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WKU business plan teams honored

WKU Center for Entrepreneurship and Innovation (CEI) Business Plan teams won more than $23,000 in the Kentucky “Idea State U” competition held Friday and Saturday (April 16-17) in Lexington.

Y&C Silks

Y&C Silks took second place in the Graduate Business Concept Division, winning more than $2,100. Y&C Silks is an international venture to import high quality silk textiles from Vietnam.  The team’s members were Thang Le of Bowling Green, Anh Nguyen of Vietnam, Julie O’Bryan of Owensboro and Phuong Vu of Vietnam.

Top Shelf Wine & Spirits

In the Graduate Business Plan Division, Top Shelf Wine & Spirits, LLC won more than $21,000.  This venture looks to begin operations in coming months offering well priced wines and liquors with weekly wine tastings and networking sessions for the Bowling Green area.  The plan was presented by graduate student MaryAnn Bokkon of Bowling Green.

Also presenting from WKU-CEI in the Undergraduate Plan Division was Nerd Rage Games, a venture to develop and publish a new line of interchangeable table-top role-playing games. The plan was presented by Richard Green.

These WKU-CEI Business Teams are one of the outcomes of the cross disciplinary program developed by the CEI and the teams were supported by the Center. The WKU-CEI teams were developed by the continuing efforts of Dr. R. Wilburn Clouse, executive director of the Center for Entrepreneurship and Innovation & Mattie Newman Ford Professor of Entrepreneurship; J. Krirst Schell, director of the Center for Entrepreneurship and Innovation; and Adam Brownlee, director of the Small Business Development Center.  The WKU participants were all selected through a campus wide competition sponsored by the CEI.

“This is by far the best Business Plan Competition in the three years and the WKU-CEI Teams were very strong in the competition—winning two out of the total eight awards,” Dr. Clouse said. Others in the competition were University of Louisville, Murray State University, Kentucky State University, Morehead State University, University of Kentucky and Eastern Kentucky University.

The Business Plan Competition is one of the events sponsored by the Kentucky Cabinet for Economic Development and the Department of Commercialization and Innovation. Commissioner Deborah Clayton said: “The Competition demonstrates the tremendous potential that exists among our student population to generate marketable ideas and take their business concepts and plans to the next level. The experience that the students are gaining will benefit them as they compete in the real world.”

Contact: Wil Clouse, (270) 745-5325.

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