Navigation Links
NJIT students win seed capital and expert guidance to launch business ventures
Date:1/31/2013

Thanks to a unique Capital One and NJIT competition, four teams of Albert Dorman Honors College (ADHC) undergrads probably can't wait until next June when they'll move into their new roles as entrepreneurs with seed funding. Known as the annual Capital One Bank Newark Innovation Acceleration Challenge (NIAC), the competition held at the end of last year also bestowed laurels on two adult teams from the community--Dean and Cheryl Allen-Munley, of Tewksbury, both NJIT alums, and Caron White, of Newark. All winning combinations will receive not only $3,000 in seed capital, but also mentorship from Capital One Bank's Small Business Banking team. Sterling Medical Devices was also a program sponsor.

The competition was steep. Of the 37 team applicants, 14 made the final round to pitch their business plans to judges and then from that group, six winners were chosen. Judges included Capital One Bank's Small Business Banking team, NJIT faculty and others. "We were so proud of our NJIT students, who were especially well-prepared," said event organizer, NJIT Associate Professor Michael Ehrlich. "Probably what helped them the most was their participation in the unique ADHC mentoring program, known as the Interdisciplinary Design Studio (IDS)."

The five-year-old IDS program is the brainchild of ADHC Interim Dean and Distinguished Professor Atam Dhawan, a noted medical device inventor. "The IDS program allows students to learn a roadmap of innovation, research and entrepreneurship towards developing a vision and necessary skills for bringing new technologies in the market taking a leadership role to impact the regional as well as national economy."

This coming summer all winners, including the two community teams, will develop their business concepts through a fellowship at the Capital One Bank Learning Lab at NJIT's Enterprise Development Center, a technology and life sciences start-up incubator that has graduated over 85 successful b
'/>"/>

Contact: Sheryl Weinstein
973-596-3436
New Jersey Institute of Technology
Source:Eurekalert

Page: 1 2 3

Related biology news :

