Global Social Venture Competition Social Entrepreneurial Venture Competition: $50k in prizes*
Want to help start a business that is financially sustainable and creates positive impact?

The Global Social Venture Competition (GSVC) promotes sustainable ventures that address significant social issues, build awareness of the social entrepreneurship field, and educate future leaders.

Teams develop business plans for organizations that will have a positive,real-world impact.

Benefits:
  • Prizes – The top prize is $25,000 with over $50,000 in total cash and prizes
  • Collaboration - Teams are encouraged to collaborate with professionals, seasoned entrepreneurs, and students from other schools
  • Networking - The competition introduces early-stage social venture entrepreneurs to the investment community

Requirements:
  • Teams must include at least one current or recent graduate student (any program)
  • Existing businesses must have been in operation for less than 3 years
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UMBC is #1 Up & Coming for so many reasons, but the innovators that are a part of the entrepreneurial community are just another reason. We had some great ideas submitted this year. Thanks to everyone who took the time to do so. We had a pretty great turn out and it was difficult to narrow down the submissions to the Top 10...but here it is:

(In order of submission date)

  1. eID - David Verghese
  2. SPOK  - SPOT AND PARK APP - Sai Kumar Popuri
  3. ELECTRONIC TRIAGE TAGS FOR MASS CASUALTY INCIDENTS - Patrick Wheltle
  4. FLASHBOT- Edgar Nzokwe, Sory Kante, & Christopher Pagan
  5. THE POWER OF SCHOOL SUPPLIES - Noah Hutton
  6. SMART WINDOWS- Brennan Orlando
  7. Indi– Exploration and Exercise- Nitin Sampathi
  8. DegreeIQ- Eric Mundschenk
  9. CLUB SQUARE - Matthew Berry & Dan Armstrong
  10. TRUE GREENS - Andres Camacho, Tom Eliason, Samual Buettner, & Sarah Miller

CONGRATS to you all and Good Luck!!

The Next Step:
The 2014 Idea Competition will be held NOVEMBER 12, 2014 at 7:00pm in the Commons - Sports Lounge. Your attendance and support is an important part of helping us decide a winner. 

Here's how the night works:
We will have 3 judges who will listen to each teams 3 minute (strict!) pitch. Upon completion judges will ask a variety of questions. Once all the teams have completed this process voting will commence. Each judge's decision makes up 25% of the vote. The audience gets the remaining 25%. So, spread the word. The one thing we ask is that in order to vote, guests must have been at the entire event. It's only fair. 

Category/Prizes:
  • Best Idea/$750
  • Second Place Idea/$500
  • Third Place Idea/$250
  • Best Pitch/$250

Stay connected on Twitter and Facebook using #gotideas or #UMBCentrs

]]> UMBC is #1 Up & Coming for so many reasons, but the innovators that are a part of the entrepreneurial community are just another reason. We had some great ideas submitted this year. Thanks to... https://dev.my.umbc.edu/api/v0/pixel/news/47564/guest@my.umbc.edu/3aed1c1bd521b95ca4b33dcb4d078bc8/api/pixel abce armstrong berry buettner camacho competition eliason gotideas hutton idea kante miller mundschenk nzokwe orlando pagan popuri sampathi umbcentrs verghese wheltle ENTR@UMBC https://dev.my.umbc.edu/groups/entr-at-umbc https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/original.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/large.png?1377114779 https://assets1-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/medium.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/small.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets3-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxsmall.png?1377114779 ENTR@UMBC https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/047/564/a21556edee0f9cf349e1ce79c995691a/xxlarge.jpg?1414178421 https://assets4-dev.my.umbc.edu/system/shared/thumbnails/news/000/047/564/a21556edee0f9cf349e1ce79c995691a/xlarge.jpg?1414178421 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/047/564/a21556edee0f9cf349e1ce79c995691a/large.jpg?1414178421 https://assets3-dev.my.umbc.edu/system/shared/thumbnails/news/000/047/564/a21556edee0f9cf349e1ce79c995691a/medium.jpg?1414178421 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/047/564/a21556edee0f9cf349e1ce79c995691a/small.jpg?1414178421 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/047/564/a21556edee0f9cf349e1ce79c995691a/xsmall.jpg?1414178421 https://assets4-dev.my.umbc.edu/system/shared/thumbnails/news/000/047/564/a21556edee0f9cf349e1ce79c995691a/xxsmall.jpg?1414178421 0 0 true Fri, 24 Oct 2014 14:38:02 -0400 Fri, 24 Oct 2014 15:20:32 -0400 Entrepreneur Spotlight: Have You Met Percy Addo? Get to know one of the guys behind InSource. Percy Addo is an Information Technologies major and is scheduled to graduate in 2014. He is a member of a team who recently launched InSource at UMBC. Since launch it's been steadily growing a user base and has been helping students find connections to continue their business dreams. 

