Venture capitalist Timothy Draper and his wife, Melissa, have committed $1 million to establish the Draper Data Science Business Plan Competition. The competition adds yet another innovative component to the new UTSA School of Data Science. The Drapers also plan to donate a hologram and programming to the university once it becomes available.
Hosted at UTSA beginning in 2021, the Draper Data Science Business Plan Competition will be open to college students from across the world and will further prepare them for careers in high demand, teaching them to be disruptors and leaders of their fields.
Teams will be encouraged to become familiar with a business model canvas and produce a product, service, web/mobile app, or a social impact idea that has the potential to change the world in which we live and work.
For some students, substantial monetary awards have supported the product development of their winning submissions post-competition. Planning for the competition is under way including an application process, eligibility, competition tracks, rules and guidelines, and faculty and community engagement.
“This gift will be transformational for UTSA and the School of Data Science as we launch the next generation of entrepreneurs,” said UTSA President Taylor Eighmy. “The competition is sure to attract the world’s greatest young minds, and produce ideas that will change our world for the better. This partnership opens many new doors of opportunity and exemplifies the value of activating innovation in our students.”
This gift will be transformational for UTSA and the School of Data Science as we launch the next generation of entrepreneurs.
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