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UTSA students compete for $100K in prizes in tech venture competition

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(April 21, 2010)--UTSA business and engineering students will compete for $100,000 in business-related services and prizes at San Antonio's largest business planning competition, the UTSA $100,000 Student Technology Venture Competition. The competition will be from 1 to 3 p.m., Saturday, April 24 in Buena Vista Street Building Room 1.326 at the UTSA Downtown Campus. The event is free and open to the public.

The biannual competition, hosted by the UTSA Center for Innovation and Technology Entrepreneurship (CITE), promotes student entrepreneurship by pairing engineering students who create viable new technologies with business students who create business plans to market those technologies through a viable start-up.

Ten teams of UTSA business and engineering students are competing in this year's contest. Their companies represent a variety of new technologies with applications in renewable energy, smart electronic devices, healthcare and transportation. The teams will be judged by local academic, business and entrepreneurial experts on their business plans, new technology and the team's presentation. At the close of the daylong competition, some of the winning teams will have the opportunity to start and sell their companies.

"To our knowledge, this is the largest undergraduate new-business competition in Texas, and the only competition of its kind in San Antonio," said Cory Hallam, CITE director. "Since our first competition three 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 prizes including consulting services, marketing services, office space, intellectual property protection and other benefits."

The competition is sponsored by the Texas Research Technology Foundation, Cox Smith Attorneys, Harvard Business School Club of San Antonio and San Antonio Technology Center.

"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 -- and adding this context to their education is what differentiates them and UTSA as a premier university."

CITE is an interdisciplinary center in the UTSA College of Business and the College of Engineering. The center focuses on fostering the growth of entrepreneurs and new technology-based ventures through a process of education, experiences, resources and support.



Dec. 1, 9 a.m.

CITE Venture Competition & Exposition

The annual Center for Innovation, Technology and Entrepreneurship (CITE) 100K Venture Competition and Exposition will be held on the Main Campus on Dec. 1. Twenty-eight teams from across the university will exhibit their project; six teams will compete for a prize pool of more than $100,000 in funding to launch their new venture / company. More than 650 students have participated in launching new technology ventures.
Biotechnology, Sciences and Engineering (BSE 2.102), Main Campus

Dec. 3, 5:30 p.m.

UTSA Downtown String Project Winter Concert

This concert features 50 community children performing music in the UTSA Downtown String Project Winter Concert. The children, led by UTSA music students studying to be music teachers, will join together in playing the Theme from Batman at their concert. The Batman of San Antonio, a local celebrity figure, will make an appearance at the concert. This event is free.
Buena Vista Theatre, Downtown Campus

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Did You Know?

UTSA writes the book on all-digital libraries

As touch screens and e-books demand more and more attention from both casual readers and scholars, many people say the handwriting is on the wall for the printed page.

At UTSA, the handwriting is on the wall for a library that doesn't have any printed books.

Since March 2010, the bookless library in the Applied Engineering and Technology Building has given UTSA students an innovative way to read, research and work with each other to solve problems.

With ultra-modern furniture and a décor featuring desktop computers, scanners and LCD screens, the AET Library is designed to engage students in an online format. But it also offers group study niches and study rooms with whiteboards and glass walls on which students can write. The space encourages teamwork, communications and problem solving for the next generation of scientists and professional engineers.

Did you know? The UTSA AET Library is the nation's first completely bookless library on a college or university campus. It served as a model for Bexar County's first-in-the-nation public bookless library system and one of its branches, the Dr. Ricardo Romo BiblioTech.

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