Auburn University’s Thomas Walter Center for Technology Management, along with the Business-Engineering-Technology (B-E-T) program and the new Auburn Student Inventor’s Club, recently held its second annual Invention2Venture (i2v) Apprentice Challenge workshop, a program that equips students with entrepreneurial skills. Twenty-one students on five teams heard from a panel of entrepreneurs and completed a 72-hour challenge to select a product or service, sell it on a football weekend and produce a profit using a $100 seed investment. Each team was required to return the investment, as well as provide evidence of their net profits over costs and original investment. Teams were evaluated by a panel of judges on profits, scalability, uniqueness and moral appeal. The first place team was awarded $1,000 for generating income by selling water, cookies, pretzels and milk to football fans on game day. The second-place team received $500 selling Auburn colored bracelet shakers to football fans, a picture taken with a team member painted as “Blue Man” and cake pops. This year’s workshop was sponsored by Wal-Mart Distribution Center, Auburn Research and Technology Park, Samuel Ginn College of Engineering, College of Business and the Thomas Walter Center.
Recent Posts
AUBURN ENGINEERING NEWS
- Professor in chemical engineering leads USDA grant to stir agricultural interest among middle schoolers October 30, 2024Virginia Davis is principal investigator on the USDA/National Institute of Food and Agriculture grant.
- A new era of research begins with NCAT’s 9th Test Track cycle October 30, 2024A new era of research and innovation has begun at Auburn University’s National Center for Asphalt Technology (NCAT) with the launch of its 9th Test Track cycle.
- Auburn University engineering alumnus makes $10M scholarship pledge to his alma mater October 28, 2024Jeff Hills, ’93 BSCE, recently established the Jeffery S. Hills Scholarship in the Samuel Ginn College of Engineering with a pledge of $10 million. The scholarship program will provide an estimated more than 300 scholarships to Auburn Engineering students during the next 20 years, making it the largest single commitment to scholarships in Auburn University […]