The College of New Jersey students Pulkit Gupta and Sarah Sleiman created a company called Code the Future with the mission of increasing the number of science, technology, engineering and math graduates by running coding programs for students in grades two through eight.
They won first place in The College of New Jersey’s Mayo Business Plan Competition on the evening of April 3 and earned $30,000.
The Mayo Business Plan Competition began in 2011 to increase student appreciation for the challenge of developing a viable business.
Second place, with a prize of $20,000, was awarded to TCNJ students Ben Schulman, Thomas Holland, and Harrison Kelly for their creation of a company called Symbiotic Games, an
entertainment business that creates, develops, and publishes party games in a digital and tabletop format.
Meanwhile, The College of New Jersey students Sai Batchu and Justin Fernandez created a company called Sixth Sense. They developed lightweight headgear that uses ultrasonic technology to warn users of dangers outside their scope of vision through haptic feedback. They won third place and $10,000.
“We are doing this to expand and appeal to a greater market,” Fernandez said. “We believe college students are the most susceptible to attacks. We plan to bring in a self-defense expert and have him give basic self-defense courses.”
All the students in the competition created business plans that addressed revenue figures, expense figures, projected audiences for their services, projected growth, scalability, manufacturing, production, delivery, research, and development.