Tag Archives: Student Entrepreneur

Who’s advancing in the 2025 Pitch Dingman Competition?

Get ready, get set… go! It’s hard to believe, but it’s already here — our 10th anniversary Pitch Dingman Competition! This year, over 97 ventures applied, all vying for their share of $170,000 in prizes. Our panel of judges was able to narrow down the wide range of applicants to reveal the top teams that will be advancing in the 2025 competition. We’re excited to see the top ventures pitch on the big stage at our finals event on April 24 at Samuel Riggs IV Alumni Center for a shot at the grand prizes!

Read on to learn more about the tracks and the ventures that will be advancing in the competition:

In partnership with the UMD Alumni Association, this track supports alumni-founded, tech and software ventures with traction. To be eligible, ventures must have some traction in the form of early customers, and/or a developed MVP/prototype that is being tested, and have less than $100K in annual recurring revenue. The finalist ventures in this campus-wide track for alumni will have access to support in an entrepreneurship bootcamp and coaching to take their ventures to the next step. On April 24, the finalist teams will pitch their businesses to an expert panel of judges on the Finals stage, and the semifinalist teams will showcase at Terp Town for a chance to win additional audience choice prizes.

Cursive – Joseph Thibault ’23 – Cursive is an API for authorship. We verify writing through transparency to support learning and responsible co-creation with AI.

Plan Forward – Anne Spear ’19 – Plan Forward is a decision-making platform for K-12 administrators, transforming raw data into actionable insights. By leveraging educational frameworks and AI models, we don’t just provide data—we make sense of it, helping schools and districts make informed decisions that drive continuous improvement. Our platform empowers educators to monitor progress and adjust strategies in real-time. Plan Forward helps schools tell the story behind their data, turning insights into meaningful action.

Alumni Tech Track Semifinalists

Presixion – Flavia Negrete ’22 – Presixion is developing a multi-channel lateral flow assay that can detect multiple pathogens from a single swab, providing a rapid, cost-effective, and scalable diagnostic solution for infectious diseases.

Bon Voyage – Bosith Weerasinghe ’23 – Optimizing Travel Planning for Single and Multiple-day Trips Using the Powers of Machine Learning and AI

Gym Supreme – Obidi Orakwusi ’12 – Product Design and Technology company with 3 patents. We influence the mass market adoption of self-care using fitness. We help a generation learn to take care of themselves and feel more confident through product design and technology.

Alumni Tech Track Quarterfinalists – Honorable Mention

Clinix – Sahar Farajun ’22 – Skip months of reading through thousands of pdfs and clinical notes – Clinix will do it for you! Clinix is a software to automate the data collection, analysis, and entry for clinical research.

Healthier Forms – Jose Leon ’17 – We have created a B2B SaaS platform to help Imaging Centers solve the complex and inefficient process of MRI safety by automating patient screening, implant guideline matching, and safety decision-making through an integrated, user-friendly dashboard.

InZone, Inc. – Jayme Kame ’24 – InZone is an expanding community of tweens built around mindful social media use, unlimited AI characters, fun 3D avatars, and parental oversight. Our primary customers are first‑time social media users aged 8–12 and our secondary customers are parents concerned with their children’s digital well‑being

Makerstate – Jenny Larios Berlin ’04 – Makerstate supports creators by building a clear path to monetizing cultural products with an AI-powered platform offering personalized venture building education, tailored career and artistic goal setting, and tools for independent production at scale. Here creators take ownership of their creative careers!

WISE Cities – Marie Brodsky ’24 – In the future that we hope to live in, our communities are adapted to support us as we age. We envision that we can participate meaningfully, take advantage of the resources available, and connect with one another at community spaces in our vicinity. But today, that world isn’t reality. Instead, although 90% of older adults want to age at home, 40% say they don’t know of organizations in their community that support them. For a change to happen, we need a new avenue for older adults and local providers to connect. WISE Cities spurs this change through an accessible platform for older adults to discover local services and opportunities, paid for by businesses who want to reach older adults.

YourStory – Steve Johnson ’16 – Provides AI-driven educational solutions tailored to K-12 students and teachers, supporting more personalized learning paths.

In partnership with the UMD Alumni Association, this track is for alumni-founded, non-tech small businesses that have revenue and initial customers. To be eligible, ventures must have generated at least $1,000 in lifetime revenue and less than $100K in annual recurring revenue (ARR). The finalist ventures in this campus-wide track for alumni will have access to support in an entrepreneurship bootcamp and coaching to take their ventures to the next step. On April 24, the finalist teams will pitch their businesses to an expert panel of judges on the Finals stage, and the semifinalist teams will showcase at Terp Town for a chance to win additional audience choice prizes.

3708 Spirits – Tony Ajayi ’10, Mitchell Linton, Zachary Spence – 3708 Spirits is an upscale premium locally black-owned agave spirit brand that is handcrafted using traditional methods and only the finest blue agave from Jalisco, Mexico.

Green Mechanics Benefit LLC – Justan Randolph ’19, Larry Davis – Give Us A Problem, We Will Use Nature To Solve It. We support large industrial clients, counties, farmers and municipalities in meeting their environmental permits through our innovative, cost effective and low disturbance nature-based technology portfolio.

Alumni Main Street Track Semifinalists

OcuClips – Mohil Gupta ’19 – The world’s first patented premium eyewear accessory. Say goodbye to discomfort from headphones or external pressure—OcuClips keeps your glasses secure and comfortable all day long.

Bright Labs Diagnostics – Jennifer Ukegbu ’14 – Our DNA, drug, and alcohol testing business provides reliable Testing & Diagnostic Services, Medical & Scientific Equipment Supply, and Consulting, Training, and Specialized Support Services. We serve a diverse customer base, including individuals (B2C) seeking DNA or drug and alcohol testing, businesses (B2B) such as employers, rehab centers, hospitals, and DOT-regulated companies needing workplace drug and alcohol testing, and government agencies (B2G) at the federal, state, and local levels requiring specialized testing solutions. Our expertise ensures accurate, compliant, and confidential testing services tailored to the needs of each client.

Alumni Main Street Track Quarterfinalists – Honorable Mention

Dream of Coffee – Reid Xu ’24 – A specialty coffee concept that bridges Gen Z preferences with the artisanal world of third-wave coffee. Through immersive flagship cafés, they partner with roasters to deliver ethically sourced, twist-based coffee experiences.

Envirowell – Alec Soffer ’23 – EnviroWell is an innovative water well technology company that utilizes a patented Safe, Directional, Drought-Resistant Dug Well (SDDW) method developed by the United States Geological Survey (USGS) to provide safer, more cost-efficient alternatives for municipalities and regions with limited water infrastructure.

