Entrepreneurs take $2,000 with ‘Big Idea’
Two sophomore entrepreneurs took the top prize in Texas Tech’s Red Raider Start Up “Big Idea” competition in January.
Sophomores Ervin Friesen and Davis Banman were honored at a reception by Tech and the Lubbock Economic Development Alliance in Lubbock on Feb. 7.
The duo took the $2,000 prize for their 60-second video presentation of their idea On the Go Auto, a business idea featuring basic car maintenance that goes to the customer’s location.
“We were surprised we got first,” Friesen said. “Another business was 6,000 points ahead of us at one point.”
Second prize of $!,000 went to VxMED which aimed to translate textbook and lecture medical knowledge into an inter virtual learning experience.
The third prize of $500 went to Engaged Fitness which focused on mental and physical fitness by providing healthier drinks, etc.
Winners received their prize money at the reception which Friesen said would buy a portable QuickJack for their business.