Joust New Venture Competition Archives | ŮAV News Central Florida Research, Arts, Technology, Student Life and College News, Stories and More Thu, 19 Feb 2026 14:18:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 /wp-content/blogs.dir/20/files/2019/05/cropped-logo-150x150.png Joust New Venture Competition Archives | ŮAV News 32 32 Forbes Honors ŮAV Entrepreneurs on 30 Under 30 List /news/forbes-honors-ucf-entrepreneurs-on-30-under-30-list/ Thu, 19 Feb 2026 14:30:11 +0000 /news/?p=150950 The engineering alumni behind Orlando-based startup companies Soarce and Capacitech are capturing attention with their innovative technologies in the green energy and manufacturing industries.

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UCF students don’t wait until they graduate to begin changing the world.

Emboldened by a campus culture of exploring “what if?” and the university’s support system of expertise and resources to back them, five Knights who started their companies while they were still students are making undeniable noise in their respective industries — so much so that Forbes just honored them on its annual 30 Under 30 list.

The UCF engineering grads are recognized among peers from the likes of Stanford, UC Berkeley, MIT, Yale, Princeton and Columbia.

Man in blue professional jacket and khaki pants holds black tube with wires on ends while standing in front of brick wall
Joe Sleppy ’18, CEO of Capacitech, appears on Forbes’ 30 Under 30 – Energy & Green Tech list. (Photo by Antoine Hart)

Joe Sleppy ’18 serves as CEO of Capacitech Energy, which is making supercapacitor technology practical by delivering plug-and-play, modular systems that eliminate power quality issues in data centers and microgrids responsible for downtime and equipment damage.

“UCF encouraged me to think outside of the box,” he says. “ŮAV is an innovative university because they’ll ask, ‘Why not?’ I think I share the same philosophy with running Capacitech. Let’s try it. The world is watching. Let’s use innovation and entrepreneurship to make it better.”

Four men sit on a gray couch side by side with plants on the ledge behind them
From left to right: Matthew Jaeger ’22, Mason Mincey ’23, Derek Saltzman ’23 and Patrick Michel appear on Forbes’ 30 Under 30 – Manufacturing & Industry list. (Photo courtesy of Soarce)

Mason Mincey ’23, Derek Saltzman ’23, Matthew Jaeger ’22 and Patrick Michel are co-founders of Soarce, which takes underutilized plant resources like hemp, seaweed and grass and transforms them into nanomaterials eight times stronger than steel.“We’re on pace to build what we feel is going to be the largest global nanocellulose production facility in the world,” Saltzman says. “And we are not afraid to say that and stand behind it. That’s a big dream, but that’s kind of what we’re here to do — make big changes.”

These grads all credit their rise in large part to the immense support and knowledge they gained from UCF’s and . ŮAV invested $10-20,000 of alumni-funded awards from the annual competition and UpStarts program to support their venture development.

“Capacitech and Soarce illustrate how investments in technology development and entrepreneurship education can work together to increase innovation diffusion and societal impact,” says Cameron Ford, William and Susan Crouse Endowed Professor of Entrepreneurship and Director of the Center for Entrepreneurial Leadership and Blackstone LaunchPad at UCF. “They also illustrate the arduous, fraught, years-long paths that entrepreneurs commonly travel when no one is watching to achieve ‘overnight’ success. We are immensely proud of the example they are setting for current and future Knights by combining their disciplinary expertise with entrepreneurial knowhow to positively impact others.”

To learn more about how these Knights are putting in the work today that is shaping the future around us, check out their stories (with video) on UCF Today:

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Joe Sleppy-Capacitech-UCF-Forbes Joe Sleppy, CEO of Capacitech, (Photo by Antoine Hart) Soarce cofounders (Photo courtesy of Soarce)
CyberColosseum Solutions Takes First Place at UCF’s 2024 Joust New Venture Competition /news/cybercolosseum-solutions-takes-first-place-at-ucfs-2024-joust-new-venture-competition/ Wed, 17 Apr 2024 15:28:46 +0000 /news/?p=140767 Three UCF cybersecurity enthusiasts won UCF’s 2024 Joust New Venture Competition on Thursday and earned $12,000 to grow their company, an immersive information security simulator that puts teams in realistic cyber warfare scenarios.

