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STudent entrepreneurs

May 29, 2008

Yesterday I attended the Lexington Venture club. The presenters were student entrepreneur teams from the University of Kentucky. They were vying for small cash prizes. The three teams were:

Virtual GPS Tour Guide: (the winner) this is a PDA/smartphone based software program that would guide visitors around a university campus using GPS enabled maps. The software would allow you to pick the buildings/areas of campus that you would like to see and then will provide a walking route on sidewalks that will take to each of those areas and then back to the area with which you started. Future functionality will include voice commands, data on the buildings/areas with which you are interested, etc.  It also has application for parks, museums, visitor’s bureau’s etc.

UK Bar & Grill: This team wants to build a theme restaurant based on the university of Kentucky wildcats with a bar area, gift shop etc. Think hard rock café except for wildcat fans.  The future plans are to roll out theme restaurants throughout the country in college towns with rabid fans.

Healthy Kids: An after school, program for obese kids. The kids are assigned a health coach and then are taught healthy eating habits and put through a series of fun exercise activities. The centers would have classroom space, an activities area and a kid sized gym. The future plan is to roll out as a national franchise.

In addition two graduate students gave elevator pitches on their projects:

Klute-Johnson Industries: Industrial R&D firm, developed modular helicortal reluctance motor for use in industrial motors

Video game consortium:  founded by six grad students, this group is working to develop MMORPG  games with deeper game play mechanics.

Written by Richard Stump · Filed Under Blog, Venture Capital 

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