Business Plan Competition

The 2013 University of Idaho Business Plan Competition was held on Saturday, April 27, 2013.  19 Student teams participated and nine teams went home with price money. A total of $20,000 was awarded between three tracks. 

• Innovative Ventures transform an idea into a business venture and get a new product, technology, process, or service to the marketplace. 

1. BioCement Technologies: Nick Lodato, John Maxwell and Marshall Piatt ($7000)
2. Reckoning Weapons System: Cody Barker, Brian Bond, Christopher Kreps, Colby Nahas and Abigail Stomberg ($1500)
3. SkyData: Brett Bennett, Casey Hayward, Garrett Kyle, Sam Phillips and Drew Wilkinson ($1500)

• Small Businesses plans typically do not involve intellectual property but focus more on traditional startups ventures such as new or expanded retail or service operations.

1. Bearfoot Shoes: Caleb Gilmour, John Hudspeth, Joseph McGee, Heidi Score and Coleman Weiss ($3000)
2. Big Head Hats: Jeff Dean, Zachary Floyd and Erica Hart ($1500)
3. Sure Hire Professional Development: Michael Mattson and Meredith Stone ($500)

• Social Entrepreneurship|Nonprofits plans must address a social cause or effort to better the world and society. The business can be set up as a non-profit organization i.e., 501(c) (3), or it can be set up as a profit-oriented business. The ROI (return on investment) for the social entrepreneurship business will be measured by an impact analysis and/or a financial ROI.

1. Tisquantum Fertilizer: Christopher Anderson, Thomas Lansing and Jake Schwaller ($3000)
2. GenTree Center: Bruno Bennett, Caroline Chavez, Rian Miller, Brandon Mitcham, Brandy Ramos and Jen Smith ($1500)
3. On-Site Furniture: Jessica Cammann, Wesley O'Bryan, Chris Ross and Hanna Uhling ($500)

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