One hundred Aggie-owned or -led companies selected for the 2022 Aggie 100 following the second highest number of applications in program history.

 

COLLEGE STATION, TEXAS, November 4, 2022 – The McFerrin Center for Entrepreneurship hosted its 18th annual Aggie 100 awards in the Hall of Champions at Kyle Field, with nearly 650 in attendance for the celebration.

Although companies are notified in advance that they were selected for the Aggie 100, the official rankings aren’t revealed until the in-person event, with the surprise announcements made by current Texas A&M students selected by the McFerrin Center.

This year’s #1 company, LeasePoint Funding Group, based in Austin and founded by Jeff Markim ’12, was honored with an impressive growth rate of 379.291% from 2019-2021.

“I was shocked, certainly happy, thrilled, to be in the Aggie 100, and then to get the call that we were #1 this year… I would never have thought that. I really am honored, as a lifelong Aggie, to get this award, from this school,” Jeff remarked. “My wife is an Aggie. My business partner is an Aggie. Our top investors are Aggies. A lot of the people who have influenced my life are from this university, and it means a lot to receive this kind of recognition.”

The top 10 from the 2022 Aggie 100 company list, including their location, Aggie leadership and growth rate, are:

  1. LeasePoint Funding Group | Austin, TX | Jeff Markim ’12 & Daniel Totah ’06 | 379.291%
  2. Blackbuck Resources | Houston, TX | Samuel Oliver ’10 | 130.668%
  3. Education Advanced, Inc. | Tyler, TX | J. Eli Crow, Ph.D. ’01 | 122.652%
  4. Centerline Engineering & Consulting, LLC | Lubbock, TX | Daniel Wetzel ’06 | 122.059%
  5. Albers Aerospace | McKinney, TX | John Albers ’90 | 114.589%
  6. C-LARs, LLC | Bryan, TX | Edwin Adam Janac ’06 | 107.711%
  7. RMJK Enterprises Inc. | Kansas City, KS | Rob Patterson ’09 | 107.576%
  8. Specialty Fleet Sales & Rentals | Lindale, TX | Justin Bateman ’08 | 102.402%
  9. Oak Prairie Oil & Gas LLC | Shenandoah, TX | Chuck Meloy ’82 & Grady Meloy ’13 | 102.330%
  10. Underground Support Services, LLC | Dallas, TX | Stephanie Teetes ’94 | 101.990%

“Now in its 18th year, the Aggie 100 continues to re-set the standard for recognizing and celebrating the best of our Aggie entrepreneurs across the globe. These 100 companies and their Aggie founders and leaders have proven their determination for success, and we’re excited to welcome them to the Aggie 100 family. This year saw our second-highest number of applications ever, indicating just how competitive these rankings have become. This 18th class of the Aggie 100 represents the cream that has truly risen to the top, and we’re honored to be a part of their company’s story and success,” said Blake Petty ‘98, executive director of the McFerrin Center for Entrepreneurship.

Launched in 2005 by the McFerrin Center for Entrepreneurship, the Aggie 100 honors the 100 fastest-growing Aggie-owned or -led businesses in the world. While there are many ways to define business success, Aggie 100 uses growth rate as an indicator as it reflects a venture’s capacity for job creation, product acceptance and entrepreneurial vision. Nominated companies are ranked by percentage of compound annual growth in sales or revenues (net of returns), over a three-year period (2019-2021 for this year’s class). Nominees are required to provide detailed company information to PKF Texas who then evaluate and rank the nominees based on these requirements.

In addition to growth and leadership criteria, companies named to the Aggie 100 must operate in a manner consistent with the Aggie Code of Honor and the values of Texas A&M University.

Aggie 100 has grown significantly since its inception in 2005 and is now being emulated by a number of other top universities, including several SEC schools. More than 850 different companies and nearly 1,200 Aggie leaders have been honored over the past 18 years.

A complete list of the 2022 Aggie 100 companies, including past years, can be found at aggie100.com.

About McFerrin Center for Entrepreneurship

The McFerrin Center for Entrepreneurship serves as the hub for entrepreneurship at Texas A&M University. The McFerrin Center’s goal is to enhance entrepreneurial education by providing training, networking and assistance to enterprising students, faculty and former students.

