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Entrepreneur Jessica Haynes Launching JesKa Shoe

May 27, 2013 by Isabella

Jeska Shoe Co.A burgeoning fashion company based in southern Arkansas has plans to patent and copyright a women’s shoe with interchangeable heels and accessories. JesKa Shoe Co. was started by 24-year-old entrepreneur Jessica Haynes, a native of Emerson (Columbia County) who conceived of the product in 2010 after experiencing a common mishap: breaking the heel off one of her favorite shoes. While she was a student at Southern Arkansas University in Magnolia, Haynes competed at the 2011 Donald W. Reynolds Governor’s Cup business plan competition and took home the coveted Innovation Award at the graduate level. [Read more…]

Filed Under: Entrepreneurship Foundation News

Amerine: HomeDx and Picasolar ‘Highly Scalable, Investable’ Deals

May 22, 2013 by Isabella

University of Arkansas startups HomeDx and Picasolar represent “highly scalable, investable deals,” according to IA advisor Jeff Amerine. (Despite what some Tri-State judges may think.) Amerine knows something about startup ventures. He provides his take below on the two ventures after HomeDx’s second-place Tri-State finish and Picasolar’s unexpected miss in Las Vegas. Also shut out were Arkansas undergrad representatives Catch-22 from UALR and eScout from Ouachita. [Read more…]

Filed Under: Entrepreneurship Foundation News

HomeDx Places Second, Wins Pitch Contest at Tri-State Governor’s Cup

May 22, 2013 by Isabella

University of Arkansas startup HomeDx won the elevator pitch portion and finished second overall in the graduate-level division of the 2013 Donald W. Reynolds Tri-State Governor’s Cup business-plan competition Tuesday in Las Vegas. Four Arkansas teams — the top two winners in the undergraduate and graduate divisions of the Arkansas DWR Governor’s Cup — competed against the top winners from Oklahoma and Nevada. Teams from Oklahoma State University and the University of Oklahoma took home top honors. [Read more…]

Filed Under: Entrepreneurship Foundation News

Winners of the 2013 Donald W. Reynolds Tri-State Competition Named

May 21, 2013 by Isabella

The Arkansas Economic Acceleration Foundation, an affiliate of The Arkansas Capital Corporation Group, is pleased to announce that R2R Technologies of Oklahoma State University of Stillwater, Okla., and Field Focus of Oklahoma State University of Norman, Okla., are the 2013 winners of the Donald W. Reynolds Tri-State Award in Las Vegas. First place winners took home a $30,000 cash prize, a team trophy and individual plaques. The second place winners received $20,000 prize, a trophy and individual plaques. The teams’ faculty advisors earned a $3,500 check as well. “I am extremely impressed by the sophistication of the business plans this year,” said C. Sam Walls, chief executive officer of the Arkansas Capital Corporation and chairman of The Arkansas Economic Acceleration Foundation. “These students represent Arkansas’s economic future, and the entrepreneurial skills they have gained are invaluable.” [Read more…]

Filed Under: Entrepreneurship Foundation News

UA Building Successful Startups, This Year Led By Picasolar

May 15, 2013 by Isabella

Startups launched from the Walton Business College at the University of Arkansas in Fayetteville are earning both accolades at national business-plan competitions and money as viable, high-growth businesses. Picasolar is the latest graduate-level UA startup to fare well on the national business-plan circuit. Since 2008, the UA entrepreneurship program has launched 10 startup ventures that grew to become high-growth businesses. Those firms employ roughly 100 Arkansans and pay above-average salaries, and they’ve raised more than $16 million in private investments, grants and incentives. They are: [Read more…]

Filed Under: Entrepreneurship Foundation News

5 UA Startups on the Cusp of Big Things

May 15, 2013 by Isabella

Picasolar’s 2013 successful run in national business-plan competitions is reminiscent of past University of Arkansas startups. Here’s a look at five teams formed over the past five years in the entrepreneurship program at the UA’s Walton Business College that are becoming viable businesses: Movista, cycleWood Solutions, Boston Mountain Biotech, Silicon Solar Solutions and BiologicsMD. [Read more…]

