The SMU Incubator has now moved to its new home in Expressway Tower, Suite 700!
October 29, 2018 | DALLAS (SMU) – SMU Big iDeas 2017 Pitch Contest winner Greg Guggenmos launches community bail fund to help free those awaiting trial with charges for nonviolent misdemeanors. Inspired by a New York program that provides bail money for indigent citizens, his goal is to ensure that bail and justice exists for everyone, even the needy citizens of Dallas. Since Dallas didn’t have a program like New York, Greg decided to do something about it – he made one. Thus the Dallas Community Bail Fund was formed.
Continue reading “The Price of Freedom”
October 15, 2018 | DALLAS (SMU) – The team at Big iDeas would like to officially announce Lisa Rawlins as the first staff member invited to join the SMU Incubator! Rawlins works at SMU as the Lead Academic Counselor for Football, and also runs her own business, Hello Cookies!
September 1, 2018 | DALLAS (SMU) – Driven to chauffeur change, Just Drive is an app that, by no accident, offers incentive-based rewards to users who stay off their phones while driving. Car puns aside, Just Drive founder, Big iDeas 2017 Pitch Contest and 2018 Business Plan Competition Winner, and WEDallas Mentor Neha Husein is using her personal story to connect with others and advocate for safer roads by reducing the number of accidents caused by distracted driving.
The app is set to release October 15th!
Continue reading “This Female Entrepreneur is Going the Extra Mile to Stop Distracted Driving”
“There is no greater teacher than experience.”
Nowadays, for entrepreneurship education, the traditional lecture-only approach is not enough. Jim Hart, Director of Arts Entrepreneurship at SMU, explains how educators should “flip” their classrooms and offer in-class experiential exercises.
August 21, 2018 | DALLAS (SMU) – As the first company to be based in the new SMU Incubator, Hamiz Awan and Richard Raizes, and their team of grads and undergrads, form Plutus21, a hedge fund invested in alternative assets and on a quest to become the “most reputable fund in Dallas”. With the goal to invest $100 million in cryptocurrencies, Plutus21 is seeking $5 million to $10 million in initial capital. Cryptocurrencies, invented as the first use of blockchain technology, are a digital currency that can be sent and received directly from person to person through a decentralized system and without a middle man. This team of “crypto kids” are pitching to Dallas’ traditional money that cryptocurrency is “this generation’s internet boom,” and not just a fad. According to Yahoo Finance, the value of just one bitcoin peaked just above $20,000 in December of 2017. Even though the price has fallen to $7,800, it did not deter the explosion of hedge funds focusing and investing in digital currencies and waiting for the next big wave.
July 17, 2018 | DALLAS (SMU) – As Dallas’s thriving economy grows, there is no question that it should not be known as a hub for innovation excellence. The six-month-long DFW Regional Innovation study found the economy thriving is a result from the “diversity of its industries, a skilled and growing workforce, a collection of accelerators and co-working spaces, investment capital, robust academic institutions, and top-ranked arts and culture scenes” (United Way Dallas). By focusing on four key areas – Talent, Collisions, Resources, and Impact, the DFW Regional Innovation Study makes recommendations for key stakeholders in the DFW region to maximize the region’s existing innovation strengths and drive growth. As an institution known for its diverse, talented, and entrepreneurial-minded students, there’s no wonder that SMU’s relationship with Dallas is vital to the city’s growth and vice-versa.
“The economic opportunity that Dallas provides is a major factor in recruiting ambitious, talented students to SMU from around the world,” said SMU Provost Steven C. Currall. “The entrepreneurial spirit thrives at SMU and in Dallas. This important study with our regional partners will foster a vibrant ecosystem that leverages connections between SMU research discoveries and commercial investment.”
Learn more about the DFW Regional Innovation Study and its results here.
June 8, 2018 | DALLAS (SMU) – Coming this summer, SMU’s commitment to innovation and the growth of new businesses in the Dallas-Fort Worth region will have a place to call home in the SMU Incubator, where students, faculty and staff will plan, produce and pitch their ideas for businesses and products.
The SMU Incubator will share space in the Foundry Club in Mockingbird Station, across Central Expressway from the SMU Main Campus. Foundry Club is an international organization that serves entrepreneurs and business professionals by providing members with business space, concierge services, and innovative programming. Because Foundry Club’s population consists of entrepreneurs and support teams engaging in start-ups, business accelerators, and investment groups, the shared location will provide networking opportunities for SMU entrepreneurs.