entrepreneurial studies – Ciocca Center for Business, Ethics, and Society Blog

October 11, 2024

Innovative Solutions for Global Issues: Lessons from the Entrepreneurship & Innovation Workshop

This past weekend, I was presented with the amazing opportunity to participate in the Entrepreneurship and Global Innovation Workshop, hosted in collaboration with Ycenter and its USA genius-grant recipient CEO, Dhairya Pujara. Over the course of a weekend, our group of twenty passionate students worked together in teams, each tasked with developing innovative solutions that would address some of the world’s most prevalent issues. My team focused on tackling inequalities in the healthcare system, especially the issue of people being exploited by pharmaceutical greed and systematic corruption.

As we were taught new and innovative ways of thinking about these issues, we brainstormed creative lines of attack against these tribulations in order to make a positive difference in the world. We came to the conclusion that the specific goal we wanted to address would be the issue of pharmaceutical confusion, a problem that, according to the Milken Institute, affects nine out of every ten Americans.

When continuing to reflect on the incredible aspects of this workshop, I realize that even though our ideas were a great start in making a change in the world, we never would have been able to create these solutions if it were not for Dhairya Pujara teaching us the power of creative thinking. This program highlighted the important questions that often escape us as we are both anxious and perplexed by the chaos of the world. We were taught how to identify specific issues then begin solving problems, rather than just providing quick-fix solutions.

As I begin my life in the working world of Public Relations next year, I am very excited to work with my team in order to identify client needs and think of the problems that consumers need resolved. I am very grateful for the lessons provided to us by both Ycenter and the Ciocca Business Center here at Holy Cross, and very much looking forward to standing out in the workplace because of what I have learned.

Written by Aidan Philbrick ’25

May 3, 2024

Jim Keyes ‘77 Inspires Lifelong Learning

Holy Cross recently had the honor of hosting notable alumni Jim Keyes ‘77, member of the Holy Cross Board of Trustees, who took the time on April 25, 2024 to engage with students and share insights from his new book, “Education is Freedom.” Keyes’ journey from humble beginnings to becoming a successful business leader as former CEO of 7-Eleven and Blockbuster is not only inspiring but also filled with valuable lessons for young students across the globe.

Keyes began his talk by delving into his childhood, where he experienced the challenges of living in poverty with a house lacking basic amenities like running water. Despite these hardships, he was determined, always putting his best foot forward in everything he did whether it was sweeping the floors at McDonald’s with incredible speed or outworking white-collar employees at corporate internships.

One of the pivotal moments in Keyes’ early career was his internship at Gulf Oil. Here, he demonstrated his dedication and passion for his work, which quickly made him stand out among his peers. However, his commitment to excellence didn’t go unnoticed, and he encountered resistance from a colleague who felt threatened by Keyes’ hard work, fearing it would reflect poorly on others.

Keyes’ experiences shaped his belief in the power of education and continuous learning. He understands that education is not just about academic knowledge but also about personal growth and empowerment. In his book, “Education is Freedom,” Keyes emphasizes the importance of education in preserving democracy and promoting critical thinking. Keyes highlights the role of education in fostering an informed electorate capable of discerning truth from fiction. He advocates for a return to the values of civil discourse, critical thinking, and lifelong learning.

“Education Is Freedom” serves as a self-help guide for individuals and society as a whole. It allows readers to embrace education as a tool for personal and collective growth. Keyes believes that knowledge is the ultimate freedom, as it provides individuals with the chance to navigate challenges, make informed decisions, and contribute meaningfully to society.

Keyes’ journey from childhood poverty to advocating education for freedom is a testament to the transformative power of learning. With support from Snoop Dogg, Mr. Beast, and many more influential individuals, it is no secret that Holy Cross is beyond grateful to have someone like him share their personal experience.

Thank you to Nico Corporon ‘26 for this event recap!

