(Dec. 13, 2011) -- UTSA business and engineering students responsible for developing and marketing a high-efficiency, low-emission internal combustion engine took first place Dec. 3 at the $100,000 Student Technology Venture Competition at the UTSA Downtown Campus.
Organized by the UTSA Center for Innovation and Technology Entrepreneurship (CITE), the high-tech business-planning competition offers UTSA engineering and business students the chance to test their entrepreneurial skills by launching new companies. They also receive coaching from the Venture Mentor Network organized by the Harvard Business Club of San Antonio.
The winning team, Logicorp, included undergraduate engineering majors Chris Noriega, Deezy Loving and Jeff Lujan and undergraduate business majors Stephen Gonzalez, Albert Casillas and Don Huynh.
UTSA start-up teams Auto Turn and AutoView took second and third place in the competition, respectively. Auto Turn developed and marketed an electronic page-turner for musicians. AutoView developed and marketed visual recognition control software and an application to help drivers find parking spaces in busy lots using their smart phones. The three winning teams will split more than $100,000 in cash and prizes.
Additional competitors included entrepreneurs UmberMech, which offered a motorized umbrella for electric wheelchairs; Mbrace, which offered a wireless theft-prevention device for iPads, cell phones and laptops; Tommy, which offered a robot with built-in GPS and a camera for use in land surveys; and Rod Mount, which offered an integrated mount for telescopes.
UTSA's biannual $100,000 Student Technology Venture Competition 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 start-up. The event is sponsored by the Texas Research & Technology Foundation, Cox | Smith, the Harvard Business School Club of San Antonio, San Antonio Technology Center, the UTSA College of Business, the UTSA College of Engineering and the UTSA Office of the Vice President for Research.
The competition was established by CITE, when it was noted that UTSA engineering students were developing new technologies and business students were writing business plans, but neither group cultivated projects together with the intention of going to market. With the competition, UTSA students now are developing before they graduate these marketable technologies and launching viable new companies based on those technologies.
Judges at the competition included Nancy Kudla, founder and former president and CEO of dNovus RDI; Ann Bohl Deacon, founder and CEO Deacon Recruiting; Teryn Grater of Teryn Grater, ATKG CPAs LLP; Lorenzo Gomez, III of Weston Properties (Rackspace/Geekdom); Rudy W. De La Garza, CFO of Idea Finishing School Inc.; Kristopher Hochart, broker-owner of Red Wagon Realty and Derrick Pizarro, attorney at Cox | Smith.
The Center for Innovate and Technology Entrepreneurship (CITE) is an interdisciplinary center in the UTSA College of Business and College of Engineering. The center fosters the growth of entrepreneurs and new technology-based ventures through education, experiences, resources and support. Faculty involved in the $100,000 Tech Competition includes Gus Allow, Anita Leffel and Jim Johnson.
This event showcases innovative student projects and research performed across multiple disciplines including engineering, science and business.
H-E-B University Center Ballroom (HUC 1.104), Main Campus
President Taylor Eighmy is inviting all UTSA students to "Pizza With The Prez." Come grab a slice of pizza and take the opportunity to introduce yourself to the President. Pizza while supplies last.
Sombrilla, Main Campus
The UTSA Center for the Inquiry of Transformative Literacies sponsors this free event that's open to the public.
Buena Vista Street Building (BVB 1.338), Downtown Campus
The UTSA Student Goverment Association Student Sustainability Committee will host a Sustainability Exhibit for students, faculty and staff to visit and learn more about green living.
UTSA Central Plaza, Main Campus
Enjoy winter holidays from around the world plus performances, free food and lighting of the Paseo.
University Center Paseo, Main Campus
After UTSA class rings spend the night in the Alamo, Roadrunners will receive their special keepsake with fellow Roadrunners during this one of a kind ceremony.
H-E-B University Center Ballroom (HUC 1.104), Main Campus
The annual holiday concert series, Winterlude concludes with the concert featuring the bands. Ron Ellis and John Zarco direct the ensembles in secular and sacred holiday favorites.
Arts Building Recital Hall (ART 2.03.02), Main Campus
This ceremony honors graduates from the College of Business, College of Engineering, the College of Public Policy and College of Sciences. U.S. Representative Joaquin Castro will deliver the keynote address.
Alamodome. 100 Montana St., Downtown San Antonio
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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