Scholly, a startup app out of Drexel University that make it easy for students to find college scholarships, won the $75,000 top prize at the 10th annual Cupid’s Cup, chaired by Under Armour founder and CEO Kevin Plank ’96 and hosted by the Smith School’s Dingman Center for Entrepreneurship.
A crowd of nearly 1,000 packed the Clarice Smith Performing Arts Center for the competition on April 22, 2015.
Six finalists each had four minutes to pitch their businesses, then answer questions from Plank and the other judges: Karen Katz, CEO of Neiman Marcus; Daymond John, founder and CEO of FUBU and TV’s “Shark Tank” star investor; and Mike Lee, cofounder and CEO of MyFitnessPal.
Judges awarded the $20,000 second place prize to GudNeSs Bar, a Duke University startup that makes nutrition bars to combat anemia in India. Third place and $5,000 went to SnappyScreen, a Cornell University-based maker of a touchless sunscreen-application system.
Scholly also won a $5,000 Salesforce Innovation prize, along with in-kind services and guidance from top companies and business leaders. Gym Supreme, a University of Maryland home gym system maker, took home the $5,000 audience choice award.
Cupid’s Cup is named for the Valentine’s rose business Plank ran as a UMD student that earned him his initial seed money for Under Armour. It is open to undergraduate and graduate-level students at accredited colleges and universities worldwide, as well as recent graduates of those institutions. /CH/