Three Texas A&M University-Kingsville Teams Advance in Coastal Bend Business Plan Competition
KINGSVILLE - January 18, 2013
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Three teams from Texas A&M University-Kingsville were announced as semifinalists in the Coastal Bend Business Plan Competition Wednesday, January 16.
The teams, comprised of students and faculty, are three of 15 teams who have advanced to Phase II of the competition, which aims to reward community entrepreneurship. Semifinalists are selected by a committee that includes business, community and industry leaders from the Coastal Bend area.
Semifinalists are selected based on business plan components that include defining the market problem, product/service idea, market served, customer value, revenue generation and economic impact for the Coastal Bend.
A&M-Kingsville teams selected as semifinalists reflect business ideas that range from designing a cloud service to conduct effective license exam preparation sessions, to developing a water reclamation system, to designing a water turbine system that can create electricity through hydropower technology.
“The Coastal Bend Business Plan Competition gives anyone a chance to move their dreams toward reality – and in the process help build the Coastal Bend economy,” said Dr. Stephan Nix, Dean of the Frank H. Dotterweich College of Engineering at A&M-Kingsville. “We are very proud to be co-sponsor.”
A&M-Kingsville teams include:
- G&G Sustainability (Jon Gorman, Denis Guleof)
- Operation Filtration (Leo Gates)
- TAMUK (Dr. Wei-Da Hao)
Semifinalists submit a more comprehensive business plan and present their proposal before a panel of judges in May. Results of the competition are expected to be announced on May 22.
About the Coastal Bend Business Plan Competition
The Costal Bend Business Plan Competition is a grassroots effort to support economic growth in the Coastal Bend region, including Nueces, San Patricio and Kleberg counties. It is sponsored by the Coastal Bend Business Plan Competition planning committee. The competition is administered through the Coastal Bend Innovation Center at Texas A&M University-Corpus Christi. According to the planning committee, the competition aims to support the best and the brightest entrepreneurial minds in the area. The goal was to inspire these entrepreneurs to start and build their business locally, rewarding the winner with a prize package of valuable services and expertise designed to jumpstart their business.
This page was last updated on: January 17, 2013