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Computer science major Harrison Keating, information technology major Noah Magill and cybersecurity master’s student Joshua Walsworth competed against three other teams in the Shark Tank-style competition at The Celeste Hotel.

With a mission to help user defend against cyber threats and safeguard companies from being the next victim their venture, CyberColosseum Solutions, is the first software company to win since 2015.

“Building out our product and discovering customers will be our main two focuses early on,” says Walsworth, who is a security engineer at Lockheed Martin. “Down the line, you can start to expect more businesses relying on our product to train their cybersecurity staff to become experts in defending against cyber-attacks.”

Similar to ABC’s Shark Tank, the four teams made their pitches to a panel of six judges, including Jacques Fu, founder of PETE Learning; Kevin Miller, president and CEO of Addition Financial; Mark Norato ’91, vice president of North American Partners in Anesthesia; Michael O’Donnell ’09, founder and CEO of MOD Ventures LLC; John Paccione ’95MBA, president of Red Horse Ventures; and Edward Schons, former president of the Florida High Tech Corridor and assistant vice president for university relations at UCF.

The Joust is UCF’s annual premier startup showcase event. It is hosted by the College of Business’ Center for Entrepreneurial Leadership and open to students of all majors. Competitors present their models for a viable business venture and compete to win money and other resources to pursue their venture. This event celebrates student entrepreneurs, introduces them to community leaders and provides key resources to help launch their ventures.

CyberColosseum Solutions was one of four finalists that emerged from a semifinal pool of 16. Unbound Disability Claims, represented by Rollins College student Samson Lachman and company founders Amanda McDonald and health sciences major Alyssa Wilbanks, created a Turbo Tax-like platform that streamlines Social Security Disability claims and finished runner-up, earning $7,000. ZuLeris Interactive, a team consisting of mechanical engineering major Liam Etan, computer science and mathematics major Jacob Noel, and photonic and electrical engineering major Zackary Zuniga, created an electromagnetic warfare virtual training environment that supplements live learning systems and took home $4,000 for third place. Emergency Insights, featuring Aref Abdala, Javier Arocha and Julio Wall Chirinos, aerospace engineering majors, and Sonia Alvarez, a mechanical engineering major, developed hazard awareness technology that evaluates the risks associated with any address and earned $2,000 in fourth place.

The 2024 Joust New Venture Competition was made possible by in-kind sponsors NPerspective, The Orlando Law Group, the Institute of Internal Auditors, Ecobyte, UCF’s Business Incubation Program and Think Integrated.

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UCF Students to Compete for $50,000 in 2024 Joust Business Competition /news/ucf-students-to-compete-for-50000-in-2024-joust-business-competition/ Wed, 10 Apr 2024 15:04:00 +0000 /news/?p=140635 The Shark Tank-style competition celebrates student entrepreneurs, introduces them to community leaders and provides key resources to help launch their ventures.

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Four UCF student teams will face off in the Joust New Venture Competition Thursday, April 11. With $50,000 on the line, the entrepreneurial students will present business proposals in industries ranging from insurance to cybersecurity before a panel of judges in a Shark Tank-style showdown starting at 2 p.m. at the Celeste Hotel on UCF’s main campus. The event is free and open to the public.

The Joust New Venture Competition is UCF’s premier startup showcase event hosted by the Center for Entrepreneurial Leadership in UCF’s College of Business and the Blackstone Launchpad. The event celebrates student entrepreneurs from various majors and all types of venture proposals, introducing them to community leaders and providing key resources to help launch their ventures. Competitors present their models for a viable business and compete to win money and other vital resources to pursue their venture. Previous competitors have gone on to appear on ABC’s Shark Tank and have launched successful businesses.

A panel of expert professionals representing corporate partners, area businesses and alumni will assess the students’ business plans. This year’s final judges will be Jacques Fu ’08, founder of PETE Learning; Kevin Miller, president and CEO of Addition Financial; Mark Norato ’91, vice president of North American Partners in Anesthesia; Michael O’Donnell ’09, founder and CEO of MOD Ventures LLC; John Paccione ’95, president of Red Horse Ventures; and Edward Schons, former president of the Florida High Tech Corridor and assistant vice president for University Relations at UCF.

