Last week, four East Coast university students competed in the Atlantic Global Student Entrepreneurship Awards (GSEA), for a chance to win cash and prizes valued at nearly $100,000. The Global Student Entrepreneur Awards (GSEA) is the premier global competition for students who own and operate a business while attending college or university.
Among the Atlantic competition, Aditi Joshi, founder of AJDesigns; Mubdu Alali, founder of Bloxo; Ross Arsenault, Co-founder of Ashored Innovations; and Nevell Provo, founder of Smooth Meal Prop. Each entrepreneur pitched their business to a panel of industry experts and local entrepreneurs with hopes to gain access to major prizes such as $1,500 cash, flights, coaching services, retail space, and the chance to move on to the National GSEA Competition in Toronto.
Ross Arsenault, BComm’18, was named the local winner and will move on to compete against the world’s best student entrepreneurs at the Global Finals for a chance to win a $40,000 worth of cash and prizes, and the title of EO Global Student Entrepreneur. Arsenault, a Saint Mary’s University student of the Master’s in Technology Entrepreneurship and Innovation program, is developing sustainability-enabled technologies to modernize trap fisheries. Annually, 640,000 tons of fishing gear is lost and becomes ocean waste, resulting in 140,000 deaths of protected species annually. Ashored is developing a ropeless fishing system to minimize the risk of whale/animal entanglement and trap loss, while allowing fishers to fish in zones closed to fixed-gear fishing.
“The local recognition from GSEA Atlantic means a great deal in terms of resources, and personally as a founder with a maritime mission. Starting/running a business while still being a student definitely isn’t the easiest at times, but it’s benefitted Ashored as a company in countless ways!” says Arsenault. He will travel to Toronto to compete on the national stage in January 2020.
GSEA is an Entrepreneurs’ Organization (EO) program. EO was founded in 1987 by a group of young entrepreneurs. With over 10,000 members in 144 chapters in 48 countries throughout the world, they’ve enabled business owners to learn from each other to experience greater business success while forming strong professional and personal relationships. EO provides events, leadership development, a forum for online discussion, and educational opportunities with the goal of teaching, inspiring, and transforming entrepreneurs into active members of a global business community