1. 5 NSF Graduate Research Fellowships awarded to UH students, alumna
2. College students work to sterilize air, kill pathogens on buses
3. New study published on fertility awareness among American university students
4. Rice students work on weighty problem for doctors
5. Wholly water -- students and scientists gather at NTU to discuss water problem
6. Grant to allow graduate students to research water quantity and quality improvement
7. OpenStax Colleges free textbooks will save students $1 million this fall
8. Students create low-cost biosensor to detect contaminated water in developing nations
9. Plan to turn farm waste into paper earns students $15,000
10. UC Riverside receives 3 grants to assist graduate students in pursuing doctoral degrees
11. MSU uses grant to help students master scientific mumbo jumbo
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/28/2014)... compounds that could positively impact the global ... possible, thanks to researchers in Penn State,s ... suppository made from the seaweed-derived food ingredient ... Tenofovir provides a woman-initiated, drug-delivery vehicle that ... transmitted infections during unprotected heterosexual intercourse, the ...
(Date:8/28/2014)... Energy production systems are good examples of complex ... like a networkincluding water for cooling, transport to ... management. Every step in the network chain is ... all mutually dependent. A team of UK-based scientists ... previously explored. The findings have been published in ...
(Date:8/28/2014)... Dyslexia, the most commonly diagnosed learning disability ... disability that occurs when the regions of the ... , The use of non-invasive functional neuroimaging tools ... in dyslexia. However, most prior work has focused ... leaving a gap in our understanding of how ...
Breaking Biology News(10 mins):Sensory-tested drug-delivery vehicle could limit spread of HIV, AIDS 2Sensory-tested drug-delivery vehicle could limit spread of HIV, AIDS 3Inter-dependent networks stress test 2Dyslexic readers have disrupted network connections in the brain 2
... Scientists have decoded the genome of a bacterium that is threatening ... an iconic sight in Britain since its introduction in the 1500s ... over 70 per cent of trees in some areas. Bleeding canker, ... Pae ), causes lesions which bleed like open sores and in ...
... questions about climate change, a new book by Claire ... Space Flight Center in Greenbelt, Md., can provide some ... the Past, Beware the Big Fix," will be published ... why global warming is such a big deal, summarizes ...
... April 19, 2010 Not all animals crave green spaces. ... and this particularity will be addressed by Danielle Dagenais, a ... as part of the Sommet sur la biodiversit et le ... of the most interesting case studies is the Black Redstart. ...
Cached Biology News:Conquering conker canker 2NASA scientist publishes new book: 'Coming Climate Crisis? Consider the Past, Beware the Big Fix' 2Urban wildlife: Some birds crave cement, not trees 2
(Date:8/28/2014)... 2014 Supplementing their complete line ... for Eppendorf Safe Lock Centrifuge Tubes . ... highest quality tubes at an affordable price. Eppendorf ... doing chemical, medical, pharmaceutical, and life science research ... regularly able to afford Eppendorf products. , Eppendorf ...
(Date:8/27/2014)... , Aug. 27, 2014 Rhythm, a ... and genetic deficiencies that result in metabolic disorders, announced ... Form S-1 with the U.S. Securities and Exchange Commission ... shares of its common stock. The number of shares ... offering have not yet been determined. Citigroup ...
(Date:8/27/2014)... plants survive impact by the huge amounts of ... this energy for photosynthesis. The hypothesis is that ... dissipate the energy throughout the entire protein molecule ... have now managed to successfully ,film, this process. ... proteins which play a role in photosynthesis and ...
(Date:8/27/2014)... ANGELES , Aug. 27, 2014  Lisa Kulik ... years this July 4 holiday, thanks to a groundbreaking ... Ph.D., an internationally renowned clinician-researcher at the University of ... a 55-year-old Peoria, Ariz. resident ... robs its victims of sight. On June 2, she ...
Breaking Biology Technology:Eppendorf Safe Lock Centrifuge Tube Promotion Now Available at Major Pipette Distributor Pipette.com 2Eppendorf Safe Lock Centrifuge Tube Promotion Now Available at Major Pipette Distributor Pipette.com 3Rhythm Files Registration Statement for Proposed Initial Public Offering 2DTU researchers film protein quake for the first time 2USC Eye Institute ophthalmologists implant first FDA-approved Argus II retinal prosthesis in western United States 2USC Eye Institute ophthalmologists implant first FDA-approved Argus II retinal prosthesis in western United States 3USC Eye Institute ophthalmologists implant first FDA-approved Argus II retinal prosthesis in western United States 4USC Eye Institute ophthalmologists implant first FDA-approved Argus II retinal prosthesis in western United States 5
... received the 2010 ICO Prize for pioneering contributions to ... new scientific discipline is to capture snapshots of the ... yield important insights into the actual course of chemical ... the interactions between light and matter. "An attosecond ...
... Delivers the News -- CAMBRIDGE, Massachusetts, November 12, 2010 ... ... if (typeof(lpUnit)==,undefined,) var lpUnit=,PRN,; --> ... { var s = ,; var first_result; // Results are keyed by longUrl, so we need to grab the ...
... Dynamic Ventures Corp. Reaches An Agreement in Principle with NOVA Home Loans ... ... if (typeof(lpUnit)==,undefined,) var lpUnit=,PRN,; --> ... = function(data) { var s = ,; var first_result; // Results are keyed by longUrl, so we need to ...
Cached Biology Technology:2010 ICO Prize is awarded to TUM physicist Reinhard Kienberger 2Cell Press Delivers the News 2Cell Press Delivers the News 3Cell Press Delivers the News 4Cell Press Delivers the News 5Cell Press Delivers the News 6Cell Press Delivers the News 7Dynamic Ventures Corp. Reaches An Agreement in Principle with NOVA Home Loans 2Dynamic Ventures Corp. Reaches An Agreement in Principle with NOVA Home Loans 3Dynamic Ventures Corp. Reaches An Agreement in Principle with NOVA Home Loans 4Dynamic Ventures Corp. Reaches An Agreement in Principle with NOVA Home Loans 5Dynamic Ventures Corp. Reaches An Agreement in Principle with NOVA Home Loans 6Dynamic Ventures Corp. Reaches An Agreement in Principle with NOVA Home Loans 7