The McFerrin Center enables the startup and growth of countless businesses and provides competitive opportunities, professional development and financial support to aspiring entrepreneurs in the Aggie community through the support of a robust volunteer mentor network, corporate supporters, faculty and staff.

The McFerrin Center defines entrepreneurship as an attitude that acts on opportunity. In this spirit, the McFerrin Center strives to deliver programs and events that are inspiring, engaging, motivating and life-changing. This philosophy has resulted in the McFerrin Center for Entrepreneurship offering more than 30 unique programs each year that positively impact the lives of thousands of students, veterans and other professionals seeking to blaze their own trail as an entrepreneur.

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Media Contact: Lara Robertson, communications manager, McFerrin Center for Entrepreneurship, lrobertson@tamu.edu

Categories: McFerrin Center for Entrepreneurship, Uncategorized

“I’m not a big crowd follower,” he assures me, “but there’s a time and place for everything…sometimes you just have to go with the flow.” The story packaging this gem is one about Kevin gripping his duffel bag, pushing through a crowded airport in Germany, and rushing to catch a flight back to the United States for a $70 million presentation. According to Kevin, his flight was getting out of there even if no one else’s was—it wouldn’t be the first time he willed something to work. Ultimately, belief wasn’t enough.

Years have passed since Kevin Moore, former director of the esteemed MS Finance (MSF) program, ran through an airport with his bag in hand. He has suitcases with wheels now. And even though his days as the guy who assures the big, bad firms of a good deal are now over, he knows a great idea when he sees one. So, when Sorin Sorescu, Executive Associate Dean of Mays Business School, appointed him executor of a program that would allow Texas A&M to compete at the highest level of finance, it was a no-brainer.

What made Kevin Moore, former analyst and part-time Tuesday night professor, qualified for such a lofty task? He had a unique set of qualifications and an atypical experience that made him the perfect fit. It was a match made in Kevin.

The House that Kevin Built

Plus, he’s big time. His students adore him. Brittny Efendy, Chemical Engineering ‘22 and MS Finance ‘23, and Michael Miller, Industrial Distribution ‘20 and MS Finance ‘21, cited Kevin in their figurative ‘memorable moment’ catalogs from their time in the program.

“He’s great” Efendy remarked.

Ask his team, and it is clear that they also think the world of him. A few minutes into our hour-long conversation, I, too, have sent in a membership for the fan club.

In all of his grandeur, he’ll tell you that he is only as good as the people around him. And at 6:30 am in September 2021, his trusted circle—a group of accomplished Aggies— responded hurriedly to a call of duty, selflessly and willingly—frazzled nonetheless—on his behalf. The core group that would lead MS Finance down its intended path to graduating another prestigious class of future financiers rallied, committed, and prepared to “point and shoot,” as Kevin would say.

Forced to step away from his high-perching post due to a health complication, MSF needed to be rescued from the threat of crumbling under its own prestige. Luckily, Misty Page, Donna McClure and Rebecca Itz—“The All-Stars” as they are sometimes referred to— embraced the challenge. None of them opted to wear a cape while absorbing the weight of the MS Finance program because not all superheroes do.

The Call

It’s September 2021, and in the midst of shaking off the fatigue from the infamous MSF August boot camp, Page, Associate Director of MS Finance, received news that dramatically changed her trajectory. At 6:31 am, she unofficially had two full-time jobs—only one of which she actually signed up for. Over an undisclosed period of time, she was the provisional Director of MSF. She inherited the responsibility of introducing 150 highly desirable students to the robust world of finance, fully equipped with business attire, etiquette skills, and know-how; her hands were entirely too full.

In her new role, Page was responsible for maintaining the level of excellence in all things academics, career development, and corporate relationships. “There was no time to think; I had to act,” she said. She was on a mission.

Within the next few hours, the call reverberated through Mays Business School. From it, a small, but mighty task force consisting of Page, two student workers, and Itz, an academic advisor by day and Master’s Student during “off” hours, was born. And by 10 am, carried by adrenaline and a resounding theme of “what do we have to do to get the job done,” they had created a plan for the rest of the semester.

For the next six weeks, Page worked 70 to 80 hour weeks—a significant increase from her usual 45 to 50. That is until McClure, current Associate Program Director of MS Finance and proud Aggie, whose sole ties were in the Mays Career Management center, readily absorbed some of the load. She felt a deep connection to the program and her students. Just ask about the job offers she didn’t take because of the work she wanted to continue doing within the MSF program.

