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Friday, Sep 22, 2023

Students Pitch Trading App Idea

A four-student team of entrepreneurs-in-the-making competed at a local pitch competition in San Diego to decide who has the best business plan.

The student ideas included an investment app for teens, an innovative electric bicycle, and a website where students can review colleges for prospective attendees. In total, 10 teams presented for a panel of judges, with awards presented by Mayor Todd Gloria.
“San Diego needs to be a world-class city that leads, and that means we must foster a culture of innovation and entrepreneurial thinking like we never have before,” said Gloria. “San Diego is positioned as an attractive and inclusive hub for entrepreneurs thanks to a highly skilled workforce and unique binational opportunities. Programs like TiE, help our diverse business sectors grow stronger by cultivating our next generation of entrepreneurs.”

Investment App
Student startup named Fynking Analytics won the contest. Fynking Analytics leverage artificial intelligence technology and aims to improve stock market investing, said Russ Sobti, founder and student at Westview High School student.

Their win at the competition qualified them for the global competition, where they will compete against 20 teams from around the world for the $10,000 first-place prize.
“Student teams had the opportunity to meet with mentors in various industries, business leaders, and VCs- kind of a mini-MBA meets “Shark Tank” for teens,” said Merrin Muxlow, executive director at TiE San Diego. “This program fosters an appetite for entrepreneurship at an early age. It allows our high schoolers to learn from the best local business people and prepares them for future success.”
All teams have plans to continue their business beyond the competition, with several enrolling and applying to local accelerator programs here in town, said Muxlow.
Fostering Entrepreneurship
Founded in 2011, TiE South Coast Young Entrepreneurs program, is designed for high school students interested in finding mentorships with professional entrepreneurs.
The program exposes the students to the exciting world of entrepreneurship, teaching and equipping them with real life lessons from local entrepreneurs.
The young entrepreneurs program stems from TiE, a global nonprofit focused on connecting entrepreneurs for mentoring, networking and funding.


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