Student CEO Wins National Entrepreneurship Award
February 16, 2012
Not many college freshmen can include the title of CEO on their resumes, but School of Business entrepreneurship major Ketan Rahangdale, who has been working with The Launch Pad at UM can. Rahangdale is the CEO and creator of EarTop Technologies and he just received the Kairos 50 (K50) award from the Kairos Society. The organization recognizes university students for business ideas that promote innovation, clean energy and technology, concepts closely aligned with those Rahangdale’s company seeks to further by providing a wireless alternative to wired devices.
The company’s focus is to help simplify people’s lives and promote environmentally friendly practices, according to Rahangdale, who said “the idea is to help people who are leading lives on the go with products that consume less energy.” He hopes the company will launch 200,000 wireless headset units by the beginning of Q4 this year, which will be enabled with state-of-the-art technology, such as Bluetooth 4.0, which boasts low energy levels and acoustic echo cancellation for the best in premium-quality sound. “We’re aiming to become the Bose of the wireless audio technology industry,” he said.
As part of his award, Rahangdale attended the prestigious three-day Kairos Global Summit in New York City in early February, where he and the other recipients visited the United Nations and Rockefeller Estate. The 50 students selected to attend this year’s Summit also visited the New York Stock Exchange, where they were met on the trading floor by more than 350 entrepreneurs and 150 world leaders. They also had the opportunity to dine at the Forbes building, where they discussed pressing issues in the business world, such as biotechnology and artificial intelligence, and networked with venture capitalists and potential angel investors.
“The best part was getting to meet young collegiate entrepreneurs trying to make a difference in the world,” said Rahangdale, who described the entire experience and opportunity to meet with entrepreneurs and investors as “life-changing.”