June 7, 2023


Moving Forward

Pitch Southern West Virginia Business Idea Competition Winners Named

BECKLEY, WV (LOOTPRESS) – Six regional entrepreneurand two teams of West Virginia College Institute ofEngineering (WVU Tech) learners shared and enthusiastically promoted their enterprise concepts March 30 with a panel of judges and a dwell viewers at the Pitch Southern West Virginia Enterprise Plan Competitiveness on the WVU Tech campus.

The judges and attendees picked the winners, who received strategic comments and encouragement, as well as prize funds from the event sponsors to enhance their good results.

The West Virginia Hive, in partnership with the WVU Tech Launch Lab, coordinated the opposition and structured the function.

Diana Woods, director of the WVU Tech Launch Lab and coordinator of the party, mentioned the subsequent entrepreneurs/enterprise proprietors and scholar entrepreneurs had been identified to have the ideal company ideas:

To start with Place – $2,250 to Hinton Outfitters, pitched by Lee Ann Goins of Hinton

Next Place — $1,250 to Paws N Pals, pitched by Corey Lacyof Beckley

Third Place — $750 to Vinyl Tracks LLC, pitched by Clint Blunt of Beckley

University student Winner – $1,000 to WVU Tech Entrepreneurship Club for Cultural Lounge, pitched by Zack Reid and Leonor Ferreira

Prize winnings supplied by non-public contributors to the West Virginia Hive will be utilized to advance the winners’ business enterprisees or concepts. Planned spending by the 4 winners contains purchases of furnishings and machines, lease and opening charges, signage, internet marketing and production.

Judy Moore, executive director of the West Virginia Hive and deputy director of the New River Gorge Regional Growth Authority, reported “the presenters were outstanding and discovered a excellent deal by means of this expertise from formulating their business enterprise concept to fleshing it out for a pitch in advance of a stay viewers and our pro judges. We’d like to extend a huge thank you to our community sponsors for providing the generous money prizes. They came out in comprehensive drive – so a great deal so we ended up equipped to raise the prepared quantities for business owners by $25 for just about every award stage.”

Sponsors supporting the enterprise plan pitch competition and supplying all funding for the awards incorporate:

Gold Amount sponsor: United Bank

Silver Amount sponsor: Chase and Ashley Barton of Stephens Car and WV Car Prospective buyers

Bronze Degree sponsors: City Countrywide Bank, Fayette County Chamber of Commerce, Beckley-Raleigh County Chamber of Commerce

Unique Scholar Award sponsor: Fayette County Nationwide Financial institution

Judges who read the pitches and presented inquiries incorporated:

Ryan Thorn, Point out Director for West Virginia, U.S. Office of Agriculture Rural Development

Kyung Moon Kim, D.B.A., Associate Professor, Division of Accounting and Management, WVU Tech

Teresa Cook dinner, Gross sales and Support Representative, United Bank

Individuals in attendance also had the opportunity to vote for their most loved pitch in every single group.

Judges in the initially round who selected the entrepreneurs and scholar groups who would pitch their organization concepts March 30 incorporated:

Peyton Ballard, Founder and CEO, Ballard Consulting Group

Zack Statler, Sector President, United Financial institution

Mike Fulton, Director of General public Affairs and Advocacy, Asher Company

Woods stated the enterprise notion competition was confined to business people of new commence-ups and companies in procedure for less than 3 several years. Eligibility was restricted to residents or enterprises positioned in Raleigh, Fayette, Nicholas, Summers, Webster, Pocahontas, Greenbrier, Monroe, Mercer, Wyoming, McDowell, Logan, and Mingo Counties, together with WVU Tech college students, college and team.

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The WV Hive is the entrepreneurship application of the New River Gorge Regional Advancement Authority and the administrator of the Country Streets Angel Community. Its 13-county services location features Raleigh, Fayette, Summers, Nicholas, Webster, Greenbrier, Pocahontas, Monroe, Mercer, Wyoming, McDowell, Logan, and Mingo counties. Far more info about the WV Hive can be uncovered at https://wvhive.com/

WVU Tech has been instruction leaders for a lot more than 125 decades and features 30 tutorial systems, like 9 ABET-accredited engineering plans. Rated in the major 15% of earning possible in the country by PayScale and amid the ideal undergraduate engineering systems in the nation by US News and Earth Report, WVU Tech has a loaded heritage of educational excellence.