HILADELPHIA, MAY 3, 2022 – The University of Pennsylvania’s Venture Lab is pleased to announce the winner of the sixth annual Startup Challenge, sponsored by Eric Aroesty, C’92: ToxiSense, co-founded by a team of four University of Pennsylvania freshmen, Aravind Krishnan, C’25, W’25; Udit Garg, ENG’25; Andrew Diep-Tran, W’25; and Aarush Sahni, C’25. The Startup Challenge was held on April 29, 2022 at Tangen Hall, the University of Pennsylvania’s hub for student entrepreneurship and innovation.
Venture Lab is pleased to announce the creation of a new Entrepreneur in Residence program, a marker of the continued growth for the newly-formed entrepreneurship center. The newly-established position is a long-term engagement with the center to provide workshops, office hours, and general advising/mentoring to support early-stage student and alumni ventures in our Venture Initiation Program. Open to all Penn alumni, the role doubles as a meaningful way for former participants of the program to return to their innovative roots and support the development of the entrepreneurial ecosystem at the university. After a strict selection process, the center is delighted to announce that Doug Baldasare, CEO and Founder of ChargeItSpot, a world leader in cell phone charging stations, will serve as the inaugural Entrepreneur in Residence. Baldasare developed the concept for ChargeItSpot during his time in the program as an MBA student at the Wharton School and continues to serve as CEO.
EMBAs are no longer the preserve of corporate high-flyers, as alumni go it alone
Legend, an undergraduate alumnus, was recently honored by Venture Lab, the University’s entrepreneurship center, during a virtual livestream event.
With a new name and a new home, Venture Lab — formerly known as Penn Wharton Entrepreneurship — is the culmination of a nearly 50-year journey to help aspiring founders at Wharton and across the university realize their visions.