Tag Archives: Terp Startup

Frozen Desserts Done Deliciously with Terp Startup FroDoh

This summer, the Dingman Center will be conducting interviews with the nine 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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FroDoh’s founders, left to right: Diego Lyon (CTO), Holly Wilson (COO), Simon Amato (CEO), Alexandra Cimino (CMO)

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The founders of FroDoh are passionate about shaking up the food industry with their premium frozen desserts. Available in three flavors, blueberry, banana nut and s’mores, FroDoh’s donut holes remain delicious even after freezing, making them ideal for a luxurious late-night snack. Friends Simon Amato, CEO and Holly Wilson, COO launched the company in their junior year at University of Maryland, later bringing in Alexandra (Al) Cimino, CMO and Diego Lyon, CTO. The Dingman Center was able to interview FroDoh’s recently graduated team members, Simon, Holly and Al, who have chosen to pursue their startup full-time.

Want to support FroDoh? Help them raise $20,000 on their Indiegogo campaign!

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Should an Entrepreneur Move to Silicon Valley?

by: David Potter, Co-Founder and CEO of Curu

Silicon Valley is constantly regarded as the ‘Innovation hub of the world’. With so many companies and successful startups headquartered in the area…. and even a TV show, it has become challenging to find someone who is oblivious to the reputation that Silicon Valley holds. For an entrepreneur, Silicon Valley could seem as New York did for immigrants—the land of opportunity. Due to the talent, funding, market reach and a history of performance, Silicon Valley to me seemed like a wonderland. This led me to believe the area was either over-glorified or truly the land of an innovator’s dream. This summer, I flew down there with my team to spend a month exploring the true environment of Silicon Valley.

CuruNew.pngI am David Potter, a junior Finance & Marketing student at the University of Maryland’s Robert H. Smith School of Business, and the CEO of Curu. Curu is an app that maximizes the user’s credit score with minimal effort on their end. This summer Curu was enrolled in the Dingman Center’s Terp Startup Accelerator where we received funding, mentorship, workspace and amazing support from a strong entrepreneurial network. Through Terp Startup we addressed critical areas of business development and set a stage for us to reach our market with a strong product. Following Terp Startup’s Demo Day, our team had our flights booked for the bay area with a mission to execute on Curu’s development to product launch.

In the land of entrepreneurial opportunity, it was hard to ignore that everything was so expensive. We lived in an Airbnb for the month (which was an RV) for $1,700. This was the cheapest deal we could find for our desired location in Redwood City, and considering prices for housing passed $5,000 we got a pretty good deal (although I think our bank accounts would disagree). Oh, and the 9% state tax didn’t help. We utilized the library and coffee shops as our primary workspace, free gym trials for working out and walked to the majority of our destinations. Thankfully our Airbnb was just a 10-minute walk from downtown, but all this goes to say, the area is expensive and planning ahead for travel, rent, food and a workspace is a necessity if you want to give all your focus to your entrepreneurial goals.

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A Preview of the Cupid’s Cup Startup Showcase

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Cupid’s Cup is tomorrow, and we’re all excited to watch UMD and Terp Startup alum Javazen compete for the prize of $100,000. But before the main event starts at 4 p.m., there is a wonderful opportunity to see some rising stars of the UMD startup community at the Cupid’s Cup Showcase at 2 p.m. Who knows, one day they may be competing in Cupid’s Cup themselves. Here’s a sneak peek of the impressive startups and their founders you can expect to see there:

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Startup Founder Inspires Unique Company Culture

 

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David Engle is the CEO and co-Founder of Demere.co, a a virtual clothing platform that allows users to upload photos of their garments and within 20 seconds – based on age, gender, weather, and personal style – Demere can predict the best outfit for the user to wear in addition to notifying them of what to purchase online to add to their current wardrobe, as well as while they are shopping in physical stores. Currently, the platform is in a private beta, which is one reason why David is participating in the the Dingman Center’s Terp Startup summer incubator program. Leading up to the full site launch in early fall, David and the Demere team are spending the summer collecting valuable user data to improve the platform. Continue reading

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Inspired By Spanish Art, Student Launches Street-wear Brand

As a college student, Jordan Greenwald didn’t know he would become an entrepreneur. It wasn’t until an eye-opening study abroad trip to Spain that he realized he was destined to run his own company.

