Student entrepreneurs pitched business ideas to a panel of 17 alumni judges at Monday’s Springboard Elevator Pitch. Five groups walked out with cash prizes, from $500 up to first place $3,000 check.
“I am very exited to watch students pitch their start up ideas, this is my first time to be a part of Spring Board, and I am honored to get to be one of the judges,” said Chris Coggin, vice president of Thelese Management.
Among the students that participated in this competition there were many of ideas for a start-up businesses.
Ventraverse, presented by Rudy Garza, senior marketing major from Corpus Christi and Spencer Woolfolk, senior marketing major from San Antonio, is a website that allows for people to post business ideas and get investors to fund the aspiring ventures. Garza and Woolfolk took home third place overall for $500.
Second place went Mac Mascarro’s idea for Social: Squad, a business that hires students to generate promotional material on social media. Mascarro, senior management major from Abilene, was awarded the $1,000 second place prize.
This year’s $3,000 grand prize went to Perfect Resume, presented by Barrett Corey, junior business marketing and sociology major from San Antonio and Stephen Martin, a senior international studies major from Fallon, NV. Perfect Resume helps generate a resume tailored to the nature of jobs users are seeking to apply to.
Additional awards went to Change Jar, presented by Allison Brown, junior convergence journalism major from Midland and Matthew Archer, junior finance major from Pflugerville. ChangeJar, an app focused on entrepreneurial non-profit giving, won the social venture award for $250 and the $500 audience choice award.
The Elevator Pitch competition kicked off Startup Week, hosted by the Griggs Center for Entrepreneurship and Philanthropy. The Center also holds the Springboard Ideas competition in the spring semester, where students can compete for $10,000.