A University of Richmond student reeled in a winner Monday.
Lauren Grainger and her LineGuard idea for a fishing line accessory that prevents tangling won UR’s annual Business Pitch Competition on Monday. Grainger and four other finalists made their final pitches to a panel of local businesspeople.
Twenty-four teams competed in the initial round.
Grainger won $3,500 and a chance to pitch her idea to a group of local angel investors. Second-place finisher Brett Csorba took home $1,000 for his PageChat idea to help Google Chrome users to connect with other people viewing the same web page. The third-place prize of $500 went to Pamir Niaz and Christopher Bahlo for their SweatTee concept, an odor- and moisture-resistant undershirt.
The panel judged the pitches based on concept, clarity, comprehensiveness, feasibility and potential value.
The judges were Pat Galleher of Boxwood Partners, Amyli McDaniel of Venture Wise, Chris Moore of Direct Mail Solutions, Mike McGinley of New Dominion Angels, Richard Harrison of Code Hero, Karen Booth Adams of Hot Technology Holdings, Dan Henderson of CIT GAP Funds, Scott Warren of Warren and Whitney, and Charles Polk III of Jones Lang LaSalle.
The Entrepreneurship Club, the Center for Innovation and Entrepreneurship, and the Richmond Association for Corporate Growth sponsored the event.