UNIVERSITY PARK, Pa. — Teams led by Penn State students again this year made a strong showing in an online international competition hosted by Ben-Gurion University of Negev, Israel, and in partnership with The Center for Penn State Student Entrepreneurship (CPSSE).
Team Traceables placed second in the "Triple Bottom Line Challenge," the name of this year’s competition, which featured 205 students who submitted 104 ideas from seven different colleges and universities. In addition, Team Umbrella was selected as one of nine finalists to be featured on the competition’s website. Anne Hoag, director of the Center for Penn State Student Entrepreneurship, served on the international panel of judges.
“After the announcement in March that the rest of the spring semester would be virtual, I wanted to find a way for entrepreneurial-minded students to stay engaged,” Hoag said. “Ben Gurion University’s invitation to join the Triple Bottom Challenge created just that opportunity for our students.”
Each year, Ben-Gurion University invites international submissions for a challenge that asks participants to develop an innovative idea to solve real-world problems. This year’s challenge asked for ideas that incorporate the philosophy of the “triple bottom line,” which in addition to profit considers planet and people.
Yossi Shavit, director of the Bengis Center for Entrepreneurship and Innovation at BGU, said they saw an opportunity to incorporate the COVID-19 pandemic into the challenge as universities around the world were making the transition to virtual learning.
“By asking students to think about making our current world a better place, we wanted to get students thinking practically and entrepreneurially in a way that could both have an immediate impact on our daily lives and bring students from around the world together over this shared experience,” Shavit said. “This was the first time we ever held a challenge competition completely virtually, and we were amazed to see the level of commitment and dedication students put into this year’s Triple Bottom Line Challenge.”
Team Traceables
Alex Grosek, majoring in finance, led Team Traceables, whose idea was an “online marketplace for project instructions and a local listing and booking service for short-term workspace rental.” Grosek was joined by Traceables teammates recent Penn State graduate Daniel Shoemaker, mechanical engineering and entrepreneurship and innovation (new venture track), who is now pursuing a doctorate in mechanical engineering at Penn State; Mitch Kelly, a recent graduate of the University of Pittsburgh; and Samarth Desai, a recent graduate of Harvard University.