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:7/24/2014)... 2014 /PRNewswire-iReach/ -- The Geneva Healthcare Suite, an innovative ... cut emergency room wait times by an average of ... Center, according to a recent study published in the ... using the suite to access data from incoming patients, ... "Using Geneva,s technology platform we have been able ...
(Date:7/24/2014)... by 45% on average over a 35 year period ... on the impact of humans on declining animal numbers. ... such as insects, spiders, crustaceans, slugs and worms bring ... for crops, decomposition for nutrient cycling, water filtration and ... and led by UCL, Stanford and UCSB, focused ...
(Date:7/24/2014)... Imagine a smog-free Los Angeles, where electric cars ply ... run on heat from beneath the earth, from howling ... new Stanford study finds that it is technically and ... one powered by clean, renewable energy. Published in ... sustainable, inexpensive and reliable energy supply in California that ...
Breaking Biology News(10 mins):UC San Diego Medical Center Cuts Average ER Wait Time by 92 Minutes using the Geneva Healthcare Suite 2UC San Diego Medical Center Cuts Average ER Wait Time by 92 Minutes using the Geneva Healthcare Suite 3Invertebrate numbers nearly halve as human population doubles 2Invertebrate numbers nearly halve as human population doubles 3Stanford study shows how to power California with wind, water and sun 2Stanford study shows how to power California with wind, water and sun 3Stanford study shows how to power California with wind, water and sun 4
... is showing multiple benefits from restoration efforts, newly published ... increased the abundance and diversity of submerged aquatic vegetation ... during the 18-year field study. Since 1990, the ... doubled, the area covered by native SAV has increased ...
... prominent speakers have been added to the slate ... Military Medicine Symposium: Advancing Public-Private Partnerships, on September ... Washington, D.C. The event is a premier opportunity ... to come together to discuss medical partnerships to ...
... than a health hazard according to scientists from The University ... Medicine and Science have discovered powerful antibiotic properties in the ... treatments for multi-drug resistant bacterial infections. They found that the ... were able to kill more than 90 per cent of ...
Cached Biology News:Potomac River: 10-fold increase in native submerged vegetation reflects improved water quality 2Sutherland and Berglass to keynote USU-HJF Military Medicine Symposium 2Sutherland and Berglass to keynote USU-HJF Military Medicine Symposium 3Cockroach brains could be rich stores of new antibiotics 2
(Date:7/24/2014)... -- ECC West Africa, LLC (ECC) signed a contract in ... Hospital (UCH) Ibadan Board of Management for the first ... and operate and maintain a new, state-of-the-art Cancer Institute ... first of the 4-phase project, ECC will conduct feasibility ... Ibadan intends to finance and develop the Cancer Institute ...
(Date:7/24/2014)... natural and synthetic processes prefer to settle into ... energyit is within the realm of non-equilibrium conditions ... changes in energy and phases, such as temperature ... allow humans to regulate their body temperature, airplanes ... seismic activity. , But even though these ...
(Date:7/24/2014)... , July 24, 2014  CorMedix Inc. ... developing and commercializing therapeutic products for the prevention ... announces receipt of notice on July 18, 2014 ... NYSE-MKT has accepted the CorMedix plan to regain ... As a result, the NYSE-MKT is continuing the ...
(Date:7/24/2014)... 2014 1000 balances – 4 steps ... customers’ weighing needs and expertly narrows down the mass ... scales or even terminals. , First, select the ... (or select readability instead) and define the accuracy – ... criteria narrows down the list to models that fit ...
Breaking Biology Technology:ECC Signs a Contract for the Finance, Design, and Construction of a Premier Cancer Institute in Ibadan, Nigeria 2New approach to form non-equilibrium structures 2CorMedix, Inc. Granted Extension of NYSE-MKT Listing 2CorMedix, Inc. Granted Extension of NYSE-MKT Listing 3
... than a year after Chippewa Valley Technical College ... Administration has approved a $1.5 million grant to help ... ,The grant will cover part of the cost of ... create an estimated 650 jobs and generate $30 million ...
... Day birthing of new products, or simply the last rush to ... busy day for product news. In fact, two DEMO alumni - ... - are delivering significant new functionality to their faithful customers. ... smart phone. The newest member of the Treo family is based ...
... - By several measures, these should be heady days ... manufacturing jobs were lost, the economy is back, manufacturing revenue ... there is a sense of unease linked to withering competitive ... of what their American counterparts earn, where manufacturers have a ...
Cached Biology Technology:Two DEMO alumni make big product splashes 2Two DEMO alumni make big product splashes 3Manufacturers advised to redesign customer relations 2Manufacturers advised to redesign customer relations 3
... The Zero Blunt ... for Sequencing is designed ... sequencing of blunt-end PCR ... provides 5-minute TOPO Cloning ...
Recommend to use at 1000X dilutions for cell culture (e.g. Add 1 ul to 1 ml of culture medium.)...
Recombinant Human CCL21/6Ckine (Mucin Stalk Chimera)...
One-step, microplate or cuvet, colorimetric, detection range 0.78 ug/dL to 65 ug/dL Zn in serum, plasma, urine, saliva etc. Procedure: 10 min....
Biology Products: