Contact: Aaryn Richard, Clare Hampel
East Lansing, Mich. — The Burgess Institute for Entrepreneurship and Innovation today announces the fifteen semifinalist teams selected to compete in its sixth annual contest, the Burgess New Venture Challenge (BNVC).
On Thursday, April 4, 2024, the Burgess Institute will host MSU's premier pitch competition at the Kellogg Center in East Lansing from 4 – 8 PM. The annual competition highlights top student entrepreneurs and celebrates Michigan State University's growing venture creation ecosystem.
"The Burgess New Venture Challenge isn't merely a competition," shared Paul Jaques, managing director for venture creation. "It's an immersive educational experience designed to foster student ventures. BNVC is crafted to nurture participants through a comprehensive journey, emphasizing critical thinking about their concepts. Students dedicate themselves to refining and mitigating risks associated with their ideas. They develop invaluable competencies through hands-on experiences in market research, customer discovery, and understanding supply chains. These skills equip students for success in advancing their startups and enable them to contribute to innovation within established companies."
2024's BNVC semifinalists will pitch their ideas during a private session before the student showcase opens to the public at 4 PM. With only five finalist slots available, student venturers must convince a panel of expert judges they have what it takes to compete for the $50,000 in total scholarship prizes.
BNVC requires student applicants to be competition-ready: To qualify to compete, students must enroll in the Burgess Institute's intensive Discovery and Launch programs, collect feedback from potential customers, business leaders, and venture coaches, and form collaborative teams around their submitted ideas.
“The Burgess New Venture Challenge allows entrepreneurial students to showcase their ventures to the campus and the local community. These students have put in extra time and effort conducting research, writing business plans, and validating their ideas above and beyond their regular academic schedules. I am honored to work with the Burgess Institute students and witness their accomplishments throughout their entrepreneurial journey," stated Lori Fischer, director of operations for the Burgess Institute.
INTRODUCING 2024’S BURGESS NEW VENTURE CHALLENGE SEMIFINALISTS
2024's Burgess New Venture Challenge semifinalist applicants represent six colleges and over a dozen disciplines of study. Here are this year's semifinalists:
BC Cosmetics
Katyra Waller, Eli Broad College of Business
BC Cosmetics is an innovative, first-ever non-oxidizing beauty brand created to simplify the makeup journey for the amateur makeup user.
Bros ‘n Dough
Gavin Green, Eli Broad College of Business
Bros 'n Dough's quality convenient breakfast helps consumers who want fast, non-processed options with real ingredients by crafting a stuffed bagel that adds value to their morning and time into their schedule.
Detroit Salsa Company
Finn Gomez, James Madison College
Paying homage to Corktown, Detroit, with a 4th-generation recipe, Detroit Salsa Company provides high quality, premium, and fresh "craft" salsa.
Dilemaa
Benjamin Kim, Honors College in Hospitality Business
Dilemaa is a vibrant social media platform that revolutionizes decision-making by leveraging the collective wisdom of a global community, focusing on light-hearted dilemmas for an entertaining and interactive experience.
FoxPufs
Shaurya Pandya, James Madison College
FoxPufs is a healthy snack you can always count on.
Motmot
Elliot Smith, Eli Broad College of Business
Motmot is a company specializing in using Autonomous Underwater Robotics (AURs) to inspect and manage underground water pipe networks, aiming to improve operational efficiency and reduce water loss for municipalities and water authorities.
Odin Classroom
Aman Dhruva Thamminana, College of Engineering
Odin Classroom is an online coding platform to reduce friction in computer science courses.
Passionett
Rainy Jain, College of Social Science
By harnessing the power of artificial intelligence, Passionett takes a personalized approach to help users discover industries that seamlessly align with their unique blend of experiences, skills, and passions.
PharmaBlue Labs
Chloe Katz, Communication Arts & Sciences
PharmaBlue Labs is a pioneering startup dedicated to advancing novel solutions for overlooked dermatological disorders, by leveraging cutting-edge technology and innovative ingredients.
Stchs by Amy
Amy Chong, Eli Broad College of Business
Stchs by Amy is a clothing company focusing on hand-beaded and embroidered Formula One merchandise.
Student Tutors
Christian Shaman, Eli Broad College of Business
Student Tutors are simply students helping students learn.
Targetist
Rohan Banerjee, College of Engineering
Targetist is an innovative AI-based universal task scheduler and project planner with a powerful, versatile, and adaptive engine.
Triple4s
Matt Rogien, Eli Broad College of Business
Triple4s is a high-tech pepper spray device that instantly sends out the user’s current location to their emergency contacts and emergency services when deployed.
YouLearn
Advait Paliwal, College of Engineering
YouLearn provides personalized and collaborative courses on any topic.
ZolliCandy
Alina Morse, Eli Broad College of Business
ZolliCandy is Zero-Sugar, Allergen-Free, KETO, Diabetic friendly, Vegan, & Kosher candy that cleans your teeth.
About the Burgess New Venture Challenge
The Burgess New Venture Challenge promotes entrepreneurship, leadership, and innovation at Michigan State University. The competition identifies strong Spartan startups, provides mentorship and team development workshops, and culminates in a year-end showcase event. The 2024 event will be on April 4, 2024, at the Kellogg Hotel and Conference Center in East Lansing from 4-8 pm. Find out more at eship.msu.edu/burgessnvc.
About the Burgess Institute for Entrepreneurship & Innovation
The Burgess Institute for Entrepreneurship & Innovation empowers students to learn through action by providing programs, courses, and resources to foster an entrepreneurial mindset, develop empathy, and create new ventures. Our program is designed to prime students to embrace failure mindfully, explore unknowns, and develop skills that matter. Find out more at eship.msu.edu.