Wednesday March 28, 2007

Winner of First Business Plan Competition Announced

Two UD business majors and a former NFL player's idea for computerized football trainers are "a hit."

Get Quick's got game.

An entrepreneurial idea for computerized sports agility trainers, called Get Quick, took first place in the University of Dayton's School of Business Administration's first Business Plan Competition, netting the brains behind the biz $5,000 to start their company.

UD junior business majors Vince Pecoraro and Steven Kreiger and Andy Harmon, a former Philadelphia Eagles defensive tackle and Centerville, Ohio, resident, came up with the business plan after Harmon brought his idea to the business school. Get Quick would be sold to NFL, college and high school football teams and would allow coaches to track individual performance over time as well as compare performance between individuals.

Get Quick is basically a computerized blocking sled. A computer is located on the back of where a player hits. Blinking lights on the front show the player where to hit and tests the reaction time of the play. Sensors measure the physical impact of the hits to be able to calculate how powerful a player hits another player.

Harmon knows all too well how important this information can be, as he had the most sacks by a defensive tackle in the Eagles history.

The University of Dayton's School of Business Administration launched the competition in December to help teach entrepreneurship and give students a leg up in the job market. In all, 21 teams made elevator pitches. Five teams made it to the finals, which were held this past Saturday. The other finalists in second through fifth place include:

2) Life Stories Funboxes, a technological scrapbook, by UD law students Adrian King and George Limbert. The idea combines scrapbooking and technology to allow aging adults to tell their life stories while improving their mental sharpness at the same time. It won $2,500.

3) Gelatoria, Italian Gelato, by UD entrepreneurship major Rachel Pleiman, involves the vision of an "Italian" experience, complete with Italian decor, interior design and materials like stone and tile. It took home $1,000.

4) Residential Retrofitting and Care, home renovation for the elderly to provide safer, easier alternatives for aging adults living alone, by UD junior business major Timothy Miller won $500.

5) Carnival Cakes, a company that produces frozen versions of funnel cakes received $250. Jim Croghan, a junior entrepreneurship, finance and operations management major at UD, and Greg Leibach, an art design major at Knox College in Galesberg, Ill., want to bring the fair fare into the grocery store frozen foods section.

The University of Dayton this fall gained national recognition for its entrepreneurship program, named fifth best by Entrepreneur magazine and The Princeton Review. The program started in 1999 with 10 students and enrolled a record 140 undergraduate majors this fall. Students don't just study theory. They become entrepreneurs. Flyer Enterprises, comprised of seven student-run businesses on campus, is now the fourth largest student-run operation in the nation, with more than $1.3 million in annual sales. All sophomore entrepreneurship majors are given $3,000 loans from the Crotty Center for Entrepreneurial Leadership to start their own businesses, with any profits going to charity. Businesses in the Dayton region receive free consulting from teams of senior entrepreneurship students.

For more information, contact Linda Robertson at 937-229-3257.