I recently sat down with PErcy to find out a little more about him and about InSource. 




1. Tell us a little about your company, and what makes your business 
unique?

InSource is a revolutionary new tool that will organize the ideas and pre-startup chaos in the academic community. We provide a social web-based space for idea creators and idea seekers to come together. Our space is entirely focused on the academic community and can be used by students, faculty, and others within the academic community. Users will be able to search for individuals that possess specific skills required to advance their projects, they will also be able to be found by other users simply by the title of their projects and their specified skill sets. InSource is not only a place for students to connect but also where innovative ideas become reality. We at InSource strive to make collaboration between our users a click and a step away. 


2. Are there classes on campus that have helped you the most?

There are quite a number of courses I would say helped me the most. But for the sake of time I will only list two that I believe really helped transition me into becoming the young entrepreneur I am today. 
The first being  MGMT 210 – The Practice of Management, a class taught by one of the most committed professors here on campus, Prof. Vivian Armor. This course taught me the dynamics of leading organizations ranging from small entrepreneurial ventures to large corporate environments in terms of setting the right corporate culture and goals, as well as measuring performance. 
The second course on my list, ENTR 201 – The Entrepreneurial Mindset, is a class taught by the most inspiring entrepreneur I know, Gilbert Mason. Not only did this course help in developing my public speaking skills; it also had many contributions in the development of the InSource. 

3. What are some resources that have helped you the most? 
(Magazines, Books, Websites…)

First let me point out that the Internet is the most useful resource that any individual can tap into. Aside from the internet, A Whole New Mind, by Daniel H. Pink is a book I believe every motivated student should read. This book not only changed how I view the politics of education but also how I experience the world as a whole. I will also like to point out that this particular book inspired the current InSource logo.  

4. What is the toughest decision you have had to make in the last 6 
months?

The toughest decision I had to make in the past 6 months would honestly be deciding on the appropriate compensation (equity) to distribute between all participating members of InSource. It is especially difficult in determining a fair amount that would satisfy and at the same time show how valuable each member is to the company without stirring up bad feelings within the group.  


5. What advice would you give other student entrepreneurs?

  1. Get OUT of your comfort zone
  2. Don’t be afraid to fail, and when it comes to entrepreneurial ventures, “fail fast”.
  3. Be open to hearing other peoples inputs
  4. Try to be the best overall person you can be, because one thing that people will always remember is how you made them feel.

Reach out to Percy & Visit the InSource Website to learn more. 

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I recently sat down with Markus to get to know more about what makes EduPal so special. 






1. Tell us a little about your company, and what makes your business 
unique?

"EduPal is a FREE ‘by students for students' app designed around your needs as a college student. We have created an adaptive and responsive tool that organizes your life, promotes collaborative learning, and enhances social engagement. Because we are students ourselves, we understand the importance of time management and maintaining a healthy social life so we made an app to do just that. Students can now feel confident that their devices will support them as they journey through college and focus on what is really important: their learning. At this stage of EduPal: students can get all homework, quizzes, exams, and pretty much everything else from the syllabus organized into a color coded calendar.

What makes us beautifully unique is that our tool does NOT require teachers to do anything. Students can grab the steering wheel and make EduPal the most valuable resource on campus all on their own. This nontraditional crowd sourcing model is very disruptive in the EdTech market."


2. Are there classes on campus that have helped you the most?

"ENTR201: Helped me to polish my public speaking skills and understand the type of thinker I am.
INDS330: I was required to write a lot of papers and plugged in EduPal as much as possible. Not only did it help me understand my product better, I also adopted a mentor (the instructor) who helped me solidify my idea for the CBIC."

