growtuity bplan competition2

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Page 1: Growtuity bplan competition2
Page 2: Growtuity bplan competition2

Student-prenuer Testimonial

“I really believe that your platform has enormous potential. It will really be relieving “pain” that entrepreneurs in college

like myself have dealt with for years – the pain of not having time to commit to sales.”

~ Michael C. Bryant University student and CEO of Precision Imaging

Page 3: Growtuity bplan competition2

What is Growtuity?

• Growtuity, Inc. is a platform designed to help college students start, manage and grow their college startup.

• Our mission is to create and foster entrepreneurial thinking amongst college students.

• We provide a quick, practical and user-friendly platform for students to help take their ideas or hobbies and turn them into a legal entity while still in college.

Page 4: Growtuity bplan competition2

The Growtuity Team: FoundersJamerus Payton CEO, Co-Founder

Operations Manager

MS in Management from Southern Methodist University

BS in Electronics and Computer Technology from North Carolina A&T State University

Baxter Smith COO, Co-Founder

Customer Account and Acquisition Manager

BS in Economics/Accounting from University of South Carolina

Torrence Reed CTO, Co-Founder

Infrastructure Manager

BS in Management Information Systems/Business Administration from North Carolina A&T State University

Page 5: Growtuity bplan competition2

The Growtuity Team: Interns

Chris Coscino Software Developer Intern

BS in Computer Science at The University of Rhode Island

Amen Osayande Business Intern

BS in Accounting and Management from York College

Mike Buffalo Business Intern

BS in Business Administration from York College

Page 6: Growtuity bplan competition2

Recently at GrowtuityAwards

•Under30CE0 Rookies of the Year 2012 winners

•Winners of the eMinutes Business Competition

Partnerships

•George Washington University

Page 7: Growtuity bplan competition2

•According to Young Invincibles in 2011, young Americans across the board are enthusiastic about their desire to start their own business, but felt unprepared.•Today in the US there are 20 million college students and 23 million small businesses. Corporate America has been "downsizing“, making it harder for students to find jobs.•According to the Bureau of Labor Statistics, the unemployment rate for 16-24 year olds in September 2011 was 17.4%.

The Problem

Page 8: Growtuity bplan competition2

Solution #1 - Website We take ideas or hobbies and turn them into legal entities while students are still in college by providing:

– A customizable roadmap

– Customizable storefronts

– Growfunding platform

– Videos and articles

– Peer to peer networking

Page 9: Growtuity bplan competition2

Solution #2 - Business Competition

Purpose:

•To create student-preneurs •To teach the importance of a well crafted pitch and business plan•Student Networking•Public speaking•Mentorship

Page 10: Growtuity bplan competition2

•Publicity for Department and University•Helps with recruiting and attracting top talent •We provide practical experience•Create campus entrepreneurs, future business owners and leaders•Create future opportunities for university and student body (i.e. internships from business leaders)•Form long-term partnerships

What’s In It for Me?