Pea in the Pod Spa Wins 2011 Rollins MBA Venture ChallengeMarch 22, 2011 — The Rollins MBA Center for Advanced Entrepreneurship announced today that Pea in the Pod Pre and Post Natal Spa has been named the winner of this year’s Rollins MBA Venture Challenge. Rollins MBA student Retu Jalhan leveraged her past experience in the spa industry to develop the concept for Pea in the Pod.
“We congratulate Retu for her creativity and for demonstrating her ability to execute on the ideas outlined in the business plan for Pea in the Pod” said Cari Coats, executive director of the Rollins MBA Center for Advanced Entrepreneurship. “Collectively, this year’s participants brought forward a number of extremely creative ideas that have the potential to be transformed into viable businesses.”
In addition to Pea in the Pod, this year’s Rollins MBA Venture Challenge competitors included: Game Changer Technologies, a technology company focused on changing the way not-for-profits handle customer relationship management; SHAVE, a new premium-price luxury grooming experience targeting the modern man; and Bentexx, a developer of new patented technologies for orthopedic soft tissue repairs.
“Being able to develop and foster entrepreneurial thinking and approaches is critical to helping organizations of all sizes ensure their long-term viability and success,” said Michael Bowers, academic director of the Center for Advanced Entrepreneurship who is also a professor of marketing and entrepreneurship at the Rollins MBA.
The Rollins MBA Venture Challenge, organized by the Rollins CEO chapter, provides members of the Rollins family an opportunity to take an idea for a new product or business and develop a plan to introduce it to the marketplace. New ventures are defined as seed companies, start-ups, buyouts, the expansion of established enterprises, or site-specific franchises. The Rollins MBA Venture Challenge consists of the Elevator Pitch Competition, the Venture Plan Competition, and workshops put together to help participants craft their business plans.
The Rollins MBA Venture Challenge is in its seventh year. Previous winners include Go! Parent, City-State Technologies, Ascent IT Solutions and ReDesigning Women.