March 1, 2022
Contact: Aaryn Richard, Karina Stankowski
East Lansing, Mich. — The Burgess Institute for Entrepreneurship and Innovation today announces the fifteen semifinalist teams selected to compete in its fourth annual contest, the Burgess New Venture Challenge (BNVC).
On April 7, 2022, the Burgess Institute will host MSU's premier pitch competition at The Graduate 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 is more than a competition," said Ken Szymusiak, managing director of academic programs for the Burgess Institute. "This is high-stakes experiential learning. These fifteen semifinalists must prove their ideas are viable; the market demands their solutions; and, ultimately, their value propositions hold up to scrutiny."
2022'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 will need to convince a panel of expert judges they have what it takes to compete for $44,000 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 venture creation programs, collect feedback about their ideas from potential customers as well as business leaders and venture coaches, and form collaborative teams around their submitted ideas.
"BNVC is a competition that supports student venturers from concept to pitch," said Paul Jaques, managing director of venture creation for the Burgess Institute. "The BNVC experience ensures students are thinking critically about their ideas. They spend time refining and derisking. They are building skills through action: market research, customer discovery, supply chain — these are essential skills that bring value to their futures, whether they pursue their startups or join established firms and innovate from within."
INTRODUCING 2022’S BURGESS NEW VENTURE CHALLENGE SEMIFINALISTS
2022's Burgess New Venture Challenge semifinalist applicants represent eight colleges and over a dozen disciplines of study. Here are this year's semifinalists:
AlterNut
Applicant: Grant Petrucci (petruc15@msu.edu), College of Communication Arts & Sciences
AlterNut provides clean food for healthier living with delicious, heart-healthy, vegan, organic, all-natural, peanut-free, gluten-free, soy-free, and dairy-free trail mix that has no cross-contamination.
Branching Out
Applicant: Avery Tilley (tilleyav@msu.edu), College of Agriculture & Natural Resources, College of Natural Science, Honors College
Branching Out is your supplier of fully customizable, grafted fruit trees yielding sustainable and organic peaches, plums, lemons, and more, all from the same single tree growing comfortably in your living room.
Empyre Webs
Applicant: Jason Israilov (israilo1@msu.edu), College of Engineering
Empyre Webs is a software/web development firm tackling the problem of streamlining communication between clients and developers by consolidating information onto a centralized and integrated CMS.
Fello
Applicant: Danielle Tice (ticedani@msu.edu), College of Arts & Letters
Fello is a peer-to-peer location-based app that establishes creative ecosystems from the digital to the physical world by encouraging and facilitating collaboration and connection among creatives.
Foreign House
Applicant: Siham Hassan (abdall57@msu.edu), James Madison College
Foreign House is a one-stop social media powerhouse that provides top-quality social media services spread across various segments, including a magazine, film studio, streaming services, and music record label.
GradPhinDer
Applicant: Laurisa Ankley (ankleyla@msu.edu), College of Natural Science
GradPhinDer provides biomedical graduate programs 24/7 access to find and connect with prospective applicants serving as an all-in-one tool for graduate recruitment, streamlining the process, and breaking down the barriers of academia.
HighFun
Applicant: Shu Pan (panshu@msu.edu), College of Communication Arts & Sciences
HighFun is an app to help Chinese people abroad to get more information and make friends. HighFun will help Chinese people to overcome language barriers and have a great travel experience when studying in the US.
OG's Bakery
Applicant: Olivia Gargett (gargetto@msu.edu), Eli Broad College of Business
OG's Bakery is a custom cake pop company with the mission to spread sweetness at small and large events that not only taste and look amazing but provide an experience for customers.
Remy
Applicant: Christian Nderu (nderuchr@msu.edu), College of Arts & Letters
Remy is a cross-border payments platform connecting wallets and businesses globally using blockchain technology and an existing network of global, major financial institutions as a medium.
Soup N' Sip
Applicant: Olivia Simone (simoneol@msu.edu), Eli Broad College of Business
Soup N' Sip is a walk-up and drive-through venture that caters to busy people on the go in need of a fast and easy satisfying meal with spoonless sippable soup.
Spartan Miners
Applicant: Ethan Hopp (hoppetha@msu.edu), College of Engineering
Spartan Miners is a better solution to cryptocurrency mining and expanding your mining power. We have created a sleek, closed-design computer case meant to replace your desktop PC so you can play games, go to class/work, and make money simultaneously.
Subleasify
Applicant: Bryan Lendzion (lendzio9@msu.edu), Eli Broad College of Business
Subleasify is an innovative, web-based platform that seamlessly connects property management companies, tenants, and subtenants, allowing all three parties to finalize sublease agreements.
TalleyJobs
Applicant: Shreesha Maddur (maddurs1@msu.edu), College of Engineering
TalleyJobs is a job board website that solves the inconvenience, repetitiveness, and significant time commitment of the job searching process by automating and optimizing it through a matchmaking algorithm.
The Cut Cookbook
Applicant: Madison Marsh (marshmad@msu.edu), College of Agriculture and Natural Resources
The Cut MI is a cooking, health, and wellness brand that emphasizes the importance of shopping local and sharing the beauty that Michigan has to offer, and the brand's cookbook has over 100 fun, simple, and stress-free recipes.
UniServices, LLC
Applicant: Adam Green (greenad4@msu.edu), College of Law
UniServices is the Uber of odd jobs, using a mobile and web app to connect college students to residents in their communities to complete everyday chores.
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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. 2022's event will be on April 7, 2022, at the Graduate Hotel in East Lansing from 4-8 pm.
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.