April 8, 2024

WooTank Intercollegiate Showdown

On April 2, 2024, eight student-run organizations participated in the inaugural WooTank Intercollegiate Showdown at the BrickBox Theater in Worcester hoping to secure real investment for their startup company. Student entrepreneurs hailing from the College of the Holy Cross, Clark University, Nichols College, and Worcester Polytechnic Institute, presented to a panel of esteemed and notable sharks. Among them, Brian Geisel serving as the CEO of Geisel Software, Mark A. Wingertzahn, Ph.D., holding the position of Head of Development at INVIVYD, and Margaret McEvoy-Ball, with 40 years of experience in technology marketing and sales.

Representing the College of the Holy Cross were TJ Haigh ‘26 showcasing his app Trivflic and Logan Mott ‘27 and his brother Skylar Mott (who attends Leigh) revealing their invention Mark-It. Trivflic was awarded $2,000, and Mark-It received $1,500 to continue the growth of their initiatives. Moreover, all teams received valuable in-kind rewards, including 100 hours of mentorship from the sharks, WorcLab memberships, strategy sessions with Mike Mitchell, and meetings with MassVentures.

Congratulations to our students from the College of the Holy Cross for their pitches:

– TJ Haigh ‘26 founder of Trivflic

– Logan Mott ‘27 and Skyler Mott founders of Mark-It

Further congratulations to the following students pitching from Nichols, WPI and Clark: Continue reading “WooTank Intercollegiate Showdown”

March 26, 2024

11th Annual Cross Tank Competition

The 11th annual Cross Tank Competition took place on Monday, March 25th, at Smith Labs 155, hosted by HC Launch through the Ciocca Center. This year showcased an array of pitches, highlighting fresh and innovative approaches to problem-solving. Ideas ranged from optimizing track and field distance tracking to unveiling a 100% waterproof fabric, an app for musicians to collaborate to, and more.

Our panel of judges brought a wealth of diverse expertise to the table, featuring 2022 winner Nick Lazzaro ’23, Venture Forum Executive Zak Dutton, and Adjunct Professor and Healthcare Executive Tom Patton ’86. Teams vied for a total prize pool of $9,250.

The competition unfolded in two categories. In the Concept Stage, participants presented business ideas poised for launch:

First Place ($1,500):

Continue reading “11th Annual Cross Tank Competition”

March 14, 2024

Navigating Venture Capital: Insights from Joe Darcy ’11

After having the chance to sit down with Holy Cross alumni Joe Darcy ’11, many valuable insights were taught on the inner workings of a venture capital firm, career paths leading up to these roles, and how students can maximize their time while here on the hill.

Joe’s journey into the world of venture capital has landed him as Investment Manager at Volvo Group, where he plays a pivotal role in the company’s team. With a focus on investing in startups relevant to Volvo’s industry sectors, Joe and his team conducted thorough due diligence, meeting with hundreds of startups annually to find the right fits for the company’s investor portfolio. Joe’s entrepreneurial background—starting his own hockey club at just 14 and building the Holy Cross Club Hockey team from the ground up while serving as club president—equipped him with the mindset needed to thrive in the fast-paced world of venture capital.

Drawing parallels between building a VC portfolio and assembling a hockey team, Joe emphasized the importance of diversity in both. Just as a hockey team needs a mix of forwards, defensemen, vocal leaders, and quiet leaders to succeed, a well-rounded VC portfolio requires a diverse range of startups with different strengths and personalities. It’s this blend that ultimately leads to success, as each startup contributes to the collective goal of building businesses and generating investment returns.

Joe also shared valuable academic advice for current Holy Cross students. He emphasized the importance of taking advantage of resources like .edu emails to network and explore career opportunities early on. This access provides students with a distinct advantage in connecting with alumni and industry professionals, facilitating mentorship, internships, and job opportunities crucial for their future careers. Joe encouraged students to embrace their time at Holy Cross as a period of growth and learning, urging them to be sponges and absorb as much knowledge and experience as possible. He highlighted the benefits of the tight-knit community at Holy Cross, which not only fosters strong relationships but also prepares students for professional workspaces beyond graduation.

