Raider Tank Winners Awarded for Business Ideas

November 18, 2015

ALLIANCE, Ohio – Students were awarded for their outstanding business ideas and projects at the annual Raider Tank competition held at the University of Mount Union recently.

The Raider Tank competition is held each semester and is based off of the hit ABC show Shark Tank. It gives students the opportunity to pitch their ideas to a panel of judges, or sharks, made up of business professionals with a background in entrepreneurship.

This year, 20 presentations were given by 32 students to the panel of judges over a wide variety of topics. Majors of students who presented include accounting, management, neuroscience, nursing, sociology, sport business, exercise science, theater, geology, marketing, public relations, athletic training, art and psychology.

First place winner Jordan Martin, a freshman business and theatre major of Mentor, Ohio, was awarded $600. The second place team of Collin Angelori, a freshman marketing major of Chagrin Falls, Ohio, Jamal Johnson, a freshman business major of New Philadelphia, Ohio, and Martin were awarded $400. Lastly, the third place team of Brad Keller, a senior marketing major of Findlay, Ohio, and Alex Haney, a senior marketing major of Woodsfield, Ohio, was awarded $200. This team plans on putting the money towards their new business.

An award was also given to the student with the best social entrepreneurial idea. This award of a $500 prize was given to Rachel Gardner, a senior sociology and management major of Kent, Ohio. The award, made possible by the Business of Good Foundation through the Entrepreneurship Education Consortium, was presented at Raider Tank for the first time this year.

“It is just not about starting a business,” said professor Michael Kachilla, assistant professor in the Department of Economics, Accounting and Business Administration and coordinator of Raider Tank. “The program is about solving problems in a way that is creative and relevant and where you spend less money than you earn from the idea.”

Not only does this competition develop student’s problem solving abilities in the business setting, but it also develops other skills necessary for business.

“One benefit is the practice of presenting your idea in front of business people and other students,” Kachilla said. “Another benefit is the ability to organize your thoughts and think on your feet when you have to answer questions from judges.”

“As an entrepreneur, being able to pitch an idea at Raider Tank gave me experience expressing my business plan to potential investors,” Haney said.

Not only does this competition develop student’s problem solving abilities in the business setting, but it also develops other skills necessary for business.

"Having an idea or business project in your head or on paper is one thing,” Martin said. “But having the chance to present it to a group of your peers and a panel of business leaders is invaluable.”

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