The University of Pikesville recently
announced the winners of its fifth Startup Challenge Business Plan
Competition.
The contest is open to Eastern Kentucky
residents and allows them a chance to compete for $10,000 in prize
money. The competition tasks participants with developing written
business plans for ventures in conceptual, seed or startup stages.
This year's first-place winner, which
received $5,000 in prize money, was a team of UPIKE students named
CitrOHa that developed an organic feed supplement for dogs with
osteoarthritis.
“UPIKE’s Startup Challenge was an
excellent experience offering East Kentuckians a chance to showcase
their talents while gaining confidence to move forward with their
ideas,” Christin Justice, who was on the CitrOHa team, said in a
news release. “UPIKE is serving their community by fostering an
entrepreneurial spirit in the region.”
Kentucky Innovation Network Pikesville
Office Director David Snow, the event's founder and an associate
professor of business, as well as the director of the Small Business Institute program and
business competitions, said that interest grows and plans keep
improving each time the competition is held.
"It is exciting
to see the current entrepreneurial activity in Eastern Kentucky and
to play a role in supporting these efforts,” he said.
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