3. What are some resources that have helped you the most? 
(Magazines, Books, Websites…)

Elance: Freelancer contracting website that I use to outsource complex coding work
CoFoundersLab: Website to find other entrepreneurial minded people in your area
Lean StartUp: Must read for all entrepreneurs (Markus isn't the first to recommend this one!) 
LinkedIn: Search professionals and students by skill
Craigslist: Might find your next business partner here as well

I also follow Forbes & Inc Magazine on Twitter


4. What is the toughest decision you have had to make in the last 6 
months?

"The toughest decision I made recently was the decision to change my major. It doesn't sound like much but when you are a Junior, there are some ramifications. The good news is that I am satisfied with choosing INDS to tailor my own education. My new major allows me to readily apply what I learn in the classroom directly into EduPal."


5. What advice would you give other student entrepreneurs?

"Student entrepreneurs need to realize that they are the worst critic of their own ideas.
My advice is for students to get out of their comfort zone and pitch their concept to as many people as possible...especially their target audience. Why? because validation is critical before you start spending time and money building the best product no one wants."

Reach out to Markus & Visit the EduPal Website to learn more. 

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Created by the brains of UMBC grads and students (Kyran Richardson and Percy Addo), an winners of the CBIC in April, InSource is a revolutionary new tool that will organize the ideas and pre-startup chaos in the academic community. 

Have you ever had a business idea but had no idea what to do next? InSource allows you to find the necessary students on your campus, with the necessary skills, to turn that business idea into a start up!

InSource is not only for students with business ideas, InSource is also a platform to showcase your skills. Whether you are a web developer or a marketing guru, InSource gives you the opportunity to put your skills toward start up efforts! 

Sign up and get the wheels moving on your next big project!
www.projectinsource.com or visit them on facebook. 
]]> If you have a business idea, and need help starting up. You can now put the power of the internet to work for you.  Created by the brains of UMBC grads and students (Kyran Richardson and Percy... http://www.projectinsource.com https://dev.my.umbc.edu/api/v0/pixel/news/46258/guest@my.umbc.edu/cbbfce32b3a5f683984448b7aa7183a7/api/pixel abce addo cbic insource kyran umbcentrs ENTR@UMBC https://dev.my.umbc.edu/groups/entr-at-umbc https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/original.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/large.png?1377114779 https://assets1-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/medium.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/small.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets3-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxsmall.png?1377114779 ENTR@UMBC https://assets4-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/258/6382d03f09079b677049f5ff6a552f78/xxlarge.jpg?1410404332 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/258/6382d03f09079b677049f5ff6a552f78/xlarge.jpg?1410404332 https://assets4-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/258/6382d03f09079b677049f5ff6a552f78/large.jpg?1410404332 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/258/6382d03f09079b677049f5ff6a552f78/medium.jpg?1410404332 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/258/6382d03f09079b677049f5ff6a552f78/small.jpg?1410404332 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/258/6382d03f09079b677049f5ff6a552f78/xsmall.jpg?1410404332 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/258/6382d03f09079b677049f5ff6a552f78/xxsmall.jpg?1410404332 0 0 true Wed, 10 Sep 2014 22:59:57 -0400 Job Posting: SBM Microsystems PT Social Media and Marketing Intern for SBM Microsystems
ENTR Professor Michael Rosenfeld has asked me to forward this along to our students. He said, "It would be a very cool place for a student to gain some experience, and help in a very important functional area for the company."



*Part-time Social Media and Marketing Intern*

Cool, cutting edge technology firm seeks a computer literate and creative
person to update and manage our web site, edit and send email marketing
blasts, and prepare and submit press releases.  No coding or heavy-duty
technical work required, but candidate must be comfortable with a variety
of software packages, and with using a content management system
(WordPress.) Demonstrated experience with creative work (graphics and chart
preparation, layout, content generation such as photography and photo
selection, and some amount of copy writing) will be viewed very favorably,
as the candidate will be expected to contribute to web content, company
presentation, proposal and marketing materials.

Work load expected ~ 10 hrs/week. Hourly rate commensurate with experience.


