Ladies First champion, shared a thought-provoking statement to introduce the panel discussion: she described the mission of the Ladies First initiative as focused upon understanding the different barriers that female students face and how we can fix the system, not fix the women.

This was an apt introduction to spur further investigation in the area of gender and entrepreneurship, which brought 2 researchers, Mabel Abraham from Columbia University and David Ross from University of Florida, together with Dolly Oberoi, Co-Founder and Chairman of C2 Technologies, to discuss the topic of female entrepreneurship in the US.

The session chair and moderator, Rajshree Agarwal, asked salient questions and highlighted the reality that being a female founder has nearly universally negative outcomes, particularly  in the US. As researchers and founders discussed the hypotheses and reasons for this, something became increasingly clear—even though the barriers have been reduced, it is a misconception to think that the barriers are gone.

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Celebrating Entrepreneurship Day in Van Munching Hall

By: Eric Elliot

The Dingman Center is lucky to be a part of a fantastic community filled with motivated student and alumni entrepreneurs. To celebrate this strong spirit of entrepreneurship at UMD, we hosted Entrepreneurship Day on Tuesday, April 17, which featured student startups at Terp Marketplace during the afternoon and serial technology entrepreneur Raul Fernandez at the Robert G. Hisaoka Speaker Series later that evening.

Terp Marketplace

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Terp Marketplace was an opportunity for student startups to showcase and sell their products & services directly to the Smith community. This semester, we had a huge turnout from students, staff, faculty and alumni who were eager to see the 30 startups on display. A few participants featured included Pitch Dingman Competition second place winner Brianna Queen ’18 of BEEQBOX with her popular F*ckboy Repellent illuminating setting spray, and alumni startup FroDoh, who brought samples of their tasty frozen doughnut holes. The students who participated have taken part in our Fearless Founders Accelerator program, Ladies First Founders or Professor David Kressler’s 461 Entrepreneurship class.

Robert G. Hisaoka Speaker Series featuring Raul Fernandez

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UMD alumnus and highly successful entrepreneur Raul Fernandez ’90 traveled to Van Munching Hall for an intimate conversation with Robert Hisaoka ’79 on his experiences in entrepreneurship. As the former founder of Proxicom and currently the Vice Chairman and Owner of Monumental Sports & Entertainment, Raul shared some of the key lessons he learned through his journey and valuable pieces of advice for aspiring entrepreneurs.

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