Advancing beyond a roster of 16 semifinalists, here are the four teams competing in the Joust finals:

CyberColosseum Solutions

Team members: Harrison Keating, Noah Magill and Joshua Walsworth

CyberColosseum is a dynamic training platform that immerses information security teams in realistic cyber warfare scenarios. Facing simulations of real-world threat actors like those behind major breaches, a team can hone their skills in a custom environment that mirrors their company’s infrastructure. Unlike static content that quickly becomes outdated, this platform delivers up-to-date threats in a high-stakes practice setting. The mission: equip teams to defend against cyber threats and safeguard companies from becoming the next victim.

Emergency Insights

Team members: Aref Abdala, Sonia Alvarez, Javier Arocha and Julio Wall Chirinos

Emergency Insights revolutionizes hazard risk mitigation by providing precise assessments for both individuals and counties. For users, it offers insights into property risks, aiding in informed decisions about purchases and disaster preparedness. The annual hazard reports assist counties in strategic planning and resource allocation. Unlike existing solutions, Emergency Insights will provide up-to-date data, comprehensive coverage and user-friendly accessibility at an affordable price.

Unbound Disability Claims

Team members: Samson Lachman, Amanda McDonald and Alyssa Wilbanks

Imagine facing a shocking cancer diagnosis after seeking treatment for stomach pain, leading to job loss and financial strain. Applying for Social Security Disability (SSD) becomes a daunting task, taking hours to complete online only to be denied after months of waiting. Appeals bring no relief as savings dwindle, debts mount and health deteriorates. This struggle is all too common for 62% of SSD applicants. The solution: the Disability Claim Builder, which streamlines the process to secure faster approvals and much-needed benefits, much like what TurboTax does for people filing their taxes.

ZuLeris Interactive

Team members: Liam Etan, Jacob Noel and Zackary Zuniga

ZuLeris creates interactive electromagnetic warfare virtual training environments (VTE) to supplement live learning systems. In this constructive VTE, users can educate, train, and rehearse scenarios to accelerate learning and achieve superiority in their field.

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Eco-Friendly Activewear Wins 2021 UCF Joust New Venture Competition /news/eco-friendly-activewear-wins-2021-ucf-joust-new-venture-competition/ Tue, 13 Apr 2021 16:20:49 +0000 /news/?p=119431 The winning startup proposal in UCF’s annual version of Shark Tank aims to eliminate plastics and synthetic fibers in athletic wear.

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When UCF materials science and engineering students Mason Mincey and Derek Saltzman became fed up with plastics and synthetic fibers in athletic wear, they developed an entirely new fabric to solve the issue. The two students’ environmentally friendly clothing material and their company, Soarce, earned the top prize at the Joust New Venture Competition, UCF’s version of Shark Tank.

Soarce bested three other student ventures on April 8 to take home a $12,000 check and more than $25,000 in essential business services.

Mincey and Saltzman pitched Soarce to a panel of judges representing companies including Addition Financial, BBIF and Echelon Fitness Multimedia. The pair won the judges’ favor with a business model that leverages the existing competitive landscape of the athletic apparel industry. Instead of manufacturing clothing themselves, Soarce envisions a “fabric innovation platform” that allows retailers to weave their new fiber into a variety of products made by other companies.

“Soarce is separating itself as an eco-friendly, high performance brand that is attacking a niche consumer base willing to pay a premium to be early adopters,” says Saltzman, CEO of Soarce. “We envision other companies integrating our fabric into their clothing as an innovative way to manage body heat and moisture.”

Derek Saltzman and Mason Mincey
Derek Saltzman and Mason Mincey took first prize at this year’s virtual Joust competition.

Soarce aims to retrieve leftover plant matter from local suppliers and collaborate with a weaving partner to ship its proprietary fabric to athletic and industrial clothing manufacturers across the country. In addition to being eco-friendly, Mincey says Soarce’s fabric regulates body heat in an entirely new way.

“Most garments rely on complex weave patterns or coatings that eventually wash away. Our new fabric regulates body heat on its own,” says Mincey, COO of Soarce. “This keeps you cool longer and makes our fabric perform better than cotton or synthetic blends used by most manufacturers.”

