Tag Archives: Terp Startup

Leveling the Playing Field for Cybersecurity with Terp Startup Dark Sonar

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 a stipend up to $5,000 that would enable them to work exclusively on their startups over eight weeks in the summer.

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Dark Sonar

Representing cybersecurity startup Dark Sonar in Terp Startup this summer is COO and co-founder Brian Freeman, a rising mechanical engineering junior at University of Maryland. He joined the founding team after CEO George Lee, a rising senior finance major, and CTO Simon Schlegel, a rising senior computer science major, began developing cybersecurity software that is both simple to integrate and affordable for businesses of all sizes. Dark Sonar’s competitors are primarily focused on fraudulent transactions for large corporations, and charge an appropriately large amount for the privilege. The founders of Dark Sonar are looking to focus on the needs of a target market that has been largely ignored by the cybersecurity industry—small and medium sized businesses. The customizable and adaptable subscription model of Dark Sonar will make it easier for any business, big or small, to combat identity fraud.

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Find Your Friends and Cool Events with Terp Startup Flee

This summer, the Dingman Center will be conducting interviews with the nine student startups who are participating in the Terp Startup summer incubator phase of our Fearless Founders accelerator program. Participating student entrepreneurs received a stipend up to $5,000 that would enable them to work exclusively on their startups over eight weeks in the summer.

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Flee

Didac Hormiga, a rising junior at University of Maryland, is the founder and CEO of Flee (Find Local Events and Entertainment), a location-based social media app that helps people find events and entertainment happening around them. As a marketing and information systems double-major with a minor in technology entrepreneurship and a knack for design (he designed the wireframes for the app himself), Didac’s diverse skillset is complemented by his CTO, Ian Sawyer, whom he met while interning at Talk Local. Together, they’re developing a platform with features such as video stories, discounts and transportation options that provide convenient benefits to both users and venues who partner with the app. Friends find cool events to attend together, venues gain access to an effective marketing channel, and everyone gets to have fun.

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Light Up Your Wardrobe with Terp Startup GlowGadget

This summer, the Dingman Center will be conducting interviews with the nine student startups who are participating in the Terp Startup summer incubator phase of our Fearless Founders accelerator program. Participating student entrepreneurs received a stipend up to $5,000 that would enable them to work exclusively on their startups over eight weeks in the summer.

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GlowGadget

The sole founder of GlowGadget, Shane Salta, is a computer engineer turned Smith School of Business MBA graduate who is looking to launch a line of t-shirts that feature smart LED lighting technology. The lighting on the prototype shirt is flexible and seamlessly integrated into the fabric of the shirt itself, in addition to being totally mesmerizing. Through connectivity with an app, the wearer has the ability to fully customize the appearance of the lights to produce colorful designs, patterns and animations. The shirt has exciting potential to dazzle at sports events, where wearers might synchronize a message to support their favorite team, or at a music festival, where the shirt could make wearers an attraction unto themselves. As both a tinkerer and an entrepreneur, Shane is passionate about producing a shirt that is both technologically superior and has mass market appeal.

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Get Stock Market Savvy with Terp Startup Senvision

This summer, the Dingman Center will be conducting interviews with the nine student startups who are participating in the Terp Startup summer incubator phase of our Fearless Founders accelerator program. Participating student entrepreneurs received a stipend up to $5,000 that would enable them to work exclusively on their startups over eight weeks in the summer.

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Senvision’s founders: Sanna Madan (CTO) and Christopher Look (CEO)

Senvision

Rising University of Maryland sophomores Christopher Look (CEO) and Sanna Madan (CTO) are the youngest founders in our Terp Startup incubator, but their spot is well-earned. Their venture, Senvision, uses a machine-learning algorithm that conducts sentiment analysis of companies on social media to track stock market movement. Their desired end-product will be a mobile app targeted to millennials to help them invest smarter through day-to-day trade, yielding higher returns. Competing apps tend to rely on a mutual fund strategy, which places the user in a more passive role and denies them the ability to effectively educate themselves about the stock market. The Dingman Center interviewed the founders about their startup, which they launched in their freshman year.

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Frozen Desserts Done Deliciously with Terp Startup FroDoh

This summer, the Dingman Center will be conducting interviews with the nine student startups who are participating in the Terp Startup summer incubator phase of our Fearless Founders accelerator program. Participating student entrepreneurs received a stipend up to $5,000 that would enable them to work exclusively on their startups over eight weeks in the summer.

