Northeastern Awards $5K to Student Ventures Launched Out of the Husky Startup Challenge
BostInno - 11/20/2013
At the beginning of the fall semester, students dove into the Husky Startup Challenge with an idea. Fueled by a relentless entrepreneurial energy, however, the participating pool transformed their ideas into 19 different ventures — all of which were put on display at Northeastern Tuesday night.
“The amount of things I’ve seen today that didn’t exist at the beginning of the semester is phenomenal,” acknowledged Nick Naraghi, president of Northeastern’s Student Government Association.
Hosted by the University’s Entrepreneurs Club, with the help of Northeastern’s Center for Entrepreneurship Education, the D’Amore-McKim School of Business and the school’s student-run venture accelerator IDEA, the Husky Startup Challenge awarded $5,000 to students with minimum viable products exemplary of three months’ of hard work.
Attendees applauded the efforts of Stowaway, the “AirBnB of storage, pairing those who need storage with those who have it.” The startup, launched by Chris Touma and Brian Schwartz, won the $500 Audience Choice Award.
As far as resources go, though, funding is only the beginning. Prior to announcing the third-place team, Dan Gregory, co-director of the Center for Entrepreneurship Education, told students the University will be introducing an entrepreneurship minor next year, as well as a student-run design agency out of the College of Arts, Media and Design to support ventures going through the Husky Startup Challenge and IDEA.