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

0

GOOD

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:5/22/2013)... pollinating insects and wild plants have slowed in recent ... by the University of Leeds and the Naturalis Biodiversity ... reductions in the diversity of species in Britain, Belgium ... But the picture brightened markedly after 1990, with a ... hoverflies and wild plants. , Professor Bill ...
(Date:5/21/2013)... Using a "patient monitoring" device attached to a whale ... time how fishing lines changed a whale,s diving and ... whales, ability to eat and migrate, depletes their energy ... can result in a slow death. , The scientists ... a Dtag to a two-year-old female North Atlantic right ...
(Date:5/21/2013)... body, stem cells in the blood often jump ... immune cells that can fight off illness. But ... populations, potentially leading to the development of serious ... of researchers led by biologists at the California ... mouse models, the molecule microRNA-146a (miR-146a) acts as ...
Breaking Biology News(10 mins):Encouraging signs for bee biodiversity 2Encouraging signs for bee biodiversity 3Study reveals how fishing gear can cause slow death of whales 2Study reveals how fishing gear can cause slow death of whales 3Keeping stem cells strong 2
... special mechanisms that delay ageing provide exceptionally good health. ... colony-forming ascidians (or sea squirts) can activate the enzyme ... also in humans who attain an advanced age. , ... individual,s body is passes on to the next generations, ...
... Fla., April 20, 2011 After 30 years with ... announces his retirement. Perrott served in ... in 1991. Under his tenure, Chip Supply grew into ... well as a leading global provider of high reliability ...
... fulfill a range of diversified functions. Often such specialization ... places within a cell. It ensures that particular functions ... intracellular asymmetry in the otherwise fluid environment of the ... represent an especially important type of freight. They are ...
Cached Biology News:Marine organisms with eternal life can solve the riddle of aging 2How molecules get to the right place at the right time 2How molecules get to the right place at the right time 3
(Date:5/22/2013)... MN (PRWEB) May 22, 2013 ... Medical Supplies Pty Ltd are pleased to announce ... is the Australian and New Zealand distributor of DrugCheck® ... V8 Supercar Team participated in the Austin 400 May ... entered into an agreement that involves each car of ...
(Date:5/22/2013)... West Chester, PA (PRWEB) May 22, 2013 ... the company as Fermentation Manager. Mr. McErlean has ... a variety of leadership positions throughout his career. ... stated, “We are very pleased to have Mike join ... our newly installed large scale fermentation and ...
(Date:5/22/2013)... The ability to sequence genomes ... they encode. There are now a suite of ... ribosome protected fragments) that dramatically expand our ability ... include Dr. Jonathan Weissman, an Investigator with the ... Medical Institute, who will present recent applications of ...
(Date:5/21/2013)... , May 22, 2013 ... drug-only formulation of glycopyrronium bromide designed using Prosonix, particle ... company developing a portfolio of inhaled Respiratory Medicines ... study with PSX1002 that will assess its effect on ... doses in patients with moderate to severe chronic obstructive ...
Breaking Biology Technology:Australian Distributor of Express Diagnostics Signs Sponsorship Agreement with V8 Supercar Team 2Envera Appoints Michael McErlean Fermentation Manager 2Monitoring Protein Synthesis One Codon at a Time Through Ribosome Profiling, a Webinar Hosted by Xtalks 2Prosonix Initiates Phase 2 Clinical Study with PSX1002 in Patients with Moderate to Severe Chronic Obstructive Pulmonary Disease (COPD) 2Prosonix Initiates Phase 2 Clinical Study with PSX1002 in Patients with Moderate to Severe Chronic Obstructive Pulmonary Disease (COPD) 3Prosonix Initiates Phase 2 Clinical Study with PSX1002 in Patients with Moderate to Severe Chronic Obstructive Pulmonary Disease (COPD) 4
... a study to be published in the April 21st issue ... of Engineering and Applied Science report their findings that the ... affected the entire circulation of the Southern Hemisphere all the ... the ozone hole is changing the atmospheric flow in the ...
... FRAZER, Pa., April 21, 2011 Cephalon, Inc. (NASDAQ: ... filed a definitive Consent Revocation Statement with the Securities ... Pharmaceuticals International Inc.,s proposals to remove Cephalon,s entire Board ... Valeant.  Cephalon also mailed copies of the Statement to ...
... NEW YORK, April 21, 2011 Collins Stewart LLC ... healthcare investment banking alliance with Beal Advisors and Liberty ... target, originate and execute public and private equity transactions ... Tree Advisors are US-based boutique healthcare advisory firms. Georgia ...
Cached Biology Technology:Columbia engineering study links ozone hole to climate change all the way to the equator 2Columbia engineering study links ozone hole to climate change all the way to the equator 3Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 2Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 3Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 4Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 5Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 6Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 7Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 8Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 9Cephalon Files Definitive Consent Revocation Statement, Commences Mailing to Shareholders 10Collins Stewart Announces Formation of Healthcare Investment Banking Alliance 2Collins Stewart Announces Formation of Healthcare Investment Banking Alliance 3
Human peripheral blood CD19+ B cells, For immunohistochemistry (IHC) Cell Chip with Human Peripheral Blood Monocytes, B Cells, NK Cells and Stem Cells...
Umbilical cord blood mononuclear cells, For immunohistochemistry (IHC) Cell Chip with Human Umbilical Cord Blood MNCs and T Cells...
Human plasmacytoid dendritic cells, BDCA-4+, For immunohistochemistry (IHC) Cell Chip with Human Peripheral Blood Dendritic Cells and EPCs...
Umbilical cord blood basophils, For immunohistochemistry (IHC)...
Biology Products: