BEMIDJI, MN – April 24, 2013 – The IDEA Competition
announced the names of four 2013 winners on Wednesday, April 24
th at
the IDEA awards banquet held at the Ralph Engelstad Arena, Thief River
Falls.
Each winner receives $10,000 in
cash to advance their business idea, plus additional specialized technical
assistance.
The 2013 Winners are:
* Brian &
Coreen Berdahl, Red Lake Falls, for Spot-Knot – a fast,
easy, and economical on-the-spot slip knot tie device that is the only one of
its kind in the fishing industry.
* Dr. Jack V.
Lundbohm, Roseau, for Stand
Alone Game Calls – an elk hunting call that allows an elk hunter to hunt alone
while remotely operating a call that is set up in a second location.
* Tim and Jenny
Slukynsky, Warroad, for Lamplighter Hockey – a hockey stick weight that overcomes the weaknesses
of other hockey stick training tools on the market today.
* Jerry Titera, Bagley, for Hubmaster Inc. – an innovative tool that
helps remove the tapered wheel hub from bobcat skidsteers for routine
maintenance and repair.
The main goal of the IDEA competition is to assist promising
local entrepreneurs in the commercialization of innovative products, processes
and deliveries by connecting them to the best resources available, along with
access to the capital it takes to launch a successful venture.
The IDEA Hall of Fame added Mark Larson, president and chief
operating officer of Digi-Key Corporation, and Ron Stordahl, founder and chief
executive officer of Digi-Key Corporation.
The IDEA Hall of Fame was established to recognize the accomplishments
of the region’s legacy innovators—those within the region who have inspired
others with their entrepreneurial vision, leadership and achievement.
In the previous three years, 17 innovators from throughout
northwestern Minnesota have
received IDEA awards. Their combined economic
impact includes:
•
High
potential innovations identified, funded, and assisted: seventeen
• Jobs
created or retained as a result: forty-two
• Job
creation projections: fifty or more
• Total
combined sales revenues: more than $5 million
• Number of
loans approved: thirteen
IDEA sponsors are 360◦ Manufacturing and Applied Engineering
Center of Excellence, Arvig, Bremer Bank of Crookston and Warren,
Leonard Street and Deinard,
Northwest Minnesota Foundation, Headwaters Regional Development Commission, Northwest
Regional Small Business
Development Center,
and University of Minnesota
Crookston.
IDEA was made possible through a generous grant from the Blandin
Foundation.