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CTM and Greif Center Host 2nd Silicon BeachAwards 50k to Tech Startups and Provides Thought Leadership to Tech CommunitySeptember 23, 2013 • by News at Marshall
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- Sellbot, a multichannel e-commerce platform for online sellers to manage inventory, fulfill orders, price items and improve customer feedback. Created by USC Marshall senior Michael Ahdoot and his brother Payam Ahdoot MBA ’13, Sellbot took first place and won $25,000 toward their venture. Michael, a self-described lifelong hacker, is the duo’s programming mind, while Payam works on the sales and marketing side. The Ahdoots became the seventh-biggest sellers on eBay.
- iScout, a football video-indexing platform incorporating analytics and data.The platform would enable the NFL and NCAA to use advanced statistics and predictive analytics to make better-informed play and scouting decisions. Founders Andrew Abramson, Brandon Ballew, Andrew Costa and Vincent Tsang, all in USC Marshall’s part-time MBA program, were awarded $15,000 for iScout. They also received a $5,000 award from the Marshall Center for Global Innovation for most disruptive technology — a way of saying the platform has the potential to change the business of professional and collegiate sports.
- Pelv-ice, a patent-pending medical device that provides non-invasive pain management, abdominal, lower back and groin support with therapeutic ice/heat for people recovering from pelvic trauma like athletic groin injuries, childbirth or urological surgeries. Founded by Jill Bigelow MBA ’07, a finance professional, the venture finished third and won $10,000 to aid in company development.
Southern California offers two institutions that Silicon Valley can’t: Hollywood and USC. And as the two players grow increasingly connected in the digital world, so grows the region’s entrepreneurial tech culture, headquartered at what’s dubbed “Silicon Beach.”
Top executives from Hollywood studios, creative minds from Los Angeles-area tech startups and leaders in academia recently came together at the second annual Silicon Beach@USC conference. Organizers highlighted innovations in digital media and technology and awarded funds to promising new enterprises.
“When we talk about Silicon Beach and what’s unique about LA, there are certain things here that you’re not going to have anywhere else in the world,” said Jay Tucker, Silicon Beach@USC founder and chief marketing officer and interim director of the Institute for Communication Technology Management at the USC Marshall School of Business. “We have Hollywood. We have elite universities. The business community, the communications industry, the entertainment industry and the engineering disciplines, USC and SoCal are places that uniquely synthesize these disciplines and create new business opportunities. We have a chance to build things that can’t be built anyplace else.”
The Sept. 17-18 event was hosted by the Institute for Communication Technology Management (CTM) and the Lloyd Greif Center for Entrepreneurial Studies and attracted nearly 500 participants to USC’s Ronald Tutor Campus Center.
Presented with the USC School of Cinematic Arts’ Entertainment Technology Center, the USC Annenberg School for Communication and Journalism and the USC Viterbi School of Engineering, the conference included a day of panels and keynote addresses on a variety of topics, including how to build a tech startup, mobile strategy and perspectives from studio execs on new media economics.
The conference also included a presentation of the Silicon Beach Awards, which provide development and capital support for new ventures with a USC connection. Eight finalists — selected from a pool of 62 applicants whose ventures focus on technology, digital media or entertainment — vied for $50,000 in prize money. (Enterprises had to have at least one current USC student — graduate or undergraduate — or at least one USC alum less than 10 years from graduation.)
Among the Silicon Beach Awards winners:
A variety of finance executives and tech veterans spoke in panel discussions moderated by Tucker and USC Viterbi’s Ashish Soni. Among the lead conference speakers:
• Gerard Tellis, director of Marshall’s Center for Global Innovation and author of Unrelenting Innovation, spoke about the need for companies to strive to embrace risks.
• Albert Cheng, executive vice president and chief product officer of digital media for the Disney/ABC Television Group, talked with David Cohen of Variety about the culture of innovation at Disney/ABC Television Group that has encouraged his group to experiment with new viewing platforms, second screen experiences and interactive programming. In particular, he spoke to the company’s great strides in being the first entertainment cable and broadcast networks to get authenticated TV Everywhere products into the marketplace with WATCH ABC, WATCH Disney Channel, WATCH Disney XD and WATCH Disney Junior services for online, smart phones and tablets.
Visit USC Marshall’s event site for a full list of presenters and other information on the Silicon Beach@USC conference.
About the USC Marshall School of Business
Consistently ranked among the nation's premier schools, USC Marshall is internationally recognized for its emphasis on entrepreneurship and innovation, social responsibility and path-breaking research. Located in the heart of Los Angeles, one of the world's leading business centers and the U.S. gateway to the Pacific Rim, Marshall offers its 5,700-plus undergraduate and graduate students a unique world view and impressive global experiential opportunities. With an alumni community spanning 123 countries, USC Marshall students join a worldwide community of thought leaders who are redefining the way business works.