Ginja Snap – Shaakira DeLoatch ’17 – Ginja Snap is a functional ginger water beverage that transforms a health remedy into a grab-and-go, good and good for you beverage option for wellness enthusiasts. Free of carbonation, artificial flavors, and processed sugars, its ingredients are real and simple: water, organic ginger, raw honey, lemon, and lime. @drinkginjasnap on all social media platforms.

Greenie – Ethan Pham ’24 – Greenie is a flash retail business and e-commerce store, specializing in premium second-hand clothing to offer a sustainable alternative to fast fashion. We host CP Flea, College Park’s first premiere outdoor flea market that brings together 12+ vendors from across the DC, Maryland, and Virginia area. Our customers are style-conscious Gen Z and Millenials who value individuality, sustainability, and community.

HAT Ladies Pound Cake – Teri Walker ’92 – Hat Ladies Pound Cake Frozen Batter changes the way people bake at home with this frozen pound cake batter that let’s you bake fresh, homemade quality cake with 3-easy steps: Thaw, Pour and Bake – no mixing, measuring or mess!

Onye Vé – Goodness Ihekweme ’21 – Onye Vé exists to redefine luxury fashion by making high-quality, bold, and statement-making pieces accessible to individuals who want to express confidence, individuality, and power through their style. The brand’s core mission is to disrupt the industry by bridging the gap between exclusivity and inclusivity, ensuring that luxury fashion is available for all body types while maintaining high-end craftsmanship and uniqueness.

The semifinalist ventures in these two advanced UMD-CP student tracks will each receive a $500 prize, participate in an entrepreneurship bootcamp, and meet with advisors to help them further accelerate their businesses and make them more competitive for the next round. On Friday, March 28, the semifinalist teams pitched their businesses to an expert panel of judges in Van Munching Hall, and the top 3 of each track will be moving on to pitch on the Finals stage.

Dare to Dream – Takiyah Roberts ’25 – Dare to Dream Inc. is a nonprofit organization dedicated to empowering marginalized communities through entrepreneurship. They provide confidence, education, mentorship, and resources to help individuals chase their dreams unapologetically. Their initiatives include 9th-12th grade afterschool programs, the Young, Diverse, & Gifted Event Series, and an international project in Ecuador to build entrepreneurship among young dreamers.

Energy by Evelyn – Evelyn Murphy ’28 – Healthy, delicious snack food products made from simple, natural ingredients.

Papa Suya – Yassine Boukari ’27 – A West African culinary brand innovating through licensing, authentic products, and a scalable fast-casual model.

Body Essentials by Abiara – Mathea Abiara ’28 – Body Essentials by Abiara (BEBA) is a bodycare brand dedicated to crafting high-quality products with cold-pressed, unrefined butters and oils, combined with carefully selected ingredients that cater to a wide range of skin types. At the heart of our formulations is Shea Butter, sustainably sourced directly from Nigeria, ensuring both authenticity and excellence in every product.

M’Elyon Organics – Adewunmi Agagu ’25 – At M’Elyon Organics, we passionately craft organic, handmade haircare products, blending the purest plant-based herbs, lightweight oils, and essential oils. Our mission? To unlock the secret to radiant, thriving hair. Each product in our lineup is a testament to our commitment to using natural and chemical free products, formulated to not only promote hair growth and strengthen follicles but to also combat hair breakage, hair thinning and shedding, and to block DHT (dihydrotestosterone), lastly, to also infuse your hair with lasting nourishment. Beyond nourishment, our creations boast anti-fungal and antimicrobial properties, ensuring your scalp’s health is always at its peak.

MundaneMarketplace – Obi Nzerue ’26 – Mundane Marketplace is a clothing brand that challenges the ordinary by redefining the everyday. We take inspiration from the overlooked details of daily life and transform them into unique, thought-provoking designs. Our brand thrives on the intersection of simplicity and creativity, making the mundane feel extraordinary. Our customers are individuals who appreciate minimalism with a deeper meaning—people who find beauty in the routine, the unassuming, and the often-ignored. They are creatives, deep thinkers, and those who seek to express themselves through subtle yet impactful fashion. Whether they’re artists, students, or professionals, our customers resonate with the idea that the mundane isn’t boring it’s a canvas for storytelling.

Main Street Track Semifinalists honorable mention

Divine Ethereal Collections – Daisy Lopez ’26 – At Divine’s Jewelry, our vision is to empower individuals to express their unique style and embrace self-love through exquisite jewelry pieces. We aim to inspire confidence, celebrate individuality, and evoke a sense of self-expression in every wearer.

Grinzo Project – Anthony Kang ’27, Shen Gu ’25 – Grinzo is our team’s original IP brand that sells Grinzo-related creative merchandise such as keyrings, coasters, dolls, badges and other cultural and creative accessories. Our goal is to provide a unique and creative product experience for young people.

Ivansupply – Ivan Marroquin ’26 – A sneaker and streetwear brand with daily restocks, offering authentic products and fast shipping.

Linen and Purple Co – Ivon Santos Castellon ’25 – Linen and Purple Co is a purpose-led clothing store created to provide more women with modest clothing options for everyday wear, and special occasion. We aim to bridge the gap in the fashion industry for modest fashion.

Movement Street – Lyric Amodia ’25 – The Movement Street is a nonprofit organization founded in 2020 with the mission to make community service accessible, enjoyable, and impactful. We address the challenge of disengagement by creating creative pathways for people to volunteer, especially younger generations, in ways that feel inclusive and rewarding. Through in-person, virtual, and passive service initiatives, we foster a sense of connection and belonging, bringing people together to make a positive impact in communities they may not call home. Our approach transforms volunteering into a shared experience that inspires lasting change. Ultimately, we aim to increase volunteerism by ensuring that everyone has the opportunity to give back and feel supported.

Noir Auto Detailing – Ysaak Wabreha ’27 – Noir Auto Detailing was founded three years ago with a clear mission; to deliver high-quality, affordable car care to every client. We work with a diverse range of customers, including rental companies, wrap shops, and owners of high-performance vehicles, offering tailored yearly plans and partnerships. Additionally, we serve the general public by providing a wide spectrum of services, from routine maintenance detailing to in-depth disaster detailing. Our goal is to make professional-grade car care accessible and reliable for all.

ProTags – Jason Okorie ’25 – We specialize in creating entirely reusable, aluminum QR code-based business cards and name tags for students and organizations.

Sincere Gear – Adam Antar ’25, ’24 – Discover the essentials you never knew were essential. These are the game-changing products that will seamlessly integrate into your life, becoming indispensable from the moment you experience their transformative power.

Wellness Detailing – David Castillo ’26 – We provide mobile and at-business automobile detailing for both interior and exterior. We also offer paint correction and other vehicle revitalization services.

