Jan 28, 2013
Liyen wins first place award and $5,000
SALT LAKE CITY -
Westminster College's Center for Entrepreneurship announces Liyen as the first place winner in the 2012-13 Opportunity Quest business plan competition. Liyen is a company that creates "life devices." Liyen is currently working to sell its inhaler device, Slyder, which is a spacer that serves as a carrying container for the inhaler. Chris Ciancone, Liyen team leader, accepted the award and a $5,000 check during the sixth annual award banquet on Jan. 25, 2013.
"It was always so embarrassing to pull out my inhaler when I was a kid," said Chris Ciancone, Westminster marketing student. "I want asthmatics to have something that empowers them to accomplish their goals, not hide."
Liyen is now automatically entered as a finalist in the Utah Entrepreneur Challenge where it will compete against teams from schools throughout the state.
Daakye took the second place prize of $2,000. Through Daakye, Abby Speicher contracts with Ghanaian seamstresses to create purses which are then sold in the United States. A portion of Daakye's profits go to provide scholarships to kids in Ghana. Daakye also won the Social category and another $2,000. Third place and a $1,000 check went to Good Dog Brewing. David Pang started the registered independent craft brewery to brew ales and lagers in Utah while partnering with pet organizations to help ensure each pet has a home.
Opportunity Quest is a business innovation competition that is open to all students at Westminster. The competition fosters and promotes business growth at the college and university level by giving students a chance to organize, direct and present a business idea to a panel of judges.
To learn more about Westminster Opportunity Quest, visit http://www.westminstercollege.edu/opportunityquest/index.cfm?parent=11858&detail=11859