CORPUS CHRISTI, Texas – Four students from Texas A&M University-Corpus Christi were selected to participate in the Aggieland’s 3 Day Startup (3DS) for Fall 2014 to help foster the new Entrepreneurship program at the Island University.
The following students, who were chosen to join the 3DS, represent Texas A&M-Corpus Christi’s the College of Business, College of Science and Engineering, and the Department of Psychology and Sociology:
Three of the students completed the pre-incubation program at the Coastal Bend Business Innovation Center, which provided them with the tools to participate at 3DS. David Fonseca, Incubator Manager of the Innovation Center, oversaw the students and accompanied them to College Station, Texas.
The 3DS was held from November 7-9 at the Aggieland Student Incubator in College Station. The program fosters entrepreneurial skills in an extreme hands-on environment and provides cross-disciplinary students the tools they need to start successful companies. A total of 150 applications were received for 3DS, and 50 of those were selected to participate in the 3DS Weekend.
The three-day program began with participants presenting a 30-second pitch in front of 50 selected students who voted for the top seven most feasible ideas. Students whose ideas were chosen recruited an e-team that developed a business model, market validation, and prototype and helped prepare the final pitch. The last day of the event culminated with each team presenting their product pitch to a panel of accredited investors and accomplished entrepreneurs who served as judges and offered constructive feedback.
Three of the four Islander students pitched their ideas. Jeremy Cripe, who had one of the top seven best ideas, went on to the next round after the initial 30-second pitches. Cripe and his e-team went out into the community and talked with 30 people to validate the viability of his idea. After receiving feedback from the panel, Cripe and the other finalists refined their pitches and prepared to present to accredited investors at Seed Sumo, an accelerator at College Station that provides 100 day boot camp for startups.
The 3DS has spread to more than 90 programs across four continents and has helped launch nearly 50 companies which have collectively raised $15 million in investor capital. The program was proposed at the Island University. Its model will encourage the Coastal Bend entrepreneur community to learn by doing and will encourage student startups and the next generation of entrepreneurs to take their ideas to the next step.