Filed Under: Entrepreneurship Foundation News

A Look at Picasolar’s Impressive 2013 Run

May 15, 2013 by Isabella

Picasolar is a University of Arkansas graduate-level startup which created a technology that improves solar cells. It’s made an impressive run through the 2013 cycle of national business-plan competitions. Here’s a look at its 2013 accomplishments: [Read more…]

Filed Under: Entrepreneurship Foundation News

UA Startup Picasolar Wins MIT Clean Energy Contest

May 7, 2013 by Isabella

Picasolar, a University of Arkansas startup that created a way to make solar cells more efficient, won the MIT Clean Energy Prize business-plan contest and $250,000 Monday at the Massachusetts Institute of Technology in Cambridge, Mass. Picasolar, fresh off its win at the 2013 Donald W. Reynolds Governor’s Cup and appearances at the prestigious Rice University and VLIC competitions, defeated 55 of the nation’s best sustainability startups to win the $150,000  top prize at MIT. In addition, the win earned the team a $100,000 prize from the U.S. Department of Energy. [Read more…]

Filed Under: Entrepreneurship Foundation News

Four Ouachita Students Earn Honors at Governor’s Cup Business Plan Competition

May 2, 2013 by Isabella

OBU-students
Ouachita students Connor Burke (left) and Jason Cantwell (center) earned second place in the undergraduate category of the recent Donald W. Reynolds Governor’s Cup statewide business plan competition for their plan for eScout. Photo courtesy Ken West Photography
Ouachita Baptist University students recently competed in the Donald W. Reynolds Governor’s Cup statewide business plan competition in Fayetteville, Ark. Six students from Ouachita competed against students from colleges and universities across the state for cash prizes and the opportunity to move on to the 6th annual Tri-State Donald W. Reynolds Governor’s Cup competition in Las Vegas from May 20-22. [Read more…]

Filed Under: Entrepreneurship Foundation News

Arkansas Capital Corp. Pushing Entrepreneurship At Multiple Levels

April 24, 2013 by Isabella

Arkansas Capital Corp., the Little Rock-based financial lending and consulting shop, is pushing entrepreneurship at multiple levels. This spring, the company completed its 13th annual business plan competition, the Donald W. Reynolds Governor’s Cup, which brought 47 different student teams from 13 different Arkansas college campuses to Little Rock for the well-attended awards luncheon. [Read more…]

Filed Under: Entrepreneurship Foundation News

It’s no Catch-22: COB students take home win

April 16, 2013 by Isabella

Catch-22 A Catch-22 is usually considered a no-win situation from which there is no escape. But for the UALR College of Business team, Catch-22, who won big at the 2013 Donald W. Reynolds Governor’s Cup awards, the moment was sweet victory. In one of the premier business-plan competitions in America, Catch-22 earned a first place award and $25,000 for its undergraduate business proposal to create a high-quality organic fertilizer from Asian carp, an undesirable fish population that has invaded the Mississippi River Basin. [Read more…]

Filed Under: Entrepreneurship Foundation News

GREEN Students Continue Business Competition Success with Win at Arkansas Governor’s Cup

April 15, 2013 by Isabella

Picasolar
GREEN Ph.D. students Matthew Young and Seth Shumate with Arkansas Capital Corp. chairman Rush Deacon, Picasolar teammate Trish Flanagan, Arkansas Governor Mike Beebe, Picasolar faculty mentor Carol Reeves, and First Security Bank CEO John Rutledge
Picasolar, a University of Arkansas startup company that includes two GREEN Ph.D. students, won the $25,000 first place prize in the Arkansas Governor’s Cup business plan competition last Wednesday. The company was formed after Seth Shumate, who works with GREEN faculty researcher Hameed Naseem, discovered a patent-pending process to improve the efficiency of solar cells by as much a 15% and potentially save manufacturers millions of dollars per year. [Read more…]

Filed Under: Entrepreneurship Foundation News

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In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating based on race, color, national origin, sex, age, or disability. Submit a complaint of discrimination, by mail to U.S. Department of the Treasury, Office of Civil Rights and Equal Employment Opportunity , 1500 Pennsylvania Ave. N.W., Washington, D.C. 20220, (202) 622-1160 (phone), (202) 622-0367 (fax), or email crcomplaints@treasury.gov