CBE student named finalist in regional competition
TOWSON, Md. (April 23, 2007)--
Timothy Kassouf is one of seven finalists in this year’s Greater Baltimore Technology Council (GBTC) MoshPit competition. This is the second consecutive year that Kassouf, a senior marketing and e-Business major at Towson University, was named as a finalist in the competition.
The MoshPit competition is a regional challenge created to provide students of area colleges and universities with the opportunity to experience every aspect of starting a business, from recruiting employees and advisors to pitching potential investors of funding.
In his idea to create AllowanceOnline.com, Kassouf proposes a venture that will allow parents to create accounts for children ages 13 to 18 to shop online. Through research, Kassouf and team members seniors Kelly Norris and Bryan Christmas found that children ages 13 through 18 are spending at least $1 trillion annually and that a major component missing is their ability to shop online.
“This idea just hit me in the face because it made so much sense,” Kassouf said. “It’s taking two huge trends and pushing them together into one idea.”
In addition to serving as a finalist in MoshPit, Kassouf’s entrepreneurial spirit spurred him to grow the Electronic Business Association (eBA) from a one-member student organization to a group of 35. As president of the eBA, Kassouf has connected student participants to members of the community including Tom Iler, CIO of Advertising.com.
This spring, Kassouf was also one of eight candidates in The Associate competition, Towson University’s adaptation of the NBC hit series The Apprentice. Throughout The Associate competition, 1st Mariner Bancorp, MGH, Girls’ Life magazine and Laureate Education presented cases to the student candidates who split into two teams.
Among the 136 original ideas submitted to the MoshPit competition from area schools, 45 were selected. Of the 45 ideas chosen, 38 were selected during the first round of elimination, 35 business plans were submitted and, subsequently, seven finalists were chosen. GBTC will announce the winner of the MoshPit competition on Thursday, April 26.