The Joust is UCF’s premier startup showcase event presented by Echelon and features students of all majors. Competitors present their models for a viable business venture and compete to win money and other resources to pursue their venture. This year’s event marked the first time the Joust was held in a virtual setting, but the online format did not deter students from delivering some of the most impressive venture proposals in the history of the competition.

“It has been a tough 12 months and I have never been as proud of a group of students as I am for this year’s Joust competitors,” says Associate Professor Cameron Ford, director of the UCF Center for Entrepreneurial Leadership. “I’m pleased that so many students have remained engaged at the Blackstone LaunchPad and in UCF’s entrepreneurship community, particularly during such a trying time in the middle of a pandemic. The high-quality ideas and substance behind these ventures are simply off the charts.”

Management graduate student Marcos Crespo ’19 earned $7,000 as runner-up with his company Wallagio, which provides high-impact, removable interior wall decorations.

Management graduate student Davis Helsby of Connecthedocks earned third place and $4,000 for his idea to build a multi-sided, online platform designed to serve as the Airbnb of dock rentals. Criminal justice major Kelly Shea earned $2,500 for her company Leaklock, which produces a small gadget to prevent pump-type bottles from spilling while in storage.

The students’ venture proposals were assessed by a panel of business executives representing a wide range of corporate partners, local businesses and alumni. This year’s judges were Sean Hayes ’95, chief marketing officer at Voloridge Investment; Laurette T. Koellner ’77, corporate board member for Celestica Inc., Nucor Corporation, Papa John’s International, Inc. and The Goodyear Tire & Rubber Company; Lou Lentine ’93, CEO for Echelon Fitness Multimedia LLC; Inez Long ’98, president and CEO for BBIF, and Kevin Miller, president and CEO for Addition Financial.

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Derek-Saltzman-and-Mason-Mincey Derek Saltzman and Mason Mincey
UCF Graduates Win ‘People’s Choice’ Award at International Pitch Competition /news/ucf-graduates-win-peoples-choice-award-at-international-pitch-competition/ Fri, 26 Feb 2021 19:04:42 +0000 /news/?p=118014 Yaupon Brothers American Tea Company grows, processes and sells tea made from the yaupon holly, North America’s only naturally caffeinated plant.

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A tea company run by two brothers from UCF became the fan-favorite at a renowned entrepreneurship competition with international reach. Yaupon Brothers American Tea Company won the People’s Choice award and $5,000 at the Blackstone LaunchPad Pitch Competition on Feb. 23.

“It is always great to advance to the final round of any pitch competition,” Kyle White says. “This one does feel different as we are surrounded by some fantastic competition from ventures launched at schools such as UCLA, Cornell, USC and UC Davis. This event being in partnership with Blackstone and Google is also a bit surreal!”

Among a field of 60+ student startups from the U.S. and Ireland, Yaupon was selected as one of eight finalists to compete in the final round of the competition. In addition to the first-, second- and third-place finishers chosen by a panel of judges, viewers selected Yaupon as the winner of the People’s Choice award by casting votes online. The competition was held virtually as part of the Startup Grind Global Conference, an event that brings together leaders in technology and big brands on the forefront of innovation.

“Winning this award means a great deal for us,” White says. “Outside of the prize money, it validates our idea of using Yaupon to help Florida farmers while also providing a cleaner, more ethical and American-grown tea option. We are thrilled to bring home the award for UCF as this university has done so much for us.”

Yaupon tea is sold in more than 500 stores nationwide and is also carried by Amazon.

Founded by Kyle and Bryon White in 2012, Yaupon Brothers American Tea Company grows, processes and sells tea made from the yaupon holly. The slow-growing tree is North America’s only naturally caffeinated, antioxidant-rich plant and is also abundant in Central Florida. Earning more than $380,000 in revenue in 2020, Yaupon tea is sold in more than 500 stores nationwide and is also carried by Amazon. Four years ago, the brothers won the UCF Joust New Venture Competition with their business. Now, Kyle helps other students launch their ideas as a coach in UCF’s Blackstone LaunchPad powered by Techstars.

