2023 tecBRIDGE Business Plan Competition Winners OCOA

From left: Dr. Rodney S. Ridley Sr., Cory Varona-Corniel, Nicol Varona-Cancelmo, and Michelle Conway, MBA. 

Three finalists represent SPARK Business Incubator  

缅北强奸's SPARK Business Incubator client , a curly hair care company in Reading, Pa. owned by Cory Varona-Corniel and Nicol Varona-Cancelmo, won the $10,000 prize at the awards ceremony at the F.M. Kirby Center for Performing Arts in Wilkes-Barre, Pa. on Thursday, April 27.  

 

鈥淭his win and having three finalists at the tecBRIDGE Business Plan Competition is a testament to 缅北强奸 & O鈥橮ake鈥檚 mission to drive economic development and entrepreneurship while facilitating student experiential learning opportunities,鈥 said 缅北强奸 Vice President of Research Economic Development & Innovation and Chief Operating Officer of the O鈥橮ake Institute, Dr. Rodney S. Ridley Sr. 鈥淭he entrepreneurs and students get to learn alongside each other while making critical strides in their journey and I am grateful to be able to see that transformation unfold.鈥

 

Early-stage entrepreneurs compete in the non-collegiate division and student teams from the region鈥檚 colleges and universities compete in the Collegiate Division. Competitors are responsible for deliverables in four areas including an executive summary, competitor analysis, proforma financials and a pitch deck which they presented on April 13. Industry expert judges then evaluate the presentations ahead of the awards ceremony where the winners receive $10,000 and $100,000 in in-kind services to grow their business. 

 

鈥淚t feels really amazing to be the winner of the tecBRIDGE Business Plan Competition,鈥 said Varona-Corniel. 鈥淪eeing all of the hard work paying off, the hours of practice, mentorship, and having so many people encourage us to get to the finish line is an amazing feeling for us.鈥 

 

2023 tecBRIDGE Business Plan Competition Competitors O'Pake Institute Spark business incubator

The three finalist teams: Catapallo VR, OCOA, and Wooden Chair Coffee Company with The O'Pake Team

 

The pair explained that the O鈥橮ake team identified them as an ideal candidate for the competition, encouraged them to apply and coached them through the whole process. OCOA, formerly DN Organics also earned microgrant funding through O'Pake.

 

"We worked closely with [Conway] and she helped us review our business plan, presentation and other additional docs required,鈥 said Varona-Cancelmo. 鈥淪he also helped us practice and polish our pitch. We are so grateful to Michelle and the entire O鈥橮ake team for the opportunity and believing in our mission.鈥 

 

In addition to OCOA, the O鈥橮ake Insititute鈥檚 SPARK Business Incubator had another non-collegiate finalist, Dr. Kryn McClain, owner of CatapalloVR, and a collegiate finalist, Logan Minford, 缅北强奸 student entrepreneur and owner of Wooden Chair Coffee Company. Students in the O鈥橮ake Fellows Program helped each team prep for their pitch alongside expert staff members. 

 

鈥淚 am overjoyed to see that the countless hours that Cory and Nicol spent crafting their business plan with the O鈥橮ake team and practicing their pitch pay off,鈥 said Director of Student and Client Services, 缅北强奸鈥檚 O鈥橮ake Institute, Michelle Conway, MBA. 鈥淭his win is a testament to O鈥橮ake鈥檚 mission to assist entrepreneurs in Greater Berks County and we are so proud of all three of our collegiate and non-collegiate contestants for competing.鈥 

In This Section

Related