The Charger Blog

Unique Course Enables Students to Explore Entrepreneurialism

As part of the UniversityӰԭs ӰԭIntroduction to Business and EntrepreneurshipӰԭ course, more than 100 students of diverse majors gained real-world experience creating a business plan and pitching their ideas to a panel of judges and to their fellow Chargers.

May 20, 2022

By Renee Chmiel, Office of Marketing and Communications


Dean Brian Kench, Ph.D. (left), and the team of students that developed ӰԭSmall Footprint.Ӱԭ
Dean Brian Kench, Ph.D. (left), and the team of students that developed ӰԭSmall Footprint.Ӱԭ

Since Anthony Klymenko Ӱԭ25 was a kid, he has wanted to be an inventor. He had the opportunity to put his passion for innovation to the test during the spring semester while developing his entrepreneurial skills as part of a unique class experience.

As part of their ӰԭBUSA 1000: Introduction to Business and EntrepreneurshipӰԭ course, Klymenko and his classmates focused on helping to address the problem of cruise linesӰԭ plastic waste. They developed a company, ӰԭProxy Plastics,Ӱԭ that would offer an efficient and cost-effective way for cruise lines to compress plastic waste into filament for 3D printing Ӱԭ which could then be sold for a profit. Proxy Plastics would offer cruise lines a commission as an incentive.

ӰԭCruise lines throw a lot of trash into the oceans, and we wanted to help with that,Ӱԭ said Klymenko, a finance major. ӰԭWe also wanted to turn a profit, and weӰԭd do that with 3D printing, which has just exploded.Ӱԭ

Klymenko and his teammate Kaan Karaguney Ӱԭ25 recently shared their project with the University community as part of the Pompea Business Plan Expo. They shared their poster, which outlined the plastic waste problem, how they endeavored to solve it, and their sales and marketing plan. They also discussed the companyӰԭs projected financials and its competition, answering questions from attendees and judges.

ӰԭThis has been a great experience,Ӱԭ said Karaguney, a psychology major. ӰԭI was always an athlete, a kid who was into sports, and this gave me the opportunity to learn about business.Ӱԭ

Anthony Klymenko Ӱԭ25 (right) and Kaan Karaguney Ӱԭ25 shared their ӰԭProxy PlasticsӰԭ poster at the expo.
Anthony Klymenko Ӱԭ25 (right) and Kaan Karaguney Ӱԭ25 shared their ӰԭProxy PlasticsӰԭ poster at the expo.
ӰԭIt was very excitingӰԭ

The culminating event of the UniversityӰԭs ӰԭBUSA 1000: Introduction to Business and EntrepreneurshipӰԭ course, which is open to students of all majors, the expo was an opportunity for students to present their business plans. During the course of the semester, more than 100 students in two dozen teams collaborated to develop a business concept that would have a positive environmental impact. The expo included the final round of the pitch competition, in which the four top teams pitched their businesses.

Charlotte Bassett Ӱԭ25 and her classmates developed a ӰԭUniversity of New Haven-based Uber,Ӱԭ of sorts. Their company, called ӰԭCarriage,Ӱԭ would enable students to offer rides to other students. As part of their research, they explored critical elements of ensuring the companyӰԭs success, such as studentsӰԭ safety and financial requirements, and they believed the concept was feasible. Carriage, which was among the final four teams, captured first place in the competition.

ӰԭWe hope Carriage could be a way to build community among students,Ӱԭ said Bassett, an accounting major. ӰԭI got so much out of working on this, and it was very exciting to share our company as part of the competition.Ӱԭ

Charlotte Bassett Ӱԭ25 and her teammates created ӰԭCarriage,Ӱԭ and they will have their names added to the Pompea Business Plan Expo Cup.
Charlotte Bassett Ӱԭ25 and her teammates created ӰԭCarriage,Ӱԭ and they will have their names added to the Pompea Business Plan Expo Cup.
ӰԭA very unique programӰԭ

The expo brought together students from all six sections of the course, as well as their professors and members of the University community. It enabled them to gain meaningful experience presenting their posters and delivering their pitches to a team of judges Ӱԭ including Josephine Moran Ӱԭ01 M.S., Ӱԭ19 EMBA, chair of the Pompea College of Business Advisory Board and a member of the UniversityӰԭs Board of Governors.

ӰԭItӰԭs a very unique program,Ӱԭ said Moran, president and chief banking officer for . ӰԭStudents get to create a business plan during their first year at the University. ThatӰԭs big, and it sets the tone for the rest of their time as Chargers.

ӰԭThis is a great opportunity for students to practice their presentation skills,Ӱԭ she continued. ӰԭIt is so important that this is interdisciplinary because business incorporates every field.Ӱԭ

ӰԭGrass CowӰԭ captured first place in the poster competition.
ӰԭGrass CowӰԭ captured first place in the poster competition.
ӰԭWhat being an entrepreneur is all aboutӰԭ

As part of the expo, the winners of the poster contest and the pitch competition were announced, and the students were presented with awards. Among the studentsӰԭ business ideas was a company that would provide clean water for people in Africa and one that creates solar-powered windows.

For Jack Quander Ӱԭ24 and his teammates, their focus was on solar panels. Specifically, they endeavored to create a self-cleaning solar device to improve the efficiency of solar panels. Their company, ӰԭCali Clean,Ӱԭ captured second place in the pitch competition. Quander, a business analytics major, says the course was a great learning opportunity.

ӰԭSome people might think entrepreneurialism is easy Ӱԭ it isnӰԭt,Ӱԭ he said. ӰԭProfessor Maguire helped guide us, helped us improve, and showed us what being an entrepreneur is all about.Ӱԭ

Jack Quander Ӱԭ24 (second from right) and his teammates developed ӰԭCali Clean.Ӱԭ
Jack Quander Ӱԭ24 (second from right) and his teammates developed ӰԭCali Clean.Ӱԭ