Cal U senior Tyler Klenk’s proposal for using blockchain technology to help reduce deaths from opioid overdoses made him one of 14 finalists in the State System of Higher Education’s seventh annual contest.
A Clarion University student has won the $10,000 first place prize in the seventh
annual Student Business Plan Competition sponsored by Pennsylvania's State System
of Higher Education.
"Enhanced Visual," the system developed by graduating senior Logan Chernicky, a geology
and environmental geology dual-major at Clarion, allows construction site managers
to track the progress of their projects using drones and specialized computer software.
Amanda Layden, a senior at East Stroudsburg University, won the competition's second-place, $5,000 award with her plan for Organtick, a direct-to-consumer, all-natural tick repellent containing sunscreen protection.
Zachary Waldman and Nick Neely, from East Stroudsburg University, captured third place and a $2,500 award for developing Falchion Systems, a cybersecurity startup designed to help companies secure their computer networks and counter web-based social engineering attacks.
Cal U senior Tyler Klenk's proposal was one of 14 finalists in the business plan competition. His plan called for using a secured, decentralized database system known as blockchain technology to link the PA Prescription Drug Monitoring Program (PDMP) to other state prescription tracking systems, increasing its efficiency and promoting transparency.
The annual competition gives student entrepreneurs an opportunity to pitch their original business plans and to win funds to assist in the start-up or expansion of their businesses.
Students from all 14 State System universities were invited to participate in the competition in the fall. Nearly 200 students and student teams submitted their business ideas.
— Read the complete news release from Pennsylvania's State System of Higher Education