In conclusion, Joe’s journey from Holy Cross to venture capital exemplifies the value of a liberal arts education in preparing students for diverse career paths. Through his experiences, Joe has not only made the most of his post-grad life but also offered valuable insights and advice for current and future Crusaders embarking on their own professional journeys.

Written by Nico Corporon ’26

February 22, 2024

Nick Lazzaro ’23 Wins 40 Under 40 Award

In recent news, Holy Cross has been excited to witness the achievements of one of its alumni, Nick Lazzaro, a member of the class of 2023. Nick has been making headlines in the entrepreneurial realm with his company, Nick’s On-Site Detailing. His journey from a student at Holy Cross to a successful business owner not only deserves applause but also offers valuable lessons for aspiring entrepreneurs within our community.

Nick’s recent recognition in the Worcester Business Journal’s esteemed 40 Under 40 awards ceremony is a testament to his dedication and innovation through Nick’s On-Site Detailing. This acknowledgment not only celebrates his achievements but also highlights his entrepreneurial spirit, which has set him apart in the business world.

During his time at Holy Cross, Nick actively engaged in the Ciocca Center Shark Tank Competition, an experience he considers pivotal in shaping his entrepreneurial path. Reflecting on this experience, Nick emphasizes the importance of effective pitching, noting how the competition provided him with a platform to refine his skills, receive valuable feedback, and gain confidence in presenting his ideas. “The shark tank competition was instrumental in my pitching skills development. It allowed me to learn from mistakes, receive feedback from alumni, and gain comfort in presenting,” Nick shared.

A key takeaway from Nick’s journey is his unwavering determination to seize opportunities and step out of his comfort zone. His decision to apply for the Worcester 40 Under 40 award underscores the significance of taking risks and putting oneself out there, ultimately leading to remarkable achievements. Nick also advises current Holy Cross students to embrace challenging coursework, believing it will equip them with the skills and resilience needed for future success.

Nick Lazzaro’s journey from Holy Cross student to a recipient of prestigious business awards is both inspiring and instructive. His story serves as a beacon of hope for budding entrepreneurs within the Holy Cross community, reminding us of the importance of perseverance, seizing opportunities, and embracing the journey towards our work.

Written by Nico Corporon ’26

February 12, 2024

Massachusetts Biomedical Initiatives Site Visit

My name is Maeley Nakamura and I am in the class of 2026 majoring in Economics and minoring in Ethics, Society, and the Institution of Business and pursuing a business fundamentals certificate alongside entrepreneurship. I had the opportunity to go on a Site Visit to Massachusetts Biomedical Initiatives (MBI), as it is a step to earning a Certificate in Entrepreneurship. Massachusetts Biomedical Initiatives, located in Worcester, is an incubator that encourages scientists to take transforming innovative ideas and make them into tangible realities, empowering entrepreneurship.

During the visit, Jon, the CEO of MBI, provided us with a thorough tour of the facility, offering insights into entrepreneurship in biomedicine. One of the hallways we walked through showcased various inventions originating from Worcester, such as pieces of the space suit, birth control, and the duckbill pipe wrench. It was fascinating to see how MBI continues to foster innovation through its incubator. While technically an incubator, I found it unique that MBI exhibits qualities of an accelerator by actively supporting and guiding entrepreneurs through the entrepreneurial process. The environment and architecture of the building was particularly notable with each floor, wing, and section representing a different stage of progression. For example, the journey for entrepreneurship at MBI starts in a small lab room for initial experimentation and research then goes into larger labs with an office dedicated for manufacturing. When the tour concluded, we all sat down to converse and ask questions. Jon shared some valuable insights. Something that stuck out to me was his ideas of the entrepreneurial mindset. He says some great advice he was given was to meet one new person every day to expand your network, adhere to the “touch a paper only once” principle to promote efficiency and productivity, and be a problem solver, addressing challenges proactively. Jon also emphasized the importance of a liberal arts education, highlighting that liberal arts students know how to learn. In conclusion, I personally had the best time during the site visit. I was able to get a glimpse of the complex and powerful ecosystem of biomedicine entrepreneurship at MBI.

