Two teams of Clarkson University student entrepreneurs won $7,000 in funding from Syracuse University’s Raymond von Dran IDEA Awards competition.
Eleven student teams competed for more than $150,000 in seed funding at the event which was partially sponsored by Clarkson.
Innovating Delivery Systems, a company founded by first year Clarkson business school students enrolled in the Introduction to Business Innovation and Entrepreneurship course, was awarded $5,000. IDS is a Web application that allows spectators in stadiums and arenas to order concessions on their mobile device for delivery to their seats.
Freshmen financial information analysis major Andrew J. Wegner of Farmington,, and business studies major Dietrich Diehl of Clarence Center, and several other students who were founding members of the company, will continue to develop IDS at the end of this semester.
Cliquer, created by junior innovation and entrepreneurship major Joshua H. Langtry of Beaver Dams was awarded $2,000. Cliquer offers high school students a social way to transition from high school into college.
Funding awarded to the student companies will be used for start-up expenses, including salaries of company owners and employees, rental space, marketing, legal, websites and proof-of-concept development.
For more information about the IDS app, click here.