Tag Archives: technology

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 Synapto Looks to Change the Game for Diagnosing Alzheimer’s

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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Synapto co-founders Anoop Patel and David Boegner

Synapto_Logo-01.pngSynapto

Co-Founder and Lead Machine Learning Engineer: Anoop Patel ’20, Bioengineering major, Computer Science minor
Co-Founder and Lead Systems Engineer: David Boegner ’20, Bioengineering major

Not in Terp Startup:
Co-Founder and CEO: Dhruv Patel ’20, Bioengineering major
Co-Founder and CTO: Chris Look ’20, Bioengineering, Computer Science double major
Co-Founder and Lead Software Engineer: Megha Guggari, ’20, Computer Science major

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

Synapto: Synapto is an early stage biotech venture aiming to revolutionize the diagnosis of Alzheimer’s Disease through portable electroencephalogram (EEG) and machine learning. This technology allows for a cheaper, faster and more quantitative method of detection in comparison to current qualitative questionnaires and costly neuroimaging techniques (PET, MRI). Detecting the disease earlier allows more time for financial and legal planning, and provides the opportunity to enter clinical trials sooner, improving the drug development landscape.

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Fearless Founder Ryan Pillai Attends MIT’s Sloan Investment Conference

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2016 Pitch Dingman Competition winner Ryan Pillai

Through a Dingman Center grant, last month, Fearless Founder Ryan Pillai `19 traveled to MIT for the Sloan Investment Conference which took place at the Sloan School of Business. Below is Ryan’s first-hand account of the experience.

The annual Sloan Investment Conference brings together investment professionals from different industries and fosters education and meaningful discussions on hot button topics in finance.  This year, the theme was “Value Creation and Shareholder Engagement” with a broad range of ideas from Big Data and AI in the quant investment space to a crypto investment debate. Panel speakers included well renowned speakers from MIT and large private funds, many of whom engaged the audience with a friendly light air, which was refreshing and kept the conference from feeling exhaustive.

There was a lot of technical information presented so having a background in finance was a prerequisite to attending (surprise!). Nevertheless, I was able to somewhat keep up with the jargon with the occasional Google search. Here are some of my key takeaways from the talks that I wanted to share.

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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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10 Things to Know About Raul Fernandez

by: Eric Elliot

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The next Robert G. Hisaoka Speaker Series takes place on April 17 at 6 p.m. in Frank Auditorium and will feature UMD alumnus Raul Fernandez ’90, the current Vice Chairman of Monumental Sports & Entertainment. Click here to register for the event and read on for some interesting facts about this successful entrepreneur and philanthropist!

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An Interview with Pitch Dingman Competition Finalist: Symbiont Health

In anticipation of the final round of the 2018 Pitch Dingman Competition, the Dingman Center is interviewing each of the five startup finalists about their progress and upcoming challenges as they prepare to compete for the $15,000 Grand Prize on March 6 in the Grand Ballroom of Stamp Student Union. Learn more and register to attend the competition here.

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Erich Meissner, CEO; Maria Chen, CMO; Kyle Liu, CTO

Symbiont Health

Erich Meissner, CEO
Maria Chen, CMO
Kyle Liu, CTO

Logo&Slogan.pngSenior electrical engineering major Erich Meissner came up with the idea for a new kind of wearable fall detection device after his grandmother experienced a fall. He learned from her doctor that over 40% of senior falls are due to syncopy, a sudden loss of consciousness, which isn’t solved by common fall notification systems like Life Alert that require users to press a button. Furthermore, his grandmother had a Life Alert but wasn’t wearing it at the time—many seniors feel these devices carry an unwanted stigma advertising their loss of independence. Teaming up with junior pre-med student Maria Chen and sophomore computer science major Kyle Liu, Erich launched Symbiont Health to tackle the issue of unconscious elderly falls. In 2017, they competed in the Do Good Challenge and took second place in the Ventures track, then participated in the Terp Startup summer incubator phase of our Fearless Founders Accelerator. Leading up to Pitch Dingman Competition Finals, Symbiont Health has tested more subtle wearable devices as well as WiFi Mesh Networking solutions to detect falls.

