Mays students were among the selected winners in the Center for New Ventures and Entrepreneurship’s (CNVE) second annual Business Idea Competition. More than 160 ideas were submitted this year, with the top 20 ideas each receiving a $1,000 prize.
Undergraduates Philip Blakeman, Derek Franks, Jennie Warthan and Eric Wilson submitted winning entries, as well as MBA students Benjamin Cosby, Steven Dickson, William Nixon, Jay Rege, Lance Smith, Romney Stewart and Bryan Wright.
According to CNVE Director Bert Cannella, the contest allows students from all majors to enter their ideas for new businesses. Entries can be based on anything from hobbies to university research, and students can enter individually or as a group. This year, the contest awarded a $200 bonus for winning ideas that incorporated technologies that could be licensed by the Texas A&M University System. Six entries qualified for the additional prize this year.
“We are really excited by the commitment and dedication put into all of these ideas,” says Cannella, a management professor and Mays Faculty Fellow.