The Charger Blog

Students Pitch Business Ideas to University Community

The UniversityӰԭs Pompea Business Plan EXPO was the culminating event of an innovative course that brings together students across all disciplines to develop solutions to real-world problems, create business plans, and pitch their ideas to a panel of judges.

January 8, 2021

By Renee Chmiel, Office of Marketing and Communications


Image of Pompea Business Plan EXPO.
The Pompea Business Plan EXPO brought together students across all disciplines.

Ashley Fiorianti Ӱԭ24 wanted to create something positive during what has been a challenging and stressful time for so many. She and her roommate developed the concept for ConnectUs, a company that would help those suffering from loneliness and depression during the coronavirus global pandemic.

Since patients in care facilities have not been able to receive physical visits, she and her classmates developed a way for patients to visit with loved ones. Guests would don transparent hazmat suits, take chemical showers, and travel through a system of tunnels connecting the parking lot and safe meeting rooms. Fiorianti and her classmates recently pitched their idea during the UniversityӰԭs Pompea Business Plan EXPO.

ӰԭMy favorite part of the EXPO was getting to do something outside of my field of study and express something I am really passionate about,Ӱԭ said Fiorianti, a psychology major. ӰԭI learned a lot more about the business world and how it all works. I also learned about finances and how to run a company.Ӱԭ

Image of Team H2O's business plan.
Team H2OӰԭs business plan would address the need for safe drinking water in Ethiopia.
ӰԭA truly transformational learning experienceӰԭ

FioriantiӰԭs team was one of six that participated in the final pitch competition, the culminating event of ӰԭBusiness and Entrepreneurship,Ӱԭ a class for students in all majors to work together to, this semester, design an innovative solution to address a real-world challenge related to water, energy, food, and/or COVID-19. They collaborated to create a business plan, developing skills such as leadership and group presentation.

The teams were selected from a dozen semifinalist teams representing the 140 students in the nine sections of the class. They presented their business plans to a panel of judges that included Pompea College of Business Advisory Board members Craig Douglas Ӱԭ82 MBA and Jim Betzig as well as advisory board chair Josephine Moran Ӱԭ01 M.S., '19 EMBA, a member of the UniversityӰԭs Board of Governors.

Students also presented to their fellow students, as well as alumni, faculty, and staff Ӱԭ including University of New Haven President Steven H. Kaplan, Ph.D.

Image of Ashley's hazmat business idea.
Ashley Fiorianti Ӱԭ24 presents her business idea during the UniversityӰԭs Pompea Business Plan EXPO.

ӰԭThis program provides a truly transformational learning experience for our students,Ӱԭ he said. ӰԭTo have the opportunity, as first-year students, to not only create Ӱԭ but also pitch Ӱԭ a business plan to a panel of executives is very unique and something students should be very proud of. I know that the skills they have learned will serve them well throughout their time as Chargers and wherever their careers may take them in the future.Ӱԭ

Giliana Santaniello Ӱԭ24 and her teammates proposed ӰԭAllied Collaboration Marketing,Ӱԭ a marketing company serving small businesses. She said it was a fun and engaging learning experience.

ӰԭI liked being able to think of a business idea and develop the details with my teammates,Ӱԭ she said. ӰԭThis experience exposed us to a professional environment in which we learned to adapt and think quickly to answer questions and accurately present information.Ӱԭ

Image of Charles Pompea '71, '90 EMBA, '06 Hon. annoucning the winner of the expo.
Charles Pompea '71, '90 EMBA, '06 Hon. announced the winning team.
ӰԭYou are all winnersӰԭ

Held via , the competition included a Ӱԭcrowd selectionӰԭ component, through an app provided by Nousium LLC (dba Funding Founding).

Brian Marks, J.D., Ph.D., course coordinator and a senior lecturer in the Department of Economics and Business Analytics as well as executive director of the UniversityӰԭs Entrepreneurship and Innovation Program, noted that the app is designed to foster audience engagement and allowed students to evaluate the pitches separately from the judges. Audience members were to imagine they were provided $100,000 to allocate to the various pitches, which were then ranked by the amount of funds allocated to them. This year, the student audience and the judges agreed on the top two teams, which Marks noted is a testament to the training afforded to the students in course.

ӰԭQuid Pro Grow,Ӱԭ a company that would aim to reduce food waste by offering a pickup service for composting, received the highest funding and was declared the crowd favorite. Team H2O, which would address the need for safe drinking water in Ethiopia, was the team that the judges declared the winner. The winning team as selected by the judges will have their name engraved on the Pompea Business Plan EXPO Cup displayed in the Orange Campus lobby.

Charles Pompea '71, '90 EMBA, '06 Hon., who, with his wife Tamera, sponsored the program, watched the studentsӰԭ presentations and announced the winner. He told the students he was impressed with their work.

ӰԭYou are all winners,Ӱԭ said Pompea, chair of the UniversityӰԭs Board of Governors. ӰԭYou should be very proud of the work you have done. I am very proud to be here joining you.Ӱԭ