Rackin’ Up – MDR Students Compete and Win in Entrepreneur Contests and Industry-Sponsored Competitions
Feb 20,2014

A flyer….an idea….an investment. 

MDR junior Adriana Solis saw a flyer describing an idea contest with the question……how much is your idea worth?  For Adriana, Tracy Harwood, and Magdel Frias, their idea was worth a lot - $20,000.  Their team competed against more than 100 initial teams from a variety of disciplines on campus to garner first place in the New Venture Creation Contest and receive thousands of dollars in start-up money for their Method 7 Magazine (M7M).  In addition, Priscilla Montez, a senior in MDR, who has her own apparel and accessories company, earned the honor of second place and $10,000 in the competition.  Of the three prizes awarded, MDR garnered the top two!  The Murphy Center for Entrepreneurship on the UNT Campus sponsors this competition. 

In 2012, an interdisciplinary team of over 40 student members at UNT began to create and produce a series of high-end fashion and trend magazines, both online and in glossy print.  Adriana’s vision and leadership of this group and the growth of the magazine into a business, eventually led her to the New Venture Creation Contest. 

Priscilla Montez, a senior in MDR, has an interesting story.  She has designed, produced, merchandised and sold her own line of bespoke apparel and accessory products since 2009 through her website PriscillaMontez.com.  She learned of the Murphy Center contest through a series of seminars she took to gain more knowledge to apply to her business.  Priscilla stated about UNT and MDR, “My time at UNT has been important to earn my degree and to be prepared.  My products are my passion and I strive to create items to fit my clients’ personalities.”

The Murphy Center competition involved several months of rigorous work and required the contestants to create and present a variety of components.  These items were judged and the pool of 100+ teams was reduced to 10 teams.  Upon advancing to the next level of competition, the contestants developed a 20 page business plan with financial projections and delivered a 20 minute formal presentation to a panel of industry and academic judges.  The final announcement of the winners of the contest took place at a professional luncheon at the Hilton Anatole in Dallas featuring speakers Damond John from Shark Tank and Scott Miller, President of Interstate Battery.  Over 700 people attended this event where scholarships as well as the competition winners are awarded.  

All of the competing teams were assembled at the back of the room awaiting the announcement of the winners.  Adriana, Tracy and Magdel received the top honor and seed money of $20,000 to further their business venture.  Priscilla Montez won second place and $10,000 toward growing her business.  Notably, Priscilla was the only entrant in the contest who created and submitted the required components and presented to the panel of judges on her own!     

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