“The LaunchPad has helped us in every imaginable way, not just for this moment, but for every moment and challenge we have faced as a business,” White says. “Starting a business as a student can be scary and stressful. But there are so many resources at UCF. Between the free databases from the library, coaching from the LaunchPad, and utilizing your professors and the alumni network – there is an abundance of help.”

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Tech Startup Powered by UCF Alum and Professor Wins Trifecta of Awards /news/capacitech-energy-wins-trifecta-of-awards/ Thu, 30 May 2019 14:32:59 +0000 /news/?p=97950 Named one of the top 30 startups in the world, Capacitech Energy aims to improve efficiency and enhance performance of solar energy systems.

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A tech startup, founded by a UCF alumnus and a faculty member, has won $26,000 in competition prize money this month. These winnings, says the chief executive for Capacitech Energy, will go toward the company’s continued growth and future aspirations.

“Award funding buys a young company time. Time to negotiate a contract with better terms, time to further vet their plans, and time to accelerate their growth before taking dilutive capital.” says Joseph Sleppy ’18, the company’s CEO and a UCF electrical engineering graduate. “We would not be here without funding from sources, like competitions or grants. They bought us time to develop a product and prepare for our next steps. Non-dilutive funding supported the intellectual freedom and creative direction of Capacitech.”

Capacitech won $15,000 in the 2019 Cade Museum Prize, which challenges inventors and entrepreneurs to demonstrate a creative approach to addressing real-world issues. The company was awarded $10,000 from Space Florida in the seed-funding category of the Florida Venture Forum’s Florida Early Stage Capital Conference, one of the largest such gatherings in the state. Additionally, Capacitech received $1,000 at the two-day tech conference eMerge Americas!.

Capacitech produces cable-based capacitors, a thin, wire-shaped device that stores energy. When installed into solar energy systems, the device works with the system’s equipment to enhance performance, improve efficiency, and extend their operating life, which will reduce consumer costs. The concept behind cable-based capacitors was developed by Capacitech cofounder Jayan Thomas, a UCF nanotechnology professor and a specialist in energy conversion and storage.

“Since our beginning, Capacitech has been focused on using our technology to make the world a better place.” —  Joseph Sleppy ’18, Capacitech CEO

“Since our beginning, Capacitech has been focused on using our technology to make the world a better place. When I envision the future, I see cleantech. Capacitech’s cable-based capacitor is an enabling technology for cleantech and thus for the future, too.” says Sleppy. “Right now, Capacitech’s focus is solely on complementing residential solar power systems. Looking ahead, I see us complementing utility scale solar projects, too, as well as using our cable-based capacitors to energize a new age of electric vehicles, information technology backup power systems, medical technologies like exoskeletons, and space exploration, among a wide range of other areas.”

Earlier this year, InnoEnergy — the innovation engine for sustainable energy across Europe — named Capacitech one of the top 30 startups in the world. The company won first place in the Florida Venture Forum’s Collegiate Business Plan Competition and received a highly competitive NSF Grant last year. In 2016, Capacitech won the UCF annual Joust , a Shark Tank-like contest where UCF students pitch judges on business concepts.

Sleppy gives credit to a wide range of entrepreneurial-support resources at UCF for lending a hand into Capacitech’s growth and success. When he and Thomas established the company in 2016, they found assistance through the , the College of Business , and the . UCF has placed an institutional emphasis on fostering relationships between entrepreneurs and innovators that will produce business partnerships like Capacitech.

“It is clear that ŮAV is not just a university. It is part of an innovation and entrepreneurial community within a major metropolitan area that has been very inviting to up-and-coming companies like Capacitech,” Sleppy says. “Thanks to Florida’s innovation ecosystem, we have another $26,000 of funding to apply towards building a Capacitech enabled future.”

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How UCF Can Help Start and Grow Your Business /news/ucf-can-help-start-grow-business/ Fri, 04 May 2018 14:19:03 +0000 /news/?p=82577 Campus resources and support can help students of any major launch their dream business.

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Entrepreneurship is on the rise more than ever, with 28 million small businesses accounting for 54 percent of all sales in the United States last year.

While pursuing a business degree can certainly be helpful in starting a business, students from every discipline can find success in the free market.

