Entrepreneurs to watch – JMU

Harrisonburg, Virginia – The James Madison University University of Small business announces Illumi Lights as the all round winner of the COB300 Business enterprise Approach Competitors, Platinum Version, marking the 20th anniversary of the occasion.

Illumi Lights won 1st location and a $6,000 scholarship to be shared among team associates, like:

Kenya Balser  (’23), Promoting

Devyn Kennedy (’23), Laptop Info Programs

Michael Nguyen (’23), Laptop or computer Information Units

Joshua Wacker (’23), Administration

Illumi’s system explained the manufacture and rollout of a premium-good quality landscape lighting solution. The notion for the product was selected to obtain the Accenture Innovation Award as this year’s ideal. Crew leader Kenya Balser also obtained the Ferguson Major Woman Chief Award. 

2nd location went Sharksafe Swimwear, Inc., a business that gives unique, shark-repellent swimwear to the community. Excellent Part, a corporation that provides a replacement for basic measuring spoons in the face of technological advancements took third position. Two designs tied for fourth put, Cuts on Wheels, a cell barbershop that provides hair services from three luxury vans in The Villages, Florida and Zest, a C-Corp that manufactures and distributes significant-top quality automatic spice blenders. 

The Joyce Guthrie Team Award went to Best Portion.

Scholarships awarded exceeded $25,000. Members also obtained coaching and suggestions from very productive business enterprise leaders and business people serving as competition judges. 

Thanks to the generosity of Don Rainey (’82) and Russell “Rusty” Shepard (’86) the title of the level of competition moving forward will be Rainey-Shepard Business Strategy Competition.

Some preceding winners have absent on to establish their ideas into profitable companies, like 2018 profitable staff member Brett Danielson. “The dilemma we analyzed in the enterprise-approach competitiveness was what we ended up building an real product for,” suggests Danielson. Danielson is now CEO of BarTrack Technologies, LLC, a hospitality know-how enterprise that will help bars, breweries and dining establishments control their inventory and, in the end, do away with waste. “We’ve designed the entrepreneurial journey,” he says, “from working the organization out of our dwelling room, to now, where by we have offices and a production plant.” 

A lot more than 100 business programs have been eligible for this year’s competitiveness. Only a dozen have been picked for review and just 5 designed it to the ultimate round of competitiveness. Each and every staff developed a blueprint for constructing a enterprise from the ground up. Finalists introduced their programs to competitiveness judges, who weighed the high quality and execution of the presentation, the originality of the team’s idea and its opportunity to be financially rewarding.  Finalists were grilled on the finance, administration, marketing and advertising and operations information of their designs in the course of an ensuing issue-and-response session.

“Classroom lectures and seminar function and discussions are significant, but the level of competition usually takes these issues even further by screening the serious-environment application of what they’ve figured out,” said Rainey.

Balser far too is centered on the genuine-world application of her abilities she’s seeking ahead to Illumi’s very first-spot end fueling her attempts to safe a prestigious internship that will launch her hoped-for profession in digital promoting.

Additional on the opposition and winners is offered right here.

###

David Doremus contributed to this posting.

Speak to: Ginny Cramer, [email protected], 540-568-5325

Maria Flores

Next Post

Property Investors Target Small Businesses as Market Heats Up

Wed Mar 30 , 2022
Some true-estate traders wanting for the future big detail are turning to compact businesses. A new breed of home companies is acquiring up properties occupied by gas stations, doctors’ workplaces and corner grocery merchants. They see an opening due to the fact major asset administrators generally avoid these homes, which […]