Young entrepreneurs win $6K in prize money
INCLINE VILLAGE, Nev. — On Feb. 23 at the annual Jalé and Warren Trepp Business Plan Competition, four teams of young entrepreneurs studying at Sierra Nevada College competed for $6,000 in cash prizes.
This event is one of the most exciting celebrations of the academic year at SNC Tahoe. After each team presented 20-minute oral presentations to a panel of live, external judges and a public audience of more than 100 people, the room waited in anticipation for the announcement of the winners.
First place and $4,000 went to “Change,” a card to eliminate coin change in Canada, presented by Ted Porter, Grant Furlan and Freddy McCarthy.
Second place and $1,250 went to “Chaperone by Tektor,” an electronic safety system for equine facilities, presented by Megan McClintock and Joie Rhein. Third place ($750) went to Warrior Adventure Rapport, a therapeutic program for veterans with PTSD, presented by Jason Maynez, Kyle Rockwell, Nick Galantowicz and David Phelps.
Also presenting was “Stitches-on-the-Go,” a kit for emergency stitches targeted for military and outdoor adventure uses, by Andrew Clifton and Steven Jenab.
A panel of local entrepreneurs and business leaders, including Roland Schumann, Madylon Meiling, Meredith Williams and Scott Levy, judged the live presentations.
Barry Golombik, Ted Parkhill, Jameson Stafford and Tim Olesnavage, Steve Lenzi, Vanessa Franking and Robin Holman also provided judging and feedback on the written business plans.
The student business plans presented at the Trepp competition are a result of a months-long planning process.
Mentors include SNC Tahoe’s business faculty and advisers such as Tim Cohee, the program director for the college’s Ski Business and Resort Management program, as well as faculty and instructors in the Entrepreneurship major.
Some students began the idea generation process in professor Rick Winfield’s Creating Entrepreneurial Ventures class last semester.
All four teams plan to submit plans to the statewide D.W. Reynolds Governors Cup Business Plan Competition, which will take place in April.
This article was submitted by Sierra Nevada College. Visit sierranevada.edu to learn more.
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As you may have heard, a storm is coming – the first significant one all winter!