The companies website states their mission as:
"SBM takes what you imagine and turns those visions into market realities. SBM was founded to serve our clients and develop novel solutions to challenging problems in medicine and medical devices, biology, automotive, defense and oil exploration.  SBM designs, fabricates and tests solutions throughout the complete product development process, collaboratively with our clients to make their dreams a reality." 

Learn more about the company: http://www.sbmicrosystems.us/

Those interested, please email me (jmassey1@umbc.edu) for contact information. 

Good luck to those who apply. 
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If you've been lucky enough to take a class with Gib Mason, ENTR Instructor and serial entrepreneur, you know the wealth of knowledge he has to share. 

If you have questions about starting your business, growing a business, or just interested in entrepreneurship, Gib will be holding office hours as our Entrepreneur In Residence beginning Monday, September 8. 

You can find him in entreSpace every Monday from 3:00 - 4:00pm. 

Just in case, entreSpace is located in Academic Services Room 139. 
]]> If you've been lucky enough to take a class with Gib Mason, ENTR Instructor and serial entrepreneur, you know the wealth of knowledge he has to share.  If you have questions about starting... https://dev.my.umbc.edu/api/v0/pixel/news/46097/guest@my.umbc.edu/4ace8b4e309b3effda4501b276612c1a/api/pixel abce entrepreneurship entrespace gib mason umbcentrs ENTR@UMBC https://dev.my.umbc.edu/groups/entr-at-umbc https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/original.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/large.png?1377114779 https://assets1-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/medium.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/small.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets3-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxsmall.png?1377114779 ENTR@UMBC https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/097/7a2831d578da49e38936bc3fa5ce5ca6/xxlarge.jpg?1409850491 https://assets3-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/097/7a2831d578da49e38936bc3fa5ce5ca6/xlarge.jpg?1409850491 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/097/7a2831d578da49e38936bc3fa5ce5ca6/large.jpg?1409850491 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/097/7a2831d578da49e38936bc3fa5ce5ca6/medium.jpg?1409850491 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/097/7a2831d578da49e38936bc3fa5ce5ca6/small.jpg?1409850491 https://assets3-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/097/7a2831d578da49e38936bc3fa5ce5ca6/xsmall.jpg?1409850491 https://assets3-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/097/7a2831d578da49e38936bc3fa5ce5ca6/xxsmall.jpg?1409850491 0 0 true Thu, 04 Sep 2014 13:08:31 -0400 Fall Workshops...give us your input entreSpace is here for you, tell us what you'd love to learn As you know entreSpace opened up last semester and has been being used by a number of student entrepreneurs to help prepare for the Idea Competition and get their businesses off the ground. 

This semester we plan to bring you a number of great workshops, but we need your input. We've been accepting topics from some local entrepreneurs during the summer and have narrowed it down to what we think are the best. 

Now, it's up to you to vote. Tell us your top 5 workshops you'd like to see. We will then select the highest 3 or 4 to host during the fall. 

TAKE THE SURVEY TODAY!

We'll be accepting results through Monday, September 8. 

Thanks in advance and make sure you stop by entreSpace, it's in the old theaterbuilding room 139. 
]]> As you know entreSpace opened up last semester and has been being used by a number of student entrepreneurs to help prepare for the Idea Competition and get their businesses off the ground. ... https://docs.google.com/forms/d/1wDkk-hXPWU1ZlQ2M3fgPoMIVpGK1wi45tKYsEx5L6b8 https://dev.my.umbc.edu/api/v0/pixel/news/46092/guest@my.umbc.edu/73006fa73d5edf592f2bfe0ad7094d86/api/pixel abce entrespace entrminors umbcentrs workshops ENTR@UMBC https://dev.my.umbc.edu/groups/entr-at-umbc https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/original.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/large.png?1377114779 https://assets1-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/medium.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/small.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets3-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxsmall.png?1377114779 ENTR@UMBC https://assets3-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/092/1eb3a37fe3344c4b27d2f8b3d9033f11/xxlarge.jpg?1409838011 https://assets4-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/092/1eb3a37fe3344c4b27d2f8b3d9033f11/xlarge.jpg?1409838011 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/092/1eb3a37fe3344c4b27d2f8b3d9033f11/large.jpg?1409838011 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/092/1eb3a37fe3344c4b27d2f8b3d9033f11/medium.jpg?1409838011 https://assets4-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/092/1eb3a37fe3344c4b27d2f8b3d9033f11/small.jpg?1409838011 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/092/1eb3a37fe3344c4b27d2f8b3d9033f11/xsmall.jpg?1409838011 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/092/1eb3a37fe3344c4b27d2f8b3d9033f11/xxsmall.jpg?1409838011 0 0 true Thu, 04 Sep 2014 09:41:17 -0400 Eisenberg Scholarship Apply for a chance to earn $500

