Center For Entrepreneurship

Posted on February 8, 2012
By robertsonrw in Center For Entrepreneurship

Ever had a business idea but no platform to present it? Need a little push to make a big leap? Now is your time to shine.

The annual "Pitch Your Idea in 90 Seconds" contest is now accepting potential business plans from Appalachian State students. Maybe it's a music festival. Or selling socks online. Your idea could be judged strong enough for a $1,000 top prize. pitchyouridea09

The business bullpen is now open.

The morning of March 23, 2012, during the Celebrate Entrepreneurship at ASU event, the Center for Entrepreneurship will hold the annual Pitch Your Idea in 90 Seconds Contest. If interested:
  1. Come up with an original business idea (for profit or non-profit). It can be any business, any size, anywhere, but no franchises.
  2. Develop a creative name for your business, a brief description and an explanation as to why you think it is a good idea. Prove that this is a good idea with a little outside research.
  3. Submit your entry online no later than Friday, March 2, 2012.

The best 20 ideas will be selected and contest participants will be notified by Friday, March 9, 2012. Each of those 20 students will make their 90 second pitch on Friday, March 23 to a panel of entrepreneurs who will then vote on the best idea. The winner will receive $1,000! Other monetary prizes will be awarded to runners up ($500 for 2nd place, $250, 3rd place, and $250 for best presentation). Awards will be deposited into your ASU student account. For students who win awards and receive financial aid, award monies may be directly applied to those loans.

Here’s a worksheet to sharpen your acumen. [DOC] 

For more information, contact Contact Julia Rowland Boone in the Transportation Insight Center for Entrepreneurship (262-6196, rowlandja@appsate.edu / Raley 1016). Please note: All entrepreneur judges will be under non-disclosure to protect your idea.

 

Posted on November 14, 2011
By robertsonrw in Center For Entrepreneurship

UPDATE: The Elon Innovation Challenge was held Wednesday, Nov. 16. The Appalchian State team was one of 10 finalists. All finalists had their videos shown before an audience, which then voted. The Wood Welders won first place in both "Fan Favorite" and "Ingenuity" categories. The team won second place overall, as voted by a judged panel. The students were given $200 for the team awards ($100 for each) and $200 (2nd place award for judged panel) for the charity of their choice.


Wood WeldersLast Thursday entrants in an innovative think-quick contest were given their two-word assignment - Garbage bags. A four-day countdown then began for teams to not only create something of value from that everyday item, but also post a video on YouTube showing off their project. 

The contest is the Elon Innovation Challenge, overseen by the University's Student Entrepreneurial Enterprise Development (SEED) and the Doherty Center for Entrepreneurial Leadership. For the first time, a group of Appalachian State students are engaged in the competition, many of them active within Walker College's Transportation Insight Center for Entrepreneurship. Ryan Barringer, last year's Appalachian State student entreprenuer of the year, is the team leader.

Their idea was creative, and was borne of a simple problem - what to do when rent's due, and money's tight. 

The team, called the Wood Welders, explains their project.

"We twisted garbage bags into rope for the structure. We fused bags together to form panels for the roof/walls. Clear bags were used to create a skylight on the roof while white bags filled with air were used as insulation and illumination. Garbage bags filled with water helped keep the walls from blowing in the breeze. Very little tape was actually used in the final structure of the house. We mainly added it for looks/ safety in most places."

Video were due noon today, November 14. About a dozen have been posted

Judges will select three top awards from all entrants. Each team has a designated charity, which will receive a financial contribution. There's also a popularity component, with the three most liked submissions also receiving awards. Winners will be announced at the Elon Innovation Showcase  November 16 at 4:30 p.m.

 

Posted on October 24, 2011
By robertsonrw in Center For Entrepreneurship

Appalachian State University has announced the naming of the new Transportation Insight Center for Entrepreneurship within the Walker College of Business. The Center will expand resources and tools, so that emerging entrepreneurs can develop the skills they need to start their own businesses and drive the economy.