Entrepreneurship allows students to solve problems in the world that they really care about,” says Kourtney Dinkins, operations manager at UCF’s Blackstone LaunchPad. “It’s your opportunity to follow your own path and beat your own drum and to solve a problem that is important to you.”

Whether you’re trying to grow your business or are stuck in the first stages of conception, UCF has resources that can help you to develop a thriving company. Here are a few of the services you can find on campus:

Coaching Through Blackstone

Located on the first floor of the Student Union, the Blackstone LaunchPad is the center for free business coaching and development. The first step to getting help is to go in and discuss your idea.

Entrepreneurship allows students to solve problems in the world that they really care about. It’s your opportunity to follow your own path and beat your own drum.”

From there, students are paired up with one of 15 mentors experienced in their field of focus. Coaches work one-on-one with students to guide them through innovation, business modeling and business-growth strategies. During this process students also become familiar with UCF’s Ideator system, a networking platform that allows students to share ideas, find partnerships and track their success.

Blackstone’s coaching and services are available to UCF alumni up to three years after graduation, as long as they had one appointment in the LaunchPad while they attended UCF.

One tip UCF’s Blackstone LaunchPad operations manager Kourtney Dinkins suggests before seeking help from Blackstone is to Google your idea to see if it already exists and to learn more about your competitors.

Building Products and Collaborations in the StarterSpace

Located on the first floor of Business Administration Building I, the StarterSpace provides 1,500 square feet of collaborative work areas. The space includes free access to a 3-D printer, whiteboards, sewing machines, electrical tools, software-equipped iMacs, an Oculus Rift virtual reality headset and a Vive virtual reality system to help students create prototypes for their businesses.

There is no need to apply or sign up to use StarterSpace or its resources. Students can stop by 8 a.m. – 9 p.m. Monday through Thursday or 9 a.m. – 4 p.m. Friday.

Experience and Funding Through Competitions

Each academic year, two competitions allow students to put their business planning skills to the test for the chance to win funding for their startup. Full- and part-time students are eligible to enter as individuals or in teams.

“A lot of times our students have never pitched their idea in front of investors, so [competitions are about] getting [that] experience.”

“A lot of times our students have never pitched their idea in front of investors,” says Dinkins. “They’ve never even created a pitch deck, so it’s getting the experience to be able to comfortably explain what your business idea is and why we should care.”

Every spring, the Joust New Venture Competition awards the top four competitors up to $75,000 in cash and services provided by local sponsors and donors. Contestants must successfully submit an application, present a 12-minute maximum business pitch and complete a 20-minute question–and-answer session with the judges.

In the fall, the Social Venture Competition rewards student who create an impact by solving social issues through entrepreneurship, with more than $4,000 in cash split among four winners. After correctly submitting their applications, finalists must present their eight-minute proposals and respond to four minutes of questioning from the judges.

Advanced Support Through UPSTARTS

Student businesses that have generated revenue for at least six months can get extra help through the UPSTARTS Student Venture Accelerator.

This program provides qualifying students with free office space, office equipment, advanced coaching resources and collaboration space. UPSTARTS Ventures will also have extensive access to the StarterSpace.

Teams of two or more students in good academic standing with UCF are accepted and typically demonstrate a focus to building their business. There is no set number of businesses that are accepted into the program, but usually 12-15 are supported each year.

Students must apply by the end of the spring semester to be eligible for support through the following academic year.

Online Resources

Using a  can help solidify your business plan. If you’re unsure how to fill out the chart, watch this  for some help.

For help with developing revenue streams, use a social blueprint.

For assistance creating a financial model, check out SCORE’s .

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Thor ORE Wins 2018 Joust New Venture Competition /news/thor-ore-wins-2018-joust-new-venture-competition/ Fri, 13 Apr 2018 20:53:02 +0000 /news/?p=82025 For Dylan Weitzman and Brandon Carpenter’s company, Thor ORE, the third time was the charm. After three years of applying for the UCF Joust New Venture Competition and failing to reach the final round, Thor ORE beat out the competition Wednesday to take home first place, a $12,000 check and more than $50,000 in business services.

On a Shark Tank-style stage with a panel of professional judges and in front of a live audience of more than 200 people, UCF senior Weitzman pitched his plan to mine and recover precious metals from contaminated lands and waste.

