Welcome!

News Feed Item

Semifinalists To Compete For $115K National Business Competition Chaired By Under Armour Founder And CEO

COLLEGE PARK, Md., Feb. 14, 2014 /PRNewswire-USNewswire/ -- Fourteen student startups were selected from nearly 150 nationwide entries to advance to the semifinal round in the 2014 Cupid's Cup Business Competition, presented by Under Armour founder and CEO Kevin Plank and the University of Maryland's Robert H. Smith School of Business. The entrepreneurs will present on February 20 at Under Armour's global headquarters in Baltimore, MD. The top five startups will compete for $115,000 in the final round to be held April 4 at the University of Maryland in College Park.

Semifinalists will travel from across the country to spend the day pitching their businesses and interviewing with the investors, entrepreneurship experts and Under Armour executives who will serve as judges. Plank and the judges will narrow the applicant pool to five finalists who will compete for a transformative prize package including $115,000 in total cash prizes ($75,000 for the grand prize winner), coaching from a team of successful entrepreneurs, in-kind services from leading edge companies, and the prestigious Cupid's Cup. Plank will also grant the 2014 grand-prize winner exclusive access to a member of his professional network.

The 14 semifinalists represent 11 universities across the nation and a broad range of industries. They are:

  • BaseTrace (Duke University) – a DNA-based fluid barcoding solution for tagging industrial fluids
  • CHAARG [Changing Health, Attitudes, + Actions to Recreate Girls] (Ohio State University) –  an organization aimed at igniting a passion in college-aged women for health and fitness
  • College Student Apartments (Texas Tech University) – a service to change how college students find apartments and list subleases
  • Compology (University of Maryland) –  a system that tracks what's in dumpsters to know when to pick it up and how much it's worth to increase hauler's margins by 50 percent
  • CrowdTunes (Duke University) –  a music marketplace powered from patrons' phones offering a free, turnkey music solution to bars
  • Disease Diagnostic Group (Massachusetts Institute of Technology– a biotech company that says it can save one million lives with just refrigerator magnets and a laser pointer
  • Encore (Georgetown University) – a company that synthesizes social data in actionable, bite-sized alerts for marketers at leading brands
  • Golden Gear Corp. (Syracuse University) – an equipment provider for professional boxers, mixed martial artists, and muay thai fighters
  • Imaginex (University of Maryland) – a tech company that develops and provides large interactive media displays for events and brands
  • Kohana (The Johns Hopkins University) – maker of a new type of breast pump, The Gala Pump, that women can discreetly wear
  • Million Dollar Scholar (Morehouse College) – an ed-tech social venture utilizing a web-based platform to educate high school/college students and ex-offenders on how gain scholarships and avoid student debt
  • Rehabtics (The Johns Hopkins University) – a software developer using customized motion-controlled video games for physical rehabilitation
  • SEG (University of Nevada, Las Vegas) – an apparel maker that connects sports fans to the game through sound
  • Wheel Shields (University of Maryland– maker of a longboard skateboarding device that improves safety, keeps riders dry, and lets skaters perform new tricks

Plank and the Dingman Center for Entrepreneurship, part of the Robert H. Smith School of Business, hosts the annual Cupid's Cup as a culmination of the support it provides students to start and grow businesses. The Dingman Center provides students with opportunities to pitch their business ideas, receive feedback from experienced entrepreneurs and access to funding. Cupid's Cup was inspired by a rose delivery business Plank started as a student at the university. As a member of the football team he wasn't permitted to have an outside job, so he turned to entrepreneurship as a way to pursue his business interests. Plank worked with the Dingman Center to create and lead a business competition to foster similar student entrepreneurship.

The competition was open to undergraduate and graduate students enrolled at accredited U.S. colleges and universities or recent alumni of those institutions. Applicants had to prove they are running a legal business entity that has generated at least $5,000 in revenue or provide demonstrated proof of traction.

More information about the competition is available at www.cupidscup.com.

About Kevin Plank
As a special teams captain for the UMD Terrapins football program in 1995, Plank was tired of having to change his sweat-soaked shirts over and over again throughout his two-a-day practices. His frustration led to an inspiration for a better kind of T-shirt—one that could wick sweat and keep athletes cool, dry, and light instead of overheated, drenched, and weighed down. Upon graduating from Maryland in 1996 with a bachelor's degree in business administration, Plank started to turn his idea into a reality and, as a result, began redefining the way athletes dress. After 17 years of outfitting athletes with the world's most innovative performance apparel, footwear, and accessories, Plank now oversees a company with over 7,000 employees worldwide that reached $2.3 Billion in revenues at the end of 2013. True to his vision in 1995, Plank and Under Armour remain committed to empowering athletes everywhere.

About the Dingman Center for Entrepreneurship
The Dingman Center has been at the forefront of entrepreneurship education and practice for more than 25 years. The Center's primary activities include helping students build their ventures, creating experiential learning opportunities and providing regional entrepreneurs with access to capital. Within the region, the Center operates Dingman Center Angels, the area's most active angel investor network with more than 40 members and 30 companies funded since 2005. More information is available at www.rhsmith.umd.edu/dingman.

About the Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and part-time MBA, executive MBA, online MBA, MS in business, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.

Contact: Carrie Handwerker
301-405-5833
[email protected]

SOURCE Robert H. Smith School of Business

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, will describe how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launchi...
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
Transforming cloud-based data into a reportable format can be a very expensive, time-intensive and complex operation. As a SaaS platform with more than 30 million global users, Cornerstone OnDemand’s challenge was to create a scalable solution that would improve the time it took customers to access their user data. Our Real-Time Data Warehouse (RTDW) process vastly reduced data time-to-availability from 24 hours to just 10 minutes. In his session at 21st Cloud Expo, Mark Goldin, Chief Technolo...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, will lead you through the exciting evolution of the cloud. He'll look at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering ...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, will discuss how from store operations...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
The session is centered around the tracing of systems on cloud using technologies like ebpf. The goal is to talk about what this technology is all about and what purpose it serves. In his session at 21st Cloud Expo, Shashank Jain, Development Architect at SAP, will touch upon concepts of observability in the cloud and also some of the challenges we have. Generally most cloud-based monitoring tools capture details at a very granular level. To troubleshoot problems this might not be good enough.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
We all know that end users experience the Internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices – not doing so will be a path to eventual b...
In the fast-paced advances and popularity in cloud technology, one of the most critical factors revolves around concerns for security of your critical data. How to assure both your company and your customers they can confidently trust and utilize your cloud environment is most often top on the list. There is a method to evaluating and providing security that exceeds conventional modes of protecting data both within the cloud as well externally on mobile and other devices. With the public failure...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they b...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.