$7500 Each to Tesorio and Take Command Health

By Nadine Kavanaugh, Associate Director, Wharton Entrepreneurship

The spring is an action-packed time for Wharton Entrepreneurship. The Venture Finals capped another exciting year of our Business Plan Competition, the Wharton Venture Award was given out, and a new class of Venture Initiation Program members was admitted.

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One of our most prestigious and impactful awards is also granted in the spring: the Emil K. Woods Award. In order to qualify for this $7500 award, student entrepreneurs must first be members of our educational incubator, the Venture Initiation Program. They also must have already received a $2500 Snider Seed Award and then have gone on to exhibit over the past academic year significant growth in their ventures. The Woods Award is intended to support them significantly as they formally launch their businesses. The award is both a recognition of the hard work that students have put into venture development and a vote of confidence in the future of these promising entrepreneurs and their ventures

We are very proud to announce the two winners of the 2015 Woods Award:

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Take Command Health, founded by Jack Hooper WG’14, Matt McPhail EE’15, and Angela Frisham, is a simple, guided interview (like Turbo Tax) that empowers individuals to make data-driven health insurance decisions and save money with better coverage.

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Tesorio, founded by Carlos Vega C’03/WG’14 and Fabio Fleitas Eng’16, connects buyers and suppliers to meet their working capital goals through innovative, mutually beneficial self-financing solutions.