An e-commerce clothing company and a children’s health tracking app took the top prizes in Grove City College’s 12th annual Business Plan Competition.
The competition, presented by The Center for Entrepreneurship & Innovation, was open to College students from any major. This year, 36 students from eight different majors entered the competition. Finalists presented their plans to judges on May 3 in Sticht Lecture Hall of the Hall of Arts and Letters on campus.
There are two categories of entry: Social Enterprise and Commercial Enterprise. Teams have 15 minutes to present their business plan and judges have 10 minutes to ask questions. The plans are evaluated by reviewers that consist of entrepreneurs, business owners, executives, alumni and friends of Grove City College.
The winner in the social enterprise category was Kin Threads (Scott Inderbitzen ’14 and Chloe Smiley ’15), an e-commerce clothing company providing a direct altruistic link between the end user and an entrepreneur in a developing country. The winner in the commercial enterprise category was HealthQuest (Chloe Smiley ’15 and Rebecca Torre ’15), an app that makes tracking and improving the health of children engaging, motivating and less intimidating.
“I am proud of all of the students that competed in the Business Plan Competition, Interim Executive Director for The Center for Entrepreneurship & Innovation Yvonne English ’97 said. “Their poise, professionalism and passion impressed the judges and gave everyone in the room a glimpse of the future as most of the teams are continuing on to actually start their businesses. It was a good day for The Center for Entrepreneurship & Innovation and a great day for Grove City College.”
The Center for Entrepreneurship & Innovation awarded first ($2,000), second ($1,000) and third ($750) place prizes to students in each category. The first-place winners will also receive legal, consulting, accounting and web-based services valued at $13,100.
Sponsors of the event include S&T Bank; Ekker, Kuster, McConnell & Epstein; Wesley Spectrum Services; Helixx Group; Pittsburgh Web Design and Stillwaggon & McGill, CPAs.
For more information, visit www.gccentrepreneurship.com.