When it comes to business plan competitions, you often hear a lot about the winners. But what of the teams that struggle?
Thomas Healy and his teammates from Carnegie Mellon University hope a 65-foot tractor-trailer will rev up the judges at this year's Rice Business Plan Competition.
Hyliion, as the entrepreneurial team from the school in Pittsburgh is known, turns diesel-guzzling tractor-trailers into hybrids by way of a new technology. A battery pack captures energy when braking or coasting downhill, and that energy is reused for acceleration. Parking the big rig at Rice University, Healy said, shows judges that their idea has evolved beyond mere concept.
Peter Rodriguez, currently senior associate dean for degree programs and chief diversity officer at the University of Virginiaâ€™s Darden School of Business, has been named dean of Rice Universityâ€™s Jones Graduate School of Business.
He will join Rice as dean of the Jones School on July 1. In addition to being dean of the business school, Rodriguez will serve on the Jones School faculty.
Burke said there were many strong life sciences teams applying for this year's competition; 18 teams were accepted for the life sciences category, up from 12 last year. The other categories are information technology/Web/mobile; energy/clean technology/sustainability; and other.
"This competition can be, in some ways, life changing for the teams and the students who come here," Burke said.