On April 8th Rowan University’s Rohrer College of Business hosted its inaugural business model competition that drew aspiring student entrepreneurs from across their campus. Five finalists vied for cash prizes by pitching their business models to a panel of distinguished judges.
Stunited led by John Rondi took the 1st prize of $4000.00 for an app that will unite students based on their academic skill set. The team behind ProfInstruments took 2nd place, receiving $2500 for a low cost, portable material testing instruments for educational, research, and industrial organizations.
Four of the business models touched on some aspect of education, the fifth model served to provide fitted professional looking clothing.
Steve Boerner, Managing Director of Hatch House, moderated the finals. The panel of judges included Linda Rohrer, Chairwoman of Rowan University’s Board of Trustees, Stephen Gill, Co-Founder and CEO at Red Spark, Katherine O’Neill Executive Director of Jumpstart New Jersey Angel Network and Greg Payton, Vice President & Performance Management at PNC.