BetterU – Saurabh Chapagain ’25 – BetterU is a gamified social habit builder that helps people become the best versions of themselves in a fun & social way!

Saved – Aayush Gupta ’25 – We turn live streams into viral clips.

Tailored – David Shukhin ’27, Ian Picard ’26 – We are making it easier and more accessible to buy secondhand clothing so we can reduce the impact of fast fashion on the environment. We are doing this by utilizing an AI-powered recommendation system paired with a tinder-style swiping interface. We are currently on the IOS App Store with 200+ users.

Quattrone Tech Track Semifinalists

PropertyWorx AI – Aaron Warren ’26 – PropertyWorx AI™ is a next-generation Proptech SaaS platform designed to revolutionize property management by streamline vendor-tenant communication, improve property maintenance operations, and enhance the customer experience for property management teams. The platform integrates Generative AI, Agentic Ai and a mobile-first experience. Our platform enhances automates maintenance workflows, property managers workflow automation, communication tools, analytics, tenant engagement and vendor management solutions powered by Insite22™ to help property managers reduce tenant turnover, improve operational efficiency, and simplify maintenance coordination.

Omniscouts – Vaibhav Vasudevan ’28 – Building AI agents for industrial/chemical sales reps finding exactly the right people to target with all the context.

Quattrone Tech Track Quarterfinalists honorable mention

App Dev – Matt Gashaw ’25 – App Dev is bridging the gap between academic learning and real-world software development. This organization has a dual approach to social good; one is equipping UMD students with practical experience, crucial for securing internships in the saturated tech industry, and developing software for socially impactful corporate projects.

Finaive – Henry Uwabor ’26 – Finaive is an AI-powered escrow platform designed to make online transactions safer and more seamless for businesses, freelancers, and e-commerce users. Our platform ensures secure payments by holding funds in escrow until both parties fulfill their contractual obligations. Leveraging AI-driven fraud detection and automated dispute resolution, we minimize financial risks, prevent fraud, and streamline the payment process.

OMAL – Dikennaya Ejiogu ’25 – At OMAL Solutions, we specialize in matching businesses with the perfect freelancers to elevate their brand. From logo and brand identity design to web and UI/UX design, we offer everything you need to take your business to the next level. Our platform is your one-stop solution, streamlining the process of finding top talent and enabling you to fully automate your operations. What makes us different? We don’t just connect you with freelancers; we curate the right team for your unique needs, allowing you to focus on growth while we handle the details. Whether it’s a single project or ongoing support, our flexible packages ensure your business is always ahead of the curve. Though we’re a new agency, we’re fueled by a passion for excellence and a commitment to building lasting relationships. Ready to scale your business with ease? Let’s connect and explore how we can make it happen.

Pickaxe – Pranav Bolla ’25 – Our venture provides a sports betting optimization platform that combines consulting and proprietary software to maximize profits for our customers. We help individuals and groups leverage sportsbook promotions and bonus bets through strategic hedging, ensuring guaranteed profits.

Red Alert – Miles McDonald ’27 – Red Alert: an emergency information distribution system. Red Alert is an alert system to be used in the case of school shooting situations, which notifies students on campus of an emergency and allows them to easily report their status to school and police authorities. What separates Red Alert from other alert systems is its use of student locations to provide top-quality safety.

Sellwase – Bhagavan Bolli ’25 – Our venture offers a secure, university-exclusive platform where students can trade daily essentials such as textbooks, tables, and tech gadgets. We specialize in creating a safe and reliable environment that will only allow students to trade and ensure that every user is a current student or faculty member. This approach keeps the marketplace insulated from outside interference and scams, fostering a community-centric trading space that’s all about student convenience and connection.

SONE – Yonatan Tussa ’26 – An eye-tracking system to improve communication between patients and nurses.

Theki – Kareem Bishr ’25 – Theki is building a trust engine for technical hiring through Web3-verified credentials: Core Product: – Automated/instant credential verification platform that accurately verifies claims made on resumes – Real-time verification through established databases via Chainlink oracles – Privacy-preserving verification using zero-knowledge proofs for sensitive data – Blockchain-stored credentials owned by job seekers

Tranquil – Chirag Jain ’26 – AI-powered mental wellness platform where users can journal their thoughts and engage in weekly AI-driven conversations for emotional support and self-reflection. It integrates a chat feature and plans to incorporate GPT-powered voice interactions for a more natural and engaging experience.

Yuuera – Raymond Flowers ’27 – Yuuera is a platform that empowers teachers to develop engaging and dynamic conversational practice assignments for foreign language students, solving a critical lack of confidence and conversation capabilities of students in foreign language classrooms.

The finalist ventures in this early stage UMD-CP student track participated in an entrepreneurship bootcamp and marketplace to help them further hone these venture ideas. They submitted 5-min video pitches to an expert panel of judges for their finals, and the winners will be announced on April 24. You can see all of these amazing finalists show off their ideas at Terp Town.

AkereRose Glove – Rosabella Mvemba ’27 – Cultivating a love, embrace, and care for thick and curly hair through natural hair tools, education, and community.

Alcclear – Rachel Snow ’28 – Instant Protection Against Drink Spiking.

Arithmetix – Shankar Haridas ’26 – Integrating technical math notation into typing-based note-taking processes.

Artha – Nataraj Shivaprasad ’25 – An intelligent wallet that automates your finances.

Bluuzone Bottles – Robbie Ballentine ’26 – Creating 100% plastic-free, disposable, and compostable water bottles to address the health hazards of microplastics in bottled water.

Breaking The Ice – Isha Kamara ’20, ’25 – Bridging the gaps between Black entrepreneurs, executive directors, and their ecosystem through community-building.

Chic Sweeteners – Brianna Robinson ’28 – Offering gourmet sweeteners with unique flavors for tea lovers to elevate their daily tea rituals.

Dancify – Natali Oleinik ’28 – Using AI to analyze and improve dance performances, offering real-time feedback to help users perfect every move.

Educate – Vraj Patel ’25 – AI-enhanced learning platform that syncs with Canvas LMS, offering personalized study plans and academic support.

EDvancedGPT – Denonte McKinney ’25 – An AI-powered platform for enhancing accessibility and inclusivity in education, offering personalized learning experiences.

FinGo – Tyler Boden ’25 – A personal finance app for high school, college students, and young adults to learn budgeting, saving, and investing.

Proco – Aditya Sengar ’27, Akshita Tiwari ’27, Grace Jagga ’27 – A professional networking platform focused on meaningful mentorship and connections based on personal relationships.

Sit’n Sweet – K’Lor Simms ’26 – A health-conscious bakery offering customizable, wholesome cookies for those seeking a balance of wellness and indulgence.