Written by Maeley Nakamura ’26

December 8, 2023

Entrepreneurship Course Students Pitch Business Ideas for Final Presentations

Thursday, December 7th marked the last day of classes and final presentations for students in the Entrepreneurship Class taught by Tom Patton ’86. Students presented business ideas to a panel of judges from SV Health Investors, including Andrew Capetta, A.J. Rossi, and Megan MacDonagh. SV Health Investors is a venture and private equity investor that backs entrepreneurs in the healthcare space.

Students pitched their ventures on a variety of innovative topics including:

PennyVentures, an app to support students who study abroad that combines budgeting, social media, and connections to local restaurants and services vetted by users.
Bass River Cruise, a luxury boat company providing unique water bound experiences on the Cape.
Splitz, an app that easily divides expenses for group online orders.
VapeEscape, nicotine patch therapies in fun shapes and colors to encourage young adults to quit vaping without the stigma.
UniBite, an app to aid college students in maintaining healthy and nutritious diets.

After deliberating, the panel announced the winning teams. Second Place went to Team UniBite comprised of Devyn Gianino ‘25, JP McCarthy ‘24, Ashley Bunici ‘26, and Nico Corporan ‘26. First Place went to team VapeEscape comprised of Eileen Evans ‘25, Mikey Rufino ‘24, and Mary Pat Sayre ‘24.

To close the event, Cassie Gevry, Associate Director of Business Certificate Programs for the Ciocca Center at Holy Cross, shared the dates for upcoming spring events such as CrossTank, the annual Holy Cross spring pitch competition, to be held on March 25, 2024. She also announced that the city of Worcester will hold the inaugural WooTank Intercollegiate Showdown on April 2, 2024 where winning teams from their respective college competitions will compete for capital from real sharks. This year, competing colleges include Holy Cross, WPI, Clark University and Nichols College. Students from the Entrepreneurship course were encouraged to compete.

November 13, 2023

2023 Innovation Challenge – Recap

The Ciocca Center, in partnership with HC Launch, hosted the annual Innovation Challenge yesterday afternoon. Yesterday’s competition revolved around business solutions for SidelineSwap, the premier marketplace dedicated to connecting athletes and sports enthusiasts in the dynamic world of sports gear selling. Founded by Brendan Candon ’10 in 2015, SidelineSwap has a remarkable track record of facilitating transactions exceeding $250 million and has earned its place among the fastest-growing global marketplaces, as recognized by the esteemed Andreessen Horowitz A16z Top 100 list. Backed by influential investors, including strategic partners such as Dick’s Sporting Goods and eBay, SidelineSwap is not only a platform for buying and selling sports equipment but a community-driven hub that empowers athletes to access quality gear affordably. The recent addition of the Trade-in Platform further exemplifies SidelineSwap’s commitment to innovation, enabling retail partners to create circular shopping experiences and fostering a sustainable and accessible marketplace for sports enthusiasts worldwide.

Students were tasked with pitching one of three solutions proposed by the CEO himself:

Identifying Potential Sales Opportunity:

Identify a sport with over $10 million annual secondhand gear sales potential, requiring research on market size and characteristics for a successful second-hand marketplace.

Creating a User Experience Using AI:

Design an AI-driven user experience to address user problems and drive positive outcomes for SidelineSwap.

Designing a Solution For Cleaning Bats and Clubs in Bulk:

Propose solutions for efficiently cleaning baseball bats, softball bats, and golf clubs in bulk before listing on SidelineSwap.

Integrating AI into the UI: Securing 1st place, API-tizer tackled the challenge by suggesting an innovative incorporation of AI into SidelineSwap’s user interface. Rather than taking the conventional route of directly enhancing the user experience, API-tizer put forth a groundbreaking proposal to integrate AI seamlessly into SidelineSwap’s UI. This integration, facilitated through an API, was specifically aimed at photo verification and data-related processes for enhanced verification. The team not only addressed the prompt but also demonstrated forward-thinking by devising cost-effective strategies for the smooth integration of this advanced tool. Their pitch underscored a profound understanding of how strategically deploying AI could fortify user trust and elevate the overall credibility of the platform.

