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Students Pitch Problem-Solving Business Ideas at SJSU Innovation Competition
Four SJSU graduate students studying biotechnology pitched their business idea, Environzyme Biosciences, at the 18th annual Silicon Valley Innovation Challenge. Four biotechnology graduate students at San José State University recently discovered a concerning problem: In the research labs where they were interns, the majority of single-use plastics were not being recycled because of contamination. So those students — Sushmita Sen,’22 MS Biotechnology; Paul Mack, ’22 MS Biotechnology; Tvisha Josyula, ’22 MS Biotechnology; and Vishaka Shah, ’22 MS Biotechnology — came up with a solution: Environzyme Biosciences, a business idea that earned them the top prize of $1,500 at SJSU’s 18th annual Silicon Valley Innovation Challenge (SVIC). They also received the…
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Preventing cyber attacks at your home and business
ROANOKE, Va. (WDBJ) – Earlier this week, a Virginia legislative branch agency was hit with a ransomware attack. These are becoming more common, hitting everything from the government to the Colonial Pipeline. WDBJ7 spoke with local experts on ways you can protect yourself and your workplace as cybercriminals are getting smarter and richer. “In 2020 there was almost a trillion dollars in losses. That’s up from 500 billion in 2018. The average disruption takes a business offline for 18 hours. These aren’t always successful in getting paid, but they’re almost always successful in disrupting a business,” explained Eric Thompson, a Director with Advanced Logic Industries. “The average disruption per business…
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Eight Questions for Advisors to Optimize Their Business for Growth
In 1986, Michael E. Gerber’s legendary “E-Myth” series introduced entrepreneurs to a new way of looking at building and growing a business. That is, he reminded us all that we need to invest our energies working ON the business and not just IN it. That’s not easy—particularly for financial advisors—because the day-to-day responsibility of serving clients is typically the priority. And, quite honestly, it’s anathema to consider taking time on a task that isn’t immediately revenue generating. Yet we are witnessing a growing trend that indicates advisors—regardless of whether they practice as employees or independent business owners—are thinking more about their businesses as “businesses.” They’re looking beyond the short-term and…
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Small business optimism on the rise despite inflation concerns
The vast majority of small-business owners say they finally see the light at the end of the Covid-19 tunnel, economically speaking. Other CEOs aren’t so sure. According to a new survey from the U.S. Chamber of Commerce Small Business Index and insurance giant MetLife, 77{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} of small-business owners say they’re optimistic about the future of their business, and 62{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} say their business is in good health. Nearly half say they plan to spend more money next year than they did this year. For many, that includes ramping up their hiring plans — even despite a nationwide labor shortage — alongside the official “end” of the pandemic, which medical experts expect…
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How to Prepare and Write the Perfect Business Plan for Your Company
A business plan is a necessary document in today’s business. There is no successful business without the business plan structure that speaks about the potential of the business and its future development. For these reasons, you should know how to write a perfect business plan and how to get the most out of it. In this article, we reveal the methods to writing a business plan and its main advantages that you should consider next time when you want to start a business. Let’s find out more about this subject. What is a business plan? A business plan is a written document that reveals the goals of the business, the…
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Southern Minnesota Initiative Foundation seeks applications for entrepreneur business competition – Albert Lea Tribune
Entrepreneurs ages 18 to 25 invited to apply Southern Minnesota Initiative Foundation is seeking applications for new business ideas from entrepreneurs who are 18 to 25 years old. The Aspiring Entrepreneurs Business Competition will support the growth of three new businesses in southern Minnesota. A prize pool of $15,000 will be divided among the three finalists. Entrepreneurs who are interested in starting a business in SMIF’s 20-county region are invited to submit their plans for their business startup by Feb. 28. Three finalists will have access to business training for their pitch session, free consulting hours and a chance to win investment funding for their business. Finalists will pitch their…
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