Podfolio – Feileen Li ’26, Juhi Parikh ’26 – A social podcast platform for discovering, tracking, and sharing podcasts.

Spotter – Kevin Kyle ’27 – An AI-powered mobile app that analyzes and provides real-time feedback for gym workouts.

The Muse Relationship Company – Kris Pipion-Williams ’27 – A web app to provide insights into romantic relationship styles and offer resources for improvement.

Zahara Blends – Kaoutar Cheji ’25 – A premium, ethically sourced clean beauty brand specializing in 100% pure, cold-pressed hair oils.

Joan and Chester Luby Idea Track Semifinalists – Honorable Mention

BenchmarkGo – Alex Hearn ’25 – A GPS-powered mobile app to find, verify, and report benchmark conditions nationwide for surveyors, civil engineers, government agencies, and outdoor enthusiasts.

ByteBabel – Eman Bautista ’25 – Developing an AI-powered tool to seamlessly translate code between languages, frameworks, and architectures for developers and enterprises.

Loco Logoz – Jayla Parrott ’26 – Custom-designed logos and branding services for businesses to establish strong brand identities.

Our Incredible Judges

These early stages of Pitch Dingman Competition set the entire experience into motion and we are grateful for this exceptional group of judges that review, score and provide growth feedback for all applications. These judges are or were founders/investors/entrepreneurial support individuals themselves, and have played significant roles in our programs over the years. Thank you for all you do to support these founders in their journeys!

Alumni Tech Track

Athena Abbott ’91
Brin Xu ’23
David Greenfield ’20
Drew Bewick ’88
Evan Shubin ’97
Kelsey Abernathy ’20
MaiLinh Ho
Reed Harrison ’71
Shivam Goyal

Alumni Main Street Track

Connie Ford ’77
Dan Raithel ’24
Francie Wasser ’11
Max Weiner ’96
Sammy Popat ’15

Main Street Track

Barathi Aravindan ’21
Bright Djampa ’22
Brooke Smith ’17
Fredrica Antwi ’15, ’21
Henrik de Gyor ’98
Natalie Urban ’19
Shane Kim ’98
Theresa Alfaro Daytner ’89
Tricia Homer

Quattrone Tech Track

Aishwarya Tare ’22
Alla McCoy ’13
Ben Slavin ’08
Bryan Houlton ’22
David Steele ’18
Jake Taub ’20
Josh Doying ’23
Mildred Diggs ’24
Rob Cohen
Ryan Downing ’22
Shannon Hynds
Sophie Li ’21
Tim Shaw ’90

Joan and Chester Luby Idea Track

Brandon Schwab ’15
Cedric Nwafor ’18, ’21
Chris Light ’93
Courtney Johnson ’23
Ellen McGeoch ’10, ’17
Erich Meissner ’18
Jenny Larios Berlin
Kobby Osei-Kusi
Latrice Wilson ’21
Marie Brodsky ’24
Matt Foulk ’23
Nazea Khan ’20, ’24
Nima Farshchi ’20
Obidi Orakwusi ’12
Phillip Alvarez ’22
Polly Vail ’04
Robert Choe ’23
Sourabh Mane ’24
Vaughn Hatfield ’25

Alumni Tech & Main Street Tracks

Bill Smith ’81
Chris Malone ’86
Hillary Berman MBA ’03
Moniesha Shorter ’96, MPP ’20

Main Street Track

Abby Malchow ’17
Neal Kursban MBA ’00
Sydney Parker ’18
Theresa Alfaro Daytner ’89

Quattrone Tech Track

Evan Shubin ’97
Maurice Boissiere ’89
Shalanda Armstrong MBA ’12

Alumni Tech & Main Street Tracks

Akash Magoon ’18
Elana Fine ’97
Jasmin El Kordi ’83
Sayed Naved MS ’92
Seema Alexander ’00

Quattrone Tech & Main Street Tracks

Ali von Paris ‘12
Chris Ballenger
David Quattrone MBA ’05
Jennifer Hsin ’98
Kendall Holbrook MBA ’01
Tom Parsons ’93 MBA ’10

Joan and Chester Luby Idea Track

Bryan Houlton ’22
Elana Fine ’97
Gary Swart ’83
Jainaba Ceesay
Jordana Lynn Armstrong
Sarah Miller
Shannon Hynds
Steve Freishtat ’81

Tagged , , , , ,

Who’s advancing in the 2024 Pitch Dingman Competition?

Get ready, get set… go! In another record-breaking year, Pitch Dingman Competition received over 107 venture applications, all vying for their share of $170,000 in prizes. Our panel of judges was able to narrow down the wide range of applicants to reveal the top teams that will be advancing in the 2024 competition. We’re excited to see the top ventures pitch on the big stage at our finals event on April 25 at Samuel Riggs IV Alumni Center for a shot at the grand prizes!

Read on to learn more about the tracks and the ventures that will be advancing in the competition:

The finalist ventures in this Maryland-wide track for alumni and students at University System of Maryland (USM) Institutions will have access to support in an entrepreneurship bootcamp and coaching in the coming weeks to take their ventures to the next step. On April 25, the finalist teams will pitch their businesses to an expert panel of judges on the Finals stage, and the semifinalist teams will showcase at Terp Town for a chance to win additional audience choice prizes.

All Stars Track Finalists – pitching

Fem Equity – Adeola Ajani ’20 (Towson University); Malir Burks – Fem Equity is an AI Powered Future of Work platform that creates solutions for women and underrepresented professionals going through pay or professional gaps in real-time. It is a double-sided platform that provides these solutions for women and minority professionals and gives organizations access to a highly qualified diverse pool of young women and minority professionals.

NextStep Robotics – Bradley Hennessie ’09 (Towson University) – NextStep Robotics is building the next generation of rehabilitation robotic solutions for neurorecovery. Focusing initially on stroke and neuroplasticity training this devices aims to be efficacious first, fit clinic work flow second, and accessible through cost management.

All Stars Track Semifinalists – Terp Town

Biochemical Analyzer – Chad Sundberg ’25 (University of Maryland, Baltimore County) – Enables automated, real-time measurement of analytes within biomanufacturing processes

THE SHELLER – Shelby Blondell ’18 (University of Baltimore) – THE SHELLER is a patented, stainless steel, seafood multitool – mallet, picker, and bottle opener – made in Maryland.

Xeddy – Basil Udo ’22 (University of Maryland, Baltimore County) – Xeddy is a multi-business platform for restaurant rewards.

All Stars Track Quarterfinalists – Honorable Mention

AidSmart – Jaivien Kendrick ’24 (Bowie State University) – AidSmart is the first mobile app that turns financial aid learning into a fun board game, helping HBCU students master financial aid literacy.

