Tag Archives: global entrepreneurship week

EnTERPreneur Academy Profile – imagine(x)

To celebrate Global Entrepreneurship Week, the Dingman Center is featuring a series of blog posts about our EnTERPreneur Acadmey, a program to help guide student ventures from idea to launch. The Academy provides members with a variety of resources including startup fundamentals workshops, advising, office space, selling opportunities and seed funding. The Academy’s three stages Idea Shell, Hatch and Terp Startup provide students with specific resources and requirements that suit the level of progress for their ventures.

Today’s featured startup is imagine(x), the brainchild of EnTERPreneur Academy member, Eric Mintzer. Eric is also an undergraduate student at the University of Maryland who has been engaging frequently with the Dingman Center for Entrepreneurship. Eric’s current startup, imagine(x), which was the runner-up at last month’s Pitch Dingman Competition, is an engineering firm poised to change the way we experience performance art.  Read the Q&A to find out more about Eric and his business, imagine(x)!

Q: Please describe your business.

A: imagine(x) is a creative engineering firm which bridges the gap between science and art.  We strive to develop the most innovative and awe-inspiring technologies of the future, today.  We specialize in augmented reality, pixel mapping, interactive installations, and real time visualizations.

Q: How did you get the idea for your business?

A: I had the idea to create imagine(x) after being blown away by incredible stage setups and immersive entertainment environments.  I wondered, “What can we come up with next?” and decided to become part of that ‘we’ by creating systems that allow concert-goers to naturally interact with these complex audio-visual systems.

Q: What phase is your venture in and what are your next steps?

A: imagine(x) is hatching.  My next step is to finish developing various projects I am working on, while servicing a handful of clients to enhance my portfolio and create revenue to reinvest.

Q: What drew you to become an extrepreneur?

A: I attribute three large areas of my life that contributed towards my entrepreneurial motivations: my parents, my education, and the internet.

My parents, from a very young age, prioritized the importance of being happy and doing what I wanted to do.  This was very different from what my outside environment suggested – financial success.  When financial success became less important, education towards an industrial job became boring and I started doing what any middle-school student would do for fun – independently studying computer programming.  This old drive to Create has gratefully stayed with me long enough to be amplified by the University of Maryland with their unparalleled support and initiatives.

Q: As a student startup, what are some of the challenges that you face?

A: Apart from my daily challenges of generating and debugging code, my greatest is managing my time efficiently.   I have various business oriented goals that involves marketing, branding, analyzing and more, but I am more interested in testing and bringing new technology to the market quickly.  This temporary solution is allowing me to super-accelerate my learning and development, but also has the potential to restrict the speed of business growth.

Q: How did the Dingman Center contribute to the development of your startup?

A: The Dingman Center has been a tremendous resource for my venture.  Faculty and staff have provided me with outstanding mentorship; entrepreneurs-in-residence and alumni have consistently offered guidance and experience; the supporting network and relationships connected me with industry leaders, potential clients and growth opportunities; and the workshops, speaker events and week-long summer entrepreneurship boot camp provided hands-on education, real life experiences, and startup funding.

While many classes at the University teach you to learn from the past using best practices and the Dingman Center for Entrepreneurship expands on this by also encouraging and fostering innovation and leadership for an unpredictable future.

Q: What about being a part of the EnTERPreneur Academy excites you the most?

A: The enTERPreneur Academy is a large leap forward towards alternate opportunities and reform in education for students that strive on it,\ and I am excited to be in the inaugural EnTERPreneur Academy class!  I am anxious to watch the growth of this program and the successful stories that result from it.

Come back for tomorrow’s feature!  And don’t forget to “like” the Dingman Center’s Facebook Page tomorrow!  One lucky new fan will receive an awesome prize package from the Dingman Center for liking us tomorrow for our Facebook Challenge!

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EnTERPreneur Academy Profile – AquaSwitch

To celebrate Global Entrepreneurship Week, the Dingman Center is featuring a series of blog posts about our EnTERPreneur Acadmey, a program to help guide student ventures from idea to launch. The Academy provides members with a variety of resources including startup fundamentals workshops, advising, office space, selling opportunities and seed funding. The Academy’s three stages Idea Shell, Hatch and Terp Startup provide students with specific resources and requirements that suit the level of progress for their ventures.

Today’s feature is AquaSwitch, a product created by EnTERPreneur Academy member, Aashay Doshi. Aashay is an undergraduate student at the University of Maryland who has taken advantage of several of programs offered by the Dingman Center, including an entrepreneurial class and JumpStart. Aashay’s current entrepreneurial venture is AquaSwitch, a bottle that allows a user to carry two different liquids at the same time. Read the Q&A to find out more about Aashay and his business, AquaSwitch!

Q: Please describe your business.

