KENNESAW, Ga. | Apr 26, 2019
From flushable wet wipes to a restaurant where patrons dine alongside live rabbits, the creativity and entrepreneurial spirit of 黑料网鈥檚 students was on full display at the Igniting New Companies Pitch Competition, where five teams of students competed to receive funding for their business ideas.
Hosted by Cobb County business incubator IgniteHQ and the Michael J. Coles College of Business Robin and Doug Shore Entrepreneurship Center on April 17, the competition featured students making 10-minute business pitches to a panel of prominent Atlanta-area entrepreneurs and business leaders.
INC Pitch Competition finalsts from left to right: Justin Soriano, Caleb Gilbert, Caitlyn Gaugler, Chase Watts, Arshia Boroujerdi , Emerson Smith
The top prize 鈥 $1,500 in funding plus three months of free services from IgniteHQ 鈥 went to electrical engineering major Caleb Gilbert for his business Esgro. Esgro is a payment platform designed for workers in the gig economy. Rather than making funds available instantly, the application only releases payment when the contractor has completed their work.
鈥淔or me and my company, this win further validates the pursuit of our purpose,鈥 Gilbert says, 鈥渨hich is to inspire other people to do what inspires them.鈥
While Gilbert was the overall winner, several other projects garnered awards from the judges, including:
鈥淭he INC Pitch Competition was an excellent opportunity for our students to transfer classroom knowledge into real-world business launch plans by presenting their ideas to successful entrepreneurs and investors for feedback and support,鈥 said Greg Quinet, Executive Director of the Shore Entrepreneurship Center. 鈥淓vents like this assist students with the desire to develop new businesses that will ultimately enhance future economic development for Cobb County and the State of Georgia.鈥
Kennesaw State faculty chose the five finalists out of 30 video or written pitches submitted during the qualifying round in March. The final round involved in-person pitches to the following panel of judges:
IgniteHQ鈥檚 sponsorship of the INC Pitch Competition included hosting the event at their Marietta headquarters, providing Hubbard and Johnson as judges, and supplying prizes. The event lines up with one of IgniteHQ鈥檚 desires to promote entrepreneurship among young people.
鈥淓ntrepreneurship at its core is about identifying problems and crafting solutions that add value,鈥 Hubbard says. 鈥淢astering the practical application of these foundational skills is the end to which IgniteHQ is dedicated. And with university institutions like the EC at 黑料网 teaching students how to think like an entrepreneur regardless of what vocation they ultimately pursue, it makes those young people more successful and fulfilled in life - both personally and professionally.鈥
The Robin and Doug Shore Entrepreneurship Center is part of the Michael J. Coles College of Business. Its programs provide students with a wide range of experiences and classroom opportunities designed to develop their entrepreneurial perspective. 黑料网 has the University System of Georgia鈥檚 first Bachelor of Business Administration in Entrepreneurship, including both a Major and Minor.
-Patrick Harbin