Finance main Jake Reisig gained with a enterprise concept for rental transparency
By Justin Malone, Workers Author
On Jan. 31, the Xavier Pitch Competitors honored the dedication and noteworthy successes of eight undergraduate college students of their entrepreneurial pursuits, with one scholar’s enterprise concept incomes him a enterprise to the Huge East Startup Competitors later this month.
Through the Xavier Pitch Competitors, held on the Robinette Heart for Innovation, every scholar ready a five-minute video pitch of their concepts and answered questions from a panel of judges composed of Xavier college members and alumni who’ve based their very own profitable companies.
Jake Reisig, a senior finance main, was topped this 12 months’s Xavier Pitch Competitors winner for his enterprise, SpotCheck, a rental overview web site that permits renters to price and overview their landlords. Because the victor, he obtained a $1,500 prize to assist develop his enterprise concept.
Picture courtesy of bigeast.com
The winner of the Xavier Pitch Competitors will advance to the Huge East Startup Problem subsequent week, the place he’ll compete towards scholar entrepreneurs from a big selection of faculties.
By his enterprise, Reisig needs to assist potential renters, particularly faculty college students, make extra knowledgeable choices throughout their seek for rental housing.
“Loads of rental overview web sites are simply concerning the property. And an issue we now have with college students lots is that they’re new to renting,” Reisig stated.
“They don’t actually know what’s what, and nobody can discover details about the precise landlord who college students are in a contract with for lengthy durations of time. So, with my enterprise, I’m making an attempt to provide college students extra perception into that,” he defined.
Reisig credit his expertise within the rental business working with Flyco Administration as important to his curiosity in the actual property subject and the efficacious growth of the enterprise.
“Among the concepts I generated have been from simply being within the business. The thought actually comes from recognizing what the boundaries are, what’s onerous for landlords to market to college students and what’s onerous for college kids to determine concerning the landlords,” Reisig said.
Picture courtesy of xavier.edu
Jake Reisig, senior finance main and winner of this 12 months’s Xavier Pitch Competitors, proposed an answer to rental difficulties for school college students.
The judges additionally acknowledged three different prize winners together with Reisig for his or her concepts, which encompassed a number of numerous industries.
Senior Zack Cuda, an entrepreneurship and innovation main, was awarded second place and a $1,000 prize for his concept Studio Share, a platform that permits people to lease out recording studio area for musicians.
Junior Megan Osting, an entrepreneurship and innovation and advertising and marketing double main, completed third place and obtained a $500 prize for her concept, Vault, which permits college students to work together with corporations and perceive firm tradition by TikTok-style video content material.
Kat Seebeck, a senior entrepreneurship and innovation and administration double main, gained the $500 prize for Finest Well being Care Thought for her product Mixie-Stix, a tool that detects if a drink has been spiked.
“The competitors is inviting numerous units of pondering to make use of entrepreneurship and innovation, no matter they’re enthusiastic about. It’s giving them that actual world classroom expertise that goes slightly bit past having a high-level concept,” Ben Alegre, Heart for Innovation Coordinator, siad.
“You’ve gotten six business professionals with numerous backgrounds poking holes in entrance of 60 of your folks… You need to assume in your toes, and also you don’t get that wherever else,” he added.
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