The maker of a web application that helps students find college scholarships has won a business competition chaired by Under Armour CEO Kevin Plank.
Scholly, founded by Drexel University student Christopher Gray, took the top prize at this year's Cupid's Cup Business Competition on Wednesday at the University of Maryland in College Park. Gray won $75,000 in cash and in-kind services and guidance from companies and business leaders.
Plank, a Maryland graduate, and the Dingman Center for Entrepreneurship at the Robert H. Smith School of Business have held the international event for undergraduate and graduate students and recent grads each year for a decade to encourage entrepreneurship.
Plank and other judges , including "Shark Tank" star Daymond John and Neiman Marcus CEO Karen Katz, chose from six finalists who had been narrowed down from a dozen semifinalists. That group made presentations at Under Armour's Locust Point headquarters last month.
GudNeSs Bar, a startup out of Duke University School of Medicine that makes an iron-rich nutrition bar to overcome anemia in India, won the $20,000 second-place prize. The $5,000 third-place prize went to SnappyScreen Inc., makers of a touchless sunscreen application system started by a Cornell University student.
A Maryland fitness startup, Gym Supreme, which makes the Mega Bar home gym system, won a $5,000 audience choice award.