Randy Pilkington, director, UNI John Pappajohn Entrepreneurial Center, 319-273-5732
Rebecca Schultze, communications and public relations manager, UNI College of Business Administration, 319-273-3309, email@example.com
CEDAR FALLS -- Winners of the sixth-annual John Pappajohn Iowa Business Plan Competition will be recognized at a special awards luncheon on Nov. 16 in Levitt Hall in Old Main at Drake University in Des Moines.
At the luncheon, Iowa Gov. Terry Branstad and John Pappajohn will speak about entrepreneurship, and the three winners will provide brief overviews of their companies. Checks of $25,000 for first place, $15,000 for second place and $10,000 for third place will be awarded, and a short video about the companies will be presented as the awards are announced.
Following a seven-month long competition, where 50 business plans were submitted and reviewed, seven businesses presented to a panel of judges on Sept. 8. The judging panel included the five John Pappajohn Entrepreneurial Center (JPEC) representatives from the Iowa Small Business Development Center.
From the presentations, the three competition finalists were chosen by the panel. They are, in alphabetical order:
- M&S FlowMatics, which has developed a unique flow meter for real-time measurement of granular materials though a pipe, such as gravel, grain, sugar or sand. The company was formed in 2009 and is located in Ames.
Contact: Manjit Misra
- Radiology Protocols, which has developed an on-line medical imaging process to make radiologic imaging efficient and accurate, thus lowering imaging costs. The company was founded in 2008 and is based in Iowa City.
Contact: Steve Baker
- VSI Aerospace, Inc., which combines software and air pressure sensors to alert pilots of trajectory changes to enhance safety and fuel savings. The company was founded in 2008 and is based in Ames.
Contact: Jerald Vogel
"I congratulate the three winners on their outstanding business plans," said John Pappajohn. "More importantly, I hope this competition will stimulate additional entrepreneurial activity throughout the state and that those business owners who participated will continue to access the resources of the JPECs, business accelerators and SBDCs to help them get started and accelerate their growth once they are in business."
The John Pappajohn Entrepreneurial Centers are located at Drake University, Iowa State University, North Iowa Area Community College, the University of Iowa and the University of Northern Iowa. The John Pappajohn Entrepreneurial Centers provide entrepreneurial education and business support, partnering with agencies like the Small Business Development Center, the Iowa Department of Economic Development, Entrepreneurial Development Centers and local entrepreneurs to assist with funding and other business needs.
For additional information please contact one of the JPEC centers via the contact information below.
Drake University John Pappajohn Entrepreneurial Center
Iowa State University John Pappajohn Entrepreneurial Center
North Iowa Area Community College John Pappajohn Entrepreneurial Center
University of Iowa John Pappajohn Entrepreneurial Center
University of Northern Iowa John Pappajohn Entrepreneurial Center