The two co-founders have collectively competed in dozens of entrepreneurship competitions and their persistence is what they believe sold the panel of expert judges on Thor ORE’s business model.

“We have plenty of experience in rejection and getting yelled at,” said Weitzman, a physics major. “We’ve been, basically, laughed at before on stage. So now we know how to present ourselves.”

Weitzman and Carpenter plan to use the competition winnings to expand Thor ORE’s mining operation in Alabama. The company’s appeal, according to Carpenter, lies in its proprietary extraction technology, which allows for eco-friendly mining of smaller, previously inaccessible amounts of gold.

“Eighty percent of gold exists at the atomic level,” said Carpenter, Thor ORE’s vice president of production. “Our competitors are going after the twenty percent they can see. We’re going after the eighty percent they are leaving behind.”

The Joust is UCF’s premier startup showcase event hosted by the UCF College of Business’s Center for Entrepreneurial Leadership and featuring students of all majors. This year’s event was held at the Morgridge International Reading Center on campus. Competitors present their models for a viable business venture and compete to win money and other resources to pursue their venture.

“I’m really proud of the Joust contestants this year,” said Cameron Ford, director of the UCF Center for Entrepreneurial Leadership. “I’m especially proud of Dylan, our grand champion. He has coached students at the Blackstone LaunchPad for three years and it’s really exciting to see him take what he has learned from coaching others and apply those lessons to his own venture.”

Ford said the judges pointed out how viable each of the competing proposals could be and commented on the excellent level of preparation by every student involved.

The Joust runners-up were Mason Mincey, Derek Saltzman, Gerardo Diaz-Silva, Garrett Hausman and Matthew Jaeger with SOAR Aerospace, a company that produces sleek, stylish, customizable and quality high-speed drone frames. They took home $7,000.

Shane Singh, Shi Hao Zhang, Akash Gajjar and Shivkumar Kaushik Murthy earned third place and $4,000 for their company, S Star Technologies, and its state-of-the-art respirator. Miracle Care Responders and the team of Jean Saint Jean and Ladeen Taylor ranked fourth for their idea to train, license and find jobs for Certified Nursing Assistants. They took home $2,000.

The students’ new-business-venture proposals were assessed by a panel of expert professionals representing a wide range of corporate partners, local businesses and alumni. This year’s judges were Carrie Callahan, ’94, managing partner at Galliard Capital Management; Sean Hayes, ’95, vice president of Business Development at Voloridge Investment Management; Mathy Hogan, ’87, executive vice president of administration at FAIRWINDS Credit Union; Charles Jorge, ’89, president and CEO of Premier Assurance Group; Patrick Vaughn, ’80, co-founder of Trivium Asset Partners, and Vince Virga, ’95, co-founder and CEO of SkillStorm.

This year’s presenting sponsors were Steve Felkowitz ’79, Jim Balaschak ’86 ’92, and Debbie Balaschak ’88. Additional sponsors included Burr+Foreman, DigiThinkIT, Anidea Engineering Inc., BDO, Nperspective LLC and Volo Foundation.

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4 Student Businesses to Vie for $75,000 in Joust Finals April 11 /news/4-student-businesses-to-vie-for-75000-in-joust-finals-april-11/ Fri, 30 Mar 2018 21:09:00 +0000 /news/?p=81644 UCF, Public Invited to Watch ‘Shark Tank’-Style Showdown

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Four student teams will battle for $75,000 in cash and essential business services Wednesday, April 11, in the finals of the Joust New Venture Competition. The 3 p.m. event, which is free and open to the public, will be held in the Morgridge International Reading Center on the UCF Main Campus.

The four teams remaining from the original 16 semi-finalists are:

Miracle Care Responders, LLC (Jean Saint Jean, Ladeen Taylor): Miracle Care Responders trains people for the Certified Nursing Assistant state exam, helps them get licensed and assists with staffing them where they want to work.

SOAR Aerospace, LLC (Mason Mincey, Derek Saltzman, Gerardo Diaz-Silva, Garrett Hausman, Matthew Jaeger): SOAR Aerospace LLC produces sleek, stylish and quality high-speed drone frames in a variety of colors, enhancing the drone racing experience.

