April 7, 2016

The Hatch 2015 Recap

2015 Hatch Event

 

With some additions in 2016, this event is gearing up to be the best yet!

Do you have an idea that will make a difference?
Interested in learning how to launch your own business?
Transform your idea into a successful venture!

Imagine how a new service or product could make lives better, easier or simply more fun? If you have such a vision or are interested in teaming up with BGSU students who do, The Hatch is your opportunity to start a company that can make a difference.  

You provide the idea, we provide the support to launch your business.  Throughout the spring semester, Hatchlings take an Applied Entrepreneurship class, work with a business mentor and meet with faculty members to teach the fundamentals of launching a business.

Great ideas need a lot of talent. The Hatch is also your opportunity to help bring great ideas to life by joining a team that needs assistance with marketing, technology or research.

2015-16 Hatchlings

"Design for Good"

Creating personal comforters for dementia patients to create a conversation between nurses, aids, residents and visitors. These reversible fully unique comforters will bring a home-like vibe to the resident as well as keep the brain stimulated and keep the resident engaged.

"Find the Perfect Professor"

"The Idea" is a scheduling application that matches students to professors based on course structure. The application would also be used to help review the preferences of the entire student body to hire professors that would teach in a manner that coincides with the students.

"Smart Wallet"

A wallet phone case that will keep track of the customer's cards. There will be an app that will notify the customer when a card has not been placed in its proper spot within a limited amount of time.

I'M LOOKING FOR TALENT

Someone who works with RFID chips or something similar to the chip to help us track the cards.

"TRAC Band" (Monitoring Bracelet)

A system that utilizes Bluetooth beacons to set up a GeoFence that will help pinpoint the location of individuals in a facility that are wearing a bracelet or ID Badge with a supported Bluetooth device inside it. The bracelets or ID Badges will be catered and customized for the need of each business such as patients in nursing homes, children in daycare centers, and visitors in office buildings and school systems.

"Biodegradable Nature Beads"

I am proposing a bio-friendly alternative to plastic microparticles, which are an important ingredient of many consumer products, but their use is being banned for to environmental reasons. My approach takes FDA-approved, food grade polysaccharides to turn them into uniform particles that can be commercialized as fillers, exfoliants, and even as vehicles for delivering active principles in cosmetic formulations.

I'M LOOKING FOR TALENT

Studying the market and selling the product

"No-Hassle Lofted Beds"

With an easy to use lofting system, this bed can transform a small, cramped dorm room into a more functional space by allowing a student to easily and quickly loft a bed to better utilize the space under the bed. Using a counter weight system, this bed easily turns a three to four-person job into a simple, and efficient one-person job.

I'M LOOKING FOR TALENT

Engineering

"Mobile Surveillance Robot"

Our idea is an autonomous robot "rover" of sorts that will provide parking security/attendant services in large ticket-enforced parking lots. This rover will be equipped with a camera and recognition software along with real-time communication with parking security/services head quarters to instantly notify personnel of illegally parked vehicles or even other suspicious activity.

I'M LOOKING FOR TALENT

Dr. Mohammad Mayyas - faculty mentor

"Play to Play"

My idea is a music reading, theory, and aural skills curriculum that is disguised as an active board game.

I'M LOOKING FOR TALENT

Graphic Design

How does The Hatch work?

  • Apply to The Hatch by submitting your business idea. Or, apply to become part of our talent pool and you could be selected to help one of our Hatchlings launch their business. Deadline to apply is October 26.
  • Applications will be reviewed by a selection committee and narrowed down to a group of semifinalists.
  • On November 12, a Scrambler will be held and semifinalists will pitch their ideas and receive feedback from students, faculty and area business leaders. The Scrambler event is also an opportunity for BGSU students wanting to team up with a semifinalist to pitch their skills during a speed-dating format. Semifinalists will be narrowed to a group of finalists.
  • Following the Scrambler, finalists will have two weeks to refine their idea and submit a revised application.
  • The selection committee will narrow the finalists to ten Hatchlings to pitch their idea at The Hatch on April 7, 2016.
  • The Hatchlings will each receive a scholarship to enroll in a three credit hour class, BA2010 Applied Entrepreneurship, during the 2016 spring semester.
  • Teams up of to three people may apply to The Hatch. If selected as a Hatchling Team, each member will receive a scholarship to enroll in applied entrepreneurship, during the 2016 spring semester.
  • Faculty members working with Hatchlings or Hatchling Teams as a Content Mentor will receive a $1,000 stipend toward their professional development fund.
  • Hatchlings or Hatchling Teams receiving investor support at The Hatch will receive a stipend to work on their ideas during the summer of 2016.

 

FAQ

The Hatch is a unique opportunity for students to pitch a business idea to Falcon investors seeking funding for their business. Our program format is similar to the television show, Shark Tank.

Applications are available at bgsu.edu/thehatch and are due by 5 p.m. on October 26.

Yes, teams of up to three people can apply.

Register your talent at bgsu.edu/thehatch. You’ll then be invited to attend the Scrambler event where the project leads will pitch their ideas and give you an opportunity to join their teams.

On November 12, semifinalists will pitch their ideas and receive feedback from students, faculty and area business leaders. This is also an opportunity for BGSU students who want to team up with a semifinalist to pitch their skills during a speed-dating format.

Finalists will be notified via email.

The Hatch is open to all BGSU undergraduate and graduate students.

Yes, new this year, graduate students are eligible to apply.

Each Hatchling or Hatchling team member receives a scholarship for the three-credit course.

Hatchlings or Hatchling Teams receiving investor support at The Hatch will receive a stipend to work on their ideas during the summer of 2016.

Business mentors consist of successful BGSU alumni who have expertise in the Hatchlings' field of business.

It’s okay to submit more than one idea but only one can be be selected as a finalist.

Yes! However, if your idea is chosen to move forward, you must drop out from the other team.

No, you are only able to participate with one team.

Updated: 09/08/2020 02:03PM