A: AquaSwitch is a unique dual compartment bottle that facilitates the portability and storage of two different liquids at the same time. Our intricate engineering and detailed design ensures no mixing of liquids and no change in temperature. Water and Gatorade, water and juice, water and protein shake–whatever the combination may be, AquaSwitch provides a convenient solution to do so. We aim to provide a convenient, cost effective and stylish solution to diverse hydration requirements.

Q: How did you get the idea for your business?

A: My business idea stemmed out of a class project at UMD. Our assignment was to think of business ideas and form teams to draft papers for the class. However, I decided to take this process to the next level and work on actually launching a product.

Q: In what phase is your venture and what are your next steps?

A: We are in the test marketing phase. We have our preliminary designs and we need to test a sample market to see if we need to make changes to the bottle. Our next step is to get a production run going so we have enough bottles to test with a representative sample.

Q: As a student start-up, what are some of the challenges you face?

A: The biggest challenge as a student entrepreneur is to gather funds. Because college students like us are poor, it is hard to get investments for our passions. In addition, the deteriorating economy pushes us to look for jobs thereby diverting our attention from our  passion. Money is by far the biggest problem.

Q: What part of being in the EnTERPreneur Academy excites you most?

A: The EnTERPreneur Academy provides an extremely exciting and conducive environment for budding entrepreneurs to connect and develop together. What excites me most is the networking and professional development potential the Academy provides. It is an absolute pleasure to brainstorm with fellow innovators.

Stay tuned for the next EA company!

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Worth Reading 11/9/2012

With Digital Capital Week going on and the election just wrapping up, we hope everyone is having an eventful week!  We at the Dingman Center have been hard at work preparing for Global Entrepreneurship Week next week.  We have a full schedule of activities planned for the community.  Check out the schedule below for details!  As always, check out our Facebook or Twitter to stay updated on the latest Dingman Center news.

Be sure to join us next week if you can!  Now onto some things worth reading!

As always, we begin with this week’s Business Rx column, this time featuring ConferenceEdge, a tech startup looking for advice on where and how to find advisers.

In case you missed it, The Dingman Center launched the website for the new and improved 2013 Cupid’s Cup.  Check it out at www.cupidscup.com!

If you use LinkedIn, you’ve probably noticed the introduction of LinkedIn “endorsements.”  Inc.com explores how small business owners can take advantage of this new feature.

Finally, as marketing on Facebook becomes more sophisticated, like with its new “promote” feature, it will inevitably start to become more costly as well.  This article from Entrepreneur.com explores how businesses can promote their brands outside of the popular social network.

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Pitch Dingman Competition 11/17/11

As part of Global Entrepreneurship Week (November 14-20, 2011), the Dingman Center sponsored a Pitch Dingman Competition for student entrepreneurs to compete for $2,750 in seed funding to launch or grow their business!

CONTESTANTS:

Beagle: Philippe Azimzadeh and Julian Capps
Beagle is a mobile app that connects students who needs things done with people willing to do them.

Community Ladders: Bill Varettoni
Community Ladders provides very affordable, one-on-one financial planning and advisory services for every stage of life and is devoted to consumer protection, group bargaining power, and upward mobility.

Comrade Brewing: David Lin
Comrade Brewing Company is focused on providing world class beer that is locally brewed and owned, focusing on ingredients. Located in Denver, Comrade Brewery is a tasting room model where over ¾ of the beer is sold direct to consumers.

NeverBoredU: Duncan Graham and Tim Tolino
NeverBoredU  is a website that serves students by letting them know everything going on all the time. The goal of NBU is to permeate college life internationally as the place people look to find out what is happening on and off campus.

Saylo: Martinas Terskin and Karen Turner
Saylo  is a mobile app that lets you create and join location-relevant conversations, allowing you to communicate, one-to-many, with the people around you.

Congratulations to all of our winners!

1st Place ($2000) : NeverBoredU
Second Place ($500) : Saylo
Audience Choice ($250) : Comrade Brewing

The Dingman Center Staff would like to extend a special thank you to our judges:
Steve Begleiter ’92, President & CEO, KBL Group International
Doug Palmer ’92, CEO & Founder, Palmer Financial
Neil Davis, MBA ’81, Vice President of Operations, Emerging Technology Centers
Protiti Dastidar, Tyser Teaching Fellow

Take a look at the pictures below for a photo recap of the November 17th Competition

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Are you interested in competing in a future Pitch Dingman Competition? Start by attending a Pitch Dingman informal session; every Friday from 11am to 1pm in the Dingman Center (2518 Van Munching Hall). No need to have a well-developed business plan, you can come with your idea still scribbled on the back of a napkin.
http://www.rhsmith.umd.edu/dingman/students/pitch/

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