{"id":138502603,"date":"2015-05-29T00:00:00","date_gmt":"2015-05-29T04:00:00","guid":{"rendered":"https:\/\/acccapital.com\/winners-of-the-2015-donald-w-reynolds-tri-state-competition-named\/"},"modified":"2026-04-02T13:02:29","modified_gmt":"2026-04-02T17:02:29","slug":"winners-of-the-2015-donald-w-reynolds-tri-state-competition-named","status":"publish","type":"post","link":"https:\/\/acccapital.com\/hi\/winners-of-the-2015-donald-w-reynolds-tri-state-competition-named\/","title":{"rendered":"Winners of the 2015 Donald W. Reynolds Tri-State Competition Named"},"content":{"rendered":"<p>Arkansas Capital, through its affiliate, the <strong>Arkansas Economic Acceleration Foundation, (AEAF)<\/strong> is pleased to announce that Kordate Solutions, representing the University of Arkansas at Fayetteville, has won the graduate division of the eighth annual <strong>Donald W. Reynolds Tri-State Collegiate Business Plan Competition<\/strong>.  <figure id=\"attachment_49758\" aria-describedby=\"caption-attachment-49758\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.kordatesolutions.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-49758 size-full\" src=\"https:\/\/acccapital.com\/wp-content\/uploads\/2015\/05\/KordateSolutions.jpg\" alt=\"Kordate Solutions, representing the University of Arkansas at Fayetteville, won the graduate division of the Donald W. Reynolds Tri-State Collegiate Business Plan Competition.\" width=\"600\" height=\"400\" \/><\/a><figcaption id=\"caption-attachment-49758\" class=\"wp-caption-text\">Kordate Solutions, representing the University of Arkansas at Fayetteville, won the graduate division of the Donald W. Reynolds Tri-State Collegiate Business Plan Competition. Photo from\u00a0<a href=\"http:\/\/www.kordatesolutions.com\/\">www.kordatesolutions.com<\/a>.<\/figcaption><\/figure>  Led by Kenny Bierman and Phillip Turner, with Dr. Carol Reeves as faculty advisor, Kordate Solutions focuses on developing a therapeutic Alzheimer&#8217;s drug using the peptoid JPT1 to treat Alzheimer\u2019s disease from early on-set to severe dementia.  Joshua Baker, representing Agricultural Innovations from Arkansas State University in Jonesboro, beat out five other teams to win the graduate division of the Tri-State Elevator Pitch competition. He took the stage at the Tri-State awards dinner to tell the audience \u2013 in 90 seconds \u2013 how his team\u2019s business model offers a more efficient approach to farm irrigation with WellsVision, a sensor-driven automated irrigation system.<!--more-->  <\/p>\n<h2>Other 2015 Tri-State Winners are:<\/h2>\n<p>  <strong>Second Place \u2013 Graduate Division:<\/strong> <strong>ParaNano \u2013 University of Central Oklahoma \u2013 Edmond<\/strong> Team Members: Chelsea Larsen, Jordan Powers, Hitesh Munishamappa Prakash, Shreyas Shivaprakash, Paul Snow Faculty Advisors: Robert Epstein, Maurice Haff  <strong><span style=\"text-decoration: underline;\">Undergraduate Division:<\/span><\/strong>  <strong>First Place \u2013 3Denim<\/strong> <strong>Sierra Nevada College \u2013 Incline Village, Nevada<\/strong> Team Members: Kelly Benson, Evan Cook, Brendan Wheelwright Faculty Advisors: Rick Parsons  <strong>Second Place \u2013 Raw<\/strong> <strong>University of Oklahoma \u2013 Norman<\/strong> Team Members: Ali Davis, Lauren Abston, Quincy Tresemer, Cici Zhou, Caitlin Zuerker Faculty Advisor: Madison Jackson  Oral presentations were held at the Mirage Hotel with winners announced at the\u00a0awards dinner.  First place winners took home a $30,000 cash prize, a team trophy and individual plaques. The second place winners received a $20,000 prize, a trophy and individual plaques. The teams\u2019 faculty advisors each earned a $3,500 cash prize.  Another $2,000 in cash prizes was awarded to the both of the winners of the Elevator Pitch competition. Ali Davis, representing the team Raw from the University of Oklahoma, won the undergraduate division.  \u201cThis year\u2019s teams presented sophisticated and forward-thinking business plans that have the potential to become very successful companies,\u201d said Rush Deacon, acting chief executive officer for Arkansas Capital. \u201cIt\u2019s exactly the type of innovation we were looking for when we started this competition. This competition is an example of broad efforts Arkansas Capital has spearheaded to support entrepreneurship in Arkansas, and we are very proud of our student competitors.\u201d  The <strong>Donald W. Reynolds Tri-State Award Competition<\/strong> is an invitation-only event. Invitations were extended to the first and second place winners of the <a title=\"Donald W. Reynolds Governor\u2019s Cup\" href=\"https:\/\/acccapital.com\/hi\/aeaf\/govcup\/\">Donald W. Reynolds Governor\u2019s Cup<\/a> in Arkansas, Nevada and Oklahoma, the states in which Reynolds built his media empire. Now in its eighth year as a multi-state competition, the Tri-State Award business plan competition is the pinnacle of three statewide business plan competitions in which the top two undergraduate and graduate teams from each state compete for cash awards totaling $118,000.  Also representing Arkansas at Tri-State were undergraduate division competitors TIRE from Harding University, Searcy; and Charlie\u2019s Choices, John Brown University, Siloam Springs.  The Arkansas Capital Corporation Group of companies empower entrepreneurs by providing capital in conjunction with community banks to businesses through its capital availability products and advocating for entrepreneurs through capital, educational, and technological improvements.  Arkansas Capital serves as the platform from which new opportunities are launched. In addition to the flagship company, Arkansas Capital Corporation, there are seven affiliate and partner companies, including, Six Bridges Capital Corporation, Arkansas Capital Relending Corporation, Arkansas Economic Acceleration Foundation, Heartland Renaissance Fund, Connect Arkansas, Pine State Regional Center, and SouthWind Analytics. To learn more, visit <a title=\"Home\" href=\"https:\/\/acccapital.com\/hi\/\">www.arcapital.com<\/a>.  <strong>AEAF<\/strong> was\u00a0established in 1999 as a private, non-profit\u00a0corporation dedicated to education-based initiatives\u00a0that promote and foster the development of innovation\u00a0and entrepreneurship within Arkansas. With broad\u00a0support from the state\u2019s business community, <strong>AEAF\u2019s\u00a0<\/strong>purpose is to nurture people and ideas to generate\u00a0future Arkansas entrepreneurs.<\/p>","protected":false},"excerpt":{"rendered":"<p>Arkansas Capital, through its affiliate, the Arkansas Economic Acceleration Foundation, (AEAF) is pleased to announce that Kordate Solutions, representing the University of Arkansas at Fayetteville, has won the graduate division of the eighth annual Donald W. Reynolds Tri-State Collegiate Business Plan Competition. Led by Kenny Bierman and Phillip Turner, with Dr. Carol Reeves as faculty [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":138502605,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[109],"tags":[],"class_list":["post-138502603","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship-foundation-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Winners of the 2015 Donald W. 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