Four student teams combined winning pitches with solid business plans to earn $5,000 startup grants for their projects through SMU’s Big iDeas program on Jan. 30, 2015.
The four winning teams were chosen from a business plan competition featuring the winners of the Big iDeas Pitch Competition, which took place in October.
The projects were judged by a panel of volunteers from Executives in Action, a Dallas-area organization that helps strengthen North Texas nonprofits by matching them with senior-level executives for pro bono consulting services. The winners:
Beyond US Clothing (Hunter Rice and J.P. Buxbaum) – a for-profit clothing company that partners with charities to help underprivileged children in the United States by offering unique T-shirt designs for each partnership and donating a portion of the sales to charities with a focus on children and education.
Biolum Sciences (Edward Allegra, Miguel Quimbar and Jack Reynolds) – A smartphone-based imaging system that can detect the presence of asthma and reduce the current 40% misdiagnosis of asthma in the United States.
Out & About (Renita Thapa, Sam Hubbard and Raz Friman) – an app that promotes local businesses and organizations by showing its users what is going on in the community for easy planning, exploring and getting to know the area.
“The world needs big thinkers to address global challenges. It needs innovators to create solutions. It needs risk-takers to turn solutions into sustainable businesses. And at SMU, Big iDeas makes this happen,” said Engaged Learning Director Susan Kress, whose office also oversees Big iDeas.
The students will spend the next nine months developing their projects. They will present results in October 2015 at Big iDeas Demo Day for a chance to win another $5,000 to continue their work.