|Inaugural Business Plan Competition Winners|
|Six teams made their pitch to a panel of experienced professionals for a chance to win $20,000 at the Inaugural Business Plan Competition.|
KettleShell, developed by Tim Reynolds '14, won the top prize of $20,000. KettleShell is an adapter for dumbbells that attaches to the shaft of a dumbbell, which allows users to utilize dumbbells in a kettlebell-like fashion. The idea for the KettleShell was developed in the fall of 2012, and over the last year and a half, has been developed into a market-ready product.
The other two top teams were Backwoods TechGear, LLC, and SnoBall. Cody Ohlheiser '14 and Jeff Jaquith '15, of Backwoods TechGear, LLC, walked away with second place $10,000. Antione Connors '14, James Newton '14 and Bryan Blanchette '14, took third and won $5,000, for SnoBall.
“We are extremely proud of all the teams that presented. They have demonstrated here and at regional and state competitions why Ithaca College is gaining a strong reputation as a School that fosters entrepreneurial thinking and action. We are grateful to our founding sponsor, alum Chris Burch, for funding this exciting initiative, and to our lead staff, Brad Treat and Tom Schryver, as well as faculty members such as Bob Ellis and Heather Lane, for their amazing commitment to the success of our program.” said Mary Ellen Zuckerman, Dean of the School of Business.
According to competition mentor Brad Treat, "All of the teams were so good that it took the judging panel a long time and lots of discussion to determine the winners. The semi-final judges had a similar problem getting down to just 6 teams." He continued, "Everyone of these companies is ready to launch. We look forward to following their future success."
An Audience Choice Award and Honorary Mentions were also given out. See the Business Plan Competition site for full list of awards and business plan descriptions.
Tim Reynolds of KettleShell said, "Winning $20,000 will greatly benefit the growth of our company, and I am excited for the new opportunities that this financial support will provide us. Once again, the generosity of Chris Burch combined with the efforts of the Business School have provided students to pursue their dreams, and have allowed these dreams to become a reality."