Savvy Sam: Claiming the 2nd place position, Team Sam directed their focus toward creating a more personalized and efficient user experience. Their innovative solution involved introducing a virtual chat assistant, named Sam, to SidelineSwap’s website. This AI-powered assistant was conceptualized to facilitate personalized user interactions, streamlining the process for users to find customized sports gear more efficiently. Team Sam’s approach emphasized the importance of user-centric design and showcased a commitment to enhancing the overall journey for SidelineSwap users, aligning with the prompt’s objective of using AI to drive positive outcomes for the business.

Squeaky Clean Solutions: The Clean Team, securing 3rd place, devised a meticulous solution aimed at optimizing the cleaning process for SidelineSwap. Acknowledging the operational challenge of managing thousands of sports products, especially baseball bats, softball bats, and golf clubs, the team presented an innovative proposal. Their approach involved implementing ultrasonic cleaners for golf clubs, demonstrating a practical and cost-effective strategy to enhance efficiency and reduce costs in the cleaning process. The Clean Team’s pitch showcased a thorough understanding of the operational intricacies within SidelineSwap’s warehouses, highlighting the significance of maintaining product quality through streamlined cleaning procedures.

Thank you to our judges, Tom Brennan ’86, Terry Waters ’81, and Brendan Candon ’10 for their invaluable time, expertise, and thoughtful evaluation during the SidelineSwap Innovation Challenge.

Winners:

API-tizers (Meggan Fourie ’25, Maura Switzer ’25, Ivor Teagle ’25)

1st Place – $1,000: API-tizers (Meggan Fourie ’25, Ivor Teagle ’25, Maura Switzer ’25)

2nd Place – $500: Team Sam (Nico Corporon ’26, Sean Doyle ’26)

3rd Place – $250: Clean Team (Briana Sullivan ’24, Nico Popeleski ’26, Maya Kryzwda ’24)

Written by Liz Garfield ‘24

October 27, 2023

From Liberal Arts to Co-founder and CEO: A Conversation with Brendan Candon ’10

The Innovation Challenge provides students with a unique opportunity to collaborate with local businesses or non-profits, addressing real-world issues and presenting innovative solutions. This year, the challenges are focused on SidelineSwap, an online marketplace for sporting equipment co-founded by Holy Cross alumnus Brendan Candon ’10. In a recent interview with Maeley Nakamura ’26, Brendan shared his journey from a political science major at a liberal arts school to becoming the CEO of SidelineSwap and how his experiences at Holy Cross shaped his entrepreneurial success.

MN: As a political science major at Holy Cross, how did your liberal arts education contribute to your entrepreneurial success?

BC: “As an entrepreneur, there’s no blueprint. You’re constantly problem-solving and learning across a broad surface area. And the learning is often self-directed. There’s no better foundation for entrepreneurship than liberal arts because you learn how to learn and you have an opportunity to study a broad range of subjects – from economics and accounting to political science and psychology.

Majoring in political science helped prepare me for an environment where the right answer is often far from obvious. I learned to think critically, consider multiple perspectives, understand multiplayer strategy, and communicate persuasively.

In both politics and business, it’s up to the leader to ask the right questions, distill the information at hand, make the best decision possible and influence their teams to pursue that plan of action. As a political science major and history minor, I had an opportunity to study these dynamics through history’s most challenging conflicts and greatest leaders, and I think that prepared me well for life as an entrepreneur.”

Long before Brendan founded SidelineSwap, he had a history of starting businesses and talks about his successes and failures along the way, and the story of how SidelineSwap started.

MN: Did you always know that you wanted to be an entrepreneur? Continue reading “From Liberal Arts to Co-founder and CEO: A Conversation with Brendan Candon ’10”