HIGH POINT, N.C., March 30, 2016 – The Center for Entrepreneurship at High Point University has announced five finalists for its sixth annual Business Plan Competition. This year’s winners will compete for $15,000 in start-up funds.
The finalists will present their business plans to a panel of judges consisting of business leaders, entrepreneurs and investors at 5 p.m. on April 21 in the Michael L. and Laura M. Baur Institute for Executive Education in Cottrell Hall on HPU’s campus.
“The goal of the High Point University Business Plan Competition is to give entrepreneurial students an opportunity to create new ventures,” says Kathy Elliott, assistant professor and director of entrepreneurship at HPU. “Many great plans were submitted, and the difficult part was narrowing those plans down to five. The winners of the competition will receive support and funding to help them keep moving forward.”
“The thing I enjoy most about judging the Business Plan Competition at HPU is working with bright minds who believe great things are possible,” says Sid Smith, serial entrepreneur and judge for the Business Plan Competition. “It is a real pleasure to work with these students at the competition.”
The finalists and their business plans are as follows:
Bridget McKercher is developing a product called the Friendly Needle, designed to take medical fear out of health care for children. This hypodermic needle can be concealed as an attractive toy lowering the fear of the child before getting inoculated. With the needle being concealed, the fear of the shot should be taken away and replaced by the anticipation of the toy as a gift from the doctor.
Brandon Holder has developed Water the World. Through this company, he has invented a water filtration system for drinking and agriculture around the world. Holder’s invention consists of a pump connected to a battery that can be turned on at the flip of a switch. Once on, the product distributes water at 5.5 gallons per minute. For some pumps, a clean drinking water attachment is put on it. The attachment reduces viruses, bacteria, cysts and protozoa by 99.99 percent, making virtually any water clean. It has a life-span of over a decade and uses gravity to filter water, also making it self-sustainable.
Shakira Ramsey is developing a company called RelianceBay. This will be one of the first companies to revolutionize the concept of non-medical home health care through applying the concept of telecommunications, an online portal that links seniors to companionship care and concierge needs instantly. The company’s mission is to “improve the quality of life for those we serve through providing an affordable, effective and a reliable alternative to traditional non-medical home health care.”
Morgan Drucker is developing an IT company called Drucker’s Enterprises that will feature an app called My University. This app will allow universities to engage potential students through the VR tool of Google Cardboard technology. This technology would allow future students to “Feel the Fit” of their college choices. Likewise, it will help universities recruit students from distances without increasing costs.
Leah Larson is developing a music education software called Pedanology that is meant to supplement and enhance established music training programs. Many students do not have the proper skills to effectively manage the individual practice required in order to rise to a level expected of serious music students. The software will lead the students in warm-ups, accompaniment, keeping in tune, diction, etc.