Jay’s Watermelonade – Joyson Balisamore ’26 (University of Baltimore) – Jay’s Watermelonade is a natural juice brand based in Baltimore on a mission to lower cardiovascular mortality by promoting healthier hydration and offering delicious, natural alternatives to sugar-sweetened beverages.

Lytos Vodka – Alex Zephir ’14 (Towson University); Billy Fanshawe ’14 (Towson University) – Lytos Vodka is a patent-pending, high alkaline, gluten-free, premium vodka with added electrolytes which include salt, potassium, and phosphorus. Lytos Vodka was born in Baltimore, MD, distilled in Columbia, MD, and enjoyed everywhere.

Taqueros Del Mar – Thomas Zinzi Jr ’25 (Salisbury University) – Late Night Taco shop founded to reduce drunk driving/alcohol poisoning by bringing Mexican Street cuisine and culture to the college scene.

The Collegiate Care Experience, LLC – Kendal Howell ’26 (University of Maryland, Baltimore County) – The Collegiate Care Experience is a faith-based on-campus self-care supply store bridging the gap between college students and hygiene products. Currently, it is based at the University of Maryland Baltimore County serving students through online order & pickup and frequent pop-up shops for an in-person experience.

Tomorrow’s Bio – David White ’26 (University of Maryland Center for Environmental Science) – Created a single camera ingestible tablet for large animal endoscopies. The tablet works by capturing images and sending them to an application to be used to assist with diagnoses, making it safer for vets to use while also reducing costs on farmers.

The finalist ventures in this pilot track for alumni from UMD-CP will have access to support in an entrepreneurship bootcamp and coaching in the coming weeks to take their ventures to the next step. On April 25, the finalist teams will pitch their businesses to an expert panel of judges on the Finals stage, and the semifinalist teams will showcase at Terp Town for a chance to win additional audience choice prizes.

Alumni Pilot Track Finalists – pitching

BrightWave Partners LLC – Paula Henry ’84; Tim Shaw; Ken Peretti – BrightWave’s technology enables customers across a dozen industries to produce renewable feedstocks on a minimal footprint. Their photobioreactors, used to cultivate algae and seaweed, can be co-located with primary manufacturing or refining activities.

JUUCE – Jake Taub ’20; Pouya Susanabadifarahani ’19; David Greenfield ’20 – JUUCE offers secure and convenient on-the-go charging solutions through portable charger rental kiosks and digital signage for venues and events.

Alumni Pilot Track Semifinalists – Terp Town

NotUrAverage Candles – Courtney Johnson ’23 – NotUrAverage Candles is a coconut wax candle company that illuminates the world of science through fragrance.

Travana – Rohan Tangadpelli ’23 – Travana is your AI-powered travel companion, streamlining the journey from inspiration to destination, making travel planning seamless, personalized, and fun.

Alumni Pilot Track Quarterfinalists – Honorable Mention

CSL Therapy – Tai Brown ’13 – A regulatory organization working to bridge the gaps of surgical care for American healthcare stakeholders.

Cursive Technology, Inc. – Joe Thibault ’07, MBA ’23 – Cursive Technology is focused on the writing process, using Machine Learning and AI to support accelerating writing skills development, provide feedback, provide shareable verification, and promote academic integrity.

E-Livestock Global Inc. – Chris Light ’93 – An award-winning healthy livestock traceability platform powered by Blockchain.

Korion Health – Akshaya Anand ’23 – The mission of Korion Health is to expand access to healthcare screenings in an ultra patient-centered and culturally competent way, enabling not just technical screenings but also breaking down barriers to knowledge, allowing people to own their data, and ultimately engaging more people in their own healthcare. Their first product is an electronic stethoscope and guided user interface that allows anyone to record heart and lung sounds from the comfort and convenience of their home.

Lumikha Cosplay Resale – Myleah Lofland ’18 – Buying and selling cosplay on social media has long been a pain for cosplayers. Lumikha Cosplay Resale is a community marketplace where users can buy and sell costume items specifically for the cosplay community.

Redhelm Labs – Neil Sorkin ’23 – Redhelm Labs empowers limitless drone flight through laser power beaming.

The semifinalist ventures in these two advanced UMD-CP student tracks will each receive a $500 prize, participate in an entrepreneurship bootcamp, and meet with advisors in the coming weeks to help them further accelerate their businesses and make them more competitive for the next round. On Friday, March 31, the semifinalist teams pitched their businesses to an expert panel of judges in Van Munching Hall, and the top 3 of each track will be moving on to pitch on the Finals stage.

Main Street Track Finalists – pitching

Cookies By Drew – Drew Haas ’24 – Cookies By Drew is a business that sells stuffed cookies and cookie cakes all over the DMV area and nationwide. They cater events, sell locally, and distribute their cookies in 9 different Foxtrot locations along with other stores and bakeries.

Dawson’s Detailing – James Dawson ’24 – Dawson’s Detailing provides the best detailing in the DMV, creating an experience that goes beyond the physical cleaning of the car.

StreetLoveDMV – Jeffrey Kyei-Asare ’25 – StreetLoveDMV is the #1 place for Streetwear You Love. It is a student-run vintage and streetwear clothing store dedicated to promoting positivity and building community through fashionable clothing. With over 2000+ total happy customers, it’s a hub for street fashion enthusiasts.

AfroLuxe Glam Shop – Chelsea Amadi, ’24 – AfroLuxe Glam Shop is an online cosmetic store that currently sells a variety of AfroLuxe brand cosmetic products. Products offered by this brand are curated to African American women and were made to address problems faced by black women in the beauty industry. AfroLuxe Glam Shop celebrates the luxury in African American beauty at a very affordable price.

Exercise Network – Candace Austin ’24 – Exercise Network designs customizable fitness and aquatic programs, aiming to motivate kids, especially those who struggle in larger group activities, to stick with sports and physical activity. They offer private lessons and small group class options, differentiating themselves from competitors by providing multidiscipline programs in a non-competitive, stress-free environment with a low instructor to student ratio.

Retro Boomin – Ethan Pham ’24 – Retro Boomin is an e-commerce and flash retail business, specializing in premium second-hand clothing to offer a sustainable alternative to fast fashion.

Quattrone Tech Track Finalists – pitching

Engauge – Rodrigo Sandon ’24; Marie Brodsky ’24 – Students in large lecture math courses often get confused mid-lecture and are not willing to raise their hand to express that they are no longer following.

Iffirm, LLC DBA Journiy – Mildred Diggs ’24 – Journiy is a digital care management company that uses a culturally tailored and individualized approach to make it easy for patients to follow their treatment plans. With Journiy, patients can effectively manage their chronic diseases and improve their overall health.