“I couldn’t even think about saying no, not stepping in, not doing whatever I have to do to make sure things go well,” McClure said.

McClure accepted the portion of responsibility that focused on the relationships between employers and students. She was entrusted with the holy grail of the MSF Program: the advisory board. Connections are key in the highly competitive landscape of Financial Services, Consulting, and Corporate Finance, and as an MSF student, advisory board members are the people to meet.

In the meantime, Itz, who describes herself as someone “who helps students achieve their academic goals for two overlapping degrees,” would try to keep everyone from falling off the rails while also handling the challenging logistics of two trips: one for the sophomores, which Moore traditionally handled, and a strategically unprecedented one for graduate students planned for December of that year.

The Last Puzzle Piece

Months into a concerted team effort, Chris Wilson, member of the MSF Steering Committee, Chartered Financial Analyst, and Chartered Market Technician ‘88, heard the call. He was offered an executive professor role for Kevin’s classes at the start of the second semester. It was an opportunity well beyond his initial offer to guest lecture. And with a plethora of knowledge, experience, and qualifications that eerily resemble Kevin’s, he checked all of the proverbial boxes. Only, he had never taught a semester-long class and lived two hours away, so this too would be a squeeze.

Perspective. Perhaps attending program orientations as the father of Colin and Parker Wilson, both MSF ’23, foreshadowed his place at the front of the classroom the following semester. Or maybe acknowledging the impact of the fabled MSF bootcamps on his sons’ level of professionalism and preparedness gave him the energy to overcome his lack of teaching experience. Wilson has witnessed every side of the gem that is MSF, and his reviews do nothing but glow—his enthusiasm radiated through our phone call. As a member of the Steering Committee, a group that oversees the entire program, he understood the hierarchy of associated companies; the gold standard companies hire the most Aggies. He observed the maturation of his sons in just a summer. He had the vote of confidence of the man in charge and all of the people who make things work. He was sold.

The Aftermath

Moore is confident and speaks with pace and certainty. Amidst stories regarding the determinants of success, the magic of high-caliber alumni networks, and the nuances of his journey, it isn’t until we get to his connection to the students—arguably the piece that differentiates MSF from other rigorous programs—does his demeanor change. His eyes water with passion and dreams. “Before anybody believed in them…before they knew they were going to be great…I knew.” The legend behind the high-functioning machine is, at his core, a man who believes in his students.

They all believe. MSF has a standard of excellence—admired by many, but executed by few—because every member of the team cultivates the growth, development, and–ultimately–the success of the students, and one another, at whatever cost. They are propelled by loyalty and service to a cause that is far greater than any one of them.

Since that early morning call, the MSF Class of ‘22 has graduated, 150 of 152 students have acquired internships, and Kevin is back in at work, albeit part-time. Representatives of 30+ MSF ally companies have taken over “industry briefs” once reserved only for experienced faculty; the number has ballooned from 4 or 5 to 11. And most notably, every person who has touched the MSF program in the last year expanded their capacity without thinking twice. They love what they do. They love watching their students, be they sophomores or recent graduates, blossom into high-performing stars in the companies of the future.

Polished, High-Performing Professionals

According to the Advisory Board, as shared through McClure’s beaming smile, graduates of MSF are “polished, professional, and they can perform.” So too, is the group behind them. They are leaders committed to building leaders. Achievers who nourish the minds of achievers. They are Aggies, and Aggies help Aggies become the best versions of themselves. The work that this core group has done in light of unforeseen circumstances is a reflection of the 100-year-old 12th Man lore that we Aggies hang our hats on. After all, we are one school with one vision sustained by a spirit that can ne’er be told.

Unlike the majority of his counterparts, Kevin Moore isn’t an Aggie by degree, but wholeheartedly one by action and association. His essence oozes throughout the home that he has built within Mays Business School. So much so, MSF students meet the expectation of excellence because, according to their esteemed leader, “winning isn’t everything, it’s the only thing.” Marry the Texas A&M core values with industrious students, a dedicated staff, and an unmatchable drive of a prized leader, and you have your match, undoubtedly made in Kevin.

