Georgetown MBAs Support Local Community During COVID-19 Pandemic
April 9th, 2020
Georgetown McDonough MBA students are continuing their commitment to the community and the university ’ s mission of service to others by participating in vol…
Posted in News Story | Tagged DC, Georgetown Entrepreneurship
Georgetown Entrepreneurship’s Summer Launch Program at Georgetown University’s McDonough School of Business hosted nine entrepreneurial ventures this summer in its startup incubator program.
Now in its ninth year, the eight-week program is designed specifically for current Georgetown students and recent graduates who want to launch a new venture. The nearly one dozen students and alumni receive dedicated support from Georgetown faculty, mentors, and other experienced entrepreneurs; work space in the Georgetown Venture Lab; a stipend to support their efforts; introductions to local investors and entrepreneurs; invitations to exclusive networking events; and the opportunity to present their ideas to the D.C. entrepreneurial community.
At the end of the program, the teams presented their work at a showcase event held at the Georgetown Venture Lab, located at WeWork Metropolitan Square, on Thursday, July 25.
This year’s companies include:
ABG Elite Homes LLC: ABG Elite Homes LLC is a real estate investment company that will accumulate capital through a number of investment strategies to reinvest and revitalize underserved communities. It is led by Dyzhanay Burton (C’18, SCS’20).
Delegate Dash: DelegateDash is a software startup that provides powerful, modern, intuitive web-based apps to streamline every step of the Model United Nations conference process. It is led by William Mortimer (C’20), who received the Rocket Pitch Award consisting of $2,250.
Farley Craig Capital: Farley Craig Capital is a small business platform based in Washington, D.C. that invests in underrepresented entrepreneurs. In understanding the unique challenges facing these founders as they seek to build their ventures, Farley Craig Capital was founded to provide the resources these entrepreneurs need to successfully scale their companies. It is led by Dennis Craig II (L’19).
Light After Death: Light After Death (LAD), the world’s first solar-powered illuminated monument company, is a new futuristic patented expression for memorials providing a beautiful and secure final resting place for your loved one. It is led by Fax Victor (C’19), who received the Spirit of Georgetown Award consisting of $1,000.
Nomads Gym: Nomads Gym is a fitness app that allows its users to access thousands of sports facilities and only pay for the time they spend there without any membership, commitment, or cancellation fees. It is led by Ahmed Hadi (MBA‘19).
Roundtable: RoundTable connects local elected officials with constituent feedback to help cities work for everyone. It is led by Michael Healey (C’21), who received the Rocket Pitch Award consisting of $2,250.
Sohby Squash: We offer high-performance squash coaching to help you up your game on and off the court. It is led by Omar Sohby (MBA’19).
Teff Bar: A nutritional energy bar that incorporates teff—an ancient grain native to Ethiopia that is high in protein, fiber, and essential vitamins and minerals. Teff Bar is a unique, incredibly delicious, and satisfying snack with a mission to donate all profits to organizations dedicated to improving the education sector in Ethiopia. It is led by Betel Teka (C’20) and Shalom Bekele, who received the Lean Startup Excellence Award consisting of $1,500.
Unveil: Unveil is revolutionizing the experience of shopping for intimate apparel through convenience and sustainability. As a company built around social impact, Unveil’s 1-1 ‘Give-One-Get-One’ business model gifts a washable, reusable Period Panty to a young woman in a developing country through its partnership with Be Girl. It is led by Katie Fischer (C’20), who received the Lean Startup Excellence Award consisting of $1,500.
“This is a program in which my partner and I really grew and changed,” said Teka. “We did not come here thinking it would be easy, but we worked so hard. The support of our mentors means the world to us. This has been an amazing journey.”
“Our program is really about developing a culture and a community around entrepreneurship,” said Jeff Reid, founding director, Georgetown Entrepreneurship. “You can see that community here. We are so proud of our students.”
For more information, visit https://eship.georgetown.edu/.
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