S Star Technologies (Shane Singh, Shi Hao Zhang, Akash Gajjar, Shivkumar Kaushik Murthy): S Star Technologies designed a state-of-the-art respirator to better shield people against airborne pathogens.

Thor ORE (Dylan Weitzman, Glenn Wagner, Brandon Carpenter): Thor ORE has developed a process that allows them to recover and remediate metals from ore bodies and contaminated land. Thor ORE is able to mine several elements and separate them at once.

“This year’s semifinals competitors were some of the best we’ve ever had, primarily because the overall quality of entries was about as good as we’ve ever seen,” said Dr. Cameron Ford, director of the UCF Center for Entrepreneurial Leadership. “The judges commented on how close the decisions were and the top competitors are going to make our finals one to watch.”

The Joust is UCF’s premier startup showcase event, hosted by the UCF College of Business’s Center for Entrepreneurial Leadership and featuring students of all majors. Competitors present their models for a viable business venture and compete to win money and other vital resources to pursue their venture. The Shark Tank-style event celebrates student entrepreneurs, introduces them to community leaders and provides key resources to help launch their ventures. The Joust is open to all UCF students and all types of venture proposals.

A panel of expert professionals representing corporate partners, area businesses, and alumni assesses the students’ business plans. This year’s platinum sponsors are Steve Felkowitz ’79; Jim Balaschak ’86 ’92 and Debbie Balaschak, ’88. Additional sponsors include Burr+Foreman, DigiThinkIT, Anidea Engineering Inc., BDO, Nperspective LLC and Volo Foundation.

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4 Student Teams to Battle Friday for $75,000 in Joust Finals /news/4-student-teams-battle-friday-75000-joust-finals/ Mon, 17 Apr 2017 16:12:26 +0000 /news/?p=77136 Four student teams will face off for $75,000 in cash and essential business services at 3 p.m. Friday, April 21, in the finals of the annual Joust New Venture Competition. The finals sponsored by the College of Business are free and open to the public in the UCF Pegasus Ballroom in the Student Union.

The four teams remaining from the field of 16 semi-finalists in this year’s Joust competition are:

Earthy Creations (Jasmine Yamini, Akeem Sankey, Caroline Castille): Offers delicious, juicy, nutrient-dense dried fruit snacks as a healthy, tasty and earth-friendly alternative to unhealthy candy fruit chews and bland dried-fruit options.

EsportsEDU (James Kozachuk, Evan Frawley, Jesse Wang): The mission of EsportsEDU’s program is to provide competitive, community and academic programs for high school youth passionate about video-games.

Let’s C: Learning English (Mei Wang, Tze Fung, Lauren Polson): Let’s C is an online platform for real-time English language tutoring between tutors from English-speaking universities and students in Hong Kong. The project differentiate itself through focused curriculum and mutually beneficial university partnerships

Yaupon Brothers Tea (Kyle White, Bryon White): Yaupon Brothers Tea is a company focused on producing and distributing tea from the Yaupon Holly, a Florida native plant rich in anti-oxidants and North America’s only native caffeinated plant.

“This year’s Joust featured ventures proposed by some of the most creative and brave Knights on campus. Over 40 business leaders contributed their time and expertise judging these proposals,” said Dr. Cameron Ford, director of the Center for Entrepreneurial Leadership. “It was a great day full of learning, networking and celebrating.  In the end, four ventures advanced to the Joust finals, but all of the participants took an important step toward fulfilling their potential as entrepreneurial leaders.”

The Joust is one of the premier events of the UCF College of Business’s Center for Entrepreneurial Leadership. Students present their models for a viable business venture and compete to win money and other resources to pursue their venture. The Joust is open to all UCF students and all types of venture proposals.

The students’ business plans are assessed by a panel of expert professionals representing corporate partners, area businesses and alumni. This year’s presenting sponsors are Steven Felkowitz, ’79; DigiThinkIT Inc.; Burr+Foreman; and Jim Balaschak, ’86 & ’92, and Debbie Balaschak,’88. Additional sponsors include Anidea Engineering Inc., BDO, Nperspective LLC, and William Hendrickson Consulting.

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