Prizes Awarded in Bloomington Business Plan Competition

Posted: Updated:
The competition was held at the Cyberinfrastructure Building on the Bloomington campus. The competition was held at the Cyberinfrastructure Building on the Bloomington campus.
BLOOMINGTON -

The Bloomington Economic Development Corp.'s pre-accelerator program has announced the winners of a business plan competition. The top teams were selected following presentations at the Indiana University Cyberinfrastructure Building.

Nine teams participated and three teams won cash prizes of $2,500, $1,500 and $500. BEDC Vice President Dana Palazzo said "starting a business is no easy task, and what we’ve shown these students is that Bloomington has the people and resources to support them through that process. B-Starters also bring an energy to our local startup ecosystem that revitalizes and challenges even our most seasoned entrepreneurs to keep thinking outside of the box."

The winners are:

  • 1st Place: Zachary Burr- Tydee, a subscription and on-demand laundry and dry cleaning service.
  • 2nd Place: Christopher Podlaski- Plant Software, an automated, web-based intelligent scheduling platform.
  • 3rd Place: Wes Wagner- Intask, a student-management platform to find, manage and use student freelancers to accomplish intern-like tasks.

Demo Day is the culminating event of the B-Start program. The organization says all graduating participants received a $500 stipend to continue to develop their businesses. B-Start's next session is slated for the fall.

  • Perspectives

    • Don't Drop Your Guard

      Why do you lock your home every time you leave it? Most likely, you do it to keep thieves out. Since you haven't experienced any thefts, why continue to lock up? Okay, you're probably shaking your head and thinking that I must not be all that bright. You keep locking your door because you don't want to create an opening for the thieves. Then help me understand what I've seen many companies do over the years...

    More

Events



  • Most Popular Stories

    • rue21 Closing Indiana Stores

      Pennsylvania-based clothing retailer rue21 has announced plans to close hundreds of stores throughout the country, including eight in Indiana. In a post on its website and social media channels, the company called the move a "difficult but necessary decision."

    • Anthem Reaches $115M Data Breach Settlement

      Indianapolis-based Anthem Inc. (NYSE: ANTM) has reached a $115 million settlement agreement over the 2015 data breach involving nearly 80 million people. Attorneys for the plaintiffs in the class action lawsuit say the agreement, if approved by the court, would be the largest data breach settlement in history. The settlement fund would be used to provide those affected by the breach with at least two years of credit monitoring or reimburse those who are already enrolled.

    • Hundreds of Jobs Coming to Carmel

      Allied Solutions LLC in Carmel is planning to add more than 600 jobs over the next decade. The subsidiary of Minnesota-based Securian Financial Group will locate to a new $33 million company headquarters in the Hamilton County city.

    • Peabody Energy Files For Bankruptcy

      The world's largest coal mining company, which has six mines in Indiana, has filed for Chapter 11 bankruptcy protection. Missouri-based Peabody Energy Corp. CEO Glenn Kellow says the move comes "amid a historically challenged industry backdrop." The company alluded to the potential filing last month, citing massive debt. The Indiana portfolio includes the Bear Run Mine in Sullivan County, which Peabody says is the largest surface mine in the eastern United States.

    • Vertellus Bankruptcy Reorganization Complete

      Indianapolis-based Vertellus Specialties Inc. has emerged from Chapter 11 bankruptcy following a deal with creditors. The specialty chemical manufacturer says a group including Black Diamond Capital Management and Brightwood Capital Advisors has acquired nearly all its U.S. and international assets. Vertellus says it employs some 900 globally. DLA Piper, which was part of the legal team representing Vertellus, says the approximate price of the transaction was $454 million.