(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
The Office of International Programs will host a Study Abroad Fair for students interested in taking their academics abroad.
University Center main corridor, Main Campus
The UTSA Institute for P-20 Initiatives and the Texas Mentoring Partnership hosts the 5th Annual Texas Mentoring Summit. The theme Mentoring: A Pathway To and Through College & Career will focus on the positive impact mentoring can have on student success from k-12 through college and beyond.
Wyndham Riverwalk Hotel, Downtown San Antonio
The UTSA Department of Physics and Astronomy invites everyone to its monthly lecture and stargazing at the Curtis Vaughan Jr. Observatory.
Flawn Science Building (FLN 2.02.02), Main Campus
The UTSA Music Department presents Miller-Porfiris Duo (violin/viola) in a performance of period appropriate music as accompaniment to the silent films, "The Great Train Robbery," "The Violinmaker of Cremona," and "Ballet Mecanique."
Arts Building, Recital Hall (ARTS 2.03.02), Main Campus
The CACP 2016-2017 Speaker Series continues with architect and writer Jason Griffiths of the University of Arizona and Jason Griffiths Architecture. His practice is based on a multidisciplinary approach.
Buena Vista Building, Aula Canaria Auditorium (BVB 1.328), Downtown 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 UTSA community is encouraged to donate blood and save a life. Donors will also receive a free t-shirt.
H-E-B University Center parking lot, Main Campus
Dr. Stephanie Westney (violin) presents a concert of Mozart compositions as performed by herself and other talented musicians from the university and surrounding area. This concert is free and open to the public.
Arts Building, Recital Hall (ARTS 2.03.02), 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
Join the conversation about the experiences of military-connected families in transition. Free parking in the Cattleman Square (along Buena Vista Street). The event is free and open to the public.
Frio Street Building, Riklin Auditorium (FS 1.406), Downtown Campus
School district superintendents and other district leaders responsible for bilingual and ESL programs' administration and accountability learn about cultural literacy, language, and diversity in the community.
Recruiters from across the STEM fields will be present with full-time, part-time and/or internship opportunities. Dress professional and bring plenty of resumes.
Convocation Center, Main Campus
The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world.
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