The Chinese startup that’s making cross-border payments easier for overseas students
In recent years, China has sent more students abroad than any other country. Yet, for Chinese parents, it is a huge headache to send tuition fees and daily expenses to their children living overseas as the process is typically costly and time-consuming. Fintech startup Easy Transfer is devoted to making the process easier by providing financial services tailored to the needs of overseas Chinese students.
Students build start-up companies in 54 hours
Students line up to present their first pitches on the first night of the 54 Startup Weekend on Sept. 27. From Sept. 27-29, teams had 54 hours to create a proof of concept for a startup company product, complete with a target market, growth plan and solution to a real-world problem. Moments before her team won the 54 Startup Weekend grand prize, sophomore in Engineering Megha Natarajan was thinking about her light-wash blue jeans. “I was really scared that we wouldn’t win because my pants aren’t formal,” Natarajan said. “I looked at everyone else’s pants and they were dark, and I was really worried.” Natarajan, along with sophomores Jessica Yoon in Engineering, Angela Yoon in LAS, and University graduate Tredayne Cabanlit created Sullivan, one of the 22 teams that competed in the 54 Startup Weekend.
CONGRATULATIONS TO FIVE STARTUPS THAT RECEIVED BEN FRANKLIN FUNDING
STATE COLLEGE, PA – At the September 2019 Board of Director’s meeting the largest early-stage investor in the region, Ben Franklin Technology Partners added five additional startups to its portfolio of funded clients. Below are brief descriptions of the innovations developed by the companies.
1855 Capital’s Interview on WPSU Digging Deeper
1855 Capital Managing Director Matt Rhodes, and Director of Second Stage Capital at Ben Franklin Technology Partners of Central and Northern PA (and friend of the fund) John Sider, sat down with Penn State President Eric Barron to talk about the impact of the INVENT Penn State initiative and 1855 Capital on communities in Pennsylvania. The interview aired on WPSU’s “Digging Deeper”.
Business lessons from a student entrepreneur
Recent studies show that the UK business climate could be in trouble. So how can entrepreneurs remain resilient against these changes? Perhaps a fresh (and younger) perspective could help… There were 5.6 million small businesses at the start of 2018 according to the Federation of Small Businesses (FSB), accounting for at least 99.5% of the businesses in every main industry sector.
Clog Report: Freshman upset because he hasn’t dropped out to found startup yet
A worried Joey Haas confided in The Daily Clog that he feels behind because he still regularly attends class and learns from some of the best professors the world has to offer. According to Joey, “college was supposed to be just a stepping stone to dropping out.” But now, he’s already falling behind on his timeline to move back into his parents’ basement to found his own startup.
Why we moved our Silicon Valley startup to Canada
Don’t look now, Silicon Valley. Canada is coming for you. In case you missed it last month, the $250 million funding round announced by Vancouver B.C.-based Clio was a major milestone in the rise of the Canadian tech startup ecosystem.
Recent BC Graduate Helps Students Handle Their Handles
Imagine the ability to store all of your social media usernames in one place—and then share them with friends just as easily. While it’s never existed before, this idea is the brainchild of recent Boston College graduate Maxwell Andrew, BC ’18. Similar to a passport, which gives people the opportunity to go wherever they want in the world, his brand-new program, Duffeltag, allows users to distribute all of their handles at once.
Inside Voxel51: AI video analytics startup founded by U-M professor, student
Voxel51 CEO Jason Corso teaches computer vision at the University of Michigan. CTO Brian Moore was his student when he was doing his Ph.D. in machine learning, and after some brainstorming, the two decided to combine their skills and build an AI video analytics platform.
UI graduate student works to commercialize drug that prevents osteoarthritis
Researchers at the University of Iowa have been working for years to develop a drug to prevent the development of posttraumatic osteoarthritis, a disease caused by joint injuries. Now, a UI team of researchers announced a drug ready to be tested on humans.