New Jersey High School Students Honored for Innovative Business Ideas
Fairleigh Dickinson University’s Rothman Institute of Entrepreneurial Studies hosted the New Jersey Business Idea Competition on the evening of March 30, 2007 in Lenfell Hall, the Mansion, at FDU’s College at Florham campus. The competition, which was open to all New Jersey high school students, provided a unique opportunity to think creatively and to develop their own business ideas.
Students’ ideas were evaluated on the following criteria: the overall feasibility and persuasiveness of the idea, potential for growth or overall societal benefit, clarity and development of the idea, and the feasibility of building and sustaining a competitive advantage.
Semi-finalists, finalists and a winner from each region of the state: North (Bergen, Passaic, Sussex, Morris, Essex, Warren counties); Central (Hunterdon, Somerset, Union, Middlesex, Mercer and Hudson counties); and South (Monmouth, Ocean, Burlington, Camden, Gloucester, Atlantic, Salem, Cumberland and Cape May counties) were honored at the awards ceremony. Each of the winners received a cash prize and a certificate.
The mission of the Rothman Institute of Entrepreneurial Studies of Silberman College of Business is to foster and support entrepreneurship and innovation in the academic and business communities. Since 1989, the Institute has fulfilled its mission by offering innovative academic and outreach programs on the local, regional and increasingly, global levels.
Finalists for Northern New Jersey: Laura Brett, Columbia High School – Nails on the Go; Chad Nathan, Livingston High School – If Only Someone Told Me: Guide to Independence*(Winner); Stephanie Pankiw, Hasbrouck Heights High School – TutorsNearMe.com; Christine Whelan, Hasbrouck Heights High School – The Easy Find.
Finalists for Central New Jersey: Randall Arthur, North Plainfield High School – Race Suit Coolant System; Michael Bachmann, Highland Park High School – Jumping Scholar’s Centers; Nicholas Keyasko, Watchung Hills Regional High School – E Alert*(Winner); Brandon Rhoades, East Brunswick High School – Rhoades Real Estate Developing.
Finalists for Southern New Jersey: Steve Bonafiglia, Dan McAleer, Haddon Township High School – The Shake and Wake:*(Winner); Jessica Low, Amanada Rosa, Haddon Township High School – Dress Me Up!!; Parth Parikh, Colts Neck High School – ICounsel; Mirabelle Solomon, Egg Harbor Township High School – Savvy Software.
The Northern Region winner is Chad Nathan from Livingston High School with If Only Someone Told Me: Guide to Independence: Chad’s idea is to create an interactive, step-by-step guide to help teenagers though the upcoming milestones of becoming an adult. His mentoring software will give insight into the daily responsibilities from early teenage years through adulthood.
The Central Region winner is Nicholas Keyasko, from Watchung Hills Regional High School with E Alert: E Alert is a security system that will alert computer users when they accidentally leave their thumb or USB drive in a computer. It is designed to make any student or teacher or any computer user feel more confident about the possibility of leaving valuable documents behind.
The Southern Region’s Winners are: Steve Bonafiglia and Dan McAleer from Haddon Township High School with The Shake and Wake: Shake and Wake is a pillow that vibrates when an alarm is activated. Owners of this unique device simply set their alarm clocks; the Shake and Wake pillow will automatically vibrate when the alarm goes off. A valuable tool for those who are heavy sleepers or have hearing problems.