We just finished another exciting round of investor pitch walkthroughs today with three of our CSUF Startup Incubator‘s residents. Each of these residents have been incubating here for about half a year now and they have made some amazing progress. Each of these presentations followed the basic investor pitch formulation: 15 minutes presentation, 15 minutes of Q&A, PowerPoint presentation, etc.
Some pictures of today’s events can be seen below and if you are looking for a way to jumpstart your business take a gander at what the CSUF Startup Incubator has to offer by going here.
CSUF Entrepreneurship student, Amerika Bernal, along with a consortium of CSUF executives, directors, professors, and other students helped teach middle school children about Entrepreneurship and STEM.
With funding from the National Science Foundation, Center for Entrepreneurship Director John Bradley Jackson, CSUF Entrepreneurship students Amerika Bernal and Monica Mercado, along with other contributors from the CSUF community have been teaching seventh- and eighth-grade students STEM and entrepreneurial lessons. These students recently completed their year long program where they learned the technical and emotional skills necessary to succeed in a startup and in the executive suite.
Over the course of the school year these students learned many things, including:
- How to develop a minimal viable product (MVP)
- The iterative lean startup methodology for starting a business or project
- How to give a compelling fast pitch; a one minute long talk that sells your business concept to an investor/partner
- Why failing fast and being able to pivot are so important for all businesses
This year’s program culminated in a massive, district-wide event that was part celebration, part inspirational talking, and part science/business fair. Many of the students who participated in this program were in attendance showing off their business ideas to the gathered masses. A few of the more intrepid students even gave sixty second fast pitches, or, more informally, a short exegesis about about their business idea. Certificates were awarded and everyone in attendance seemed to really enjoy themselves.
Amerika Bernal, one of the student-teachers in this program, had this to say about her experience:
CSUF Entrepreneurship Alum, John Chi, accepting his prize at a recent fast pitch competition. Good job John!!!
This story is a bit old but we’d still like to take the time to recognize John Chi for yet another great achievement. Earlier this year, he participated and won the Funding the Big Idea 2015 competition. Hosted by TriTech, Funding the Big Idea is part competition and part symposium on how startups can raise capital. John faced 40 tough challengers at this competition. From John:
Funding the Big Idea definitely lived up to its name! It was a tremendous opportunity to interact directly with experienced investors and experts in alternative funding sources and to be able to learn from them. It’s so inspiring to meet so many fellow entrepreneurs sharing their passion, ideas and stories all in one place – and to reconnect with familiar faces still going strong! Everyone was so helpful and supportive. I’m so grateful to leave FTBI with so many new friends and connections. Many many thanks, TriTech!
John’s business is called Synova Life Sciences and he has wowed entrepreneurs and investors with his idea. Synova Life Sciences is a biotech company that is in the process of developing adult stem cell therapies to help people with arthritis and other chronic illnesses. Finishing in first place at the 2013 Business Plan competition and in second place at the first Titan Fast Pitch competition John has steadily developed his idea into the startup that it has become.
Here’s a video chronicling some of the talks at the Funding the Big Idea 2015 event (sorry, it doesn’t look like any of the fast pitches made it into the video but there’s still a lot of quality content there):
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