This summer the Darden Business Incubator is supporting 15 new businesses of Darden students and graduates. The Incubator supplies each entrepreneur with $13,000 in funding to support the development of these early-stage ventures, as well as expert advice from legal, marketing and technological communities. This is a great opportunity for MBA students interested in becoming entrepreneurs during their time at Darden.
Brief descriptions of each of the ventures in the Incubator this summer can be found below.
Pentricity: A service for municipal utilities and electric co-ops that designs and implements residential energy efficiency programming.
Cheeky Fly Fishing, LLC: Develops, manufactures, markets and sells fly fishing reels specifically designed for an emerging demographic of progressive fly fishermen.
501 Auctions: Helps non-profits run fundraising auctions.
Footprint Free: A service that helps restaurant and retail businesses go green and capitalize on the associated benefits.
Leslor: An internet consumer products company to help in solving global societal problems like information overload management, internet search and automated software development.
Bridal Brokerage: A company that will be re-selling cancelled weddings to couples looking for a wedding at a discounted price.
Apollo Water: Developing a low cost, easy-to-use water purification and desalinization system for use primarily in the developing world.
Legends Live Media Group-Legends Live Entertainment: A one stop shop virtual music store for users of computers and Android tablets and smartphones.
MobilizeArt: A website on which students (art, fashion, architecture, design, etc) and community artists can display and sell their original artwork at affordable prices.
Deal Stage: Provides “virtual closing list” software for law firms whose clients are primarily transactional in nature: investment banks, private equity firms, venture capital firms and commercial banks.
Pandia Capital: Seeks to acquire and operate a target business based on the established “search fund” model.
Job Simple: A software-as-a-service platform, Job Simple aids job seekers in organizing and executing throughout a job search process.
Mobile Motions: Developing a new product called SpatNav, which will allow users to control their phones through motion.
Aislert: Developing a web application to help brand managers at CPG companies build deeper relationships with their customers.
One2One: A social enterprise and organic snack food company that provides a sustainable business solution to the social problem of child hunger.
In the following video, Claire Bezdek (Class of 2011) talks about Darden’s entrepreneurship opportunities and how Darden got her ready to start her business, Voyage Advisors, in the Darden Business Incubator.
Charlottesville’s Daily Progress just featured an article, “Darden Incubator Uses Crowdsourcing to Consult,” about Kyle Hawke, a Darden Class of 2011 student, who is part of the Darden Business Incubator (DBI) this summer. Kyle’s company Whinot — a consulting firm for small businesses that matches clients with a team of consultants to answer marketing questions — is one of eighteen companies in the DBI this summer. The DBI provides students with entrepreneurship support, as well as office space and $13,000 in seed funding.
As we approach the end of Quarter 4, there are a variety of events going on at Darden:
Darden-UVA Business Plan Competition The Darden-UVA Business Plan Competition encourages the development of new business ventures by members of the Darden and UVA communities. This year’s competition, which took place on April 16th, drew a record number of submissions from Darden students and featured a diverse range of highly innovative business plans. A total of $15,500 in non-dilutive funds were awarded.
Earth Week 2010 Last week Darden celebrated Earth Week with a number of events, including a special First Coffee on Wednesday and a panel discussion organized by Net Impact at Darden on Tuesday. The panel discussed research and teaching on sustainability, as well as opportunities that exist for MBAs to build careers and add value to environmental sustainability.
Darden Cares 5K To close out the Darden Cup competition (a yearlong series of varied sporting and community events) Darden will be hosting a 5K race around the North Grounds of UVA this Sunday. In true Darden style — and to make the race a little more interesting — costumes are encouraged.
Batten Incubator Pitch Lunch Over 15 students entering the Darden Business Incubator (DBI) this summer pitched their companies to Darden faculty and staff yesterday. The DBI offers non-dilutive funding, advisory resources and a dedicated space for student entrepreneurs. For more information, watch the “Darden Business Incubator” video.