Tag Archives: TEDCO

Part-time MBA Launches Grey Matter, A Terp Startup that Protects First Responders

WebImagine a technology that could protect first responders and law enforcement agents from dangerous chemicals.

Not only would the technology protect agents from such chemicals, it would actually block the chemicals from clothing, turn them into water and cause the toxic chemicals to evaporate before even having a chance to touch agents’ skin. That is what the technology behind DC-area startup, Grey Matter, claims to deliver.

The venture, co-founded by part-time Smith MBA student Tommy Luginbill, recently secured $75,000 in federal grant funding to bring this potentially lifesaving, self-decontaminating clothing technology to agents in the field.

How did Grey Matter get its start?

Tommy Luginbill, Grey Matter

Tommy Luginbill, Grey Matter

Tommy Luginbill is no stranger to entrepreneurship. A part-time MBA student, Tommy comes from a line of entrepreneurs and even helped to start a family-run solar contracting business before business school. Given his strong interest in startups, Tommy started hanging out at the Dingman Center (one of the resources that drew him to UMD) and even pitched an idea to an EIR for an energy software venture.

Dr. Brandy Johnson, Ph.D.

Dr. Brandy Johnson, Ph.D.

As Terps are known to do, Tommy worked tirelessly and fearlessly dove into the courses available around the Smith School, including the Fearless Founders program. He learned of a new pilot program at the time on campus called iCorps, which matched business students with lab innovations to identify viable commercialization paths. It was here that Tommy met inventor Dr. Brandy Johnson, a Ph.D. working in the Naval Research Lab.

Dr. Johnson was developing smart anti-decontaminating materials made from chitosan, a biopolymer made by treating recycled crab shells. Tommy knew about the lean startup methodology, how to create a business plan, and how to conduct customer discover and identify markets.

And Grey Matter was born.

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What’s happening at the Dingman Center?

Every two weeks, the Dingman Center distributes The Pitch, which highlights important happenings in our community. In case you missed it, here’s a look at what’s up in entrepreneurship:

Dingman Center Offers Lean Startup Program Exclusively for UMD Alumni

jumpstartThe Dingman Center has created a unique program to help UMD alumni entrepreneurs jumpstart their startup ideas. Dingman Jumpstart will help alumni de-risk their ideas using the principles of the highly effective Lean Launchpad methodology. The eight-week program kicks off with a  boot camp weekend (Jan. 9-11) featuring interactive workshops, lectures and intense customer discovery. The program continues with two additional workshops in February and March. In the end, alumni should be equipped to make a “go or no-go” decision on their idea.

Campus partners include the Academy for Innovation and Entrepreneurship, DC-ICorps and Mtech. The full schedule, program materials and registration information is available online.

Don’t miss the opportunity to jumpstart your business idea. Register by December 12.

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Global Entrepreneurship Week Roundup

Global Entrepreneurship Week at the Dingman Center was a huge success! With at least one event every day of the week, we contributed to a global movement of more than 112,000 events with 25 million participants worldwide.

  • Monday: We kicked off the week with movie night as we screened the documentary “Extreme by Design.”  The screening lead to an interesting discussion on using design thinking to create businesses that solve global problems. The same day, the Dingman Center Angels saw three-minute pitches at the Fast Pitch session during TEDCO’s Entrepreneur Expo.
  • Tuesday: Elana Fine participated in a panel on technology commercialization during Bioscience Day. In the evening, we hosted an Entrepreneurship Connector that brought together students from across campus who are interested in sharing their ideas and passions.
  • Wednesday: Terp Marketplace was buzzing with more than 20 student vendors testing the market and selling their products.
  • Thursday:  It was standing room only at the Pitch Dingman Competition which drew more than 260 attendees. Timothy Chi, Founder & CEO of WeddingWire delivered an inspiring keynote and lead the judges in choosing the winners. Harrison Baum took home top prize winning $2,000 for SellMyOldTech.com. Sam Feldman took home $1,500 winning both 2nd place and the Audience Choice award.
  • Friday: We wrapped up the week with a record number of students at Innovation Fridays and six DC startups presenting at Dingman Center Angels Review Day.

Thank you to everyone who participated in Global Entrepreneurship Week! For more photos, go to the Dingman Center Facebook page.

