Texas High School Ideas Challenge Awards More Than $10,000

May 7, 2022

|

Lara Robertson

Out of 42 finalists, ten teams were given top honors and awarded cash prizes for their innovative and entrepreneurial ideasr

COLLEGE STATION, TEXAS May 7, 2022 – The McFerrin Center for Entrepreneurship hosted its second annual and first in-person Texas High School Ideas Challenge today, with competitive presentations held at Texas A&M University’s Memorial Student Center and The Crowd Fund Showcase and Awards Reception (sponsored by Education Advanced) held at the McFerrin Center. Open to high school students across the state of Texas, the challenge, designed to encourage students to explore entrepreneurship and foster development of an entrepreneurial mindset, awarded more than $10,000 in cash prizes to the top ideas.

Launched in 2021 by the McFerrin Center for Entrepreneurship, the Texas High School Ideas Challenge is modeled after the Raymond Ideas Challenge, one of the McFerrin Center’s longest standing programs open each fall to current Texas A&M students. Due to restrictions in place, the inaugural event in 2021 was held exclusively in a virtual format, but the 2022 event was held in person at Texas A&M, giving high school students from across the state the opportunity to visit campus and be introduced to Texas A&M, the McFerrin Center and the Aggie entrepreneurial ecosystem.

In addition to prize money for the top idea winners, this year’s challenge also awarded $3,750 in prizes based on “investments” from “The Crowd Fund,” with showcase guests having the opportunity to visit each of the ideas to meet the student teams and learn about their service or product concept and “invest” in their favorites via “McFerrin Money.”

For the 2022 event, Texas high school students aged 14-18 were invited to apply beginning in late 2021, submitting their idea as a team or individual, via a compelling application demonstrating creative, careful and methodical planning. Following a screening process, a total of 42 finalist teams, comprised of more than 100 students from 18 Texas cities, were selected as finalists and invited to compete in person on the campus of Texas A&M.

Throughout the day, each team presented their idea twice, each time to a different panel of judges. The presentations consisted of a 5-minute pitch of the idea, followed by a 5-minute “Q&A” with the panel. Judges, selected from the McFerrin Center’s network of mentors, successful entrepreneurs and Texas A&M faculty, were looking for competitors who have an outstanding idea and clearly indicate that their idea creates values, can defend their idea against other ideas in the competition, and demonstrate to the judges that the idea is viable in the marketplace with clear evidence that the idea is attractive to a customer. Ideas were scored based on idea uniqueness, target market, competitive advantage, resources, goals and presentation content.

Rudy A., a junior from Centennial High School in Frisco, walked away with top honors and $2,500 for his pitch of WorkBee, a business concept developed with his partner Sarthak D., also a junior, who was unable to attend the competition. WorkBee solves the problem of low inventory of quality holiday decorations and the hassle of installing decorations by enabling customers to purchase customized holiday decorations and labor from local, reliable, responsive, fair-priced contractors.

“A friend who applied for this challenge knew I had this idea, and he suggested I apply as well. I did, and then suggested a different friend also apply with his idea,” Rudy said. “I feel like that sums up entrepreneurship. Healthy competition, but always looking to help and assist others who are also trying to pursue and build their own ideas.”

Following high school graduation in 2023, Rudy plans to attend college, pursuing a degree related to technology and business. “The best takeaway from today was the feedback I received from the judges following my pitches,” he said. “One judge suggested I consider a subscription option, and one even told me it was probably the best pitch he’d ever heard, including from college students. That really made me feel like not only do I have a great idea, but the time, effort and energy I put into preparing for this challenge really paid off. I’m already thinking of a new idea to apply again and come back to Aggieland next year.”

“In only its second year, this is quickly becoming one of our Signature Programs, and one that brings so much positive energy and excitement to the Center and our partners. As a competition focused solely on inspiring, encouraging and celebrating our next great generation of entrepreneurs, the ideas this year did not disappoint, nor did the students themselves, who have been nothing short amazing,” said Blake Petty ’98, executive director of the McFerrin Center. “While we realize not all of these students will choose Texas A&M as a destination after high school, our ultimate goal and purpose is to pour into them at this earliest stage of their entrepreneurial journey and help fan the flame of their entrepreneurial spirit. If we can create a few new Aggie entrepreneurs along the way, we’ll consider that icing on the cake!”

The McFerrin Center is already planning the third annual event, scheduled for May 5, 2023. Updates and more information will be made available at tx.ag/TexasHSIdeasChallenge.

2022 Texas High School Ideas Challenge Winners

Top Idea Winners
1st Place ($2,500): WorkBee | Centennial HS | Frisco
sponsored by Active Industrial Fire Protection
Student receiving a big check
2nd Place ($2,000): FYDER, LLC | Alamo Heights HS | San Antonio
sponsored by CareerPhysician, LLC
3rd Place ($1,750): Com.Post | Round Rock HS | Round Rock
sponsored by Education Advanced
Honorable Mention ($750): Stoozies: The Heated Shoetree | Canyon HS | New Braunfels
sponsored by Critical Environments Group
Honorable Mention ($750): iPath American English | Centennial HS | Frisco
sponsored by Education Advanced
Honorable Mention ($750): sMile | Centennial HS | Frisco, TX
sponsored by Startup LLC
Honorable Mention ($750): Traverse Marketplace | Vista Ridge HS | Cedar Park
sponsored by Mays Family Foundation

The Crowd Fund Winners
1st Place ($1,500): M.T. Equipment Backpacking Table | Westlake HS | Austin
sponsored by Nexersys (XFit Inc.)
Students receiving a b
2nd Place ($1,250): FYDER, LLC | Alamo Heights HS | San Antonio
sponsored by Startup LLC
3rd Place ($1,000): Let’s Keep Talking | Elkins HS | Missouri City
sponsored by Mays Family Foundation

2022 Texas High School Ideas Challenge Sponsors

Education Advanced, The Crowd Fund Showcase & Awards Reception sponsor
Active Industrial Fire Protection
CareerPhysician
Critical Environments Group
Mays Family Foundation
Nexersys
Startup LLC (Living Learning Community)

 

About McFerrin Center for Entrepreneurship

The McFerrin Center for Entrepreneurship serves as the hub for entrepreneurship at Texas A&M University. The McFerrin Center’s goal is to enhance entrepreneurial education by providing training, networking and assistance to enterprising students, faculty and former students.

The McFerrin Center enables the startup and growth of countless businesses and provides competitive opportunities, professional development and financial support to aspiring entrepreneurs in the Aggie community through the support of a robust volunteer mentor network, corporate supporters, faculty and staff.

The McFerrin Center defines entrepreneurship as an attitude that acts upon opportunity. In this spirit, the McFerrin Center strives to deliver programs and events that are inspiring, engaging, motivating and life-changing. This philosophy has resulted in the McFerrin Center for Entrepreneurship offering more than 30 unique programs each year that positively impact the lives of thousands of students, veterans and other professionals seeking to blaze their own trail as an entrepreneur.

###

Media Contact: Lara Robertson, communications manager, McFerrin Center for Entrepreneurship, 979- 845-1724, lrobertson@tamu.edu

Related Articles