2007 BUSINESS PLAN COMPETITION WINNERS
Co-1st Place - University Team
Promentis Pharmaceuticals, Inc .
David Baker and Team
Promentis Pharmaceuticals, Inc. was established to commercialize fundamental scientific discoveries made by Dr. David Baker and his colleagues at Marquette University. As a result of recent discoveries regarding the role of a complex molecular mechanism that regulates the metabolism of a key neurotransmitter in the brain, glutamate, a new molecular target was identified for the development of pharmaceuticals to treat major psychiatric, behavioral, and/or neurological disorders. Promentis plans to discover, develop, and market new drugs for the treatment of important human diseases, focusing initially on developing a new antipsychotic drug to treat schizophrenia. The market for antipsychotics is one of the largest, currently valued in excess of $10 billion. This market is increasingly accessible to new drugs for a variety of reasons including poor efficacy and tolerability of existing medications, increased competition from generic companies as current medications go off patent, and lack of scientific innovation in identifying new therapeutic targets. We believe that the unique mechanism that Promentis Pharmaceuticals is targeting will allow the development of novel, first-in-class drugs. Historically, drugs that exhibit greater efficacy or are better tolerated have penetrated rapidly into this market, and at least three current drugs routinely achieve annual sales of nearly $2 billion or more.
Co-1st Place - University Team, Promentis Pharmaceuticals, Inc .:
Alex Stewart, (TEAM: James Antczak, John Mansch, David Baker), Tim Keane, David Shrock
The Excellency Clinic
Khaled El-Amhad and Team
Excellency Clinic is an organization whose mission is to provide quality athletic development that improves the individual athlete while helping children in need around the world. We promote goodwill, respect, discipline, understanding of helping others and the confidence within each person’s ability
Goals
- Generate over $750,000 in revenue for E.C. by 2011
- Establish and manage an on-line social network that links the world in a virtual community of soccer players, coaches, team managers and parents.
- Expand training and networking offerings to adult market through partnership with adult soccer clubs and parents in the community.
- Create a franchise plan and sell the Excellency Clinic business model to qualified prospects.
- Increase fund-raising efforts for E.C. Miracles to include grants from corporations, foundations and government agencies, major gift development and annual fund drive to grow and invest total assets.
Co-1st Place University Team, The Excellency Clinic- Alex Stewart, (TEAM: Cathy Shaw, Chris Dadaian, Khaled El-Ahmad), Tim Keane David Shrock |
Coleman Foundation Undergraduate Student Award ($1,500)
Q F & H Catering by Josephine
Tiffany Gregory
QF&H Diner is a forty-five year old family owned and operated soul food restaurant, perhaps Milwaukee’s oldest restaurant serving the African-American community, located in the middle of Milwaukee’s inner city area. QF&H Catering by Josephine’s is a branch division of the restaurant that will offer the same menu that the restaurant offers so that our customers can get the same quality of food that they receive in the restaurant at home, company functions, or family gatherings.
Catering by Josephine’s offers a catering company and full service bakery specializing in one of a kind events. Featuring a large selection of freshly-prepared food where everything is prepared from scratch, in house, full of flavor and zest. Party planning is available as well as party locations, china and other rental services. The main focus is serving quality food at a great value.
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Coleman Foundation Undergraduate Student Award Honorable Mention ($500)
Empower Our Youth
Aleah Burks-Patterson and Team
Empower Our Youth, Inc. (EOY) is a non profit youth empowerment organization that serves at risk youth 12 to 18 years of age. The program was founded in August of 2006 and began operating for youth in January of 2007. EOY is housed at the Hillside Family Resource Center located at 1452 N 7th Street in Milwaukee and program hours are the first, second, and third Monday of every month from 4:30 to 6:30 p.m. The program exists to leverage resources available to community youth while providing them an opportunity to develop personally and professionally. EOY provides students valuable learning experiences by providing social and academic support and leadership skills development. All EOY members meet regularly to plan events that include fund-raising, community service projects, and group activities. One of the visions of EOY is to bridge the gap between adults and today’s youth and to identify and attain resources to help prepare young people for their futures. EOY accomplishes this by extending our network to political and business leaders, educators, volunteers, educational organizations, mentors, and motivational speakers who have a concern and genuine interest in the advancement of youth.
Coleman Undergraduate Award Honorable Mention, Empower Our Youth: Alex Stewart, (TEAM: Natasha Fair, unknown, Aleah Burks-Patterson), Tim Keane, David Shrock
Keynote Speaker:
Andy Nunemaker
Chief Executive Officer
EMSystem L.L.C.
Andy Nunemaker is the CEO of EMSystem L.L.C. Based in Milwaukee, EMSystem is a leading provider of real-time communications and resource management solutions that enhance preparedness and response to medical emergencies, mass casualty events, and public health incidents, providing solutions to over one-third of the nation's hospitals.
