Baruch College Hosts CUNY Center for Student Entrepreneurship Demo Day
Teslab Team Wins $15,000
(L-R) Lou Anne Flanders-Stec, Administrative Director, CUNY Center for Student Entrepreneurship; John C. Martin, Executive Director of IT Strategy and Planning, Verizon; Aditya Kumarakrishnan, CEO, Teslab; Omar Raja, Technical Analyst, Verizon; John Clark, Acting Executive Director of the Office of Business and Industry Relations, CUNY; Stuart Shulman, Professor of Management, Baruch College.
NEW YORK, NY-January 9, 2015 - Student entrepreneurs from the City University of New York presented their best pitch for a chance to win up to $15,000 at the CUNY Center for Student Entrepreneurship Demo Day, held at Baruch College on January 8.
Demo Day was the final step for the first cohort of student entrepreneurs completing the CUNY Center for Student Entrepreneurship incubator program. The incubator program assists students in starting their own businesses, creates jobs for students and stiumlates business growth and economic development in New York City. The Center's Incubator offers a structured program in which CUNY students have access to resources geared toward helping them launch businesses. These resources include mentoring/coaching, workshops, workspace, community, funding and connections.
Remarks were presented by: John Clark, Acting University Executive Director of the Office of Business and Industry Relations at CUNY; Stuart Schulman, Professor of Management at Baruch College; Lou Ann Flanders-Stec, Administrative Director of the Center for Student Entrepreneurship; and Judy Spitz, Vice President and Chief Information Officer for Verizon.
Student entrepreneurs presented their business ideas to a panel of judges that included: Angela Haines, Managing Director of Golden Seeds; Dave Famolari, Director of Verizon Ventures; Dimitris Kouvaros, Head of Business Development at Huddlemetrics; Peter Crysdale, Founder/CEO of StrategyHack; and Zach Yeskel, Product Manager for Google.
The final results from the presentations were:
First Place (winner of $15,000): Teslab (formerly Tesla Truck), a cutting edge mobile workshop and maker-space, bringing the richness and depth of creating something with your hands, to schools, communities and a street corner near you.
Second Place (winner of $5,000): Cleanly, an online platform and mobile app that provides simple on-demand laundry and dry-cleaning delivery in NYC.
Honorable Mentions ($2,500 each)
Advyzr, a mobile application that utilizes user-submitted academic goals in collaboration with user scheduling preferences to produce class schedules and make “smart” course recommendations.
Pomegrante Lab, an online learning tool to provide solutions for disengaged, urban learners and new teachers.
About The National Grid Foundation:
The National Grid Foundation is a non-profit charitable organization dedicated to enhancing the quality of life, economic strength and environmental stewardship in National Grid’s service territory. The Foundation’s mission is to create opportunities for solutions to today’s educational and environmental challenges. By awarding grants to non-profit organizations, the Foundation inspires and serves as a catalyst to a shared future, ultimately impacting and improving lives of the underserved in our neighborhoods. Since its inception in December 1998, the Foundation has provided more than $15 million in grants to hundreds of organizations.
About Baruch College:
Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 18,000 students, who represent 160 countries and speak more than 100 languages. Ranked among the top 15% of U.S. colleges and the No. 4 public regional university, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world. For more about Baruch College, go to http://www.baruch.cuny.edu/.