Congratulations to the 2009 Utah Entrepreneur Challenge Winners
The 2009 awards banquet at the Rice-Eccles Stadium Tower was a memorable event for many involved with this year's state-wide entrepreneur challenge. Many distinguished guests from the business community of Utah were in attendance eager to see what student entrepreneurs from Brigham Young University, University of Utah, and Westminster College have been writing, planning, and even executing over the past seven months. Congratulations to the winners of the 2009 Utah Entrepreneur Challenge.
Grand Prize: KT Tape
This year's $40,000 challenge winners was K2 Tape from BYU. An astounded Reed Quinn of KT Tape said, "This is definately an honor and the $40,000 will give our company a huge jump start in bringing kinesiology tape to consumers."
Perfect for athletes, weekend warriors, and everyone with sore muscles, TT Tape provides muscle pain relif, increased mobility and enhanced recovery.
For more information on K2 Tape, visit www.lumosinc.com.
Runner-up: Hansen Ties
Hanson Industries, a team made up of BYU and LDS Business College students, was announced as a $5,000 runner-up.
Hansen Industries has developed and received patents on the process of manufacturing railroad ties from recycled tires and promises to redefine sustainable development in the railroad industry. Benefits of the Hansen Tie include lower cost of ownership, longer life, no new or additional equipment required for installation, better spike retention, increased weight capacities and freight speeds, noice reduction and complete recyclability.
For more inforamtion on the Hansen Industry's Hansen Tie, visit http://hansentie.com.
Runner-up: VeriTract
University of Utah team, Veritract, was announced as a $5,000 runner-up. Misplaced feeding tubes are estimated to kill more than 6,000 people per year. Deaths from isplaced feeding tubes equate to approximately 4 deaths per year for an average hospital. The Veritract Smart Feeding Tube
combines the power and utility of an endoscope with a simple feeding tube allowing for real-time vision, full articulation and tube steering with a traditional fluid pathway for feeding formula.
A History of Sucess!
The Utah Entrepreneur Challenge has fostered 9 first-place winning business ideas from ambitious college students; many of whom have proceeded to gain millions of dollars in ventur capital funding. Be a part of the Utah Entrepreneur Challenge; be a part of history.
| Year | Placement and Prize | Company |
| 2009 | First Place - $40,000 | KT Tape |
| Runner Up - $5,000 | Hansen Industries | |
| Runner Up - $5,000 | Veritract | |
| 2008 | First Place - $50,000 | AmWell |
| Runner Up - $10,000 | Klymit | |
| Runner Up - $10,000 | EnergyTap | |
| 2007 | First Place - $40,000 | Zinch.Com |
| Runner Up - $5000 | Mobile O/X | |
| Runner Up - $5000 | Calle | |
| 2006 | First Place - $40,000 | Core Footwear |
| Runner Up - $5000 | Five Star Painting | |
| Runner Up - $5000 | ResCue | |
| 2005 | First Place - $40,000 | Wasatch Microfluidics |
| Runner Up - $5000 | BilliardEx | |
| Runner Up - $5000 | Cartoon Solutions | |
| 2004 | First Place - $40,000 | Tropi-Cool |
| Runner Up - $5000 | Mayan Tree | |
| Runner Up - $5000 | Silent Whistle | |
| 2003 | First Place - $40,000 | ScheduleWorks |
| Second Place - $5000 | Property Solutions | |
| Third Place - $5000 | Parkteck Technologies | |
| 2002 | First Place - $40,000 | EntertainmentNow! (Now called MediaPort) |
| Second Place - $5000 | Bottling Brothers | |
| Third Place - $5000 | Leading Edge Solutions, Inc. | |
| 2001 | First Place - $40,000 | TermSeek (Now called LingoTek) |
| Second Place - $5000 | GrassSoap | |
| Third Place - $5000 | Trulite, Inc. | |