Categories: Uncategorized

 

COLLEGE STATION, TX – Mays Business School is proud to announce the recipients of the 2022 Outstanding Alumni Awards. Mays will recognize and honor these individuals during the 30th Annual Mays Outstanding Alumni Awards Dinner in April.

Porter S. Garner III, ’79, Eli Jones ’82,’86,’97, and Brian K. Pinto ’93 are the 2022 recipients.

As the highest honor a Mays Business School graduate can receive from the school, we recognize recipients of the Mays Outstanding Alumni Award for leading lives of distinction and embodying the Aggie core values of excellence, integrity, leadership, loyalty, respect, and selfless service.

To date, Mays has honored 94 former students who have made outstanding contributions in their chosen fields with significant impact, innovation, and influence at Mays, in their community, and in other walks of life. “Those we are honoring this year continue the tradition of exemplifying the Aggie Spirit. I am very pleased that Mays is recognizing these outstanding Aggies,” said R. Duane Ireland, interim dean at Mays Business School. “The ways in which these individuals serve their communities and how they live their lives in both their personal life and professional career substantially contribute to the betterment of their community and of society. They are an inspirational group of leaders and irreplaceable members of the Mays Family. We all look forward to celebrating and recognizing them in April.”

Hosted by R. Duane Ireland and powered by the Mays Experience Team at Mays Business School, the 2022 Outstanding Alumni Awards’ celebration will welcome the family and friends of this year’s honorees, previous award recipients, and a variety of other special guests to the invitation-only event on Thursday, April 28, 2022, in Aggieland.

 

Categories: Alumni, Uncategorized

COLLEGE STATION, T.X. — Earlier this year, Texas A&M University’s Mays Business School boasted top ranking for Fortune’s list of preeminent Business Analytics programs. Now, in just their second year of ranking eligibility, the program has leapt more than 50 places on the U.S. News and World Report list of Best Online Graduate Business Programs. From a ranking of 6th in Texas and 72 overall last year, to this years’ 2nd in Texas and 16th overall – the Mays’ program performed exceptionally across a host of competitive metrics in the ranking’s methodology. Categories included: engagement, expert opinion, faculty credentials and training, services and technologies, and student excellence.

Atop the list of data points informing the U.S. News methodology was engagement, an area where the Mays’ MS Analytics program (Mays’ first online offering) really sets itself apart, according to program director Myra Gonzalez. “Our program is unique in that it’s one of the few online, non-MBA, part-time, business programs designed for working professionals.” Drawing on their own experiences in graduate school, Gonzalez and program manager, Javier Aldape, sought to make the process of completing the MS analytics program student-centric and seamless. They identified engaging and supporting students more holistically (beyond the enrollment process) as essential to student retention and – ultimately – graduation rates.

Creating a “one-stop-shop” for student services – to keep students focused on school and eliminate obstacles to program success – they cut the middleman across campus offices and partner with students directly to help them navigate everything from onboarding and financial aid, to tutoring, academic advising and business degree plans. “We know first-hand the balancing act that’s required to achieve simultaneous success in school, work and home life,” shared Aldape. “We wanted to reduce administrative burden and stress, creating opportunities for students to focus on their classes, finish their degree plans on time, and engage meaningfully with their peers.” Gonzalez concurs, “We hope students will reflect on this time as a positive one, despite the workload. By building relationships with the students in our program and providing a single point of contact for administrative details, we replicate the simplicity and personal touch of a small-school experience in tandem with the resources and educational value of a major university.”

First-class faculty also drove the program’s ranking. Unlike instructors for many online programs, Texas A&M’s MS analytics professors typically have terminal degrees, in addition to robust industry experience. “This ranking reflects the excellence of our faculty and the distinctive blend of skills they bring into the classroom,” shared associate dean of graduate programs, Jerry Strawser. “Outstanding academic credentials, paired with deep private sector experience, uniquely position our instructors to equip students with the tools to excel in this rapidly evolving field.”

Additionally, with online hybrid delivery that dates back to 2013, the program’s faculty are fully prepared to create a distance-learning experience that is both effective and provides comparable instructional value to a traditional classroom setting. Gonzalez is quick to note the distinction. “Our faculty’s distance-learning tenure significantly predates the wave of online courses we saw offered in answer to the Covid-19 Pandemic. This isn’t a new playing field for us; our instructors are highly accustomed to instruction in a hybrid face-to-face and online setting.”

