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Startup Challenge 2019 student winner

Institute Student Wins Startup Challenge Monterey Bay’s Student Division

by Jason Warburg

Excerpt

Charge City, a proposal by Middlebury Institute student Erin Lannon MAIEP ’19 for a turnkey charging solution for electric vehicles, recently won the Student Division of the 10th annual Startup Challenge Monterey Bay, beating out two other finalists to take home first prize of $1,500 in seed money.

“Winning the StartUp Challenge was exhilarating and rewarding!” said Lannon. “The Charge City idea came to me a few months ago and I was able to fine tune my idea through Professor Jeff Langholz’s Green Business Feasibility Assessment class.” The International Environmental Policy student envisions transforming small and medium-sized business parking lots into Electric Vehicle Charging Stations (EVCS), with the goal of installing two to 10 charging stations per location. The business model employs incentives offered by the State of California to offer businesses zero-cost-down charging station installations. “Over the summer I plan to incorporate, raise seed capital and launch a pilot at a medium sized business in Santa Ana, Orange County. I’ll be running on the lean start-up model with the goal of scaling in 2020.”

Read the entire article here.

Events

Startup Challenge 2020 Finale

It all culminates on Friday, May 1 with the Startup Challenge Finale at Embassy Suites, when the teams make their final pitches and display their companies’ wares and services, culminating in the Otter Tank showdown. The day features a Venture Showcase, where competitors and successful alumni alike showcase their businesses.
Browse the Venture Showcase to learn about regional businesses that are bringing jobs and money to our local economy, and sample the delicious fare of emerging food and beverage companies. Next, grab a seat for the Otter Tank and cheer on your favorite team, as they battle it out Shark Tank style for the cash prizes.
Ticket price includes: Entrance to the Venture Showcase and the Otter Tank Competition followed by a networking reception. Ticket Holders receive 100,000 Otter Dollars to invest in your favorite finalist company – help us select tomorrow’s hottest businesses today!