Applications are now being accepted for the 2016 Cupid’s Cup Entrepreneurship Competition, presented by Under Armour Founder and CEO Kevin Plank. Cupid’s Cup aims to reach the top entrepreneurial minds in the country, and more importantly, to inspire and foster the community of college students and recent graduates who have already followed Plank’s lead and are running their own companies.
All Temple undergraduate and graduate students are encouraged to compete. Alumni who are 30 years old and younger are also encouraged to enter. The Cupid’s Cup participants will be competing for $100,000 in total cash prizes, access to Kevin Plank’s professional network and the prestigious Cupid’s Cup title.
The application deadline is January 5, 2016. For more information, please visit: http://www.cupidscup.com/
Like the show Shark Tank? Come watch our Idea Competition finalists pitch their ideas live, Shark Tank style at the Idea Competition Presentation & Awards Reception. The event will be hosted on Wednesday, November 11 at 4:00 P.M. in the Undergraduate Commons. Food and drinks will be provided.
We hope to see you there!
We are pleased to announce the finalists for our 18th Annual Innovative Idea Competition. With more than 350 submissions, our finalists include:
Seed Dyes (Tyler Stoltzfus, Fox)
Pound Cake Incorporated (Camille Bell, SMC ‘15)
Self-Stabilizing Gloves (Sabrina Zouaghi, CST)
Quick Stabilizing Carbon (Stephen Peduto, Engineering)
Fumi Convertor (Meckell Strickland-Dulaney, Fox)
My Menu Genie (Shahd Azab, CST)
Blue Fin The Dating App (Asante Lewis, CST)
RateMyLocale (Andrew Kondelin, Fox)
Jacket In a Hat (Robert Nufrio, Engineering)
Ka Bom Designs (Olawunmi Thomas-Quarcoo, Fox)
Myjé – Premium scented mist for curly hair (Séverine Bandou, Fox)
AtmosFi (Ryan Oliveira, Fox ’13)
Join us on November 11th at 4pm in the UG Commons to hear live pitches from all of the finalists, Shark Tank style. Thank you to those who participated in the 18th annual Innovative Idea Competition.
“Most companies stop creating their business plans because of the financials… Professor Carey makes them incredibly simple to understand” –Ellen Weber
On November 5, a packed room full of students gathered in the IEI Lab to listen to Professor Carey’s business plan workshop on financials. Specifically, his presentation focused on the past, present and future of financial tools used in business. He addressed the fear of the financials head on by saying, “The only reason they are scary is because there are so many variations, and not every textbook comes to the same conclusion.”
Prof. Carey discussed, in detail, past methods of financial planning, such as balance sheets and how businesses have progressed into using newer methods like the cash flow proforma. To maximize the learning opportunities for students in the session, he created a hypothetical scenario and worked with students step by step to fill out a cash flow proforma. This activity helped students better grasp this key concept all while enjoying a few laughs and some pizza.
At the end of the workshop, he engaged in a Q&A session with students.
Strategic Management Professor Dwight Carey’s business plan workshop, ‘Financials Made Simple’ is tomorrow in the IEI Lab from 4:00 to 5:15 P.M. Food and drinks will be provided.
Be sure to stop by, you won’t want to miss this one!
On October 27, Max Perelman of Biomeme, Inc. joined us for a Fireside Chat. Biomeme, a Philadelphia biotech startup, offers a device that attaches to your iPhone and enables you to perform gold-standard DNA analysis. During his presentation, Max explained how he co-founded Biomeme and discussed some of the successes and challenges his innovation faces. Afterwards, he engaged in a Q&A session with students.
Stay up to date on all IEI workshops and events by checking out our Twitter handle: @IEIfox
Don’t forget to submit your idea into the Innovative Idea Competition by Wednesday, October 28 at 11:59 P.M. Take the risk- you could win $2,500 to help you better develop your business idea!
Click here for access to the application.
Biomeme, the Philadelphia biotech start up, will be joining us for a Fireside Chat on 10/27. It will be held in the IEI Lab from 4:00- 5:15 PM. Food and drinks will be provided.
We hope to see you there!
Register to attend here.
Entrepreneurs and technologists joined Temple University staff and students in The Egg for the TechConnect workshop on October 16. The all-day workshop helped attendees develop their biomedical and healthcare technology ideas through a variety of business models and strategies. Throughout the day, attendees listened to sessions lead by both Dr. Rob McNamee of Temple and Dr. Andrew Maxwell of Lassonde School of Engineering in Toronto. After each session, attendees applied what they learned in interactive group activities. At the end of the day, attendees were given the opportunity to mingle and network amongst each other.
Keep an eye out for more details about our Spring 2016 TechConnect workshop!
On October 14, Temple students from every school and college gathered in the IEI Lab to receive coaching on their ideas for the Idea Competition. In a round table fashion, students sat with local entrepreneurs and pitched their ideas to them. During the hour session, coaches were able to give students advice on how they could improve upon their existing idea or how they could differentiate their idea from something similar that is already on the market. This coaching session was invaluable to students because they received feedback from industry veterans. These perspectives will help students perfect their ideas for submission before the October 28 deadline.
All Temple students are encouraged to enter their ideas into the Idea Competition. Click here to submit your idea!
Join us next week for our Value Proposition Workshop with David Calabrese. It will be held on 10/20 at 4:00 PM in the IEI Lab-Alter Hall 503D. Learn more about this critical component of all business plans and how to also create a winning business model.
Food and drinks will be provided.
Next week is our TechConnect Workshop. Don’t forget to register and mark your calendars!
TechConnect is a daylong workshop that helps develop technological innovations to market success. This year’s focus is BioMedical and Healthcare Technologies.
TechConnect will take place on Friday, October 16th from 8:30 am – 4:00 pm in the Undergraduate Commons in Alter Hall. Meals will be provided.
Register to attend here.
Do you have an idea for a new product, service or technology?
The Innovative Idea Competition is an annual event held during the Fall semester, hosted by the Innovation & Entrepreneurship Institute. The Competition encourages the generation of innovative new products, services, and technologies from all 17 schools and colleges within Temple University which can become the foundation for new businesses.
The competition is open to all students, staff, faculty and alumni of Temple University.
If your idea is selected as a finalist, you will pitch your idea at the live competition on November 11th at 4:00 pm in the Fox School of Business, Alter Hall, 1st Floor.
Participation is easy:
The application submission form is now active. Sign up today!
Deadline to submit applications is October 28th.
Resources for Participants:
The IEI Lab and Blackstone Launchpad offer resources and workshops to indviduals who would like help in developing their idea.
Visit the IEI Website for dates and times of available workshops.
Register at email@example.com for help from Blackstone Launchpad.
To learn more visit: iei.temple.edu/idea
Join the TUYA for the 5th edition of the #TempleMadeEntrepreneur event series featuring Brian Linton of United by Blue. Brian will discuss how he and his company successfully launched two products with the help of Kickstarter, 2,500+ backers, and over $150,000! We will hear about the benefits of crowdfunding platforms like Kickstarter as a means to finance your ideas and help achieve your business goals. Come to find out if crowdfunding is right for you, get some ideas on how to run a successful funding campaign, and for a chance to learn more of Brian’s dynamic story.
Food and drink will be served.