12/10/2024 | Press release | Distributed by Public on 12/10/2024 11:34
BOZEMAN - Montana State University students who presented their entrepreneurial ideas - ranging from oat-free granola to medical equipment - earned prize money totaling $10,000 at the annual Big Idea Challenge, held Nov. 7 on campus.
Twelve finalist ventures, chosen from 44 applicants, delivered pitches about their ideas during the competition, which was hosted by the Jake Jabs College of Business and Entrepreneurship and the MSU Blackstone LaunchPad. The teams included undergraduate and graduate students from seven colleges, including the Honors College.
During the competition, students pitched their ideas in four minutes or less to a panel of judges and answered questions to vie for the prize money. The judges were Marc Hamilton, vice president of solutions architecture and engineering at NVIDIA; Denay Solis, director of AI and strategic accounts at Oracle; Michael Mawn, a 2022 MSU graduate and founder and CEO of Posted and StandBy; and Brooke Lahneman, assistant professor of management at MSU.
Teams competed in four categories: agriculture and food innovation; social, cultural or climate impact; health and life science; and general product and services.
The teams and awards are listed below:
Agriculture and Food Innovation
Social, Cultural or Climate Impact
Health and Life Science
Product and Services
"We were impressed with the finalist pitches and the diverse experience on the teams, which included undergraduate and graduate students from so many different programs of study across MSU," said Trevor Huffmaster, director of the MSU Blackstone LaunchPad.
The MSU Jake Jabs College of Business and Entrepreneurship offers four undergraduate options of study - accounting, finance, management and marketing - as well as five minors - accounting, business administration, entrepreneurship and small business management, finance, and international business. It also offers a master of professional accountancy degree, a master of science in innovation and management, a business certificate and entrepreneurship certificate. This fall, the college reported an enrollment of 2,306 students.
MSU's Blackstone LaunchPad helps MSU students succeed in entrepreneurship and in their careers. Open to students, faculty and recent alumni in all majors, the campus-based LaunchPad provides mentoring, opportunities for participants to grow their networks and find resources to help their businesses succeed.