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Terp Startup K. Sultana Creates Breathable Head Scarves For Muslim Women

Omar Goheer is on a mission to change the way Muslim women feel in a head scarf. His company, K.Sultana, was founded to solve the prevalent problem of discomfort from hot temperatures experienced by Muslim woman who wear the head scarf. These innovative scarves ventilate and provide comfort over the head and around the neck through the use of a unique blend of breathable and lightweight fabrics. The K. Sultana scarf can be worn over the head by women who wear the hijab or it can be used as the perfect fashion accessory for women who choose to not wear the hijab. K. Sultana also has a social impact component to the business, partnering with local homeless shelters to allow battered and abused Muslim women help sell the scarves in exchange for a sales commission.

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Terp Startup Javazen Is Putting a Healthy Twist On Your Morning Coffee

What comes to mind when you hear “the Arnold Palmer of coffee?” In the D.C. area, many people think Javazen.

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According to the company website, Javazen is organic coffee combined with premium teas and nutritious “superfoods,” including cacao and goji berries. Aaron Wallach, Eric Golman and Ryan Scheuler started the company in their college apartment while attending the University of Maryland. After recently graduating from UMD and making their first sales, the team decided to run Javazen full-time. Continue reading

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Keep Up With The Dingman Center This Summer

Did you think the Dingman Center was taking a break this summer? Think again! Although we’re not having weekly Pitch Dingman sessions or monthly Dingman Center Angels investor meetings, there are a number of ways you can stay engaged with us this summer.

1. Attend a FREE startup workshop.

One of the biggest perks of being in the Terp Startup summer incubator program is that students have access to workshops from leading experts. Since not all of the entrepreneurs in our network could join Terp Startup, many of these workshops will be open to the public! Join us for sessions on a wide range of topics including Growing Beyond Product #1, Customer Relationship Management, Sources of Funding and Accounting Needs. A full listing of all open workshops are available on the Terp Startup page on our website.

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2. Sign-up to receive The Pitch!

The Pitch is a bi-weekly email digest that will keep you informed on what’s happening in our community. It includes regional events, job postings, updates on our portfolio companies and student startups, as well as recent news from inside the Dingman Center. If you don’t already receive The Pitch, join our mailing list.

@UMD_Dingman3. Tweet, tweet, tweet.

The best place to get real-time updates from the Dingman Center is through our Twitter feed. Don’t miss a shout out, behind the scenes picture or #tbt post!

4. Network with us

Our involvement in the regional startup community doesn’t stop just because it’s summer. You can see our staff out at various events in D.C. and Baltimore. This weekend, Managing Director Elana Fine will moderate a panel on MBA Women Entrepreneurs at the  2015 Forté MBA Women’s Leadership Conference. Our Fearless Founders will be out at various tech meetups too. We look forward to seeing you out and about.

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Terp Toolkit: Finding Office Space for Your Startup

Terp Toolkit highlights resources for starting your business.

Shared office spaces are popular among start-ups and an excellent way to find workspace without breaking the bank. Co-working spaces also often provide perks and resources beyond a desk, including: internet, conference space, area discounts, access to a network of business people and investors, kitchens, and even free snacks and coffee.

Startup-OfficeA few options to check out include:

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Five Startups Named to Dingman Center for Entrepreneurship Summer Incubator

The Dingman Center for Entrepreneurship has announced five students who have been selected for its summer incubator, Terp Startup. Terp Startup is the third and final stage of Fearless Founders, an experiential program that provides student teams the strategy, frameworks and tools necessary to develop their business ideas using lean startup methodology. The program demystifies the venture creation process by breaking it up into three stages: Idea Shell, Hatch and Terp Startup.

While Terp Startup has been a stage of Fearless Founders for several years, it has been revamped to focus on students who want to spend the summer working on customer acquisition, receiving feedback from mentors and attending workshops. More than 15 students applied to the program and the competition was tough.

“Three years ago we set our sights on strengthening our pipeline of talented student entrepreneurs,” said Elana Fine, managing director at the Dingman Center. “The Terp Startup applicants and selected participants exemplify the students, companies and community we aimed to attract.”
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