Through a generous gift from the late Engineering alumnus and entrepreneur Hubert E. Storer (BS 1959 in industrial engineering), president, owner and founder of Storer Equipment Company, Shreveport, LA, the College of Engineering has established the Hubert E. Storer Engineering Student Entrepreneurial Start-up Award that provides initial financial support of College of Engineering students’ technological business plans.
Competing for a 2016-2017 $5,000 Award
Any University of Iowa College of Engineering undergraduate student or graduate student (except international students) is eligible to compete for the Storer Entrepreneurial Start-up Award. (Due to Federal laws, international students are not eligible for the award.)
Students will submit entries – in the form of formally written business plans – to the College of Engineering Dean’s Office (deadline is March 1, 2017). A review panel will judge the entries, and "elevator pitch" presentations will be made by the student finalists in front of the panel. The panel will recommend an award recipient to the College of Engineering Dean.
Student recipients enrolled in a College of Engineering degree program will be allowed to register their award as a qualified internship on their transcript. Each student recipient will have access to an entrepreneurial mentor, provided by the John Pappajohn Entrepreneurial Center.
Any student company receiving a Storer Award may re-submit a business plan in the following year's competition for additional funding.
- August 2016-March 2017 - Jeff Nock (319-335-1022, firstname.lastname@example.org), lecturer at the John Pappajohn Entrepreneurial Center, and Megan Allen (319-335-5768, email@example.com), registrar, Engineering Student Services, are available to meet with Engineering students interested in competing for a Storer Award.
- March 1, 2017 – Deadline for submission of formal business plans by Engineering students to Engineering Dean’s Office.
- Early April 2017 - Student presentations are made in front of the panel of judges.
- Mid April 2017 – Award recipient company is announced and a $5,000 check, payable to the winning company business plan, is awarded.
- By June 30, 2018 - Award recipient company will file an annual written progress summary with the Engineering Dean's Office.