College students Pitch Business Ideas to University Neighborhood

The University’s Pompea Enterprise Prepare EXPO was the culminating party of an progressive class that delivers alongside one another college students throughout all disciplines to create alternatives to authentic-planet complications, produce small business strategies, and pitch their ideas to a panel of judges.

January 8, 2021

By Renee Chmiel, Office of Internet marketing and Communications

The Pompea Organization Approach EXPO introduced collectively students throughout all disciplines.

Ashley Fiorianti ’24 desired to build a thing positive all through what has been a tough and demanding time for so many. She and her roommate created the concept for ConnectUs, a company that would help all those struggling from loneliness and despair throughout the coronavirus world wide pandemic.

Since patients in treatment services have not been equipped to acquire physical visits, she and her classmates created a way for clients to take a look at with loved ones. Attendees would don transparent hazmat fits, consider chemical showers, and vacation via a program of tunnels connecting the parking ton and safe and sound conference rooms. Fiorianti and her classmates recently pitched their notion for the duration of the University’s Pompea Small business Plan EXPO.

“My favored aspect of the EXPO was having to do something exterior of my industry of review and specific a thing I am actually passionate about,” reported Fiorianti, a psychology big. “I realized a great deal more about the business planet and how it all functions. I also uncovered about finances and how to operate a corporation.”

Image of Team H2O's business plan.
Staff H2O’s small business strategy would handle the will need for safe and sound drinking h2o in Ethiopia.
‘A really transformational studying experience’

Fiorianti’s workforce was a single of six that participated in the closing pitch competition, the culminating party of “Business and Entrepreneurship,” a class for pupils in all majors to function together to, this semester, design an innovative option to address a actual-globe obstacle related to water, electricity, foodstuff, and/or COVID-19. They collaborated to build a business enterprise approach, establishing capabilities this sort of as management and group presentation.

The teams have been picked from a dozen semifinalist groups representing the 140 students in the 9 sections of the course. They offered their business options to a panel of judges that provided Pompea Faculty of Company Advisory Board users Craig Douglas ’82 MBA and Jim Betzig as very well as advisory board chair Josephine Moran ’01 M.S., ’19 EMBA, a member of the University’s Board of Governors.

Learners also presented to their fellow students, as perfectly as alumni, faculty, and workers – including University of New Haven President Steven H. Kaplan, Ph.D.

Image of Ashley's hazmat business idea.
Ashley Fiorianti ’24 provides her business enterprise idea through the University’s Pompea Business Prepare EXPO.

“This software gives a really transformational studying knowledge for our college students,” he reported. “To have the prospect, as initial-calendar year pupils, to not only generate – but also pitch – a small business prepare to a panel of executives is pretty one of a kind and a little something college students really should be really very pleased of. I know that the expertise they have uncovered will serve them properly all through their time as Chargers and anywhere their occupations may possibly take them in the upcoming.”

Giliana Santaniello ’24 and her teammates proposed “Allied Collaboration Advertising,” a advertising and marketing organization serving tiny organizations. She stated it was a enjoyable and engaging finding out experience.

“I liked getting in a position to feel of a company concept and establish the information with my teammates,” she stated. “This encounter exposed us to a skilled environment in which we acquired to adapt and feel rapidly to reply queries and properly current information and facts.”

Image of Charles Pompea '71, '90 EMBA, '06 Hon. annoucning the winner of the expo.
Charles Pompea ’71, ’90 EMBA, ’06 Hon. announced the profitable workforce.
‘You are all winners’

Held via Zoom, the competition bundled a “crowd selection” part, a thing that was new to this semester’s EXPO. It was made to enable the audience to evaluate the pitches individually from the judges. Audience members had been to consider they had been delivered $100,000 to allocate to the many pitches, which were then ranked by the amount of money allotted to them.

“Quid Pro Grow,” a enterprise that would aim to lower food items squander by presenting a pickup company for composting, been given the greatest funding and was declared the group beloved. Team H2O, which would handle the need to have for protected drinking water in Ethiopia, was the team that the judges declared the winner. The judges and the crowd selected the identical two teams as the best two, but in reverse buy. The successful group as selected by the judges will have their identify engraved on the Pompea Business Plan EXPO Cup displayed in the Orange Campus lobby.

Charles Pompea ’71, ’90 EMBA, ’06 Hon., who, with his spouse Tamera, sponsored the plan, viewed the students’ displays and declared the winner. He told the learners he was impressed with their perform.

“You are all winners,” said Pompea, chair of the University’s Board of Governors. “You must be really very pleased of the get the job done you have accomplished. I am very happy to be here joining you.”