The breadth of faculty credentials helps provide greater parity with classroom learning in a digital setting – a program priority its leaders pursue relentlessly. To that end, Aldape and Gonzalez have curated a state-of-the-art, intuitive learning management system that prioritizes user experience and accessibility. “By ensuring a frustration-free technology component to the degree, we’ve seen a major boost in student engagement with course materials and peers, as well as a more positive outlook and strong retention,” shared Aldape.

A standardized interface and simple navigation for course structure and material – regardless of the course – offers students one-click access to recorded lectures, syllabi, course content, contacting the professor, and networking with fellow students. Assignments and exams are integrated such that interaction with key content is a prerequisite to accessing subsequent coursework. The design of this “read, reflect, display, do” model aims to keep students focused and engaged, courses interactive and to reduce pain points. The system builds on a service model focused on student experience, helping them manage course expectations and facilitating connectivity between students, their cohorts, and instructors.

Lastly, among other marketing and engagement efforts that bolster expert opinion of the MS Analytics program, the value of the student capstone projects to their respective organizations is noteworthy.  As part of the capstone, students are tasked with building a predictive model in support of their current employers. The projects run the gambit from safety modeling, to expected well production, to predicting outages before they happen. For the 2021 cohort the average estimated annual value per student capstone project is $18.2 million in savings or new revenue for their organizations. “Our students are leveraging their extended education to drive demonstrable value for their organizations – and that is something we are exceedingly proud of,” shared acting Dean, R. Duane Ireland. “It really affirms the caliber of the students coming through this program;” with an average student GPA of 3.5 paired with an average 13 years of work experience; “for student excellence, we are setting the bar.”

For an overview of the Texas A&M’s MS Analytics Program, visit the MS Analytics site. The program is currently accepting applications for the fall 2022 cohort.  To request more information, contact Javier Aldape, Program Manager at 979-845-2149 or jaldape@mays.tamu.edu.

Categories: MS Business, Uncategorized

By Stephanie Burns, McFerrin Center for Entrepreneurship in Mays Business School at Texas A&M University

COLLEGE STATION, May. 5, 2021 –

$13,000 awarded to High School Entrepreneurs.

On Friday, April 30, 2021 the McFerrin Center for Entrepreneurship hosted the 2021 Texas High School Ideas Challenge. The inaugural competition invited 30 finalist teams to participate in the first-ever state-wide entrepreneurship competition for High School students. Each team competed in 2 rounds of intensive pitching that included a 5-minute, AV free presentation and a 5-minute Q&A with multiple panels of judges. Throughout the day, judges regularly commented on the high quality of each idea pitched and, on the maturity and professionalism of each young entrepreneur.

Blake Petty ’98, Executive Director of the McFerrin Center for Entrepreneurship had the following to say about the competition “What a tremendous day full of exceptional ideas from some truly outstanding young entrepreneurs. As we began to build this inaugural Texas High School Ideas Challenge, we had hoped to see perhaps 25 high schools engage their students to compete. We were elated that over 40 schools from every corner of the state participated, and that the 167 high school competitors showed such incredible talent, creativity, and professionalism at such a young age! Our volunteer judges were immensely impressed with the young innovators who competed this year, and now we all cannot wait to see what ideas emerge in 2022.”

Notable Winners

Vista Ridge High School in Cedar Park and Boerne Champion High School in Boerne made an impressive showing. Multiple students from each High School took home an award at this year’s competition. Students from 2 separate High Schools in Frisco also took home prizes. In addition, a local College Station student also took home a prize, illustrating the entrepreneurial prowess of students in Aggieland.

Although public viewing of the competition was not available, the winners of the day long competition were announced via live stream on Facebook. Those interested in viewing the Awards Presentation can do so at tx.ag/TXHSIdeasAwardsCeremony.

Listing of Winners.

The winning teams and their respective High Schools and cities are included below.