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Leveling the Playing Field for Cybersecurity with Terp Startup Dark Sonar

This summer, the Dingman Center will be conducting interviews with the eight student startups who are participating in the Terp Startup summer incubator phase of our Fearless Founders accelerator 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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Dark Sonar

Representing cybersecurity startup Dark Sonar in Terp Startup this summer is COO and co-founder Brian Freeman, a rising mechanical engineering junior at University of Maryland. He joined the founding team after CEO George Lee, a rising senior finance major, and CTO Simon Schlegel, a rising senior computer science major, began developing cybersecurity software that is both simple to integrate and affordable for businesses of all sizes. Dark Sonar’s competitors are primarily focused on fraudulent transactions for large corporations, and charge an appropriately large amount for the privilege. The founders of Dark Sonar are looking to focus on the needs of a target market that has been largely ignored by the cybersecurity industry—small and medium sized businesses. The customizable and adaptable subscription model of Dark Sonar will make it easier for any business, big or small, to combat identity fraud.

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Final Day of TechCrunch Disrupt ’15

Today’s the final day of TechCrunch Disrupt, the grand finale. We’ve seen some interesting startups present on stage, even more interesting booths in Startup Alley, and today’s the day when we see the winner. The finalists were a diverse bunch:

  • An indoor farming operations platform (Agrilyst)
  • A POS/Inventory system specifically designed for the burgeoning cannabis market (Green Bits)
  • A Mint.com for small business (Leap Financial)
  • A nail decorating robot (Preemadonna)
  • A healthy subscription food model for kids’ lunches (Scrumpt)
  • A Slack-type communications solution for Healthcare (Stitch)

While each of these contenders have an interesting and thoughtful approach to product-market fit, only one will come away with the final cup and the $50,000 grand prize.

This year, it was Agrilyst, a cloud-based solution to manage indoor farming, with Green Bits as the runner up. Interestingly, both top finalists this year seem poised to take advantage of the growth in legalized cannabis consumption. Given the small niche, it’s hard to see Agrilyst as a truly disruptive company in the same league as Uber or Airbnb, but it does seem like a real innovation for the underserved farming industry. Greenhouses are complex, heavily data intensive operations, and owners have previously had to make do with disparate tools like Excel that were not well suited to the job.

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image from TechCrunch

Still, first prize isn’t everything, as the $180 MM funded second placer from years past CloudFlare can attest when they went up on stage. At the end of the day, the real prize at Disrupt isn’t the prize itself, but the attention and credibility in the eyes of investors and the tech media.

Then there’s the other “startup” that launched here at Disrupt. While it’s not one of the contenders on stage, one of the most memorable moments here was seeing Snoop Dogg announce the launch of his new startup, a premium cannabis lifestyle content site dubbed Merry Jane.

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Company tour of LinkedIn

This trip has been a nonstop whirlwind of networking dinners, company tours, and of course the hive of activity here at Disrupt. The passion and awareness for tech and innovation here is both eye-opening and deeply satisfying to see. Even during our last day here at the conference, we still managed to fit in a lunchtime trek to LinkedIn’s downtown office here with a friend to show us around. 

While getting around the city during this trip is a small detail, I think it’s been a telling example of the environment here. We’ve been completely spoiled by the cost and convenience of Lyft Line and UberPool, shared ride services that are a game changer for effortlessly getting around a new city at a low price. It seems like everyone takes it here, with enough demand for most rides you see them continuously pick up and drop off multiple passengers.

droneIt’s been incredible being completely immersed in the tech industry here, a tradition that I hope will hopefully continue into the years ahead.

By: Ying Chen

YingYing graduated from the University of Delaware with a degree in Marketing, a minor in Biology, and a strong mix of extracurricular experience in graphic design and digital media. He previously worked at JPMorgan Chase in Wilmington, DE working up from intern to a Leadership Development Program rotational analyst, to Marketing Manager. He has a strong interest in technology and product development. 

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Worth Reading 11/15/13

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This week, participants of Fearless Founders presented on the progress of their business ideas to sponsors from Capital One. It was great to see how far they’ve come! We also had a Research and Practice Luncheon discussing the use of crowdfunding. The luncheon promoted engaged interaction between faculty, staff, angel investors and students. Check out some photos from the event on our Facebook page.

Now, here’s the Worth Reading for this week.

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Worth Reading 8/30/13

It was an exciting week for The Dingman Center. We are thrilled to see MBA students coming back to campus for the start of another great academic year. A highlight from the week was Wednesday when the first year MBA students hosted MBA Marketplace, a fundraising competition to test out students’ creativity. Staff had fun using monopoly money to shop at the Marketplace. We also welcomed a new Dingman team member, Adam Van Wagner. Adam is our Community and Venture Programs Coordinator so many of you hear from him via email. When you’re in the office stop by and say hello.

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Let’s check out what’s worth reading for this week:

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