Transportation Insight logoTop state leaders, including N.C. Gov. Bev Perdue, say entrepreneurship is a crucial economic development tool for sustained growth. “Entrepreneurship will continue to play an important role in job creation in North Carolina,” Perdue said. “Nurturing budding entrepreneurs with support through programs and activities, such as those that will be provided students through the Transportation Insight Center for Entrepreneurship at Appalachian, will help ensure a prosperous future in our state.”

The Transportation Insight Center for Entrepreneurship was made possible by a private, $1 million gift. The center will be housed in Raley Hall in a 1,700-square-foot, contemporarily designed space that will include four offices, student lounge, meeting area and incubator office space to support students trying to launch their own businesses. The center will also support outreach services, programming and student travel to entrepreneurship competitions.

“This gift will be truly transformational for entrepreneurship education at Appalachian,” said Dr. Randy Edwards, dean of the Walker College of Business. “Transportation Insight is a great company and it is a pleasure to partner with them on this project that will benefit our students who have a shared dream of starting their own business.”

With a desire to mentor and foster entrepreneurial spirit, Transportation Insight, hopes the new center will enhance Appalachian’s reputation as a premier institution for entrepreneurship.

“We are honored to participate in the development of these future entrepreneurs,” said Transportation Insight Chief Strategy Officer Chris Baltz. “Their creativity and ingenuity will ultimately enable them to contribute to high growth businesses and create value for the American economy. That’s a real and measurable impact for emerging leaders in the entrepreneurial world of innovation and sustainability.”

Jayme Goodyear, president of the Association of Student Entrepreneurs (ASE) and a senior management major at Appalachian, hopes to start his own business after graduation. “I feel I can accomplish so much more now than I could have without the advisors and professors in this program. It has been quite a venture and I plan to take the experience and knowledge I have gained at Appalachian to pursue entrepreneurial ventures, both social and for profit, in multiple fields, creating jobs and hopefully building success that other entrepreneurs can build from as well.”

“Entrepreneurship has definitely been infused across campus with our students,” said Heather Dixon-Fowler, director of the Center and an assistant professor in the Department of Management. “More students are thinking about their futures and realizing they are going to need to create their own opportunities rather than rely on a job being there for them when they graduate.”

In addition to the support provided by the center, Walker College offers a B.S.B.A. degree in management with a concentration in entrepreneurship.

Transportation Insight has been nationally recognized by Inc. Magazine for its entrepreneurial excellence. Referring to the logistics industry as one of the country’s main economic engines, Inc. Magazine has ranked the Hickory-based third-party logistics provider as one of the fastest-growing privately held companies in the United States for the last four years in a row. Founded in 1998, Transportation Insight is among an elite group of Inc. 5000 companies experiencing significant and continuous expansion in years 10 and beyond of doing business. That positive trend reflects the company’s entrepreneurial commitment to quality continuous improvement, the creation of long-term business value and the development of sustained competitive advantage for its clients.

 

Posted on May 6, 2011
By robertsonrw in Center For Entrepreneurship

The Center for Entrepreneurship is seeking public input on a survey aimed at growing entrepreneurship in the surrounding area. It's a continuation of an earlier survey focused on the "buy local" movement and how intense it may be in Northwestern North Carolina. Called the "Exploring Entrepreneurial Opportunities" survey.Click here to complete survey

The survey, called "Exploring Entrepreneurial Opportunities," is online. It requires 10 to 20 minutes to complete. It is anonymous. It is also important for potential economic growth, according to a report in the Mountain Times newspaper.

“We need our community’s input on this project and hope to receive an abundance of completed surveys to draw conclusions from throughout our eight-county reach,” said Lisa Redman, external programs officer in charge of the center’s community outreach efforts. “Results of the survey will help the center and other economic developers create strategies to enhance entrepreneurial efforts that spark job creation and increase local buying, and may even shed light on new businesses opportunities that entrepreneurs could take advantage of.” ...

