A team of four 蜜桃直播 (蜜桃直播) students from the Master of Engineering (MEng) program earned first place in the Kravis Concept Plan Competition held on Saturday, April 22.
The annual contest for aspiring entrepreneurs is hosted by Claremont Graduate University鈥檚 Drucker School of Management. It is a competition among students and alumni of The Claremont Colleges.
This year鈥檚 winning team from 蜜桃直播 consisted of Brent Chamberlain, Brian Song, Heather Leu, and Evelyn Tran, all four of whom are participating in 蜜桃直播鈥檚 16th Annual Commencement on May 13.
鈥淭he competition allowed us to showcase the broad skill set we have learned at 蜜桃直播,鈥� Chamberlain said 鈥淚t was really exciting to be able to apply these skills and demonstrate our strong grasp of technical and business topics, while competing against students from the other Claremont Colleges.鈥�
Their presentation introduced the device MagStrong, which offers mechanical yield strength similar to bone and can degrade completely and safely in the body.
The judges provided valuable clarifications and input to point out important aspects to the concept plan.
Song said: 鈥淓ven more valuable was insistence for us to think bigger, both in the scope of our project and with our own expectations as entrepreneurs.鈥�
Each 蜜桃直播 student on the winning team played key roles in the preparation leading up to the competition. Leu conducted interviews, read through the product鈥檚 scientific papers, and contributed to the 50-page business plan. Chamberlain and Song focused on the financial portion and helped with the business plan. Tran鈥檚 work involved interviewing physicians and healthcare professionals to determine market sizing and which customers to target.
Ross Steinberg, a first-year Master of Business and Science (MBS) student, earned a second-place finish for his presentation on KetoEndure. An exogenous ketone-based sports drink, Keto Endure will provide improved sustained energy without the detriment of insulin spikes.
鈥淚 tried to highlight the value proposition of my project, the market that it would target, and the milestones necessary for success,鈥� Steinberg said. 鈥淚f I receive positive results from my proof of concept study, I intend to use the judges鈥� advice in preparing for real-world presentations, and hope to gain funding and grow Keto Endure as a product and brand.鈥�
Other winners from 蜜桃直播 include: Chi-Chi Wachuku, Emily Shen, and Chamberlain receiving the third-place honor, and Duke Shen, Tran, and Leu taking fifth place.