Business plan

Jamestown student’s business plan wins award


April 22—HIGH POINT — A Jamestown pharmacy student has won first place and $10,000 for her business startup idea in High Point University’s 12th annual business plan competition.

Ivana Korankyi, who is on track to earn her doctorate in pharmacy in 2024, has designed Flasky Labware, a specialized tool that collects drugs that researchers and pharmaceutical companies are typically unable to reach on the inside walls of a round bottom laboratory flask. She thinks Flasky Labware could save researchers and pharmaceutical companies substantial amounts of money.

“Having this experience with HPU’s business plan competition has been amazing,” she said. “It was an opportunity to challenge myself and transform myself alongside my business. It helped me realize that there is always a reason to do better, think bigger and get things done. differently.”

During the competition, five finalists competed for seed money for their businesses by presenting themselves to a panel of business leaders serving as competition judges.

Second place and $8,000 went to Jack Hammond for The Fish Stick, which is designed to retrieve expensive fishing lures from trees and underwater structures. Sean Martin won third place and $6,000 for his product, Kap Popper, which helps people with poor grasping abilities open screw caps.

Two finalists, each winning $3,000, were the team of Jordan Rubin and Addison Antico for the MJ Bottle, an all-in-one baby bottle, and Alexander Malyszko for Your Personal Jeweler, which is designed to help independent jewelers . with accounting, marketing and other business services.

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