“Our local economy thrives on entrepreneurs,” said Julia Rowland, assistant director of the Center for Entrepreneurship in the Walker College of Business at Appalachian. “Successful local businesses create job opportunities and an abundance of benefits for workers.” 

 

 

Posted on April 1, 2011
By robertsonrw in Center For Entrepreneurship

One of the secrets to being a successful entrepreneur is to do something no one else is doing. And the Association of Student Entrepreneurs has done just that.

Welcome to the E-Store, the first student-run entrepreneur store of its kind in North Carolina. It had a packed house at its grand opening March 28, according to The Appalachian.

“Historically, you had to be a licensed vendor to sell on campuses, or anything, so it’s unique that we are enabling students to use their creativity to gain experience as an entrepreneur in the business world and to actually be allowed to sell and make a profit,” said Julia A. Rowland, assistant director for the College of Business.

The E-store represents Appalachian students’ leadership on campus and through the university. ...

The E-store sells items that vary from soap, T-shirts, cards, etched glass products, jewelry, bottle openers and Appalachian logo book supporters.

“We are hoping to double the items that we have in here,” Rowland said. “We are working on some art projects right now, [and] I would love to see more sustainable projects come into play. We want the entire campus involved in this.”

In addition to art and sustainable projects, there has been an interest from students who have music albums out. ...

“This serves as an incubator for student businesses, where they learn supply and demand,” Rowland said. “[For example], if there is a big demand for some T-shirts that are here, and there’s not enough supply, then that’s going to be a learning lesson to help them learn how to operate successfully in business.”

Student vendors will keep 85 percent of the earned profit, while 10 percent goes to the Appalachian Bookstore for its services and 5 percent goes to the ASE club for the oversight and staffing during the day.

Students interested in participating in the E-Store can find more information and an application online.

 

Posted on March 22, 2011
By robertsonrw in Center For Entrepreneurship

Ryan Barringer, an Appalachian State senior who started a successful video production company while in high school, was recently named the 2011 Student Entrepreneur of the Year by the Center for Entrepreneurship at Walker College.

His prize was a $2,500 scholarship award.

Ryan BarringerThe award was presented February 23 in front of 300 Appalachian students, faculty, staff, high school students and community members during the 2011 Young Entrepreneurs Symposium, sponsored by Back Yard Burgers. Barringer, who is majoring in Theatre Arts with a concentration in design/technology, was one of 15 nominations accepted from a variety of academic departments across campus.

He was selected as winner because of his outstanding entrepreneurial achievement in production technology, media design and business endeavors. Nine faculty members and business owners evaluated the nominations.

"Trying to juggle the demands of being a full time student, as well as helping to build a business has been an intense experience for me,” he said. “There have been rough spots in both school and work, and a lot of give and take in order to make both happen. I've missed a few classes occasionally in the name of work, and my GPA isn't exactly perfect, but I have gained enough real world experience and networked with numerous persons in the industry to make it a fair trade.”

Barringer says his entrepreneurial endeavors began at an early age when he “wanted to build things, wanted to be his own boss and wanted to help people.” He sold sunglasses and trading cards to friends in middle school. In high school he worked as a DJ and ran a concession business.

His professional entrepreneurial journey began in 2003. While still a junior in high school, he and a friend started Techinc Productions. A full-scale video production company based in Charlotte, it specializes in video and digital media production. It became a Limited Liability Corporation (LLC) in 2005.

By 2007, their work was going national. Technic produced a music video for American Idol contestant Bo Bice that debuted at No. 3 on VH1’s top 20 countdown. It later stayed at No. 1 on the countdown for three weeks. They also produced videos for the legendary metal band Dream Theater and international sensation Trivium.

