Student teams from Oklahoma State University-Oklahoma City, Rogers State University and Northeastern Oklahoma A&M College were recognized Thursday in the new small business division of the annual Donald W. Reynolds Governor's Cup collegiate business plan competition.
Winning teams were announced at an awards dinner at the Chevy Bricktown Events Center. Gov. Mary Fallin was the keynote speaker.
University of Tulsa's EchoCharge took first in the graduate division, and Code Sooq, also of the University of Tulsa, won the undergraduate division. Each team received $20,000.
EchoCharge presented a business plan for a technology that captures sound vibrations to generate electricity to charge cellphone batteries.
Code Sooq came up with a technology to create an online marketplace that connects software coders with projects submitted by companies seeking software development.
RxOmni, from OSU-Oklahoma City, won first place in the small business division — a new category — and $10,000. The team wrote an innovative software concept to alert pharmacists to possible adverse drug interactions. The team's leader was Kris Monier, and members were Angela Davis, Angela Estevez, Herbert Foncham, Lori Hasty and Mayra Tello. Adviser was Amber Hefner.
Small business division entrants were limited to teams from Oklahoma's two-year, regional or private universities that could write a business plan on any unique or innovative concept.
Second-place winners were R2R Technologies, Oklahoma State University, graduate division; FieldFocus, University of Oklahoma, undergraduate division; and J-Paxers, Rogers State University, small business division. The graduate and undergraduate winners were awarded $10,000 each, and the small business winner won $8,000.
Third-place winners were Turtle One, University of Tulsa, graduate division; Animal Analytics, University of Oklahoma, undergraduate division; and Revolutionary Transportation, Northeastern Oklahoma A&M College, small business division. Graduate and undergraduate teams were awarded $5,000 each, and the small business team was given $4,000.
The top two teams in the graduate and undergraduate divisions advance to compete for more than $118,000 against teams from Arkansas and Nevada in the Tri-State Competition May 20-22 in Las Vegas.
Among others recognized were winners of $5,000 Oklahoma Business Roundtable Paulsen Award scholarships: Andrea McKinney, East Central University; Jerry Powers, OSU; and Timothy Whitley, OSU.
The Governor's Cup competition is open to student teams from any college campus in Oklahoma. The competition is underwritten by the Donald W. Reynolds Foundation and more than two dozen local sponsors. It is managed by i2E Inc.