A new funding source is now available for startups, minority-owned, underserved and other local businesses looking to start and grow in the Auburn area. The Industrial Development Board of the City of Auburn, with the support and concurrence of the Auburn City Council, has worked to recruit Sabre Finance to locate a branch of its operation in Auburn, bringing a new funding option to the local business community.
The Lowder Center for Entrepreneurship and Family business is inviting students to participate in Auburn’s first Startup Weekend on Friday, April 1 - Sunday, April 3, in Horton Hardgrave Hall. During Startup Weekend, students form teams around business ideas, work throughout the weekend to validate the idea, develop a working prototype/demo and present to a panel of judges.
We Parlay, a Tuskegee-based start-up with ties to Auburn University, recently hosted an event at the New Venture Accelerator located in Auburn's Research Park to recognize and help drive the success of local area Black-owned businesses.
Nineteen student-led teams pitched their business ideas before industry professional judges on Friday January 28 at the New Venture Accelerator. Eight teams were selected to advance to the February 25 Tiger Cage semifinals round.
The New Venture Accelerator welcomed a team from 18:56, the Auburn Alumni Association's online speaker series. Their live broadcast included a "walk and talk" through the accelerator which gave them a chance to feature some of our startup companies.
Starting a business while pursuing an academic degree is a daunting task but is becoming increasingly popular here at Auburn University. Students with the goal of meeting a marketplace need by developing an innovative product or service are increasingly choosing Auburn because of the entrepreneurship education and programming it provides.
Aspiring entrepreneurs and current business owners are invited to upcoming workshops hosted by the City of Auburn in partnership with Auburn University Outreach’s Government and Economic Development Institute (GEDI) and the Auburn University Harbert College of Business. There are two free workshops to choose from: a single, half-day option; and a five-week, one hour each Monday Zoom series.
Fall Saturdays have gotten complicated for Michael Zabala, founder and chairman of XO Armor. Rooting for, say, West Virginia or even Clemson hasn’t been that hard. They’re in different conferences. Auburn hasn’t played West Virginia since the “Rain Game” Zabala flew back from Stanford grad school for in 2009. They’ve somehow managed to go four full years without playing Clemson.
Innovative tech company Tennibot, which originated out of Auburn University, continues to make great strides in the City of Auburn’s incubator system at Auburn Center for Developing Industries (ACDI). Tennibot recently completed a successful funding round, exceeding goals and expectations.
Thinking of starting a business in Auburn? Join the City of Auburn for the next Start in Auburn event: How to Start Your Business. LaTrice Mose, revenue manager with the City of Auburn, will talk about the steps to get your business going, including obtaining a business license, permits and how to file and pay taxes.