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Celebrate Global Entrepreneurship Week With the Dingman Center

During the week of November 18–22, the Dingman Center will participate as a partner in Global Entrepreneurship Week – the world’s largest celebration of innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare. The week will be full of exciting events with participants from across our community. Take a look at what we’ve got planned and become part of something truly remarkable.

Monday, November 18
Fast Pitch at TEDCO Entrepreneur Expo
11:30 a.m.–12:30 p.m., BWI Marriott
At this session during TEDCO’s Entrepreneur Expo, companies will test how well they can communicate their business in a three-minute fast pitch to a panel of Dingman Center Angel Investors.

Extreme by Design Movie Screening
5:30–7 p.m., Frank Auditorium, Van Munching Hall
Watch this documentary following three Stanford University students as they design and build products to meet the basic needs of the world’s poor. The Center for Social Value Creation, the Dingman Center for Entrepreneurship and the Office of Global Initiatives will host a discussion following the film. Register to attend at ter.ps/screening

Tuesday, November 19
Networking Panel at Bioscience Research & Technology Review Day
11-12 p.m., Jimenez Room, Stamp Student Union
Managing Director of the Dingman Center, Elana Fine, will facilitate a networking panel during Bioscience Research & Technology Review Day presented by the University of Maryland’s College of Computer, Mathematical, and Natural Sciences. The event aims to join executives and professionals with scientists to promote the potential for academic-industry-government collaboration. Read more about Bioscience Day.

Entrepreneurship Connector
5:30–7 p.m., 2511 Van Munching Hall
Hosted by the Dingman Center and Mtech, students will network with others interested in all things innovation and entrepreneurship. Learn about opportunities across campus, exchange ideas and meet your next co-founder. Attendees will also discuss ideas for a new campus-wide entrepreneurship club that is in development. Dinner will provided. If you’re on Facebook, let us know you’re coming.

Wednesday, November 20
Terp Marketplace
11 a.m.–2 p.m., Grand Atrium, Van Munching Hall
Student entrepreneurs will test the market by selling their products and services to potential customers. Join us for an afternoon of fun and shopping in Van Munching Hall.

EIR Advising Sessions
5:30–8 p.m., Smith School DC Campus, Ronald Reagan Building
Entrepreneur-in-Residence, Harry Geller, will be available by appointment to provide feedback and next steps for your business idea. These sessions are great for any part-time MBA students that can’t get to Van Munching Hall for Innovation Fridays. If you are interested, sign up for an appointment.

Thursday, November 21
Pitch Dingman Competition
6:30–8:30 p.m., Tyser Auditorium, Van Munching Hall
The signature event of Global Entrepreneurship Week will be the biggest Pitch Dingman Competition to date! Five student entrepreneurs will pitch their business ideas to an all-star panel of judges led by CEO of WeddingWire and keynote speaker Tim Chi. Check out the five finalists here. Attendees will have chance to vote for their favorite company to award them the $500 Audience Choice prize! Arrive early to receive a t-shirt, snack pack and other giveaways. Register to attend at ter.ps/Nov21

Friday, November 22
Dingman Center Angels Review Day
10 a.m.–1 p.m., 1518 Van Munching Hall
Hear presentations by local startups seeking funding from angel investors. Learn the lingo, hear comments regarding startup strategy, learn about entrepreneurial financing options, and get presentation tips from the investor feedback. RSVP to attend HERE.

Innovation Fridays
11 a.m.–1 p.m., 2518 Van Munching Hall
Meet with an Entrepreneur-in-Residence for an informal session to receive valuable feedback on your business idea. No suits or business plans required. All you need is an idea.

Friday, November 22 – Sunday, November 24
College Park Sustainability Jam
2333 Van Munching Hall

Join the Center for Social Value Creation for  the 2nd annual College Park Sustainability Jam (CPSJ) – a weekend long engagement aimed at creating new, real-world ideas to promote and advance sustainability. The purpose of the Jam is to learn about design thinking, build new ideas, explore our understanding of sustainability, meet cool people, work hard, and HAVE FUN! The end result is a set of “workable prototypes” that will be uploaded to an international shared database. Activities will run roughly 5-8 p.m. on Friday; 10 a.m-6 p.m. on Saturday; and 10 a.m-3 p.m. on Sunday. Register at http://ter.ps/3yp  

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