Raider Tank Competition Held
November 13, 2013
ALLIANCE, Ohio – The University of Mount Union entrepreneurship program held the third annual Raider Tank competition on campus in October.
Based off of the ABC show “Shark Tank,” Raider Tank allows students two minutes to pitch their products or business ideas to a panel of judges, followed by a two minute question and answer session. The judges, referred to as “sharks,” of this year’s Raider Tank competition, included Mike Jarrett ‘87, founder and president of Jarrett Logistics Systems, PackShip USA and Jarrett Companies, Inc.; Daniel Luketic ‘08, President of Risk Management Technologies and founder of YouLobby; Denise Easterling, co-founder of five start-up companies and current entrepreneurship faculty member at Kent State University; Leslie Goldwater Nelson, senior program officer with Burton D. Morgan Foundation and Todd Pugh, founder of Todd’s Enviroscapes, Inc. and inventor of the Mulch Mule.
Twenty-six different students pitched their ideas to the “sharks.” Senior marketing major Josh Clemence of Akron, OH, junior management and history major Wade Clark of Fairview Park, OH and junior business management major Shane Murphy of Belfast, Ireland presented their idea, View to Buy. View to Buy is a company that would produce promotional videos for online retailers, then take a portion of the sales that the retailer generated as a result of those videos.
Junior marketing and management major Ty Frank of Massillon, OH and junior business administration and political science major Dean Seitz of Parma, OH presented their idea of a smart phone application called “Away.” This application acts as an “away message” for cell phones by notifying the sender when the receiver’s phone has died. The sender will receive a notification explaining that the person’s phone has died and they will be contacted once it is recharged.
Senior accounting major Joe Parker of Geneva, OH presented an online mobile application called “Grocery Grabber.” This application and website would provide customers with the ability to pre-purchase groceries, saving both time and money.
Third place of $200, was awarded to Parker for his grocery application. Second place of $300, was awarded to Frank and Seitz for their mobile away message idea. First place of $500 was awarded to the team of Clemence, Clark and Murphy for their promotional video company.
“Raider Tank was a great learning experience,” said Wade Clark, a member of the winning team. “I loved that the judges made the competition so realistic by asking questions to help you forward your idea.”
Professor Mike Kachilla, assistant professor of management and academic director of entrepreneurship and Matthew Stinson, director of advancement for major gifts and administrative director of entrepreneurship, the two leading the entrepreneurship program at the University, organized the competition, which was originally funded by the Burton D. Morgan Foundation.
“The contest gives students an experiential opportunity to present their ideas to a panel of expert judges,” said Stinson. “We were thrilled with the number of students competing this year and with the quality of those presentations. Some of the ideas from previous competitions have led to real world follow-up funding to advance those ideas and I won’t be surprised if the same occurs with a few of the ideas this year.”