MONTCLAIR, N.J., Dec. 7, 2017 /PRNewswire/ -- AJ Khubani, CEO/Founder of BulbHead.com and 1984 graduate of Montclair State University, took a bright idea – direct response marketing – and built it into TeleBrands, known for its "As Seen on TV" products and its e-commerce BulbHead.com brand. Khubani has announced a generous $500,000 gift to the Montclair State Feliciano Center for Entrepreneurship with the goal of helping student entrepreneurs fast-track their innovative ideas and solutions to real-world problems for the next five years.
"As a proud Montclair State alumnus, I understand the value of an effective education teaching entrepreneurism for success in today's competitive business world," Khubani says. "It is with great pleasure that I continue the tradition of supporting student inventors through the BulbHead.com Inventors Day for Aspiring Entrepreneurs through 2022 with a gift of $500,000. These funds will assure that young minds at the University continue to have the opportunity to pursue their consumer product outreach dreams."
Montclair State officially announced Khubani's gift and invited students to participate in the contest at an event at the Feliciano School of Business in which over 150 were in attendance. With its annual prize pool of $80,000 ($50,000 for first place, $20,000 for second place and $10,000 for third place), the "BulbHead.com Inventors Day for Aspiring Entrepreneurs" is now New Jersey's largest collegiate pitch contest.
"We know there are lots of potential student entrepreneurs around campus, who are serious about developing and launching their ideas," says Feliciano Center for Entrepreneurship Director Dennis Bone. "The new prizes should ratchet up entrepreneurial activity and move the entrepreneurial needle across campus."
The BulbHead.com pitch contest serves as a validating launch pad for student innovators. Last May, Team Fit B members Selena Alvarez and Jamie Wisniewski won the $10,000 first prize for their customized bra business.
A pioneer in the direct response industry, current BulbHead.com brands include Red Copper Cookware, Star Shower holiday lights, Hurricane Spin, Pocket Hose and Atomic Beam. The company has been a thought-leader in the industry for over three decades, bringing award-winning, affordable, and practical products to consumers in over 120 countries around the globe. Visit www.BulbHead.com.
To find out how to enter the 2018 BulbHead.com Inventors Day for Aspiring Entrepreneurs, visit: http://www.montclair.edu/entrepreneur/blog/