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Oklahoma business briefcase for Feb. 11, 2020


Investors interview Love's Cup competitors

Oklahoma college students competing in the 2020 Love’s Entrepreneur’s Cup were interviewed by national investors about their business plans last week.

The competition is sponsored by Love’s Travel Stops & Country Stores and managed by i2E Inc. Students from colleges and universities throughout Oklahoma compete for $158,000 in cash prizes and scholarships.

“I met with (Mercury Fund analyst) Lilly Liu, and she was able to help me focus in on what to look for as I’m building my business plan and moving on in the competition, so that when I pitch to investors, it will be easier for them to evaluate my company,” said Casey Black, a graduate student from East Central University who is advancing a device that allows patients to monitor white blood cell counts from home.

Teams of students presented one-page deal summaries to investors and business experts in one-on-one meetings throughout the day.

"They’ve been very well prepared and have done their homework, which I love to see," said Nicole Bentz of Flyover Capital. "We had very in-depth conversations, which is exciting knowing that a lot of these students are undergrads."

Liu said she was pleased to encounter several aspiring female entrepreneurs sitting across the table from her.

"I love, love, love that Oklahoma universities and the Love’s Cup are training them at this stage and helping them become engaged in entrepreneurship and helping them learn that they can and have the ability to go and start a business themselves," she said.

Staff reports