Startup awarded $10K from Regis’ Anderson College of Business
April 16, 2019
Regis University’s Anderson College of Business awarded $17,000 in prizes at its second-annual Innovation Challenge.
The event pitted nine teams – of undergraduate and graduate students, Regis alumni and community members – against each other for startup funds, professional services and work space in the University’s Innovation Center.
When all the presentations were finished and votes counted, CampCrate and Mason Gravley, a student in Regis’ Master of Nonprofit Management program, walked away with the $10,000 top prize and access to sales consulting.
CampCrate promotes people being outdoors, allowing individuals to plan adventures or trips, select a place to pick up their rented gear and then return it when they’re done. For instance, campers can book a four-day hike to the Maroon Bells near Aspen. When they arrive, they can pick up their gear, meals and detailed trail maps near the trailhead.
The second-place team, MyHomeFix, won $5,000 in funding, while third-place finisher Invictus Project won $1,000. All three teams also earned work space in the University’s Innovation Center. Pursuit Incubator in Idaho awarded an additional $1,000 to Instream Water.
“The Anderson College of Business’ stewardship vision was on display tonight,” said Innovation Center Director Ken Sagendorf. “All of these winners were solving human problems – connections to nature, the idea that you are strong and able to help yourself, mental health in the veteran population, and clean water and the overuse of plastic bottles. This is why we hold this competition – to support ideas and businesses working on human problems.”
About 300 people attended the event, which was free and open to the public. Attendees were encouraged to vote for their favorite startup business. The teams pitched their business ideas to a panel of judges, who judged their ideas on desirability, feasibility, viability and presentation.
The competition launched in October with more than 50 students attending an informational session. A semifinals competition was held in December to determine the top teams. The startup businesses represented a variety of fields including cybersecurity, mental health and outdoor industries, among others.
Established in 1877, Regis University is a premier, globally engaged institution of higher learning in the Jesuit Catholic tradition that prepares leaders to live productive lives of faith, meaning and service. One of 28 Jesuit universities in the nation, Regis has four campus locations in the Denver metro area and Colorado Springs and extensive online program offerings with more than 11,000 enrolled students. For more information, visit www.regis.edu.