Techinc has also produced commercials for a diverse list of corporate clients. Keynence, a multinational company based out of Japan, and EVI (now Li-ion Motors Corp), asked for help in unveiling their fully electric sports car, the Inizio, as well as the family-focused WAVE vehicle. The commercial aired nationwide and in Europe.

More recently, Ashley Furniture HomeStores approached Techinc to create a campaign with fresh, new advertising ideas. The resulting commercials scored Nos. 1 and 2 overall for “getting attention” in a regional study of effectiveness.

Techinc has placed in the top ten or better in several national TV series and music videos contests over the last several years.

“I'm only a small part of what goes on at my company,” Barringer said. “Without all the great people I work with and the hard work and creativity that is brought to the table, it wouldn't be worth it. We strive to make everything we do better than what we've done before.

“I am very grateful for these people, and the entrepreneurial opportunities that are available at Appalachian State University."

The other student nominees were:

Thomas Griffin, Senior Management major
Austin Lechner, Junior International Business and Spanish double major 
Alexandra Warren, Senior Entrepreneurship major 
Kerry Dunlap, Senior Theatre Arts major
Aaron Sherwood, Senior Entrepreneurship and Marketing double major
Jack Lafferty, Sophomore Recreation Management major
Cheryll Mathew, Sophomore Communication Disorders major
Christopher Cash, Sophomore Recreation Management major
Nicholas Seligman, Junior Management and Philosophy major
Brett Butler, Senior Appropriate Tech major
Christopher Howell, Junior Education major
Connor Holland, Junior Hospitality and Tourism major
Hannah Ferrara, Senior Studio Art major
Sarah Hostyk, Senior Communications major

 

Posted on March 16, 2011
By robertsonrw in Center For Entrepreneurship

Dale Tweedy Scholars

The inaugural class of Dale Tweedy Mentoring Program for Entrepreneur Scholars (2008).

"This was one of the top two most beneficial programs of my entire college career."

That's one testimonial from a graduate of the exclusive Dale Tweedy Mentoring Program for Entrepreneur Scholars, which is now accepting applications for the 2011-2012 program. Potential students must have an interest in starting their own business, non-profit, or creative enterprise. Ten new students will be selected. The deadline is March 31.

The program provides one-on-one partnerships between successful entrepreneurs and students to broaden students' opportunities for entrepreneurial success.  Mentors interact with the brightest and most motivated future entrepreneurs on campus, and serve as role models regarding college, career and life choices. They also focus on student development and attitudinal needs for today's workplace.

The Center for Entrepreneurship recruits the students and mentors. It matches them based on a student’s field of interest and a mentor’s expertise and/or location. It also provides opportunities throughout the school year for participants to interact.

To be eligible, students must be currently enrolled in any full-time undergraduate or graduate program at Appalachian, have a recommended minimum 3.0 GPA, and plans to graduate no earlier than Spring 2012.  Preference will be given to students at the junior level and above, but sophomores with exceptional qualities and motivation may apply.

Applicants are asked to please submit the following:

  • A current resume
  • Letter of recommendation from a faculty member
  • 2-3 page essay describing the business interest and why they would like to participate

Materials should be sent to Julia Rowland, either via email or traditional mail (Center for Entrepreneurship, Raley Hall, Room 1016 / ASU Box 32160, Boone, NC  28608). For more information, contact Rowland via email or at 262-8325.

 

Posted on February 14, 2011
By robertsonrw in Center For Entrepreneurship

A few years ago the mantra "too big to fail" gained prominence in the national economic dialogue. Now comes another one, its antithesis - "buy local to succeed."

"Buy local" is one of many goals driving economical development across the country. Late last year the New York Times reported the country's largest employer, Wal-mart, was going that route, focusing on "sustainable agriculture among its suppliers as it tries to reduce its overall environmental impact." Closer to campus, Appalachian State's Food Services recently announced it was seeking input on how to better "serve up more locally grown products to college students."

