2018 LGEC Winners
Four winning teams from across Kentucky were awarded a total of $100,000 in scholarships on Saturday April 28, 2018 at the second Lt. Governor's Entrepreneurship Challenge (LGEC) at the University of Kentucky.
“Bluegrass VR” from Marshall County High School won the top prize at the Lieutenant Governor’s Entrepreneurship Challenge (LGEC) 2nd annual competition finals, hosted Saturday, April 28, 2018 at the University of Kentucky’s Gatton School of Business. Advised by Lisa Devillez, Bluegrass VR team members Claire Harmon and Daniel Sills each won $25,000 in scholarship funds to be used at any in state post-secondary school or program.
Lieutenant Governor Jenean Hampton was delighted with all the presentations delivered. “Congratulations to the exceptional winners of this year’s contest. Writing and pitching a business plan is not easy, and I’m proud of all the students who accepted the challenge."
UK President, Dr. Eli Capilouto, viewed the final pitches and addressing the audience, encouraged the students to persevere, no matter the obstacles, and to invest in those coming behind them. UK’s Gatton School of Business Von Allmen Center for Entrepreneurship provided $500 checks to each of the top 4 teams to present to their schools for use in developing their approved business/entrepreneurship programs.
Union College and Asbury University provided the top team with additional scholarships if they choose to enroll at their schools. University of Pikeville awarded 2nd place team I.R.M.A.N. their Healthcare Product Pitch Award that includes a visit to their Bio-Medical Research Laboratory and guidance from clinical and biomedical faculty on their product. The Governor’s School for Entrepreneurs also awarded winners spots at their 3-week summer program.
“Kentucky Science and Technology Corporation (KSTC) is pleased to again partner with Lt. Governor Hampton and the more than 750 high school students from across the Commonwealth who participated in this year's premier high school entrepreneurial event. The broad-based skills they built through this experience provides a great foundation for their future and for Kentucky’s future” said Terry Samuel, President of KSTC.
Sponsors and partners for LGEC included KSTC, Kentucky Innovation Network, GlowTouch Technologies, Alltech, Goss Samford Attorneys at Law, KY Touchstone Energy Cooperatives, Beam Suntory, AT&T, BB&T, LGE/KU, St. Elizabeth Healthcare, Governor’s School for Entrepreneurs, UPS and Xooker.
This year’s judge panel included Mark Erwin, co-founder of Mark’s Feed Store Bar B-Q; Purna Veer, founder and president of V-Soft Consulting; Cordelia Harbut, Executive Director of the KY Commission on Women; Matthew Hollenkamp, VP of St. Elizabeth Healthcare; and Patrick Becka, VP of Product Development at GlowTouch Technologies.
The 3rd Annual Lieutenant Governor’s Entrepreneurship Challenge will begin this fall with an initial registration deadline of December 3, 2018.