The purpose of the Joseph and Frieda Faiman Eisenberg/VPC Endowed Scholarship is to provide a $500 scholarship award to an outstanding UMBC undergraduate interested in becoming an entrepreneur.

This award is associated with UMBC’s Alex. Brown Center for Entrepreneurship. The scholarship will be awarded for the 2014-2015 academic year.

The student selected to receive this award should:

 

APPLICATION DEADLINE: September 30, 2014

To apply, download the attached form and deliver to Vivian Armor by the date above. 

]]> The purpose of the Joseph and Frieda Faiman Eisenberg/VPC Endowed Scholarship is to provide a $500 scholarship award to an outstanding UMBC undergraduate interested in becoming an entrepreneur.... Flyer https://assets4-dev.my.umbc.edu/system/shared/attachments/b6ddef3176623590a40f393125424db5/6a09cb02/news/000/046/052/b09007d46d54f6bb4166f7d582a3f5d9/Eisenberg Scholarship 2014-2015.doc?1409753138 https://dev.my.umbc.edu/api/v0/pixel/news/46052/guest@my.umbc.edu/170c8cf9d6bf62ab74dbb8225150d19d/api/pixel abce dissertation eisenberg entrepreneur scholarship umbcentrs ENTR@UMBC https://dev.my.umbc.edu/groups/entr-at-umbc https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/original.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/large.png?1377114779 https://assets1-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/medium.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/small.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets3-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxsmall.png?1377114779 ENTR@UMBC https://assets3-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/052/119ce5d79e3c006a9e46967bff271cb2/xxlarge.jpg?1409752912 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/052/119ce5d79e3c006a9e46967bff271cb2/xlarge.jpg?1409752912 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/052/119ce5d79e3c006a9e46967bff271cb2/large.jpg?1409752912 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/052/119ce5d79e3c006a9e46967bff271cb2/medium.jpg?1409752912 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/052/119ce5d79e3c006a9e46967bff271cb2/small.jpg?1409752912 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/052/119ce5d79e3c006a9e46967bff271cb2/xsmall.jpg?1409752912 https://assets4-dev.my.umbc.edu/system/shared/thumbnails/news/000/046/052/119ce5d79e3c006a9e46967bff271cb2/xxsmall.jpg?1409752912 0 0 true Wed, 03 Sep 2014 10:05:38 -0400 Wed, 24 Sep 2014 23:08:38 -0400 Student Entrepreneur Spotlight: Andrew Mavronicolas Recent grad launches marketplace to benefit UMBC students Andrew Mavronicolas is a recent graduate with a degree in Information Systems, and was a member of the Entrepreneurship and Innovation Minorprogram. 
As part of one of his classes, Mavronicolas and his team (Man Lee, Jones Moses, and Tyler Jaeger) began the process of developing an online marketplace to allow students to buy and sell their textbooks and lab equipment to each other. 
The idea won them a runners up place in last Spring's Cangialosi Business Innovation Competition (CBIC). They just recently launched the marketplace, now called Backpack 'Em at UMBC and have plans to launch it at other universities in the coming months. 


1. Tell us a little about your company, and what makes your business 
unique?

We created Backpack ‘Em to address the absence of a student centered marketplace. With costs of course materials constantly on the rise, students have been going to their social circles to make exchanges first. 

Backpack ‘Em brings organization and ease of use into the equation. Browse by subject, course number, or teacher, and get a listing for books for sale by fellow students instantly. Schedule a meet up time with each other, and make the exchange. The power is in students hands. You’re not at the mercy of book distribution companies anymore.

The possibilities don’t stop with just course materials on Backpack ‘Em. We empower students to sell any school appropriate materials: books, lab equipment, furniture, concert tickets, and more!


