Tarence Rice Jr., PhD student of Electrical and Computer Engineering joined Jones Graduate School of Business MBA students Saud Khan and Mohammad Uddin to take the top prize in the first annual 48hr Accelerator: Start-Up Business Competition.
Held on January 24-26, 2020, the event hosted by the Jones Graduate School of Business and the MBA Entrepreneurship Association invited 24 undergraduate and graduate students from across schools to listen to seven students pitch their ideas and persuade others to join their business team for the 48 hour competition.
After 40 hours, with help from 23 Rice alumni industry experts, the students pitched their business idea with business model, go-to-market strategy, prototype, and pitch deck to five Rice alumni judges for a chance at winning a $1,500 first-place prize or $500 second-place prize.
The experts were impressed with the students and their efforts and the judges were impressed with their pitches. The response was overwhelmingly positive from all involved.
Students mentioned that this was the only event where they could come in with nothing- no idea, no team, no experience- and leave with everything- experience, friends, exposure to expert alumni, networking opportunities, a risk-free environment to test their ideas, and a chance at a $2,000 prize pool.
The $1,500 First-Place Prize went to:
Apply for Me, with Saud Khan, Mohammad Danish Uddin, and Tarence Rice
The $500 Second-Place Prize went to:
Cancer Hunter, with by Zheng Liu and Zhenlin (Scout) Kan