Four Chicago startups with ties to DePaul pitched their purpose-driven businesses in the Coleman Entrepreneurship Center’s second annual Purpose Pitch Competition May 3.
Held at 1871, Chicago’s tech business incubator, the competition was a unique pitch session where founders had five minutes to present their startups’ purposes instead of pitching investors on its profit-making potential. Each company had at least one student, alumnus or employee in its leadership team. The four companies split the $25,000 in award money and were recognized as the “Most Purposeful Startups in Chicago.”
"I love seeing the commitment that our students and alumni have to make a difference in the world," says Bruce Leech, executive director of the Coleman Entrepreneurship Center. "I look forward to this event every year to see what kind of causes in this world people are embracing to solve.”
The four startups competing for the top prize were:
- Universala Esports. Esteban Perez, a Driehaus student, is planning to create a community-centered business with the goal of providing e-sports centers for young people throughout Chicago and beyond.
- 10th Avenue Tea. Ann Foley (LAS ’99) is the co-founder and CEO of 10th Avenue Tea which delivers instant matcha tea powder in a patent-pending eco-friendly shaker bottle.
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The Furever Home Friends. Savy Leiser, a current DePaul student at the College of Liberal Arts and Social Sciences (LAS) , has developed a series of children’s books that tell the stories of real shelter dogs and teaches kids about social issues.
- AK Prosthetics. LAS student Adero Knott is looking to start a tech-driven prosthetic limb company that empowers people and builds confidence through customized and easily accessible prosthetics.
Learn more about DePaul’s entrepreneurship programs:
View a photo gallery to find out more, including which startup went home with the top prize.
![Eight judges at the Second Annual Purpose Pitch Competition Hosted by the Coleman Center](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4467.jpg)
The judges graded each pitch on the strength of the purpose, the strength of the business model, the difference they would make in the life of their customers and the overall presentation.
![Misty Johanson, dean of the Driehaus College of Business, kicked off the event welcoming the audience and encouraging DePaul entrepreneurs to pursue their ventures with purpose as well as passion.](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4498.jpg)
Misty Johanson, dean of the Driehaus College of Business, kicked off the event welcoming the audience and encouraging DePaul entrepreneurs to pursue their ventures with purpose as well as passion.
![Keynote speaker Syed Khalid is a physician, scientist, inventor, author and entrepreneur whose passion and purpose is to meaningfully improve healthcare and the outcomes of its delivery.](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4514.jpg)
Keynote speaker Syed Khalid is a physician, scientist, inventor, author and entrepreneur whose passion and purpose is to meaningfully improve healthcare and the outcomes of its delivery.
![DePaul student Savy Leiser presents Furever Home Friends](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4530.jpg)
Furever Home Friends teaches kids about social issues like prejudice, discrimination, body image, homelessness and abuse. It also connects kids emotionally with animals and help dogs in need.
![Business student Esteban Perez presents his business Universala Esports](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4560.jpg)
Universala Esports centers used video games to help youths develop transferable skills,including critical thinking, data analysis, emotional intelligence, team building strategy and risk management.
![DePaul student Adero Knott presents her business AK Prosthetics.](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4567.jpg)
AK Prosthetics will provide prosthetic limbs and hi-tech solutions for users via augmented reality prosthetic limb simulation, 3D Scanners, 3D Printers and other services.
![Ann Foley (LAS ’99) presents her business, 10th Avenue Tea.](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4590.jpg)
10th Avenue Tea delivers instant matcha tea powder in an innovative shaker bottle. The bottle has 45 servings in it and can be recycled when done, so there is no packaging waste.
![DePaul alumna Ann Foley was named winner of the Purpose Pitch Competition and took home $15,000.](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4636.jpg)
Ann Foley (LAS ’99) won first prize, taking home $15,000. She accepts the award with her family.
![Purpose Pitch participants: Savy Leiser, Esteban Perez, Ann Foley and Adero Knott.](/news-events/PublishingImages/201805/Purpose Pitch Competition/DSC_4638.jpg)
There competition attracted 56 entries from students, faculty, staff and alumni. They represented colleges across the university.
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