May 31, 2016

UCLA Anderson Knapp Venture Competition Winner Kulisha Looks to Increase Food Security in Emerging Markets

GoodGaming wins People’s Choice Award; Three-way tie for third place

LOS ANGELES (May 31, 2016) – 23 teams competed May 19, 2016, at UCLA Anderson School of Management's 35th annual Knapp Venture Competition, one of Southern California's oldest student-run business plan competitions. The evening's winner, Kulisha, led by Suchintya Dandapat (’17), is developing a new feed that will increase yield in fish aquaculture based in Kenya.

The five finalist teams presented their business plans to a panel of judges consisting of entrepreneurs, venture capital investors and senior executives. Among the judges were sponsors Cleon T. (Bud) and Betsy Wood Knapp and three Anderson alumni, including Aaron Hirschhorn (’12), founder and CEO of DogVacay, John Tabis (‘06), founder and CEO of The Bouqs, and Kelsey Doorey,(‘13), founder and CEO of Vow To Be Chic and 2013 first place Knapp winner.

In addition to evaluating each venture for quality, viability and chances of financial success, the judges grilled each team about their competition, pricing models, plans to engage business partners and customers, and more. The Knapps have been judging the competition every year since its inception. “I’m really pleased with this year’s presentations,” says Bud Knapp. “All five were excellent and I think it is an outstanding year of good ideas, good presentations, a lot of enthusiastic guys and gals – it was fun to watch. You can’t lose with a group like this.”

This year's Knapp Venture Competition winners are:

First Place - $15,000

•Kulisha is developing a new feed to increase yield in fish aquaculture based in Kenya. Its main value proposition comes from being able to deliver high quality feed developed locally for the local Kenyan Market.

Second Place - $7,500

Ariento provides affordable cybersecurity and IT services to small businesses that may lack the resources and expertise to protect themselves adequately.

Third Place (tie) - $2,500; People's Choice - $2,000

•GoodGaming provides any consumers with the opportunity to play with their favorite video game personality while supporting a good cause.

Third Place (tie)- $2,500

•Medville is an integrated online platform offering consulting services for patients seeking second medical opinions and references to medical professional seeking to treat them.

Third Place (tie)- $2,500

•R&D Brew Lab is Los Angeles’ first ‘open brewery’ where customers can brew their own beer without the homebrew hassle.

The Knapp Venture Competition is sponsored by Cleon T. (Bud) and Betsy Wood Knapp and the UCLA Anderson Harold and Pauline Price Center for Entrepreneurship & Innovation, and is hosted by the UCLA Anderson Entrepreneur Association. For more information, visit the website at http://bit.ly/1sesNDH.

About the Harold and Pauline Price Center for Entrepreneurship & Innovation

The Harold and Pauline Price Center for Entrepreneurship & Innovation is an internationally recognized leader in entrepreneurial education and research. With a distinguished faculty as its cornerstone, the Center oversees activities that advance the theory and practice of entrepreneurship as well as the related fields of technology and innovation, venture capital and private equity, and social enterprise. Well known for the impact of its outreach programs, the Price Center fosters a spirit of innovation in individuals, enhances the managerial capacity of organizations, and prepares entrepreneurial leaders who will provide significant, sustainable and economic value to society.

About UCLA Anderson School of Management

UCLA Anderson School of Management is among the leading business schools in the world, with faculty members globally renowned for their teaching excellence and research in advancing management thinking. Located in Los Angeles, gateway to the growing economies of Latin America and Asia and a city that personifies innovation in a diverse range of endeavors, UCLA Anderson's MBA, Fully-Employed MBA, Executive MBA, Global Executive MBA for Asia Pacific, Master of Financial Engineering, doctoral and executive education programs embody the school's Think In The Next ethos. Annually, some 1,800 students are trained to be global leaders seeking the business models and community solutions of tomorrow. Follow UCLA Anderson on Twitter at http://twitter.com/UCLAAnderson or on Facebook at http://www.facebook.com/uclaanderson.

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Contact Information

UCLA Anderson Office of Media Relations, (310) 206-7537, Media.relations@anderson.ucla.edu

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