Engineering students had a great presence at the Mayo Business Competition this year. The competition consisted of seven teams, three of which featured engineering students. Alex Mattesons, mechanical engineering, and his team won first place and $12,000. Second place along with $6,000 went to Daniel DeChiara, computer engineering, and his team. The first place team M&S Guitars impressed the judges with their working prototype of a modular and low cost guitar system. The second place team Campus Corner Laundry proposed an email and text message service to notify students when their laundry was done. The third team Jacfit.com consisted of two engineering students, Steve Zilberberg, Computer Engineering and Alex Crane, Biomedical Engineering.
This competition is designed to increase student appreciation for the challenges associated with developing a viable business offering (product or service) while, through an iterative process, recognizing those students best able to articulate a plan that addresses these challenges. In recognition of both the time involved and the difficulty of the task, the competition also provides a suitable award for the successful teams.