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12-09-2015

Clarkson University Team Wins $2,500 in Retail & Health Innovation Challenge

A Clarkson University team placed third and won $2,500 in the Wake Forest University 2015 Retail & Health Innovation Challenge in November.

Retail & Health Innovation ChallengeThe challenge was hosted by the Wake Forest School of Business's Center for Retail Innovation in Winston-Salem, N.C., and sponsored by CVS Health.

Each team delivered a two-minute pitch to a panel of judges comprised of industry experts. The teams gave an elevator pitch without audiovisual support or presentation decks, but were allowed to use props, prototypes, print materials, phones or laptops to support their ideas.

Clarkson engineering and management student Daniel Drake '16 and Onondaga Community College student Mike Dalberth '16 delivered a pitch for Powder Partner, which was among the finalists selected for a round of 30-minute presentations.

Working with Clarkson's Shipley Center for Innovation, the Powder Partner team aims to create an innovative delivery system for the vitamin and supplement industry that satisfies the needs of athletes and fitness enthusiasts.

"Over the past few months we've gained significant traction, business plan competitions like Wake Forest's and opportunities like the 3 Day Startup at Clarkson University have really allowed us to take advice from some very influential judges," Drake said. "These opportunities allow us to network and gain invaluable feedback that we’ve been able to integrate into our business model."

Anyone interested in contacting the Powder Partner team can reach Drake and Dalberth at info@powderpartner.com .

Clarkson University launches leaders into the global economy. One in five alumni already leads as a CEO, VP or equivalent senior executive of a company. Located just outside the Adirondack Park in Potsdam, N.Y., Clarkson is a nationally recognized research university for undergraduates with select graduate programs in signature areas of academic excellence directed toward the world’s pressing issues. Through 50 rigorous programs of study in engineering, business, arts, sciences and the health professions, the entire learning-living community spans boundaries across disciplines, nations and cultures to build powers of observation, challenge the status quo, and connect discovery and engineering innovation with enterprise.

Photo caption: From right to left, CVS Health Vice President of Marketing and Enterprise Branding Whitney Hardy presents a check for $2,500 to Clarkson University engineering and management student Daniel Drake '16 and Onondaga Community College student Mike Dalberth '16 for their Powder Partner pitch. The team placed third at the Wake Forest 2015 Retail & Health Innovation Challenge.

[A photograph for media use is available at http://www.clarkson.edu/news/photos/rhic-2015.jpg .]

[News directors and editors: For more information, contact Annie Harrison, Director of Media Relations, at 315-268-6764 or aharrison@clarkson.edu.]

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