UMBC students turned entrepreneurs sell mobile app to Hanover company
Talk about a hands-on experience. What started as a class project in entrepreneurship has turned into a real-life business opportunity for a handful of University of Maryland, Baltimore County students.
The group of students, who were part of a fall 2012 freshman seminar class on entrepreneurship and innovation, have sold the intellectual property rights for their class creation — a campus navigation mobile application — to Hanover’s Tecore Networks. The goal of the class was for students to work together to develop an idea for a product or service, then work together to bring their idea to market.