CCBC Center for Business Innovation’s Business Plan Competition awards $62,500 in prize money to fledgling entrepreneurs

Mar 14, 2020

CCBC's Center for Business Innovation’s Business Plan Competition awarded $62,500 collectively to young entrepreneurs seeking start-up capital for their fledgling business.

In its seventh straight year, this is the largest pool of prize winnings available, thanks to a more than $1 million grant from the Philip E. and Carole R. Ratcliffe Foundation. In addition to the start-up capital to support entrepreneurs, the grant provides instructional support to develop new courses and workshops to strengthen the business acumen for those interested in starting a new business.

This year’s first-place winnings went to Baltimore City residents Nichelle Roane and Todd Sheridan, owners of TreeHouse Juicery, an online juice company that produces and delivers cold-pressed juices to residential and commercial customers. Their winning pitch garnered them $20,000 from the Business Plan Competition.

Additional CBI Business Plan Competition winners include:

2nd Place - $15,000
Vlad Shvets of Reisterstown, Md.
Berkleigh Music Academy

3rd Place - $10,000
Christopher Crews of Gwynn Oak, Md.
Lab Safety Specialists, LLC

4th Place - $7,500
Kristi Sachs of Owings Mills, Md.
This is the Only Moment that is Real, LLC

Runner-up - $5,000
Stewart Brokenbrough of Nottingham, Md.
Conqueror’s Plus

Runner-up - $5,000
Samuel Kayode of Baltimore County, Md.
CM Training, LLC

The CCBC Center for Business Innovation is dedicated to serving CCBC students and alumni who are interested in learning how to turn their ideas for new products, services, businesses and organizations into sustainable entities. Entrepreneurial-minded students and alumni are mentored by CCBC School of Business, Education, Justice and Law faculty and local business owners.

For more information, visit ccbcmd.edu/innovation.

Tags: Press, Achievement, Awards, Business Innovation, Business