  • $750 Honorable Mention Prize: Farmer Adam – A&M Consolidated, College Station
  • $750 Honorable Mention Prize: CollegeHype – Clint ISD Early College Academy, Clint
  • $750 Honorable Mention Prize: Allowance – Vista Ridge High School, Cedar Park
  • $750 Honorable Mention Prize: Student Power – The Village School, Houston
  • $1,000 Sixth Place Winner: SOle Cold – Boerne Champion High School, Boerne
  • $1,250 Fifth Place Winner: Environmate – Centennial High School, Frisco
  • $1,500 Fourth Place Winner: DropaBall – Boerne Champion High School, Boerne
  • $1,750 Third Place Winner: PRACTICE PALS – Klein Cain High School, Klein
  • $2,000 Second Place Winner: S.A.P.P.E. by MC – Frisco High School, Frisco
  • $2,500 First Place Winner: WalkThru – Vista Ridge High School, Cedar Park

About Texas High School Ideas Challenge

The Texas High School Ideas Challenge motivates high school students to explore entrepreneurship and discover the benefit of an entrepreneurial mindset. There is no business plan or product development required for the Texas High School Ideas Challenge. Students must prepare and submit a compelling application that illustrated the creative, careful, and methodical planning that has gone into their idea.

About McFerrin Center for Entrepreneurship

The McFerrin Center for Entrepreneurship provides experiential programs, events, and education for entrepreneurs at Texas A&M University and across the state of opportunities for entrepreneurial students at Texas A&M University. We are committed to the success of entrepreneurs and believe that they are the cornerstone of a robust economy and nation.

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Media contact: Stephanie Burns, Communications Coordinator, McFerrin Center for Entrepreneurship, (979) 458-8631, s.burns@tamu.edu.

Categories: Uncategorized

Academic research experts and industry professionals will gather to discuss the latest trends and insights in marketing and retailing on April 23 via Zoom.

Hosted by the Center for Retailing Studies (CRS), this virtual event will include featured topics such as: healthcare, mobile app technology, online purchasing, emerging research issues in retailing, and state of the industry post-pandemic.

“The Retail Research Leadership Forum is a signature event of the Center for Retailing Studies, Mays Business School. It showcases leading-edge research on retailing from world-class researchers and thought leadership lessons from influential practitioners. It is a trend-setter for future directions in retailing,” said CRS Director of Research Venky Shankar.

Speakers and panelists include:
Venky Shankar, Coleman Chair Professor of Marketing at Mays Business School
Leonard Berry, University Distinguished Professor at Mays Business School
Unnati Narang, Assistant Professor at the University of Illinois, Urbana-Champaign
Jack Boyle, Global Co-President Direct to Consumer at Fanatics, Inc.
Bill Stinneford, Senior Vice President at Buxton
Rebecca Wooters, Chief Digital Officer at Signet Jewelers

Registration information and full agenda can accessed at: tx.ag/RetailForum

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The Center for Retailing Studies offers collaboration opportunities with world-class researchers and thought leadership that advances knowledge about the consumer and retailing industry as a whole.

Media contact: Andrew Vernon, Center for Retailing Studies, avernon@mays.tamu.edu

Categories: Center for Retailing Studies, Faculty, Marketing, News, Research, Uncategorized

Written by Meredith White ’21


 

Every once in a while, a new invention is created that makes consumers and investors pause and wonder at the genius in its simplicity. Around seven years ago, Dr. Albert Huang was removing part of a diseased colon from a patient’s body when he struggled to find and avoid cutting the patient’s ureter. This is a common occurrence with pelvic surgeries and even the most experienced surgeons struggle to identify and avoid the small muscle hidden under multiple layers of tissue. By the end of the procedure, Dr. Huang found himself thinking up new ideas that would make locating the ureter much faster and safer. His ideas began to solidify during a quiet moment in front of his computer. The next thing he knew he was building a prototype and scouring eBay and Radio Shack looking for spare parts. He was making progress towards solving this monumental problem, but he was going to need to make some tough decisions in order to go from Frankenstein prototype to full-blown startup. Dr. Huang resolved to leave active practice in order to pursue his idea, a daunting task considering the lifetime of training it took to become a surgeon. He knew the rare opportunity that he had to make an impact and save lives.

Dr. Huang came to view the pause in his surgical career “[…] as an opportunity rather than a sacrifice.” His unique background as a practicing surgeon has proven invaluable in the development of his company, Allotrope Medical. He knows the atmosphere of the operating room and he understands the needs of the doctors, assistants, and most importantly the patients. Dr. Huang is also keenly aware of the standards medical professionals have for new technology. He used all of this information, in addition to his expertise in human anatomy, to create StimSite.

