This week, Ventureprise Marketing and Communications Intern Madison Brewington sat down with 49er Foundry member Treven Stoddard.
Treven Stoddard - Senior
Major/Minor: Computer Science with a concentration in Mobile and Web Application
How did you discover Ventureprise?
I discovered Ventureprise online through the school’s website, www.entrepreneurship.uncc.edu, and came to the Ventureprise office to meet with Devin Collins. I have since participated in the Ventureprise Launch NSF I-Corps program and 49er iChallenge event where I was able to promote my business ideas to potential investors and the Charlotte community.
Company Name: Genubot- www.genubot.com
Describe your business idea.
Genubot is a smart learning system that inputs mathematical equations and allows students to see what topics they don’t understand and questions they missed. It also tracks your progress and gives you feedback on how well you are doing.
How did you come up with this idea?
I came up with this idea in my calculus class. My T.A had very bad social anxiety and struggled with giving the students in the course additional assistance on math equations.
When starting a business, you have to make several decisions that require experience and feedback. With Ventureprise being on campus, it gave me access to those type of resources.
What advice would you give to those who want to join the Ventureprise program?
Ventureprise helped me grow as an entrepreneur. If you are interested in starting a new business it has all the tools you need and you’ll learn how to find your market through customer discovery.
What are you doing now with your business?
Now, I am focused on acquiring tutoring centers. When I first had the idea, I thought students would want to buy the service. After doing research and participating in Ventureprise Launch NSF I-Corps, I realized students don't want to pay for the application. What I did find is that tutoring centers would be a paying customers because its a tool that would help students who are struggling in math.
What do you see yourself doing in the future?
Because I am confident in what I am doing now and what I have started, I plan on being an entrepreneur.