Category Archives: Terps

Pitch Dingman Competition Semifinals Recap

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This past Thursday, we hosted our annual Pitch Dingman Competition Semifinals in the Frank Auditorium of Van Munching Hall. With the recent news that University of Maryland had risen to #8 in the country in undergraduate entrepreneurship education, it was no surprise to see the room filled with attendees enthusiastically cheering for this extraordinary group of student founders.

Chaired by generous donor and UMD alumnus Robert G. Hisaoka, this year’s Pitch Dingman Competition Semifinals was preceded by an announcement for the new Hisaoka Entrepreneurs program. As part of the program, each semifinalist team will receive mentoring, coaching and additional funding to accelerate their venture toward success.

With only 4 minutes to present and 2 minutes for Q&A from judges, the 10 semifinalists all pitched their businesses admirably, but in the end, the judges chose these six exemplary startups to advance to the Finals:

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5 Reasons the Dingman Center is Smith Proud

Smith Day is a new tradition that celebrates our strong community of Robert H. Smith School of Business students, faculty, staff and alumni. We are innovative, collaborative and driven. We support and empower each other. We are truly proud to be Smith Terps. To celebrate the inaugural Smith Day, we at the Dingman Center would like to share what makes us #UMDSmithProud.

Our Diverse Community

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The University of Maryland, College Park campus is one of the most diverse in the nation, and the Smith School is no exception. The student entrepreneurs we see come through the Center come from a variety of backgrounds and circumstances, and the diversity of ideas we hear daily reflects that. It is truly exciting to meet students with wildly differing perspectives and stories, but who are all looking to explore entrepreneurship.

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Announcing the 2017 Pitch Dingman Competition Semifinalists

PDC Semifinalists

We are pleased to announce the 10 semifinalists of Pitch Dingman Competition, whose founders will make up the inaugural cohort of Hisaoka Entrepreneurs. These entrepreneurs will receive mentoring and coaching to help them further accelerate their businesses, whether or not they make the cut for Pitch Dingman Competition Finals.

Register now to cheer these students on at the Pitch Dingman Competition Semifinals on November 16 at 6 p.m. in Frank Auditorium, VMH!

Here are the 10 semifinalist startups and their founders:

Basereach – Dan Bogachek
Basereach sends personalized handwritten cards in your own handwriting to better connect with and thank your customers.

BEEQBOX – Brianna Queen
BEEQBOX provides vegan and cruelty-free illuminating cosmetic products with a branded feminist twist.

Dark Sonar Technologies, LLC – George Lee, Simon Schlegel
Dark Sonar is a cybersecurity company that prevents synthetic identity fraud on websites and mobile apps for small and medium sized businesses.

Emprology – Sydney Parker
Emprology, LLC is a digital brand consultancy and content creation shop that works to build influential personal brands for black women.

Flee – Didac Hormiga
Flee is a location-based social media app that helps people find local events and entertainment.

Manta Technologies – Daniel Diazdelcastillo
The MANTA vessel efficiently eliminates water debris to save millions of sea life from water pollution.

MPLEX VR – Stephen Walsh, Mikhail Sorokin, Galen Stetsyuk
MPLEX is a virtual reality (VR) video game company creating a competitive, multiplayer game with the depth, variety, and personalization worth getting a VR headset for.

Ötzi – Shyon Parsadoust, Nick Sarfaraz
A Tinder-like platform for tattoo artists and their customers to better connect with one another before the inking process begins.

Senvision – Chris Look, Sanna Madan
Senvision’s algorithm performs global sentiment analysis on social media to predict stock market movement.

Symbiont Health – Erich Meissner, Maria Chen, Kyle Liu
Symbiont Health has developed wearable, automated fall detection devices for seniors.

Terp Marketplace Brings Homecoming Festivities to the Smith School

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By: Eric Elliot

Fall is here and the entrepreneurial spirit is in the air! To celebrate homecoming weekend at the Smith School, the Dingman Center for Entrepreneurship hosted Terp Marketplace on Friday; student entrepreneurs set up their businesses and sold their products and services directly to students, staff, faculty and alumni who were participating in the festivities. We had a fantastic turnout of entrepreneurs who were eager to test the market and get feedback on their businesses. Below is the list of students that participated in the event. Thank you to everyone who came out and supported these student entrepreneurs, and we’re already looking forward to the next Terp Marketplace in spring!

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What’s Coming Up at the Dingman Center

There are plenty of exciting events happening at and around the Dingman Center for Entrepreneurship. Get out your calendars and mark down these dates—we’ll see you there!

October:

Pitch Dingman Competition Applications
Monday, September 18 to Thursday, October 19

Pitch Dingman Competition is the University of Maryland’s only business competition exclusively for Terps. Held annually, students can compete for $30,000 in startup funding. Student entrepreneurs should apply at go.umd.edu/pitchcompetition.