StimSite simply but elegantly helps surgeons identify and safely work around the ureter during pelvic surgeries and procedures. The ureter is a smooth muscle structure that can blend into the surrounding tissue making it difficult to see. Each year, 1% or more of procedures result in accidental harm to the patient’s ureter. Dr. Huang concluded that by generating an electrical signal, similar to that created by the brain of a conscious patient, he could make the ureter move on demand and become distinguishable among the pelvic tissue. This small movement would make it easier to locate the ureter, decreasing the time surgeons spend trying to identify and avoid the ureter and also significantly decreasing the risk of accidentally injuring this small but vital structure.

After much trial-and-error, StimSite was finally ready and it was time for Allotrope Medical to seek outside investment. “Taking and sharing your vision is always hard to do,” commented Dr. Huang, “How do you [take] what’s in your brain and share that passion?” Dr. Huang’s idea is obviously good, but his mindset is even better. He has the drive and creativity to support his ambitions and the charisma required to make others believe in his company as well. It should come as no surprise that Allotrope Medical and StimSite quickly caught the eye of investors, in particular the Aggie Angel Network. In June 2020 Dr. Huang competed in the virtual Texas A&M New Ventures Competition (TNVC) during the height of the COVID-19 pandemic and won first place and $50,000. In addition to the first-place winnings, Allotrope Medical received the Aggie Angel Network Special Investment Prize.

The TNVC prize money combined with other investments meant that Dr. Huang had finally secured the funding he needed to move forward with manufacturing StimSite. Dr. Huang was notified in November 2020 that StimSite was awarded FDA clearance making Allotrope Medical one of the few MedTech companies within the Texas Medical Center to receive clearance to bring their technology through hospital doors. After his positive interaction with Aggie Angel Network (AAN), Dr. Huang approached the angel investment group and offered an additional investment opportunity for AAN members as Allotrope began to close on their Series A. AAN members have a keen sense for a good opportunity and invested an additional $300,000 in Dr. Huang’s startup in early 2021.

Dr. Huang commented that StimSite is already having an impact on the medical field. Doctors he has never met in cities he has never been to are using his technology on patients he’s never seen. Some surgeons filmed themselves using StimSite and presented the recordings at classes and symposiums. This enthusiastic adoption from the medical community further validates the major need that StimSite is filling for surgeons across the United State and soon, around the world.

Dr. Albert Huang grew up asking questions and with a desire to understand how the world around him works. He restored vintage cars and motorcycles during his years in medical school. He has always been looking behind the curtain, trying to learn how things work and can be made even better. He worked hard to become a doctor to help other people, but when he found another way to assist mankind, he was willing to focus everything he had on an innocuous thought that grew into something more. His advice to other entrepreneurs is to tell them it’s doable. That dream you’ve had since you were a kid, that passing idea that you came up with during lunch, it’s all doable. And there are people out there who are willing to help you. There are people out there that want to make the world better and will listen to you as long as you, too, are asking questions. If you too are also pulling back the curtain and looking at the world around you with a perceptive eye. To those who are ready to follow in the steps of Dr. Albert Huang, it may be time to take that leap of faith.

Categories: McFerrin Center for Entrepreneurship, Uncategorized

2022 RANKINGS HIGHLIGHT MAYS BUSINESS SCHOOL’S MBA EMPLOYMENT SUCCESS

COLLEGE STATION, TX, March 30, 2021 – Texas A&M’s Full-Time MBA (FTMBA) program has been named a top 20 U.S. Public program, according to the 2022 rankings released by U.S. News & World Report. Offered through Mays Business School, the FTMBA program ranks as the #16 public program in the U.S. and #38 overall, an improvement of four and six spots, respectively. The FTMBA also ranked #4 among U.S. Public programs in terms of the employment rate three months after graduation, a testament to the quality of the Aggie Network. The School’s Professional MBA (PMBA) program – offered from the Houston CityCentre campus – was also ranked with positions of #23 for public programs in the U.S. and #39 overall.

Detailed descriptions of the methodology used to determine the rankings are available at U.S. News and World Report’s site. The methodology includes criteria such as peer school assessment score (25%), mean GMAT and GRE scores (16.25%), recruiter assessment score (15%), mean starting salary and bonus (14%), employment rate three months after graduation (14%), and other factors.

