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Indulge Your Imagination

Regnier Venture Creation Challenge Provided Glimpse into Possibilities

Have you heard about …

  • a website that connects Middle Eastern students to American universities?
  • LED lighting equipment for auto enthusiasts?
  • a Truck Ferry train that travels between Kansas City and St. Louis?
  • a service that transitions patients from hospital to home?

If these topics piqued your interest, the Regnier Venture Creation Challenge at the University of Missouri-Kansas City was the place for you. The challenge is managed by the Henry W. Bloch School of Management and its Regnier Institute for Entrepreneurship and Innovation.

During the recently-held challenge, 16 semi-finalists presented ideas to more than 100 judges. From that group of ventures, four finalists were selected.

The four ideas listed above were those of the finalists selected. They are:

  • First place – Mideast Student Link
  • Second place – Fulkerson Fabrication
  • Third place – Missouri Truck Ferry
  • Fourth place – Informed Health Solutions LLC

“Participating in this challenge was very significant,” said Eric Phillips, founder and CEO of MidEast Student Link and winner of the Challenge. “Going through this whole process – and going through E-Scholars – saved me from bumping my head or making obvious mistakes. It helped me refine my idea into something that is scalable and monetizable.”

The Entrepreneurship Scholars Program – better known as E-Scholars – is a 12-month certificate program, which begins each May, and anyone can apply for admission. For additional information, visit the E-Scholars website.

“The Regnier Venture Creation Challenge is incredibly important for our future and for the future of the country, really,” said Bob Regnier, President, Chairman and CEO of Bank of Blue Valley and namesake of the Institute, along with siblings Catherine and Victor Regnier. “As stated in the name of the institute – the Regnier Institute for Entrepreneurship and Innovation – entrepreneurship and innovation drive the school.

“Today, we saw great first steps for our students. You never know the impact that you have on students by offering support. I hope it provides a better world for all of us,” concluded Regnier.

Approximately 44 teams submitted business plans for an opportunity to compete in the challenge.

Prizes for the top four winning teams are:

  • 1st place – $15,000
  • 2nd place – $10,000
  • 3rd place – $7,500
  • 4th place – $5,000

For a list of all the winners and prizes, visit the Regnier Venture Creation Challenge.

 


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