Click here to complete surveyPlenty of business opportunities are possible, and the Center for Entrepreneurship at Walker College is exploring that potential growth. Using a grant from the Z. Smith Reynolds Foundation and working with Appalachian State's Energy Center, the Center for Entrepreneurship has launched an Exploring Entrepreneurial Opportunities online survey. Its goal is to collect data about consumer purchasing patterns locally and regionally in northwestern North Carolina.

The online survey is open to the public until April 1

The survey asks participants what types of products and services they purchase and how often. It also asks where they are making particular purchases and why, according to Lisa Redman, external programs officer with the Center for Entrepreneurship.

“Our hope is that we can figure out why people are buying particular items within their community, somewhere else, or online, in an effort to create strategies to promote more local buying by improving existing businesses or creating new ones that offer what consumers want in their community,” said Redman. “There really isn’t any existing data like this in our region and we’re excited to see the outcomes of this survey. We also realize that this study is just a scratch on the surface of consumer purchasing patterns and the results will pose more questions that we hope to explore in the future.

“We aim to get a broad range of participants throughout our eight-county region, which consists of Alleghany, Ashe, Watauga, Avery, Mitchell, Yancey, Wilkes, and Caldwell counties," said Redman. "The survey is open to everyone in the region who is willing to take 15 minutes of their time to complete it with some thoughtful input."

Redman is working with Jason Hoyle, research analyst with the Appalachian Energy Center, along with numerous community partners. 

The Center for Entrepreneurship was established in 2006 and works to provide opportunities for students at Appalachian and people throughout our region to learn about entrepreneurship. The Z. Smith Reynolds Foundation was established in 1936 and works to “improve the quality of life for people in North Carolina."

 

Posted on February 1, 2011
By robertsonrw in Center For Entrepreneurship

Laugh, dance and learn. Three words to describe the upcoming Young Entrepreneurs Symposium (YES), scheduled for February 23.

LogosAlong with keynote speakers and talks by several active young entrepreneurs, the event's schedule recently added some entertainment. YES will open with a performance from members of the dance troupe Dust It Off, Inc. Comprised of some former and current Appalachian State students, the group combines hip-hop, break dancing, step and other dance elements to create a unique dance style called Krumping. 

Also performing is Chasing Parked Cars, an improv comedy group. A small group of friends with big ambitions, their performances involve stage exercises without scripts in front of audiences.

Three keynote speakers have been announced for YES. Brandon Adcock and Paul Reichelt, founders of Direct Digital, LLC, will address their personal story of how they have been able to generate tens of millions of dollars in sales in a year. Chris Yura will also speak. He is founder of SustainU Clothing, an American clothing company utilizing domestic labor and recycled fiber to create apparel for the collegiate community.

Space is limited for YES, which runs from 3:30 to 5:30 during Feb. 23 at the Broyhill Inn and Conference Center. It is open to the public, and attendees are asked to register online

 

 

Posted on January 11, 2011
By robertsonrw in Center For Entrepreneurship

 A documentary focused on businesses "going green" will open the 2011 Sustainability Film Series, organized by the The Office of Sustainability and the Department of Geology. The Center for Entrepreneurship, housed within Walker College, is sponsoring the movie, entitled So Right So Smart. It will be shown Tuesday, Jan. 25, at 7 p.m. in IG Greer.

Narrated by actress and environmentalist Daryl Hannah, So Right So Smart showcases a number of success stories in the green business movement, profiling companies large and small that have “made green by going green,” and taken positive steps toward a sustainable future. The film’s directors say, “Anyone looking for good news in the midst of our current environmental and economic crisis will be inspired by this story of leadership and hope.”

So Right So Smart has been awarded Best of Festival in Wild & Scenic Environmental Film Festival, Best Feature in Reel Earth New Zealand Film Festival, won the Official Selection in the Atlanta Film Festival and Starz Denver Film Festival.

 The movie trailer is online

 

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