As part of San Antonio Startup Week, over 20+ teams of #UTSA students gave their best 90-second elevator pitch for their start-ups ideas. Their ideas covered a wide range of medical devices, apps and everything in-between.
Participants were judged on a number of factors including their business plan, technology and presentation skills.
This event was the first step to qualify for the $100K Student Technology Venture Competition to be held at the UTSA Tech Symposium Day on April 25, 2017. The winning teams will have access to a prize pool of over $100,000 in funding and services to launch their new company. This includes cash, services, patenting, incubation, mentoring, PR and media assistance, and proof of concept funding. The winning teams also qualify to apply for the $50,000 NSF I-Corps™ grants. Did you know that UTSA was the first university in Texas to be designated an NSF I-Corps™ site back in 2014?
The event was organized by the Center for Innovation, Technology and Entrepreneurship (CITE) at UTSA. Established in 2006, CITE is an interdisciplinary center in the Colleges of Business and Engineering to create a pipeline for UTSA faculty, students and surrounding business community to develop new technology ventures. Through a process including education, experience, resources and support, CITE is focused on fostering the growth of new technology-based ventures.
“Congratulations to all our UTSA student entrepreneurs who made it through the elevator pitches! The breadth of ideas and presentation styles were great. It was an exceptional opportunity to not only to hear constructive feedback from established entrepreneurs and investors but also to learn from your competitors and colleagues. Keep up the effort and continue to strive for excellence as you prepare for the next round of pitches,” declared Dr. Cory Hallam, UTSA Chief Commercialization Officer and Jacobson Distinguished Professor of Innovation and Entrepreneurship.
The Top 5 teams will present their pitches in the second round on April 10th at Geekdom.
By: Sarah Hada, UTSA Research