2020 Annual CEBI Idea Pitch Winners Announced

KENT, Ohio – The Kent State College of Business Administration’s Center for Entrepreneurship and Business Innovation (CEBI) hosted its third annual CEBI Idea Pitch in a virtual format on Thursday, November 12 from 4 to 6 p.m.

Sponsored by the Ohio Innovation Fund, the CEBI Idea Pitch provided students the opportunity to pitch their business ideas to an esteemed panel of judges. In addition, the first-place winner earned  a spot in the Annual CEBI Pitch competition this spring.

Following the competition, winners were presented with cash prizes. Jonathan Henry with CommUNITy received the first place prize of $1,000; Mattney Yates with The Capsule Collective received the second place prize of $600 and Heeju Noe with Workmanship received the third place prize of $400. 

The eight finalists and their business ideas were: 

Errands No More – Sydney Young, Graduate Student, Master of Business Administration

Errands No More is a website that allows users to hire someone to run errands for them. Just like grocery or food delivery, Errands Galore allows consumers to outsource pick-up and drop-off tasks. Errands Galore covers all of your errand needs: from picking up dry cleaning to grabbing birthday balloons and candles.

The Capsule Collective – Mattney Yates, Senior Fashion Design Major with Minors in Entrepreneurship and Sustainability

The Capsule Collective repurposes used jeans into one-of-a-kind jackets. Mail in your jeans to Patched with Love and receive a modern statement jacket.  

Workmanship – Heeju Noe, Grad Student, Master of Fashion Industry Studies

Workmanship is an apparel brand that offers innovative, transformative designs with detachable sleeves, collars and cuffs.

Totelly – Grace Kelly, Senior Entrepreneurship Major with a Minor in Marketing

Totelly is a reusable bag that magnetically collapses into a 4"x3"x1" square. Unlike current reusable bags, Totally can fit into any size bag or purse and holds the same amount of groceries as a normal reusable bag.  

ARM – Austin Meade, Senior Architecture Major

Architectural Research Makerspace (ARM) is an innovative community that focuses on architecture and design solutions. ARM targets small businesses that need quality design and innovation without the budget for high-end firms. ARM creates spaces for local makers to sell their services while providing services to small-to medium-sized businesses.

CommUNITy – Jonathan Henry, Graduate Student, Master of Business Administration

CommUNITy provides sustainable, customizable sterilization solutions. Using UV-C irradiation allows the company to create sanitation products that kill pathogens without using chemicals.

YourHome – Logan Barnes, Senior Marketing Major with a Minor in Entrepreneurship 

YourHome is an all-in-one platform that allows future homeowners to create, customize and build their dream home. From adding features to hiring the right contractor, building a home has never been easier.

Rags Related – Micaela Pflug, Senior Entrepreneurship Major

Rags Related is a premium second-hand online retailer for professional women’s clothing. The company takes the guesswork and expense out of shopping and allows women to purchase business clothing in a sustainable and affordable way.

Learn more about the CEBI Idea Pitch here.

 

Ohio Innovation Fund

The Ohio Innovation Fund (OIF), is a venture capital firm based in Columbus, Ohio. OIF has the largest early-stage venture capital portfolio of Ohio-based companies. Member institutions include Kent State University, The Ohio State University and Ohio University. OIF’s companies have been featured in prominent media such as CNN, Forbes and The Wall Street Journal. Many of the Fortune 500 and leading universities are customers of OIF’s portfolio companies, and their strategic partners include Microsoft, Facebook, Citi, and SAP, among others. Combined revenue growth was approximately 100% between 2016 and 2017 for OIF’s portfolio.

Kent State College of Business Administration

Kent State University’s College of Business Administration is among the fewer than 1% of business colleges worldwide to obtain dual AACSB accreditation in both business and accounting.

The Kent State College of Business Administration ranks as one of the nation’s Best Business Schools by Princeton Review. The College is committed to sustainability as an advanced Principles for Responsible Management Education (PRME) signatory and is recognized by the Sales Education Foundation as a top university for professional sales education. 

Media Contacts:

Joni Bowen, jbowen1@kent.edu, 330-672-1279

POSTED: Tuesday, November 17, 2020 - 8:58pm
UPDATED: Tuesday, November 17, 2020 - 8:58pm
WRITTEN BY:
Joni Bowen