Innovation Triumphs at the 2013 Kent State University 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 Kent State 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 Kent State 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.
â€˜I am very excited and appreciative to have won the Business Idea competition to help accelerate WolfeCon in the right directionâ€™, 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.
â€˜This yearâ€™s Business Idea competition was particularly competitiveâ€™, said Julie Messing, Executive Director of Entrepreneurship Initiatives at Kent State. â€˜The competition judges were most impressed with the high-quality of ideas and well-developed presentations that they witnessedâ€™, said Messing. â€˜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.â€™
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 companyâ€™s future growth.