Wednesday, May 13, 2009

My Brilliant Entrepreneur



Last fall, Matt and one of his engineer friends decided to create their own company, 3twenty. Their idea was to reuse old shipping containers to create mine accommodations and affordable homes. They joined forces with a business student and throughout the school year, the three of them have been busy researching the housing market, creating business plans and making contacts. They are entered in three business competitions and have just received a cheque for $30,000 from the I3 Challenge. They have placed in the top ten in the other two competitions and will find out how much money they will receive from those by the end of May.

Matt has worked really hard on this project throughout the school work (on top of two intense engineering semesters) and I am glad it has worked out so well. Since Matt is busy managing an engineer office in Lloydminster, he has decided to take only 5% of the company and will be in charge of making sure the container homes meet building codes. The company has signed on a new member who has access to a trucking company and a large piece of land covered in shipping containers, so with the contest money, hopefully the dream will soon become a reality.

1 comment:

  1. Holy that is so crazy... he has a company. And won money because their idea is so brillant. Amazing.

    ReplyDelete