University Startups (USU) announced today the expansion of the Equity Incubator program hosted by the Universities at Shady Grove. The groups of aspiring women and minority entrepreneurs have learned how to take their business idea from concept to launch in the 8-week program, one of the biggest inclusive incubators on the East Coast.
“I started my business, Principally Yours, just 2 weeks before the class started. The amount of knowledge I have gained about starting my own business in this short amount of time just amazes me,” says Gay Melnick.
Through the University Startups programs, students will be taught how to develop their business ideas utilizing an entrepreneurial mindset, record their progress through video pitches and connect with customers to adapt their original ideas and form them into products ready for the market.
COME TO THE PITCH COMPETITION- DEC. 8th
The Final Pitch Competition will be on December 8th from 6-7:30pm at the Universities at Shady Grove. Five teams have been selected to pitch their business ideas to a panel of judges. The top five teams selected include business ideas like the Nanobio Fab- a nanotech-based healthcare company which would make wearable smart devices for detecting infections and enabling treatment. Another new idea from the incubator is WISE Cities - a platform that uses tools to connect older adults to community resources utilizing senior centers and government resources. There is also the Koho App- this app takes the users taste palette into account and provides personalized, ethnic recipes from over 50 cultures. The idea with the Koho App is that it makes cooking fun and personalized. The top teams will present their ideas for a variety of awards in the form of cash prizes.
"The Equity Incubator at USG is an opportunity for aspiring women and minority entrepreneurs enrolled in programs at USG or living in Montgomery County to hone and develop solutions to problems through entrepreneurial skills. We are excited for the partnership with University Startups to bring this program to life, and we are excited for the impact all participants will have on strengthening equity and the economy of Montgomery County." Anne Khademian Director USG.
About University Startups: Founded in 2020, University Startups is committed to creating opportunities for students and lifelong learners to expand their worlds beyond a traditional curriculum. The organization empowers students by fostering an entrepreneurial mindset, which helps students to think creatively and find ways to translate their passions into real-world experiences. Whether students want to start a business, attend college, or find a job, University Startups uses proprietary instructional courses and groundbreaking technologies to get them there. All classes are designed by expert instructors from top-tier universities. For more information on University Startups programs, please contact Marc Steren at msteren@university-startups.com.
About the Universities at Shady Grove: Established in 2000, The Universities at Shady Grove (USG) offers select degree programs from nine public Maryland universities on one convenient campus in Montgomery County USG's innovative and pioneering partnership approach to higher education is designed to connect local college students to outstanding career opportunities, while providing regional employers with a highly educated, skilled workforce. Only the upper-level undergraduate and graduate courses are offered on the USG campus, fostering a supportive environment of students focused on completing their degrees and advancing their careers.
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