Dingman Jumpstart
Friday, October 6, 12-3 p.m. | 1505 Van Munching Hall

Dingman Jumpstart is open to all University of Maryland students who have a startup idea, but lack a business framework with which to operate. This pivotal workshop is a 3 hour crash-course in business models, financials, understanding your competition, and much more. Set your business up for success, and apply now at go.umd.edu/jumpstart!

spark: Where Fearless Ideas Start by the Dingman Center & Startup Shell
Friday & Saturday, October 20 – 21 | Pownall Atrium, Van Munching Hall

spark: Where Fearless Ideas Start is a two-day ideation event featuring brainstorming activities that encourage students to find solutions to problems they want to solve. spark provides students who are interested in entrepreneurship but haven’t yet founded a venture with a means to discover and explore how their passions can translate into business ideas. Register at go.umd.edu/spark

Friday, October 20, 5-9 p.m.
What Problem Do You Want To Solve?

On Friday night, under the direction of Professor Oliver Schlake students will brainstorm with their peers about problems they would like to solve. By the end of the night, they will join a team and begin collaborating to come up with ideas for solutions to their chosen problems.

Saturday, October 21, 10 a.m. – 5 p.m.
How Will You Solve It?

On Saturday, students will attend a series of workshops and work with mentors to fine-tune their idea and ultimately present their results at a Show and Tell, where judges will pick winners to take home prizes.

Terp Marketplace
Friday, October 27, 12-2 p.m. | Pownall Atrium, Van Munching Hall

(Terp Marketplace)dsc_0062blogTerp Marketplace is an opportunity for student entrepreneurs to sell or showcase their products and gather feedback from the Smith community. There’s no better way to test your product on the open market than going out there and selling what you have, even if it isn’t perfect! Participation is free and is open to all current UMD students. Sign up for a table at go.umd.edu/terpmarketplace!

November:

Ladies First Fall Dinner
Wednesday, November 8, 6 p.m. | 2517 Van Munching Hall

(Ladies First)DSC_0016Ladies First is the Dingman Center’s initiative to get more women involved in entrepreneurship at UMD. Female students are invited to attend the second annual Ladies First dinner and learn more about upcoming Ladies First programs and events for the 2017-2018 academic year.

Pitch Dingman Competition Semifinals
Thursday, November 16, 6:00PM | Frank Auditorium

featuredphotoAt Pitch Dingman Competition Semifinals, 10 student startups will pitch their businesses to judges to win a spot at the Finals in the spring. At the end, five startup teams will move on to compete for a shot at the $15,000 grand prize! Come cheer on your fellow Terps and learn more about the Pitch Dingman Competition at go.umd.edu/pitchcompetition!

Pitch Dingman Competition Finals Rundown

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The Pitch Dingman Competition Finals were on Tuesday, March 7 and as promised the Dingman Center and our partners gave away more than $30,000 in startup funding! Here’s the breakdown:

The David & Robyn Quattrone Grand Prize – $15,000
Curu, David Potter & Abb Kapoor

Second Place Prize – $7,500
CourseHunter, Aaron Bloch, Benjamin Khakshoor

Third Place Prize – $3,500
Gravity LLC, Richard Kong

Audience Choice Prize – $1,500
Curu, David Potter & Abb Kapoor

Runners Up
Grumpy Joes, Gary Hwang
POSH, Nathalyn Nunoo

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CourseHunter: The Answer to Frustrating College Registration Systems

by: Megan McPherson

This summer, the Dingman Center will be conducting interviews with the eight student startups who are participating in the Terp Startup summer incubator phase of our Fearless Founders accelerator program. Participating student entrepreneurs received $3,500 stipends that would enable them to work exclusively on their startups over six weeks in the summer.

Every college student is familiar with how maddening registering for classes can be, especially when you don’t have the luxury of first dibs. Freshmen in particular are assigned a lower priority, so if you can’t manage to get into a class you need—even if it’s for your intended major—you are faced with having to reexamine your entire four year plan. The co-founder of CourseHunter, Benjamin Khakshoor, encountered just this dilemma when he was turned away from an essential introductory Computer Science class in his first semester at University of Maryland. Instead of giving up on the class, Benjamin wrote a program that would analyze UMD’s registration system, Testudo, and notify him when the class had an empty seat. It worked. After he told friends what happened, he received a surge of requests for help getting into classes.CourseHunterLogo

Enter Benjamin’s roommate and fellow Computer Science major, Aaron Bloch. Seeing a business opportunity, Aaron created a Facebook page to monitor incoming requests to use the program. The program’s appeal to students is understandable, according to Aaron, “We’ve gotten people ahead of 150 person waitlists.” Through word of mouth alone, the demand quickly became overwhelming, so they decided to automate: they built their own website for the program, and thus CourseHunter 1.0 was born.

