(Nov. 19, 2009)--UTSA business and engineering students are competing today for $100,000 in business-related services and prizes at San Antonio's largest business planning competition, the UTSA 100K Student Technology Venture Competition. Hosted by the UTSA Center for Innovation and Technology Entrepreneurship (CITE), the biannual event promotes entrepreneurship by pairing engineering students who create viable new technologies with business students who create business plans to market the technologies through a viable start-up.
Six teams of UTSA business and engineering students are competing in this year's event. Their companies represent a variety of new technologies with applications in transportation, health, fire safety and mining. The teams will be judged by local academic, business and entrepreneurial experts on their business plans, new technology and presentations. At the close of the daylong competition, some of the winning teams will have the opportunity to sell their companies.
"To our knowledge, this is the largest new business competition in San Antonio," said Cory Hallam, CITE director. "Since our first competition two years ago, the business community has really stepped up to help our students launch their companies. With the help of our sponsors, we're now offering students $100,000 in services and prizes including consulting services, marketing services, office space and other benefits."
The competition is sponsored by the Texas Research Technology Foundation, Cox|Smith, Harvard Business School Club of San Antonio and San Antonio Technology Center. UTSA established the competition when faculty observed that UTSA engineering students were developing new technologies and business students were writing business plans, but neither group of students was doing anything with their efforts beyond turning in projects for a grade. With the competition in place, UTSA students now are developing marketable technologies and forming viable new companies based on those technologies, all before they graduate.
"The tech start-up competition is a great experience for our students," said Hallam. "The format gives them a chance to experience what it's like to be an entrepreneur -- before they graduate and before they have mortgages or bills to worry about."
About the competitors
State Rep. Diego Bernal presents a Q&A panel discussion with MALDEF, RAICES and DMCA Immigration Law Firm about DACA and the current state of affairs for Dreamers. Opening remarks by Congressman Joaquin Castro and Congressman Lloyd Doggett.
Buena Vista Building, Aula Canaria Auditorium (BVB 1.328), Downtown Campus
Come out and enjoy breakfast and beverages at the Official UTSA Tailgate in Albuquerque as our Roadrunners take on the New Mexico Lobos at the Gildan New Mexico Bowl. The official UTSA tailgate will be located in Fan Fest in the University Stadium Parking Lot, Stadium East.
University Stadium parking lot, Albuquerque, NM
Graduates from the College of Architecture, Construction and Planning, College of Business, College of Education and Human Development and the College of Public Policy will participate in the first commencement ceremony. President Romo will deliver the keynote address.
Graduates from the College of Engineering, College of Liberal and Fine Arts, College of Sciences and University College will participate in the second commencement ceremony. President Romo will deliver the keynote address.
All UTSA students, faculty and staff are invited to march with UTSA in the 30th annual MLK March. There will be a FREE shuttle from the UTSA Main Campus. Pick up in front of the Convocation Center at 8:30 a.m. Depart from UTSA at 9 a.m. Buses return to UTSA at 1 p.m
Convocation Center, Main Campus
UTSA's Department of Music hosts Dr. David Huron from Ohio State University as part of the Donald Hodges lecture series. Huron is a Canadian arts and humanities distinguished professor at Ohio State University.
John Peace Library, UTSA Faculty Center, (JPL 4.04.22), Main Campus
The Student Center for Community Engagement and Inclusion annually hosts a Volunteer Opportunities Fair to allow students, faculty and staff to learn about volunteer and service-learning opportunities in the San Antonio area.
University Center, 1st floor corridor, Main Campus
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