UNCP students showcase entrepreneurial talent in pitch competition

By Staff Report, posted Oct 7, 2024 on BizFayetteville.com

Gabby Hyson delivers her pitch at the inaugural Braves Pitch-a-thon sponsored by the Thomas College of Business and Economics. Photo provided by UNCP.

As a collegiate swimmer, Gabby Hyson spends hours in the pool training. The UNC Pembroke sophomore is also keenly aware of the challenges of her sport––especially regarding hair care. So, combining her experience in the pool with what she’s learning as a second-year business student is proving to be a recipe for success.

Hyson's struggles to maintain healthy hair while combating damage caused by repeated exposure to chlorine inspired the idea behind Symone's––a line of tailored cosmetic and hair care products for swimmers. Hyson’s 90-second elevator pitch earned her the top prize at the inaugural Braves Pitch-a-thon sponsored by UNCP's Thomas College of Business and Economics.

Each of the 16 competitors was given 90 seconds to make an elevator pitch to a panel of four judges. Business plans ranged from an app that connects restaurants with food banks to eliminate waste while addressing food shortages to a healthcare app connecting college students and faculty to local clinics.

Nelysa Rosario, an online business student, drove two hours to pitch in person. Rosario's idea to develop an on-demand lawn care company––like DoorDash, earned her second place.

"It was great to collaborate with other people, network with fellow students and meet the president of the CEO chapter in person,” Rosario said in a press release. “I'm grateful that UNCP held this event for students."

Yogesh Sharma, a junior finance major from India, finished third.

With her first-place finish, Hyson advances to the College Entrepreneurs' Organization (CEO) Global pitch competition Oct. 31-Nov. 2 in Tampa, Fla., to compete to win a share of the $20,000 prize pool.

A CEO chapter established at UNCP this fall and has attracted great interest from students across all disciplines. Half of the pitch competitors are active CEO club members. Faculty advisor Dr. Caroline Glackin, the Thomas Family Distinguished Professor of Entrepreneurship, said pitch competitions provide students with real-world experiences, allowing them to apply their classroom knowledge to real-world challenges and develop solutions.

“It builds their skills in oral presentations, persuasive speech and teaches them how to convey ideas clearly. It also improves their confidence in presenting ideas to individuals outside their core circle,” Glackin said in a press release. “Events like this encourage the development of ideas for businesses, create an environment for friendly competition and help students build their network.”

UNCP alum and small business owner Alfredo Irra, who served as a judge, said he was impressed with Hyson's delivery, adding that her connection with the hair care product helped her score well in the competition.

"When you have someone directly affected by the problem they are trying to solve––that makes a huge difference," Irra said in a press release. "They seem to care more about the research and are more engaged in what they need to make the business successful.

"The experience competitions like this provide is invaluable," Irra continued in a press release. "The more pitches you take part in, the more you'll become inspired by other students' pitches, which will help you determine how to improve. It's not about winning. It's about learning from others supporting their ideas and business aspirations. Those are the types of people you need to be around if you want to be successful."

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