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UTSA undergrads contend for $100K at Dec. 1 tech venture competition

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(Nov. 29, 2012) -- Six UTSA teams comprised of business and engineering students will compete for $100,000 in cash and business-related services at the $100,000 Student Technology Venture Competition hosted Dec. 1 by the UTSA Center for Innovation and Technology Entrepreneurship (CITE). Competitors will be scored on the viability of their proprietary new technologies and the business plans they developed to market those technologies.

>> The UTSA $100,000 Student Technology Venture Competition will be 9 a.m.-3 p.m., Saturday, Dec. 1 in McKinney Humanities Building Room 2.01.10 on the UTSA Main Campus. The event is free and open to the public from 9 a.m. to noon.

Held semi-annually, the UTSA competition offers the largest award of all undergraduate business-planning competitions in the nation. The competitors will offer new technologies poised to enhance the health care, fitness, safety, manufacturing and retail industries.

"This tech start-up competition is just one of the incredible opportunities that UTSA's entrepreneurial students have that show them how they can turn their ideas into real products on the market," said Cory Hallam, CITE director. "It is an exciting thing to be able to showcase and foster the work of our future industry leaders."

Members of the Harvard Business School Club of San Antonio have mentored the teams, which will be judged by local academic, business and entrepreneurial experts on their technology, business plan and presentation. At the close of the daylong competition, the winning teams will have the opportunity to pitch their companies to potential investors. In addition to a cash prize, the winning teams will receive consulting services, marketing services, office space and other benefits to support them in getting their projects off the ground.

The UTSA $100,000 New Technology Venture Competition is sponsored by the Texas Research and Technology Foundation, Cox | Smith, Harvard Business School Club of San Antonio, San Antonio Technology Center, Startech, Rackspace Hosting, UTSA College of Business and UTSA College of Engineering.

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

 

 

Did You Know?

UTSA makes the grade with a strong core curriculum

UTSA prides itself on giving students a well-rounded education. Combining a top-tier academic program with opportunities for personal growth prepares students to compete in a global economy. And that's not all. They learn to be informed and engaged citizens as well. At the heart of that academic program is an award-winning core curriculum.

For four consecutive years, UTSA has received an A-rating from the American Council of Trustees and Alumni for the caliber of its core curriculum. According to ACTA, UTSA requires its students to take six of the seven courses deemed "crucial" to a well-rounded education: composition, literature, U.S. government or history, economics, mathematics and science. Only a handful of other institutions in the U.S. are giving students these tools, which are needed to succeed in careers and the community.

Did you know? UTSA is one of only three Texas institutions and 23 in the United States to receive the highest rating for its core curriculum in the 2014-2015 edition of the ACTA's "What Will They Learn?" report.

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