Student team representing Marshall wins business plan competition
HUNTINGTON, W.Va. – A student team representing Marshall University took first place in the technology category in the first West Virginia’s Open For Business State Business Plan Competition Saturday, April 14, in Morgantown.
Will Starcher, a fine arts major at Marshall, along with his sister, Margie Starcher, a student at WVU-Parkersburg, saw their invention, the Spider Easel, and their company, Arachnovation, LLC, win $10,000 in cash and a package of resources to help launch their business.
The resources include legal services from Spilman, Thomas and Battle, PLLC; accounting services from Dixon Hughes, PLLC; physical or virtual office space at the WVU Business Incubator and business cards and letterhead from Signs Plus. The win is a result of all the hard work the team has put into the project, team leader and Spider Easel creator Will Starcher said.
“We have worked on it (the Spider Easel) long and hard for eight years,” Starcher said.
According to Amy Anastasia, Marshall University’s coordinator for the competition, the win serves a dual purpose for the team.
“This validates the hard work that Will and his sister put into this business,” Anastasia said. “However, the journey towards creating a thriving business is still underway.”
While the other project representing Marshall, the Independability Wheelchair-assistance Utility, did not win, the competition helped them and the other finalists bring their inventions and creations to a larger stage.
“The competition helped give some already existing concepts a leg up, and it gave birth to many more,” said Independability team member Christopher Worth, a Marshall fine arts graduate.
For more information about the 2007 West Virginia’s Open for Business – Student Business Plan Competition, visit http://www.be.wvu.edu/bpc/ or contact Anastasia at (304) 696-4365.