JOHNSON CITY (April 29, 2019) – “Daily Eatz,” a business concept presented by East Tennessee State University students Logan and Alexandria Craft, was selected as the best pitch by a panel of local business owners and among five startups to receive a cash prize.
The iBucs Competition, sponsored by ETSU’s College of Business and Technology, provides a platform for entrepreneurial-minded students to create and fine-tune business plans and present their ideas to seasoned business owners and experts. To participate in the competition, students had to create a business plan and a pitch deck. Pitches were scored based on criteria such as understanding of customer need, commercial feasibility, the approach for bringing the business to market and the ability to sustain operation and growth.
Those serving as judges were Ashley Cox, owner of SproutHR, LLC.; David Graham, assistant director of the Tennessee Small Business Development Center (TSBDC) at ETSU; Tony Lettich, managing director of The Angel Roundtable; David Nelson, co-founder of BrewFund, Inc.; Seth Thomas, owner of Skillville; and Edwin Williams, founder of Perserbid.
The group heard 10 pitches and cash prizes were awarded to the top five. Logan and Alexandria Craft received the top award of $4,000 to go toward their startup. “Daily Eatz” is a web and mobile application the Crafts plan to launch that will connect users with discounts at local restaurants.
Tyler Dunn acquired 2nd place and $2,000 for his invention, the Rescue Pen. This lightweight multi-tool was created for rescue professionals and first responders and has a LED flashlight, seatbelt cutter and window breaker.
The 3rd place award of $1,000 was given to C-Turtle: Analytics, founded by Tomas Hill and Austin Helton, who have developed proprietary prediction algorithms for crowd-funded project campaigns.
Caleb Taber, James Sam and Darack Nanto, creators of Tempak, took 4th place for their smart watch accessory that can heat or cool the person wearing it. The Tempak team won $500 as did Julia Owens who placed 5th for pitching “Club-It,” an online platform for student clubs and organizations.
Organizers of the event have offered to assist iBucs participants who wish to enter the Student Pitch Competition at the 36|86 Entrepreneurship Festival hosted by Launch Tennessee, the state’s leading business-generation enterprise.
For more information about iBucs, visit www.etsu.edu/ibucs or contact Stephen Hendrix at email@example.com or Sonu Mirchandani at firstname.lastname@example.org.