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February 10, 2015

Drexel student heads to the 'Shark Tank'

Christopher Gray's app, Scholly, helps students pay for college

Technology Television
Christopher Gray Facebook/for PhillyVoice

Drexel student and entrepreneur Christopher Gray will be appearing on Shark Tank to pitch his scholarship app, Scholly, next Friday, Feb. 20, at 9 p.m. on ABC.

Drexel University senior Christopher Gray will appear on ABC’s "Shark Tank" next week to pitch his scholarship-finding app, Scholly.

Gray, who claimed he is the recipient of more than $1.3 million in college scholarships, founded the scholarship-finding app after his own burdensome search for money to pay for college.

The episode will air next Friday, Feb. 20, at 9 p.m. on ABC.

“It took me several months to even find scholarships I wanted to apply for,” Gray told BET, which named him one of its 30 Young Men on the Brink of Making It Big. This [app] is to help students find scholarships they apply for in minutes.”

Since launching, Scholly has helped high-school seniors, undergraduates and graduate students secure funding for higher education.

Prior to starting Scholly, Gray was a partner of Dorm Room Fund, a student-run venture firm that invests in student-run companies.

He recently shared the secrets to his entrepreneurial successes, including his startup advice, in a Huffington Post blog post interview titled "8 Startup Tips from Student Entrepreneur and Investor Christopher Gray," in which he emphasized the importance of taking advantage of being a student. 

"There's definitely no better time to start a startup than when you're a student," Christopher Gray, in a Huffington Post blog post interview.

"Everything you do seems much more impressive the younger you are. Moreover, people are much more willing to help students as well. Use the fact that you're a student to meet with executives, and people to learn more about the market.

"Reach out to mentors; ask people questions; take advantage of being a student. There are so many business plan competitions, hackathons and other resources and events that aspiring student entrepreneurs should take advantage of."