Innovation Triumphs at the 2013 Kent State Business Idea Competition
Jake Wolfe Awarded $1500 For First Place
Kent, Ohio: Advancement in head gear technology and protection was recognized when Jake Wolfe, a KSU sophomore, won first place in the annual Kent State Business Idea Competition for his business, WolfeCon Cushioning Solutions.
Wolfe, a 20-year old Entrepreneurship major, was one of nine KSU student teams to pitch their business concepts on February 28th before a panel of 5 regional entrepreneurs which included Jim Cossler, CEO of the Youngstown Business Incubator, Rick Schultz, CEO of Spectrum Surgical Instruments Corp., Christine M. Brown, President of Marketing Resources & Results, Inc., Chris Lintner, Project Manager of Public Insight Corporation and Tim Clepper, Senior Vice President of Morgan Stanley.
‘I am very excited and appreciative to have won the Business Idea competition to help accelerate WolfeCon in the right direction’, said Wolfe. Wolfe was awarded $1500 for his efforts and will advance to the 2013 ideaLabs competition, a regional competition sponsored by the Entrepreneurship Education Consortium (EEC) whose membership is made up of nine-member northeast Ohio universities. The 2013 EEC ideaLabs competition will be held on the Kent State campus on March 21st.
‘This year’s Business Idea competition was particularly competitive’, said Julie Messing, Executive Director of Entrepreneurship Initiatives at Kent State University. ‘The competition judges were most impressed with the high-quality of ideas and well-developed presentations that they witnessed’, said Messing. ‘We are fortunate to have a strong entrepreneurial culture at Kent State University with the necessary resources to connect our student entrepreneurs to the wider northeast Ohio entrepreneurial eco-system.’
Second-place went to The New Fuel, a motion graphics, animation, and video production company created by Brian Recktenwald and Alex Kurr. Reckenwald, a senior majoring in Managerial Marketing and Kurr, a junior in the Visual Communication and Design department, were awarded $750 for venture seed-funding.
Blackwolf Tactical, a company that turns movies, video games and books into real life adventures through immersive and interactive environments, won third-place in the competition. Founder Brian Bowles, a junior Entrepreneurship major, received $500 for his company’s future growth.