{"id":121698,"date":"2022-04-08T08:57:17","date_gmt":"2022-04-08T12:57:17","guid":{"rendered":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/?p=121698"},"modified":"2024-07-29T12:56:28","modified_gmt":"2024-07-29T16:56:28","slug":"student-entrepreneurs-will-compete-for-startup-funds-during-wright-venture","status":"publish","type":"post","link":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2022\/04\/08\/student-entrepreneurs-will-compete-for-startup-funds-during-wright-venture\/","title":{"rendered":"Student entrepreneurs compete for startup funds during Wright Venture"},"content":{"rendered":"
\"\"<\/a>

Christine Moser, an entrepreneurship major, and her business WrinkleFrinkle LLC, which creates handmade items, won Wright Venture in April. (Photo courtesy of the Wright State Guardian)<\/p><\/div>\n

Christine Moser, an entrepreneurship major at Wright State University, won Wright Venture for WrinkleFrinkle LLC, which creates handmade items including wood-burned functional house decorations and metal stamped jewelry and keychains.<\/p>\n

Wright Venture<\/a>, the annual competition hosted by the Raj Soin College of Business, was held\u00a0on April 7 in Rike Hall.<\/p>\n

Wright Venture is an entrepreneurial competition modeled after the reality TV series \u201cShark Tank.”<\/p>\n

Five student entrepreneurs presented their business ideas to a panel of experienced entrepreneurs called Wolves. The winner of the competition will receive $5,000 in startup funding.<\/p>\n

Students in the Raj Soin College of Business; College of Health, Education and Human Services; and College of Engineering and Computer Science participated in this year’s competition.<\/p>\n

The other student business projects that participated in Wright Venture were Fully Loved and Free, which sells clothing that spreads love and positivity; Next Generation Consulting LLC, which helps young entrepreneurs with business filings, taxes and growth strategies; Cecilia, a website that helps musicians find top-rated local music instructors in their area; and Cherries, a clothing brand featuring designs, photography, marketing plans and more produced by college students.<\/p>\n

The goal of Wright Venture is to encourage entrepreneurial thinking and action among students by providing instructions for starting a business and helping students bring their idea to life. It also gives students an opportunity to put into practice the lessons they received in the classroom.<\/p>\n

\"\"<\/a>

Wright Venture judges were, from left, Marty Grunder, William Schumacher, Lesley Ott and Jonah Sandler. (Photo courtesy of the Wright State Guardian)<\/p><\/div>\n

The competition creates an experience similar to an actual business startup, including networking, mentorship, creative idea development, product design, service creation, financial management, business planning and marketing assistance.<\/p>\n

Students spent much of Spring Semester preparing their presentations for the finals by participating in a series of entrepreneurial workshops, led by Wright State faculty and local experts, on business planning, finance, marketing and business operations.<\/p>\n

The Wolves who volunteered to judge this year’s competition were: Marty Grunder, president and CEO of Grunder Landscaping Co. and vice chair of the Wright State Board of Trustees; Lesley Ott, chief operating officer and chief compliance officer of James Investment Research and James Advantage Funds; Jonah Sandler, founder chief entertainment officer of Scene75; and William Schumacher, founder & CEO of Uprising Food.<\/p>\n

Students participating in Wright Venture are not the only ones who could benefit from the April 7 finals. Students who are curious about entrepreneurship were encouraged to attend the event to find inspiration and learn about how to open a business or develop a new product.<\/p>\n

Past Wright Venture winners include Galatune, a strategy card game<\/a>, and Tumble, an on-demand laundry and dry-cleaning service<\/a>.<\/p>\n

Funding for the Wright Venture program is provided by the James Family Entrepreneurship Program and Scene75. Wright Venture is organized by the Department of Marketing<\/a> in the Raj Soin College of Business<\/a> and the Entrepreneurship Club.<\/p>\n","protected":false},"excerpt":{"rendered":"

Five student entrepreneurs will present their business ideas to a panel of judges during Wright Venture on April 7. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":43,"featured_media":124636,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[722,729,748,725,715,4908],"tags":[],"class_list":["post-121698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academics","category-around-campus","category-business","category-home-news-sidebar","category-news","category-supply-chain-management-marketing-and-management"],"_links":{"self":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/121698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/comments?post=121698"}],"version-history":[{"count":11,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/121698\/revisions"}],"predecessor-version":[{"id":148781,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/121698\/revisions\/148781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media\/124636"}],"wp:attachment":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media?parent=121698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/categories?post=121698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/tags?post=121698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}