Vyne – Shaurya Saran ’25; Vaughn Hatfield ’25 – Vyne is an innovative application designed to revolutionize the thrifting experience for buying and selling clothes within local communities (specific focus on college campuses). Their mission is to help make student fashion more sustainable on campuses everywhere.

Quattrone Tech Track Semifinalists – Terp Town

Dondon Animation Tech – Shu Chen ’24 – Dondon Animation Tech provides state-of-the-art software to assist artists and producers making traditional 2D animation.

Sociable AI – Thomas Noh ’24 – Sociable AI is an AI social media manager platform designed to automate social media interactions for creators, brands, and businesses. Their no-code web app allows users to train data and clone their brand voice as an AI to automate interactions such as DMs and comments on social media platforms like Instagram. The platform aims to make it easier for users to engage with their audience and grow their brand presence online.

Temporal – Sourabh Mane ’25; Niklas Elmqvist – Bringing new dimension to entertainment experience. Explore, analyze & share your sports telemetry inside your browser.

Main Street & Quattrone Tech Tracks Quarterfinalists – Honorable Mention

BetterU – Saurabh Chapagain ’25 – BetterU is a gamified social habit builder that helps people become the best versions of themselves in a fun & social way!

Chatty – Tarun Thatavarthi ’24; Advait Kushe – Chatty is an AI interviewing agent who is able to give useful feedback to software engineers and guide them towards smarter problem-solving during interviews. Chatty is also capable of collecting user data through these conversations and producing detailed performance analysis.

E. Ozie Studios – Ijeoma Asonye ’24 – E. Ozie Studios is a multimedia creative house that blends nature, tech, and art in storytelling for the adult and YA-crossover market.

Heart2Starr – Illy Lozano ’24 – Heart2Starr began in 2013 as a safe space for poet Ileana ‘Illy’ Lozano. It follows Lozano through her artistic journey and quest to spread appreciation for the arts.

Hermes – Rohan Bajpai ’24 – Hermes empowers developer teams to focus on innovation and maximize productivity with their unified, searchable development platform.

Planda – Hevander Da Costa ’25 – Planda is the go-to travel planning social media that allows you to effortlessly organize trips to your dream destinations on the go, share your exciting adventures, and explore all the places your friends have been.

Sellwase – Bhagavan Bollina Bolli ’25 – Sellwase offers a secure, university-exclusive platform where students can trade daily essentials such as textbooks, tables, and tech gadgets.

Slut for Yarn – Anna Boyd, ’24 – Slut for Yarn sells ethically handmade crochet items for all body types at an affordable price point.

StudentHousingEU – Justin Wagner ’24 – StudentHousingEU is an organization developed by past study abroad students. They offer an online database of safe and verified apartments for students to rent through the platform. Additionally, StudentHousingEU provides insight into the culture and infrastructure of where students plan to study abroad. Utilizing the services offered by StudentHousingEU, students can feel confident in their decision to study abroad.

Savor – Saurav Vidyadhara ’25 – Savor enables restaurants to create and market fire sales on items about to expire, allowing them to increase their profit margins and reduce food waste.

Taty’s Desserts – Randi Whitehurst – Taty’s Desserts is a Latina-based and owned dessert company.

Ticker – Max Harris ’25; Max Kaufmann – Ticker Markets is a network for venture capital limited partner secondaries. They allow VC funds to offer selling opportunities to their investors throughout the lifetime of the fund. And have built a network and system to streamline the transaction process.

Vizuri – Crystal Ndungu ’25 – Vizuri is an aggregator site to consolidate all the people, primarily students, in our area that can do hair, nails, haircuts, hair braiding, etc.

The finalist ventures in this early stage UMD-CP student track will participate in an entrepreneurship bootcamp and marketplace in the coming weeks to help them further hone these venture ideas. On April 25, the top teams will show off their ideas to an expert panel of judges at Terp Town in the Finals Event.

Joan and Chester Luby Idea Track Finalists – Terp Town

Bon Voyage – Nethmi Weerasinghe ’24; Bosith Weerasinghe ’23; Ravindu Adikarige; Sameera Herath; Markell Shepherd – Optimizing travel planning for single and multiple-day trips using the power of machine learning.

Chai Shai – Ismaeel Ibrahim ’25 – Chai Shai makes special Pakistan chai called dhood patti with a perfected recipe of cookies cultivating a warm mix of flavors to bring people together.

Cloudola – Yifan Zhang ’27 – Violinists often suffer from fatigue after long practice sessions because their shoulder rest, which props the instrument against the body, does not fit well. Cloudola makes custom shoulder rests tailored for each violinist’s body using 3D scan data.

Exchange Roots – Evie Scott ’26 – Exchange Roots is a digital farmer’s market, designed to promote local food systems and allow small farmers and home gardeners to sell or exchange produce in their local community.

Full – Kiran Muthusamy MBA ’25 – Next-generation food service.

Kulqi – Mary Sangurima Loayza ’24 – A fintech app for Hispanic Americans, using AI to offer personalized financial education, generate future cash flows, and guide strategic investing in the U.S.

Matching Students Abroad – Maryann Vazhapilly ’24; Miranda Song ’24 – Matching Students Abroad is an app that allows exchange and international students to meet each other by providing percentage matches based on responses from their profiles.

Memorial Music – Lauren Twombly ’24 – Memorial Music provides live harp music to funeral homes that are interested in offering live music as a default part of their deluxe packages.

M’Elyon Organics – Adeuwnmi Agagu ’25 – At M’Elyon Organics, we passionately craft organic, handmade haircare products, blending the purest plant-based herbs, lightweight oils, and essential oils.

MyUniventure – Brandon Fung ’24; Jake Blum ’24; Caleb McClatchey ’24; Megan Nee – MyUniventure is an online platform which enables prospective college students and their families to book one-on-one experiences with current college students of their choosing. These experiences are designed to give prospective students a personal, unscripted perspective of the universities they are interested in.

Nerve Systems – Cartor Hancock ’26 – Design improved non-invasive devices & methods for high spatial and temporal resolution brain scanning and targeted neuron stimulation.

Strapt – Emily Ciardiello ’24 – Strapt LLC offers luxury phone accessories that allow individuals to live worry free. Designed specifically for the socially active, Strapt devices prevent the loss of your phone while out in public, crowded spaces. These accessories are life essentials that also make for great gifts.

SunDance – Eric Detjen ’24 – A CPG developed and marketed to help people embrace their social side by enhancing their energy, happiness, and confidence.

Unifyr: Meeting Mismatch Mayhem Solved – Rohith Pulaputturi MBA ’25 – Spark romance, reconnect with friends, or network seamlessly! Find the perfect “midpoint” venue for any meet-up, blending individual preferences – cuisine, activities, even allergies. Say goodbye to generic cafes, hello to unique restaurants, museums, adventure spots, and more! Personalized connections start with the perfect meeting place.

