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Big Plans, Big Bucks

 

On April 6, three teams of TCNJ student entrepreneurs will square off in the finals of the Mayo Business Plan Competition. The goal is to convince a panel of judges that their idea is the Next Big Thing, and the stakes have never been higher. The prize pot has grown to $50,000, making it the richest among New Jersey business schools.

“The Mayo Business Plan Competition has had a campus-wide impact, attracting students from diverse disciplines,” said William Keep, dean of the TCNJ School of Business. “The size of the prize is an incentive and adds to excitement. We’re grateful to Professor Herbert B. Mayo for establishing and supporting the Mayo Business Plan Competition and Eric Szabo ’97 for his generous support.”

The competition, which is open to the public, will be held Wednesday, April 6 at 5 p.m. in the Library Auditorium.

For more on the competition, visit: business.tcnj.edu/events/2016-mbpc.

 

Meet the Finalists

 

Elementary Robotics is a non-profit organization that has a mission of inspiring elementary students to help them realize their potential. Elementary students participate in the team’s after school robotics program by learning how to build and program their very own robot to compete against others.

Team Members:
Dominic Edward Clark ’19 (Management – Sewell, NJ)
Skyler Maxwell ’19 (Electrical Engineering – Toms River, NJ)
Megha Rathi ’19 (Business Open Options – Wayne, NJ)
Sarah Sleiman ’19 (Business Open Options – North Brunswick, NJ).

 

Lions’ Laundry is a laundry pickup/delivery service geared towards college students. Laundry would be picked up at a student’s room and returned washed, dried, and folded in their personalized laundry bags. The business will function as a laundry brokerage service, partnering with Hamilton Washery and another local Laundromat to handle the wash and fold operations.

Team Members:
Greg Donohue ’17 (Finance – Manalapan, NJ)
Andrew Goodman ’17 (Economics – West Caldwell, NJ)
Peter Heltzel ’17 (Finance – Ewing, NJ).

 

Solar Divide is a solar energy technology company. Their product is a retrofitting solar energy device, which turns wasted heat energy on solar farms into electricity. Solar Divide envisions a future for solar energy where the solar spectrum is divided into regions, each of which can be used for a different solar energy application. 

Team Members:
Cody Combs ’16 (Physics – Absecon, NJ)
Nicolas Freschi ’16 (Philosophy, Physics – Verona, NJ).

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