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BOSTON ( TheStreet) -- College campuses are an increasingly fertile breeding ground for inventors, many of whom have an eye on the global marketplace.
Each year, the
National Collegiate Inventors and Innovators Alliance hosts its annual Open Minds showcase of student innovation (formerly known as March Madness for the Mind). This year, the event will be held March 26 at the Smithsonian's National Museum of American History.
The Massachusetts Institute of Technology's cheaper and improved cycle rickshaw carts are among several college inventors' products showing March 26 at the National Collegiate Inventors and Innovators Alliance's Open Minds showcase.
Approximately 100 patent applications have resulted from projects supported by NCIIA grants, leading to an equal number of business startups.
Student-created prototypes -- covering a spectrum of industries that include energy, medical, mobile and transportation -- on display at this year's showcase include:
A compact generator that uses household waste and a tiny bit of water to make electricity, with even a twig being enough to run a bank of LEDs that can light a room for hours or, eventually, charge a cell phone and other devices (Arizona State University).
An affordable, pressurized shower system designed for Chile's poorest areas that has quickly spread beyond its intended market, reducing the spread of disease in developing regions. (Art Center College of Design).
A mobile-based social network intended to link people and businesses in off-the-grid areas, being piloted this spring in South Africa (Pennsylvania State University).
Cycle rickshaw carts that improve upon traditional models used in India, but are more affordable so they can be eventually bought by their operators, rather than rented (Massachusetts Institute of Technology).
Humera Fasihuddin, who oversees student venture coaching and mentoring for NCIIA, also manages
BME-IDEA, a national student competition in biomedical engineering and founded
Edical May, a manufacturing and business development company enabling scale-up of new medical devices. She says the collaborative environment of most campuses enable students with an entrepreneurial bent and inspires others to think like an inventor.
"The career path isn't so laid out, those entry-level jobs just aren't there and what is there is just not what students want to do," she says. "So they can make their own."
For these students, any corner of their dorm room can serve as an R&D facility. Fasihuddin tells of one team of students who grew mushrooms under their bed as part of an effort to create a flame-retardant substance that might someday replace Styrofoam in packaging or offer an alternative for home insulation.
Students may be in a better position to devote the time and energy needed to develop a viable product, she says.
"They don't have a mortgage and they usually don't have kids," she says. "They can be lean and mean, and college provides them access to the infrastructure, partnerships and people that can help make the funding and implementation of those opportunities possible."
Many campus creators look to balance commercial adaptability with a socially relevant pursuit.