Joan and Chester Luby Idea Track Semifinalists – Honorable Mention

AR Billboard – Tracy Chen ’24 – AR Billboard is a free AR content management platform for local business.

BoostMark.io – Armaan Jain ’26; Aadesh Kheria – BoostMark.io is an advanced bookmark management tool designed to streamline and enhance your web browsing experience.

Cutz – Oliver Fitch ’24; Ben Dietz – Cutz is designed as a center for appointment creation, 3D haircut scanning and modeling, as well as a social media hub to show and share haircuts with your friends.

Cordeaux A – Astrid Tagne ’26 – Cordeaux A is a Cameroonian-owned brand selling handmade bags straight from the motherland.

John – Utkarsh Agrawal ’24 – Improving car service industry using machine learning and augmented reality.

Munching Boxes – Bhavya Peddigari ’24; Satish Vennapu, ’24 – Munching Boxes revolutionizes the convenience food industry by offering high-quality, affordable, and nutritious ready-to-eat Indian recipes, uniquely packaged in eco-friendly, edible, and crisp boxes, catering to kitchen-challenged, time and budget-conscious consumers seeking quick, healthy, and delicious meal options.

PTBamboo – Brennen Le ’27 – Our platform enables individuals to get information straight from the source– going to the individuals who experience events firsthand without having experience filtered by mediary entities.

Sanda Technology – Srinickethan Ramamoorthy ’25 – The company utilizes advanced automation in medical coding to deliver rapid and precise solutions, catering to healthcare providers seeking precise code accuracy for billing, minimizing errors, and ensuring compliance with industry regulations.

VogueVeda – Yashveer Jain ’24; Dhruv Sharma ’24; Suryavardhan Reddy Chappidi ’24 – VogueVeda is at the forefront of a technological revolution in the fashion industry. Utilizing advanced AI algorithms, the system is designed to adapt and refine fashion recommendations by continuously learning from user interactions.

Our Incredible Judges

These early stages of Pitch Dingman Competition set the entire experience into motion and we are grateful for this exceptional group of judges that review, score and provide growth feedback for all 100+ applications. These judges are or were founders/investors/entrepreneurial support individuals themselves, and have played significant roles in our programs over the years. Thank you for all you do to support these founders in their journeys!

All Stars Track

Breonna Massey
Brin Xu
Chris Adams
Drew Bewick
Felipe de Padua
LaKisha Greenwade
Michael Berardi
Mike Ravenscroft
Nazea Khan
Polly Vail
Tom Davidson

Alumni Pilot Track

Ben Taylor
Cedric Nwafor
Dan Raithel
Evan Shubin
Francie Wasser
Henrik de Gyor
Janice Burg-Levi
Kirk Morris
Max Weiner
Rick Genzer

Main Street Track

Alan Spurgin
Audrey Awasom
Edwin Bright Djampa
Mathew Parsons
Neal Kursban
Shalanda Armstrong
Shane Kim
Zeluis Teixeira

Quattrone Tech Track

Athena Abbott
Ben Tchoubineh
Camilo Melnyk
Dan Fucich
Fredrica Antwi
Kendall Holbrook
Kevin Tu
Maurice Boissiere
Steve Freishtat

Joan and Chester Luby Idea Track

Barathi Aravindan
Benjamin Taragin
Blake Kuzemchak
Brandon Schwab
Connie Ford
Daniel Shapiro
Ellen McGeoch
Gabrielle McLaughlin
Goodness Ihekweme
Joelle Anselmo
Matthew Foulk
Nishelle Oglesby
Robert Choe
Sanketh Andhavarapu

Tagged , , , ,

Announcing E-Fund Winners of Fall 2020

Through generous gifts from Carly Fiorina and Kevin Plank, the Dingman Center provides ad-hoc seed funding for University of Maryland startups, called the E-Fund. These nondilutive grants range from $250-$1000. Funding typically goes towards equipment purchases, website hosting, rapid prototyping, incorporation fees or any other costs that you see a barrier to getting an idea to market.

Check out this semester’s E-Fund recipients!

space


Vitalize, LLC

Founders: Sanketh Andhavarapu ’23, Veeraj Shah ’21

Vitalize is a mobile app for physicians with activities to alleviate stress and reduce burnout. Their E-Fund award of $1000 will be put towards developing crucial software and app functionality.

Morning Light, LLC

Founder: Harrison Burke ’20

Morning Light fosters competitive Esports teams to make the jump to full-time professional sponsorships. As Morning Light’s web presence is a high priority for this esports organizer, their $1000 E-Fund award will go to website development.

Blimp Logistics, LLC

Founder: Camilo Melnyk ’21

Blimp Logistics provides a fast and robust drone delivery network for any business. To support Blimp’s efforts to complete a full and functional prototype, this $1000 E-Fund will be used for a GPS System, Raspberry support hardware, data plan, and website development.

SweetsbyCaroline, LLC

Founder: Caroline Ta ’21

SweetsbyCaroline is a baking business that specializes in custom gluten-free french macarons, as well as cakes, cupcakes, and other desserts that are perfect for engagements, weddings, parties, and other events. Looking to increase her production while reducing costs and time, Caroline will be investing her $1000 E-Fund into a new, larger convection oven that will triple her delicious output.

Edullo

Founders: Eric Patel ’21 and Esha Vangara

Edullo is a platform created by students for students. They connect scholars to freelancers to do their part of level the playing field in education. Their $500 E-Fund will go towards supporting and maintaining their data-heavy website platform, and developing an app for even easier access.

Across The Board

Founders: Rick Philbin, MBA Candidate ’21

Across the Board is a game rental service for events. They are solving the problem for anyone hosting a wedding / birthday party / tailgate who wants to have exciting games for their event but does not want to own them long-term. Their $312 E-Fund award will be applied to a year-long Squarespace subscription.

Campus Gigs

Founders: Nataraj Shivaprasad ’24 and Sri Kanipakala ’24

Currently, the gig economy is estimated to account for 40% of the U.S workforce. With the rise of remote work, this number is slated to grow, making it imperative for college students to be prepared for the unique challenges and skills required for the gig economy. We are looking to solve this problem by developing a platform specifically for students to provide gig services to local businesses. Businesses also benefit from this, untapping the potential of a flexible, cheaper, and in many cases, skilled workforce. Campus Gigs’ $150 E-Fund Award will support their app development.

Tagged ,

Pitch Dingman Finalist AlgenAir Accepted into ASU Innovation Open

This slideshow requires JavaScript.

