An acne cure, a city of Detroit urban revitalization and tiny homes were all startup business proposals presented by Central Michigan University student teams Friday in the 5th annual New Venture Competition.
These business and nearly 25 others competed for more than $75,000 in seed money in the daylong competition.
Led by the CMU College of Business Administration's Isabella Bank Institute for Entrepreneurship, the New Venture Competition is a forum for learning, identifying, nurturing, and showcasing emerging entrepreneurs and their businesses. More than 50 judges, including angel investors and venture capitalists, mentor the students along the way.
This year's winners include:
Best overall: Episcura $30,000
Kurt Baringer — Beaverton
Christian Day — Muskegon/New York City
Chris Green — New York City
Patrick McAvena — New York City
Best social venture: Humble Abode Tiny Homes $10,000
Sarah Campbell – Three Oaks
Jessica Koskinen – Harrison
Best technology: HydroGuide $10,000
Alex Grabinski – South Lyon
Nathaniel Slappey III – Detroit
Most impact on Michigan: Revolve Replication $10,000
Samantha Pina — Mount Pleasant
Joseph Pina — Mount Pleasant
Highest growth potential: Beergo $10,000
Anthony Lazzaro — Hope
Cheryl Hunter — Mount Pleasant
Best lifestyle venture: 3T, LLC $5,000
Troy Prill — Ada
Julie Claveau — Scottsville
Ryan Swindlehurst – Roseville
The CMU New Venture Competition received recognition in 2013 as the "Best Educational Program of the Year" from Automation Alley. This recognition acknowledges the combination of CMU's entrepreneurship curriculum with experiential opportunities maximizing students' potential to launch a business.
Read stories behind the New Venture Competition
View photos from the competition here.