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FroDoh’s founders, left to right: Diego Lyon (CTO), Holly Wilson (COO), Simon Amato (CEO), Alexandra Cimino (CMO)

FroDoh

The founders of FroDoh are passionate about shaking up the food industry with their premium frozen desserts. Available in three flavors, blueberry, banana nut and s’mores, FroDoh’s donut holes remain delicious even after freezing, making them ideal for a luxurious late-night snack. Friends Simon Amato, CEO and Holly Wilson, COO launched the company in their junior year at University of Maryland, later bringing in Alexandra (Al) Cimino, CMO and Diego Lyon, CTO. The Dingman Center was able to interview FroDoh’s recently graduated team members, Simon, Holly and Al, who have chosen to pursue their startup full-time.

Want to support FroDoh? Help them raise $20,000 on their Indiegogo campaign!

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Should an Entrepreneur Move to Silicon Valley?

by: David Potter, Co-Founder and CEO of Curu

Silicon Valley is constantly regarded as the ‘Innovation hub of the world’. With so many companies and successful startups headquartered in the area…. and even a TV show, it has become challenging to find someone who is oblivious to the reputation that Silicon Valley holds. For an entrepreneur, Silicon Valley could seem as New York did for immigrants—the land of opportunity. Due to the talent, funding, market reach and a history of performance, Silicon Valley to me seemed like a wonderland. This led me to believe the area was either over-glorified or truly the land of an innovator’s dream. This summer, I flew down there with my team to spend a month exploring the true environment of Silicon Valley.

CuruNew.pngI am David Potter, a junior Finance & Marketing student at the University of Maryland’s Robert H. Smith School of Business, and the CEO of Curu. Curu is an app that maximizes the user’s credit score with minimal effort on their end. This summer Curu was enrolled in the Dingman Center’s Terp Startup Accelerator where we received funding, mentorship, workspace and amazing support from a strong entrepreneurial network. Through Terp Startup we addressed critical areas of business development and set a stage for us to reach our market with a strong product. Following Terp Startup’s Demo Day, our team had our flights booked for the bay area with a mission to execute on Curu’s development to product launch.

In the land of entrepreneurial opportunity, it was hard to ignore that everything was so expensive. We lived in an Airbnb for the month (which was an RV) for $1,700. This was the cheapest deal we could find for our desired location in Redwood City, and considering prices for housing passed $5,000 we got a pretty good deal (although I think our bank accounts would disagree). Oh, and the 9% state tax didn’t help. We utilized the library and coffee shops as our primary workspace, free gym trials for working out and walked to the majority of our destinations. Thankfully our Airbnb was just a 10-minute walk from downtown, but all this goes to say, the area is expensive and planning ahead for travel, rent, food and a workspace is a necessity if you want to give all your focus to your entrepreneurial goals.

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A Preview of the Cupid’s Cup Startup Showcase

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Cupid’s Cup is tomorrow, and we’re all excited to watch UMD and Terp Startup alum Javazen compete for the prize of $100,000. But before the main event starts at 4 p.m., there is a wonderful opportunity to see some rising stars of the UMD startup community at the Cupid’s Cup Showcase at 2 p.m. Who knows, one day they may be competing in Cupid’s Cup themselves. Here’s a sneak peek of the impressive startups and their founders you can expect to see there:

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Startup Founder Inspires Unique Company Culture

 

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David Engle is the CEO and co-Founder of Demere.co, a a virtual clothing platform that allows users to upload photos of their garments and within 20 seconds – based on age, gender, weather, and personal style – Demere can predict the best outfit for the user to wear in addition to notifying them of what to purchase online to add to their current wardrobe, as well as while they are shopping in physical stores. Currently, the platform is in a private beta, which is one reason why David is participating in the the Dingman Center’s Terp Startup summer incubator program. Leading up to the full site launch in early fall, David and the Demere team are spending the summer collecting valuable user data to improve the platform. Continue reading

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Inspired By Spanish Art, Student Launches Street-wear Brand

As a college student, Jordan Greenwald didn’t know he would become an entrepreneur. It wasn’t until an eye-opening study abroad trip to Spain that he realized he was destined to run his own company.

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Terp Startup K. Sultana Creates Breathable Head Scarves For Muslim Women

Omar Goheer is on a mission to change the way Muslim women feel in a head scarf. His company, K.Sultana, was founded to solve the prevalent problem of discomfort from hot temperatures experienced by Muslim woman who wear the head scarf. These innovative scarves ventilate and provide comfort over the head and around the neck through the use of a unique blend of breathable and lightweight fabrics. The K. Sultana scarf can be worn over the head by women who wear the hijab or it can be used as the perfect fashion accessory for women who choose to not wear the hijab. K. Sultana also has a social impact component to the business, partnering with local homeless shelters to allow battered and abused Muslim women help sell the scarves in exchange for a sales commission.

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