“The entire MBA Programs office is geared toward preparing our students for success,” shared Arvind Mahajan, Ph.D., Associate Dean for Graduate Programs for Mays Business School. “From full-circle leadership development to high-impact opportunities in our MBA Venture Challenge, to students hosting and running the Humana-Mays Healthcare Data Analytics Case Competition – faculty, staff, and administration lead the way to develop students who will advance the world’s prosperity, our vision at Mays Business School. Students receiving benefit and returning the favor to the Aggie Network makes it worth the intensive effort.”

“Please allow me to express very sincere congratulations to students, faculty, staff, and the entire Mays leadership team regarding these prestigious outcomes for our MBA programs,” shared Duane Ireland, Ph.D., Acting Dean for Mays Business School. “These rankings demonstrate that Mays Business School is achieving success with efforts to achieve its mission of being a vibrant learning organization that creates impactful knowledge and develops transformational leaders.”

Applications for Texas A&M’s MBA programs are being accepted now for the class of 2023. For more information, visit: mba.tamu.edu

By Blake Parrish, Mays Business School Marketing, Communications, and Public Relations

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About Mays Business School

At Mays Business School, our vision is to advance the world’s prosperity. Our mission is to be a vibrant learning organization that creates impactful knowledge and develops transformational leaders. Mays Business School educates more than 6,400 undergraduate, masters, and doctoral students in accounting, finance, management, management information systems, marketing, and supply chain management. Mays consistently ranks among the top public business schools for its programs and faculty research.

 

Media contact: Blake Parrish, Mays Business School Marketing, Communications, and Public Relations, bparrish@mays.tamu.edu.

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COLLEGE STATION, Feb. 12, 2021 – The McFerrin Center for Entrepreneurship at Texas A&M University announced the Texas High School Ideas Challenge, the first ever state-wide entrepreneurship competition for high school students. Any Texas high school student between the ages of 14-18 is eligible to participate in the inaugural challenge. Participating students will compete for $15,000 in prize money in addition to in-kind gifts.

About the Texas High School Ideas Challenge

The Texas High School Ideas Challenge is based on the highly successful Raymond Ideas Challenge. For two decades the Raymond Ideas Challenge has only been available for Texas A&M Current students. Applications for the Texas High School Ideas Challenge close on March 31, are online, and do not require a formalized business, business plan, or prototype. Students are only required to submit an idea but must do so in a compelling manner that displays the idea’s viability, unique nature, and the problem that their idea attempts to address.

Student Impact

The mission of the public education system of the state of Texas is to ensure that all Texas children have access to a quality education that enables them to achieve their potential and fully participate in the social, economic, and educational opportunities of the state and nation. In 2019, Texas small businesses employed 45% of the Texas workforce, a clear indicator of the essential role that entrepreneurs play in driving the social and economic opportunities of the state. The Texas High School Ideas Challenge aligns with the mission of the Texas public education system by providing high school students with a highly accessible avenue to engage with entrepreneurship as a potential career opportunity regardless of if a student pursues higher education.

Competition Goals

In addition to supporting the mission of the Texas public education system, the Texas High School Ideas Challenge supports the Mays Business School’s grand challenge of entrepreneurship and improving economic development by cultivating and empowering the next generation of Texas entrepreneurs. Blake Petty, Executive Director of the McFerrin Center for Entrepreneurship commented, “For twenty years, our Raymond Ideas Challenge has celebrated the ingenuity and entrepreneurial spirit of our Aggies here on campus. We’re excited to now expand our scope across the state, in support of these creative problem-solvers while they are still in High School. We can’t wait to see all the inventive new ideas from Texas’ next great generation of entrepreneurs!”.

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Dr. James Gaines, chief economist and director of research at the Texas Real Estate Research Center, and Research Economist Dr. Ali Anari have retired.

During his 15 years at the Center, Gaines specialized in housing and land development issues. He was the author of more than 50 Center reports and articles and the organization’s principal speaker.

Previously, Gaines spent 16 years with KPMG and Arthur Andersen providing real estate consulting services. He also served five years as president of the Rice Center, an urban research center affiliated with Rice University.

His decades of experience included a broad array of professional activities, primarily in real estate research and education, urban economics, land-use analysis and development, and project risk assessment. Gaines worked extensively with major corporations, developers, investors, financial institutions, and government agencies across the country.
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