May 5, 2015 10:07 PM
Students honored at Innovation-to-Market Competition
DURHAM - Six groups of students were recognized Tuesday for their participation in the Paul J. Holloway Prize Innovation-to-Market Competition.
In its 27th year, the competition celebrates new venture creation and entrepreneurship. Students are challenged to develop products or services and present their proposals to bring them to market.
A number of New Hampshire businesses have been born as a result of the competition, say organizers.
Michael Gingrich and his colleagues at LiquiNet hope to someday, perhaps, be one of those businesses. They work to solve the world water crisis using remote monitoring devices. The group was named a runner-up in the competition.
"Something I have learned the last couple moths about entrepreneurship is that the real successful entrepreneurs are the ones that just keep going at it," Gingrich said. "No matter what ups and downs you go through, it's the people who keep working at it that are the people who are going to be successful."
That kind of spirit is exactly what motivated Holloway and his wife, Anna, to start the prize competition. They said their son won in a similar competition when he was in college, and it changed his perspective. Continuing that excitement is what keeps them giving.
"The important thing is what it has been able to do for the students here," Holloway said. "When you see a student that comes up to you that has been out of school for three years, and they say, 'Mr. Holloway, I want to tell you, your competition changed my life,' that's what makes it worth it."
Bruce A. Cerullo, a Venture Partner with SV Life Sciences in Boston, was named the Holloway Entrepreneur of the Year during the ceremony, held at the Peter T. Paul College of Economics and Business.