(April 19, 2016) -- Get your pitch ready: The $100K Student Technology Venture Competition is back at UTSA on April 26. The competition, hosted by the UTSA Center for Innovation, Technology and Entrepreneurship (CITE), challenges UTSA students to create and pitch a product exciting enough to nab $100,000 in prizes and business-related services. The event is combined with the College of Engineering’s Tech Symposium, which will showcase innovative student research projects.
“It’s always exciting to see these brilliant, driven UTSA students showing what they can do,” said Cory Hallam, director of CITE. “Every-one of these projects is fascinating and demonstrates a real talent for innovation.”
The competitors will display their products from 8 a.m. until noon in the UTSA Convocation Center, alongside students participating in the Tech Symposium. From 1 to 3:30 p.m., the students will give a five-minute pitch to a panel of judges from the San Antonio business and technology community. Winners will be announced shortly afterward. The event is free and open to the public.
The top three teams have access to a prize pool of more than $100,000 in prizes and business-related services to help launch their companies. Past winners include a portable device that alleviate sleep apnea, a motorized torque wrench that makes aircraft safer and a prototype labor monitoring system. This year’s 14 teams will offer new technologies with biomedical, electrical and mechanical engineering applications.
As in past competitions, each of this semester’s competing teams have received guidance from an experienced professional from the San Antonio Tech Boosters mentors network, a volunteer organization dedicated to helping technology-driven start-ups and entrepreneurs in the greater San Antonio area succeed. Neal Vail is the current president of this organization.
To prepare for the competition, teams of business, computer science and engineering seniors worked throughout the semester to develop a technology-based company. The students collaborated to create a business plan, a technology report, and a working prototype. The teams will pitch on April 26th to a judging panel formed by Tech and Business leaders from the community.
Sponsors of the competition include Geekdom, The Whittington Group, San Antonio Technology Center, Texas Research and Technology Foundation, Texas Technology Development Center, Cox Smith/Dykema Attorneys, Humphries Medical Media, Targeted Technology Fund, 80/20 Foundation and the UTSA Office of Commercialization and Innovation.
Since the competition’s inception, 844 students have participated, more than 120 company ideas have been pitched and a dozen patent applications have been filed. Two winning teams from previous competitions, Leto Solutions and Invictus Medical, have demonstrated steady progress toward commercializing their products.
By Joanna Carver
Public Affairs Specialist
Learn more about the $100K Student Technology Venture Competition.
Learn more about the UTSA Center for Innovation and Technology Entrepreneurship.
Throughout the summer, UTSA offers more than 60 camps in science, engineering, architecture, sports, music, writing, language, culture and more.
Various locations, Main and Downtown Campuses
Experience a fun, interactive week at UTSA as new students and their families take the first steps to becoming a Roadrunner.
Various locations, Main Campus and Downtown Campuses
Chat with members of the Downtown Campus Initiative Task Force about changes taking place as the Downtown Campus grows and transforms to offer a comprehensive living and learning experience. Table topics will include curriculum changes, orientation updates, transportation, food and living options.
Frio Street Building Commons Area, Downtown Campus
UTSA and the San Antonio Express-News will jointly host this town hall meeting to discuss Unequal Justice in Bexar County and in Texas.
Buena Vista Street Building Theater (BVB 1.326), Downtown Campus
Finance and Budget Modeling Task Force presents a panel presentation of experts from 4 universities with experience in incentive-based budgeting. All UTSA campus community is invited to attend and be informed about budgeting processes.
Business Building Richard Liu Auditorium (BB 2.01.02), Main Campus
This event showcases the work of trainees, faculty, staff and students from multiple disciplines and public health agencies across San Antonio.
H-E-B Student Union Ballroom (HSU 1.104), Main Campus
This exhibit highlights the UTSA Special Collections, which includes historic photographs from Texas, San Antonio and UTSA history.
UTSA Institute of Texan Cultures, Hemisfair Campus
Come learn about the benefits available before the enrollment period July 15-31.
Business Building University Room (BB 2.06.04), 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.
To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.
We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.