Lake Erie College hosts 2017 ideaLabs competition

Academics,

On Thursday, April 6, 2017, Lake Erie College hosted the Entrepreneurship Education Consortium's (EEC) 2017 ideaLabs regional competition, an annual event wherein students from the EEC’s 11 member colleges present entrepreneurial ideas to a panel of experienced judges.

Held in Austin Hall of Science, the event featured teams from each member school competing in the regional finals for the chance of a $5,000 prize. The teams, which were comprised of students from all disciplines who wanted to pursue new venture ideas, received critiques from a panel of experts to help define target markets, start-up costs, and advertising messages.

Lake Erie College hosted its own internal competition on Thursday, March 30 to determine who would represent LEC at the regional finals competition. Nemanja Josic won this event and represented the College with his presentation titled “Solar Toys.”

At the end of the day, Roy Chan from Case Western Reserve University’s Institute of Technology took first place with his project, WES Debit Payment System. Ashland University’s team took second place and University of Akron’s took third.

The schools represented at ideaLabs 2017 included: Ashland University, Baldwin Wallace University, Case Western University, Hiram College, John Carroll University, Lorain County Community College, Kent State University, Lake Erie College, University of Akron, and University of Mount Union.

The EEC gives students a chance to explore innovative ideas, preparing them to establish new enterprises or become entrepreneurs within existing organizations. The organization’s annual Entrepreneurship Immersion Week (EIW) will take place this year from July 30 – August 4 at Cleveland State University.

For more information on the ideaLabs competition at Lake Erie College, contact Peter Apicella, entrepreneur-in-residence, at papicella@lec.edu.

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