{"id":2199,"date":"2017-03-10T14:11:22","date_gmt":"2017-03-10T19:11:22","guid":{"rendered":"https:\/\/www.purdue.edu\/entr\/?p=2199"},"modified":"2021-12-20T08:59:18","modified_gmt":"2021-12-20T13:59:18","slug":"entr-students-place-top-12-in-competition","status":"publish","type":"post","link":"https:\/\/www.purdue.edu\/entr\/entr-students-place-top-12-in-competition\/","title":{"rendered":"ENTR Students Place Top 12 in Competition"},"content":{"rendered":"
<\/a>

Four Certificate in Entrepreneurship and Innovation Learning Community students competed at the Baylor University New Venture Competition where they presented their idea for a frozen yogurt kiosk, placing in the top 12. Team members pictured L-R: Henry Berkemeier, Bharat Agarwal, Aarti Panda and Marek Davis.<\/p><\/div>\n

Four <\/span><\/span>Certificate in Entrepreneurship and Innovation<\/span><\/span><\/a> Learning Community<\/span><\/span><\/a> students competed at the Baylor University New Venture Competition where they presented their idea for a frozen yogurt kiosk, placing in the top 12.<\/span><\/span><\/p>\n

The <\/span><\/span>Baylor New Venture Competition<\/span><\/span><\/a> is a three-day business plan and speed pitch competition promoting entrepreneurship. The competition is about coaching, connection, collaboration and new venture creation.<\/span><\/span><\/p>\n

Henry Berkemeier and Marek Davis, <\/span><\/span>industrial engineering<\/span><\/span><\/a>; Aarti Panda, <\/span><\/span>computer science<\/span><\/span><\/a>; and Bharat Agarwal, <\/span><\/span>management<\/span><\/span><\/a>, make up FroYo XPress, a fast casual frozen yogurt kiosk. <\/span>FroYo XPress brings a trendy, self-serve froyo experience to consumers at pre-existing, high-foot traffic retailers, disrupting the Frozen Yogurt Stores Industry which is currently dominated by brick and mortar froyo shops.<\/span><\/p>\n

\u201cInstead of going to a frozen yogurt shop, customers purchase and serve a desired amount of frozen yogurt at a kiosk, Berkemeier said. \u201cThe idea came about o<\/span>ne night in a freshman residential hall when Davis planned to refill his water bottle from the Harrison Grille. He found out that he couldn’t operate a simple machine only because of a locked door and quickly realized a need for automated food and beverage dispensing. That night we all went out for frozen yogurt and the collaboration began.\u201d<\/span><\/span><\/p>\n

FroYo XPress was one of 12 teams out of 166 selected for the finals. Competing against 11 teams from across the country was a rewarding experience for the team members.<\/span><\/span><\/p>\n

Panda said the team competed against many graduate student teams who spent several years researching and establishing a business plan for their idea. <\/span><\/span><\/p>\n

\u201cTo be an undergraduate team competing at this level was eye opening. We also learned a lot from other teams about presenting, networking and business creation.\u201d<\/span><\/span><\/p>\n

Berkemeier added the team applied what they learned in their entrepreneurship courses at the competition.<\/span><\/span><\/p>\n

\u201cThe competition judges were entrepreneurs and investors. We had to be ready to answer any question asked. We learned a solid business plan, a flawless presentation and the appropriate attire was needed from our entrepreneurship courses.\u201d<\/span><\/span><\/p>\n

Currently the team is continuing to compete in competitions and finalizing their business model to help grow their product. <\/span><\/span><\/p>\n

Writer: Sayde Uerkwitz
\nsuerkwit@purdue.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Four Certificate in Entrepreneurship and Innovation Learning Community students competed at the Baylor University New Venture Competition where they presented their idea for a frozen yogurt kiosk, placing in the top 12. The Baylor New Venture Competition is a three-day<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[34,35],"tags":[],"class_list":["post-2199","post","type-post","status-publish","format-standard","hentry","category-alumni","category-student"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/posts\/2199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/comments?post=2199"}],"version-history":[{"count":4,"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/posts\/2199\/revisions"}],"predecessor-version":[{"id":8079,"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/posts\/2199\/revisions\/8079"}],"wp:attachment":[{"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/media?parent=2199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/categories?post=2199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.purdue.edu\/entr\/wp-json\/wp\/v2\/tags?post=2199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}