Pitch Dingman Competition finalist startup AlgenAir has been invited to participate in the semifinal round of the Arizona State University Innovation Open on January 31, 2020, which only invites the best collegiate-led tech startups to compete and showcase for a chance to vie for $300K in grant funding, including two $100K cash prizes. They will be one of twenty-eight startups to compete, having advanced from a preliminary round that included over 100 student entrepreneurs from around the country. The Dingman Center has provided the co-founder’s of AlgenAir, Dan Fucich, PhD ’20, a marine estuary and environmental science PhD candidate, and Kelsey Abernathy, an environmental and molecular biology PhD candidate at UMB, with an E-Fund Award to cover expenses to compete. The Dingman Center reached out to Dan Fucich about AlgenAir’s flagship product, the “aerium”, an algae-powered air purifier; their experiences with Pitch Dingman Competition; and their hopes for the ASU Innovation Open.

Continue reading

Tagged , ,

Pitch Dingman Competition Semifinals Recap

This slideshow requires JavaScript.

This past Thursday, we hosted our annual Pitch Dingman Competition Semifinals in the Frank Auditorium of Van Munching Hall. With the recent news that University of Maryland had risen to #8 in the country in undergraduate entrepreneurship education, it was no surprise to see the room filled with attendees enthusiastically cheering for this extraordinary group of student founders.

Chaired by generous donor and UMD alumnus Robert G. Hisaoka, this year’s Pitch Dingman Competition Semifinals was preceded by an announcement for the new Hisaoka Entrepreneurs program. As part of the program, each semifinalist team will receive mentoring, coaching and additional funding to accelerate their venture toward success.

With only 4 minutes to present and 2 minutes for Q&A from judges, the 10 semifinalists all pitched their businesses admirably, but in the end, the judges chose these six exemplary startups to advance to the Finals:

Continue reading

Tagged , , ,

A Day of Entrepreneurship with the Dingman Center

This slideshow requires JavaScript.

by: Megan McPherson

This year for 30 Days of Entrepreneurship, the Dingman Center decided we would roll a month’s worth of activity into a single day: Thursday, April 20. The result was our Day of Entrepreneurship, which featured the return of a popular Dingman Center event, Terp Marketplace, and later a rousing speech by entrepreneurship guru Jeff Hoffman.

Continue reading

Tagged , ,

Terp Toolkit: Legal and Intellectual Property Tips for Entrepreneurs

There is no entrepreneur in the world who won’t need legal guidance at some point in their entrepreneurial journey.

For simple legal matters such as incorporation or basic start-up paperwork, services such as LegalZoom, LawDepot or RocketLawyer are a good place to start.

9400252-contract-for-business-law-on-terms-of-agreementHowever, for more complicated matters like establishing a Privacy Policy, Terms of Use Agreement, or other documents tailored to your business, it may be worth consulting an attorney. If you are running short of funds, you can utilize RocketLawyer’s “Ask a Lawyer” feature.  You can get the answers to simple questions for free and find lawyers near you that charge reasonable prices for their services. Continue reading

Tagged , , , , , , , ,

Terp Toolkit: Financing Your Startup

Financing is a hurdle faced by nearly every entrepreneur and can the need for funding can occur at various stages of a company’s life cycle. It’s important to know what options are available, as well as the risks that come with each.

indexSome common methods of financing include:

  •  Friends & Family – Many early stage companies raise a “friends & family” round, relying on the networks of the startup’s founders for seed capital.
  • Crowdfunding – If you are selling a product or service that you think would appeal directly to consumers and you need capital to fund your business, consider crowdfunding as an option. Sites like Kickstarter, Indiegogo , and  Gofundme allow you to post your “project” for viewing by thousands of potential funders in exchange for a percentage share of your money raised.images
  • Contests & Grants – A great way to get funds for your start-up without giving up equity is to apply to contests and grants. In this article Forbes offers some tips for those seeking grants.  A tip: follow entrepreneurship organizations and centers, accelerators, and VC firms / angel groups on social media for posts about local contests.
  • Small Business Loans – This option is most effective if you have been in business for a while and are generating some cash flow.  For those who meet these requirements, the Small Business Administration offers different types of loans to help you grow your business. angel2
  • Angel Investors – For early stage companies with an ability to scale quickly and high growth potential, there is the option of raising a round from angel investors. There are many angel investors, both individuals and groups, who invest ~$25B each year in early stage companies. Most angel deals are done with companies who have either successful beta testing or initial revenues. Deals range from straight equity to convertible notes.
  • Venture Capital Firms – For later stage start-ups with a proven track record of success who are seeking to reach the next level, raising venture capital funds can be the right next step. The total Venture Capital market is ~$45B, invested in a variety of industries and stages.  You can check out the VC100 for a look at the top 100 venture capital firms in the U.S. Researching the right firms for your company stage and industry is essential when raising VC funds.  Looking at the funding history for similar companies to yours on CrunchBase or AngelList  can be a good place to start your research.

Continue reading

Tagged , , , , , , , , , , , ,

Terp Toolkit: Accounting for Your Startup

When launching a business, often there are a variety of start-up costs to track. Being organized on the front-end with your startup’s finances will pay off in the long-run.

accounting_webThere are several tools at a variety of price points that will help you keep your financial records. Here are some startup-friendly resources: Continue reading

Tagged , , , , , , , , , ,

Five Terp Startups Win $2,000 at the Cupid’s Cup Startup Showcase

The 10th Annual Cupid’s Cup Business Competition and Startup Showcase drew a sold-out crowd on April 22nd at the University of Maryland’s Clarice Smith Performance Arts Center.
1403169_10152354076726692_2112121409411916732_o
Before the finalists took the stage, more than a dozen Terp startups exhibited their ventures in the Startup Showcase where Cupid’s Cup attendees had a chance to check out some UMD’s most innovative companies. The Showcase was filled with live demos, customer interviews and even taste tests. Attendees had the chance to text-to-vote for the five coolest startups, who each won $2,000 from BB&T.
Congratulations to the following winners:
  • Vincent Bellitti, CareerPeer – CareerPeer is a career path selection and management tool for undergraduate students interested in a career in business.
  • Sanil Shah, Tabster – Tabster is a mobile application that allows customers to arrive at high-volume restaurants, check-in and pre-order their food while waiting.
  • Omar Goheer, K. Sultana – K. Sultana produces breathable scarves and creates entrepreneurship and skills development opportunities for women.
  • Zachary Matz, 417 App Studios LLC – Their social-gaming mobile application, Puzzable, allows users to send their photos to friends and family in the form of a jigsaw puzzle.
  • Tommy Johnson, VentureStorm – VentureStorm is an online platform that connects student entrepreneurs to student developers.

This slideshow requires JavaScript.

Tagged , , , , , , , , ,