2. Are there classes on campus that have helped you the most?

We started this project as a team in Dr. Karabatis’ IS420 (Database Application Development) class and learned a lot there in interfacing a database on the back-end with a user interface on the front-end. I also took Greg Cangialosi’s ENTR320 (Entrepreneurial Marketing) class where I learned how to approach today’s marketing landscape through a focus on inbound methods as opposed to ineffective outbound practices.


3. What are some resources that have helped you the most? 
(Magazines, Books, Websites…)

If you are interested in reading a book geared more towards tech startups, I would recommend reading The Lean Startup by Eric Ries. His focus on innovation through iteration in the present is profound in today’s constantly changing technology landscape. 
I also follow articles and blog posts in Inc. Magazine and 500 Startups for quick reads. 
Normally I wouldn't recommend a book that I’m not completely finished with yet, however Influence by Robert Cialdini has been a very good read thus far and excellent for anyone looking to go into entrepreneurship, sales, marketing, along with any other positions that involve persuasion.


4. What is the toughest decision you have had to make in the last 6 
months?

Whether or not to apply to the CBIC. At the time, we had just started to ramp up our efforts into making our IS420 project a reality. We could see that the time involved in the different stages of the competition would slow down our development of Backpack ‘Em, but decided to apply to it anyways.

 It turned out to be a very good decision as we not only made it to the final stage of the competition, but also developed a business plan, worked closely with a mentor that was paired with our team, and pitched to a group of investors. Everything that we learned and experienced during this competition led to some integral changes which we have implemented in Backpack ‘Em today, along with more in store for the future.


5. What advice would you give other student entrepreneurs?

Never settle. If you dream of driving change and not holding the average day job, perseverance is key.

Make connections. Many entrepreneurs have been in your shoes before and are willing to provide some guidance, given that you prove your worth through your actions rather than your words. This also includes making connections with like-minded students. Everyone has a strength that they can bring to the table to make a stronger team - you can’t do everything on your own.

Fail Better. The best way to learn is from trying something first hand and failing at it so that you have an idea of how you can do it better the next time. Many people that you will come across will have great ideas, but these ideas will never come to fruition if they don’t have the courage to act upon them and turn them into reality.

Reach out to Andrew & Visit the Backpack 'Em Website to learn more. 

]]> Andrew Mavronicolas is a recent graduate with a degree in Information Systems, and was a member of the Entrepreneurship and Innovation Minorprogram.  As part of one of his classes, Mavronicolas... http://umbc.backpackem.com https://dev.my.umbc.edu/api/v0/pixel/news/45828/guest@my.umbc.edu/07d34fad813fd080e67fb0c8a908c655/api/pixel abce backpack backpackem cangialosi cbic entr marketplace mavronicholas umbcentrs ENTR@UMBC https://dev.my.umbc.edu/groups/entr-at-umbc https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/original.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xlarge.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/large.png?1377114779 https://assets1-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/medium.png?1377114779 https://assets2-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/small.png?1377114779 https://assets4-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xsmall.png?1377114779 https://assets3-dev.my.umbc.edu/system/shared/avatars/groups/000/000/631/331bd2a196c2bb4218eeb9546578dd20/xxsmall.png?1377114779 ENTR@UMBC https://assets3-dev.my.umbc.edu/system/shared/thumbnails/news/000/045/828/07853a2a7780c24f61a8e4b9961174db/xxlarge.jpg?1408644821 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/045/828/07853a2a7780c24f61a8e4b9961174db/xlarge.jpg?1408644821 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/045/828/07853a2a7780c24f61a8e4b9961174db/large.jpg?1408644821 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/045/828/07853a2a7780c24f61a8e4b9961174db/medium.jpg?1408644821 https://assets4-dev.my.umbc.edu/system/shared/thumbnails/news/000/045/828/07853a2a7780c24f61a8e4b9961174db/small.jpg?1408644821 https://assets1-dev.my.umbc.edu/system/shared/thumbnails/news/000/045/828/07853a2a7780c24f61a8e4b9961174db/xsmall.jpg?1408644821 https://assets2-dev.my.umbc.edu/system/shared/thumbnails/news/000/045/828/07853a2a7780c24f61a8e4b9961174db/xxsmall.jpg?1408644821 0 0 true Thu, 21 Aug 2014 14:14:28 -0400