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Congratulations to the 2016 Student Entrepreneur Grant Winners

Each year, the Dingman Center sees many aspiring student entrepreneurs pass through its doors. Students that participate in our Fearless Founders accelerator program and Dingman Fridays advising hours have an opportunity to grow their companies at a rapid rate, but as with anything, willpower prevails. To those students who have shown a particularly strong level of dedication and commitment to their entrepreneurial endeavors, we are able to award seed funding through our Capital One and Venture Well sponsored grants:

Capital One Grant:CapitalOne_Logo_06_02_14

For several years, Capital One has been an
ever-loyal supporter and sponsor of student entrepreneurs. With our Capital One MVP grants of $500 and our larger grants of $2,500 for those who have completed the Hatch course in Fearless Founders, recipients are enabled to take their business ideas to a new level of growth and possibility.

This year’s winners are:

Capital One MVP
Teddy Li, Tixel Labs – a data analytics company that aims to provide smarter inventory management for restaurants
Carlouie Nievera, Carlouie & Company – a retro fashion line inspired by the ’90s looks of Saved by the Bell and Fresh Prince of Bell Air
David Potter, Abb Kapoor and Giorgi Managadze, Curu – an app that provides tools and tricks for smarter credit management
Thomas Rivas-Siles, Vendoo – an app that allows online sellers to access multiple marketplaces from one convenient location
Davit Sargsyan, Sunset Sangria – an American-produced sangria company and lifestyle brand
Victoria Tataw, Nails by Tataw – a vegan, 5-free and cruelty-free nail polish brand
Oru Wonodi , NOVA Prints & Apparel – a globally conscious fashion line with a mission to supply aid to individuals in developing countries

Capital One Grant: Hatch
Dustin Ecton, TapTimeTV – a customizable entertainment and advertising channel for bars and restaurants
Sumanth Jinagouda, SpotThis – a fashion discovery service that helps you find outfits based on images you can upload

Capital One Grant: Idea Shell
Danielle Karpa – a mobile app that provides incentives for better driving practices
Nathalyn Nunoo, William Kwao, Elania Tait, and Saron Bizuayehu, POSH – a beauty and makeup consultation service

VentureWell Grant:VentureWell_logo_stacked

VentureWell is a higher education network that cultivates revolutionary ideas and promising inventions. Their grants of $500 each are given to students with promising startup ideas who have shown outstanding commitment to furthering their business.

This year’s winners are:

Saron Asfaw, East Habesha – an online clothing store and cultural destination for East African wares
Philemon Masewal, Q – an app that allows you to pay a fee to reserve a bar seat during peak hours
Shyon Parsadoust, RollaWire – a wireless headphone alternative to unreliable bluetooth options
Aaron Pludwinski, Kanvasroom – an online platform for creatives across industries to collaborate on projects

Congratulations on your hard work, everyone!

Learn more about the Fearless Founders program on the Dingman Center website.

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Celebrating the 2nd Annual Rudy Awards

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More than 100 entrepreneurs, advisers, investors, students and alumni gathered on May 5, 2016 for our second annual Rudy Awards ceremony. This year’s Awards were especially meaningful, as they marked the 30th anniversary of the Dingman Center and its community. Prime movers in the history of the Center were in attendance, including founding donor Michael Dingman and his family, along with first director Charlie Heller and former director Asher Epstein. Under their lasting influence, the Dingman Center network has grown many new branches. The Rudy Awards are not only a way to honor members of each branch, but to allow the entire Dingman center community to celebrate with each other, united in their passion for entrepreneurship. Congratulations to the following award winners.

2016 Rudy Awards Winners

Research Honors

Yang Pan PhD ’17 – Winner
Yuan Shi PhD ’18 – Winner

Faculty Award

David Kressler Winner
Joseph Bailey
Evan Starr

Mentor of the Year

Polly Vail – Winner
Drew Bewick ’88
Paul Capriolo ’06
Bob London ’83
Rashad Moore

Angel Investor of the Year

Bill Boyle ’81 – Winner
Hilton Augustine
Joshua Goldberg
Vadim Polikov

Alumni Entrepreneur of the Year

Ali von Paris ’12, Route One ApparelWinner
Eric Golman ’15, Javazen
Matt Furstenburg ’11, Grip Boost
Evan Lutz ’14, Hungry Harvest
Manpreet Singh ’03, TalkLocal

Social Entrepreneur of the Year

Alexis Carson ’16, Cocoa Queens Winner
Nadia Laniyan ’16, Cocoa Queens Winner
Robin Chiddo ’06, Love Blanket Project
Anastasiia Polyakov ’17, Annie’s Children
Oru Wonodi ’18, NOVA Prints and Apparel

Student Entrepreneur of the Year

Sam Feldman ’16, Cardbuddy Winner
Damar Bess ’18, Nonich
Taylor Johnson ’16, VentureStorm
Tommy Johnson ’16, VentureStorm
Ryan Pillai ’17, WeCook
Daniel Stern ’16, Route One Ventures

6 things we learned at Do Good Challenge Finals

By: Megan McPherson

The positive energy at last night’s Do Good Challenge was palpable. From the showcase to the finalist pitches to the panel of past Do Good competitors, it was clear that every person  there was united by a passion for driving social change. Do Good delivered not only excellent pitches but also an informative platform for discussing the unique challenges and rewards of social entrepreneurship. Here are some takeaways:

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