{"id":138503114,"date":"2023-03-28T19:47:59","date_gmt":"2023-03-28T23:47:59","guid":{"rendered":"https:\/\/acccapital.com\/arkansas-capital-announces-2023-governors-cup-competition-finalists\/"},"modified":"2026-04-02T12:54:03","modified_gmt":"2026-04-02T16:54:03","slug":"arkansas-capital-announces-2023-governors-cup-competition-finalists","status":"publish","type":"post","link":"https:\/\/acccapital.com\/hi\/arkansas-capital-announces-2023-governors-cup-competition-finalists\/","title":{"rendered":"Arkansas Capital Announces 2023 Governor\u2019s Cup Competition Finalists"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>$114,000 Cash for Winners to be Awarded April 7<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Little Rock, Ark.<\/strong> \u2013 Startup ideas from 14 finalist teams, representing 7 Arkansas colleges and universities, will be showcased live followed by the announcement of the winners of <a href=\"https:\/\/acccapital.com\/hi\/\">Arkansas Capital\u2019s<\/a> 23<sup>rd<\/sup> annual <a href=\"http:\/\/argovernorscup.org\">Arkansas Governor\u2019s Cup Collegiate Business Plan Competition Awards Luncheon<\/a>; Friday, April 7, from 11:30 a.m. \u2013 1:00 p.m. at the Fayetteville Public Library Event Center.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One student from each finalist team will take the stage at the luncheon to make a live, 90-second pitch summarizing their team\u2019s idea. Audience members will have the chance to vote via their mobile devices for the best pitch in each of the three competition tracks, followed by the announcement of these winners and the overall competition winners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The finalists are:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Winrock Automotive Small Business Division:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Covered by Grace \u2013 Ouachita Baptist University, Arkadelphia<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">EzB \u2013 Central Baptist College, Conway<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Good Fills Refillery \u2013 Lyon College, Batesville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Waderbuddy \u2013 Ouachita Baptist University, Arkadelphia<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>High-Growth \/ Technology Division \u2013 Undergraduate Track:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">AdCharta \u2013 University of Arkansas, Fayetteville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BusyBees \u2013 Lyon College, Batesville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CarpeDerm \u2013 Harding University, Searcy and University of Central Arkansas, Conway<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">MicroCures \u2013 Ouachita Baptist University, Arkadelphia<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The SoLo \u2013 Harding University, Searcy<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Innovate Arkansas High-Growth \/ Technology Division \u2013 Graduate Track:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Agri-Guard \u2013 University of Arkansas, Fayetteville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Care-Mate Technologies \u2013 University of Arkansas, Fayetteville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Partnr \u2013 University of Arkansas, Fayetteville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pediatrica Therapeutics \u2013 University of Arkansas, Fayetteville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">U.N.C.L. Company \u2013 University of Arkansas, Fayetteville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Vitruvian Matrix \u2013 University of Arkansas, Fayetteville<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dhu Thompson of Little Rock is the title sponsor of the competition. The $114,000 cash prize pool includes $20,000 to the winners of both the graduate and undergraduate tracks of the High-Growth \/ Technology Division. Second place winners in these tracks will each receive $10,000; and $7,500 will be awarded to both third-place winners. A cash prize of $10,000 will be awarded to the winner of the Small Business Division, with the second- and third-place teams winning $7,500 and $5,000, respectively. The winners of each track\u2019s elevator pitch competition will receive a $1,000 cash prize. All faculty advisors for all winning teams will each receive a $1,500 cash award. Crystal trophies will also be presented to student and faculty winners for display at their college or university.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sixteen volunteer judges evaluated each business plan in Round 1 of the competition, and selected teams as finalists to advance to Round 2. Fifteen new volunteer judges convened to hear oral presentations from all finalists to decide the winners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The luncheon will be emceed for the eighth year by Mike and Anne Preston. Mike Preston is the managing director and head of the Site &amp; Incentive Group for Stephens, Inc. in Little Rock. Anne Preston is a broadcast journalist and a Little Rock-based news anchor for several local television stations across the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Arkansas Capital CEO Sam Walls said the company launched the Governor\u2019s Cup in 2001 to address what it saw as a need for real-world entrepreneur education, but targeted to the state\u2019s <em>future<\/em> entrepreneurs. \u201cEverything we do here at Arkansas Capital is geared toward empowering entrepreneurs and strengthening communities. We wanted to provide our state\u2019s colleges and universities with a highly-incentivized opportunity to teach their students to think entrepreneurially and encourage them to look at entrepreneurship as a career path,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Walls added that, unlike many collegiate business competitions around the country, the Governor\u2019s Cup does not require student teams to launch their startups, but instead rewards them for the rigorous and real-world experience they gain as competitors. \u201cAlthough there are several existing companies with roots in the Governor\u2019s Cup, many past competitors tell us they have been positively impacted both personally and professionally beyond college because they applied the grassroots knowledge they gained from this experience,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since the first competition in 2001, 3,165 college and university students have competed, submitting 977 business ideas. For 2023, 78 students comprising 23 teams from nine Arkansas universities entered the competition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of this year, the competition has awarded a total of $2.81 million to winners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/acccapital.com\/wp-content\/uploads\/2023\/03\/2023-Governors-Cup-Finalists-for-Web.pdf\">Click for more information about this year\u2019s finalists.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/acccapital.com\/wp-content\/uploads\/2023\/03\/2023-Governors-Cup-April-3-Awards-Luncheon-Agenda.pdf\">Click for the Awards Luncheon Program Agenda.<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>$114,000 Cash for Winners to be Awarded April 7 Little Rock, Ark. \u2013 Startup ideas from 14 finalist teams, representing 7 Arkansas colleges and universities, will be showcased live followed by the announcement of the winners of Arkansas Capital\u2019s 23rd annual Arkansas Governor\u2019s Cup Collegiate Business Plan Competition Awards Luncheon; Friday, April 7, from 11:30 [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"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":[36],"tags":[],"class_list":["post-138503114","post","type-post","status-publish","format-standard","category-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>Arkansas Capital Announces 2023 Governor\u2019s Cup Competition Finalists | ACC Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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