{"id":34813,"date":"2020-05-07T18:00:58","date_gmt":"2020-05-07T22:00:58","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=34813"},"modified":"2020-05-08T11:07:18","modified_gmt":"2020-05-08T15:07:18","slug":"skidmore-business-competition-won-by-students-who-started-a-bakery-business","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2020\/05\/skidmore-business-competition-won-by-students-who-started-a-bakery-business\/","title":{"rendered":"Skidmore Business Competition Won By Students Who Started A Bakery Business"},"content":{"rendered":"
\"\"
Maya Ling, left, and Emily Egan won the Freirich Business Plan Competition at Skidmore College for the bakery business they created called Coven.
Courtesy Skidmore College<\/figcaption><\/figure>\n

Skidmore College student entrepreneurs were awarded more than $50,000 in prizes recently in the 10th anniversary Freirich Business Plan Competition.
\nFirst prize of $20,000 cash went to Maya Ling \u201820 and Emily Egan \u201820 for their bakery business, Coven.
\nSelf-described \u201cnatural leaders, entrepreneurs and doers,\u201d Ling and Egan met during their first year at Skidmore in the dining hall, where they bonded over their shared love of food, college officials said. They grew their passion into an herbal bakery and lifestyle brand that focuses on core values of quality local ingredients and community.
\nCoven baked goods are infused with herbs, flowers and spices. Current cookie flavors include rosemary dark chocolate, lavender orange, cardamom ginger and hibiscus black sesame. In addition to creating delicious treats, Coven also engages with customers on online platforms to share recipes, cooking tutorials and articles to \u201cgenerate a community excited about a healthy and fun lifestyle,\u201d said Egan.
\n\u201cWhen we decided to enter the competition, we could never have imagined that we would end up where we are now,\u201d said Ling. \u201cWe have never pursued something more ambitious, and have never felt more accomplished than we do now.\u201d
\nLing and Egan plan to move to Portland, Maine, after graduation and use the competition funds to start Coven Bakery, said college officials.
\nIzaak Cohen \u201820 took second place and $10,000 cash for Z\u2019s, a lifestyle accessories brand. Third prize of $5,000 went to Novilhelha Moleni \u201822 and Ha Linh Nguyen \u201822 for Natural Glow,\u202fa hair and beauty brand. Dylan Telano \u201823 received fourth place and $2,500 for VoyceMe, an online marketplace connecting unpublished writers with readers.
\n\u201cIn this highly unusual circumstance, virtual engagement allowed us to continue to recognize the incredibly hard work the students have put into this project,\u201d said\u202feconomics professor Roy\u202fRotheim, who is handing off his longtime role of competition coordinator to Cathy Hill, teaching professor of management and business.
\nFreirich\u202frecently\u202fannounced he will fund an endowment that will allow the competition to continue in perpetuity, pledging $500,000 toward the college\u2019s goal of a $1 million fund. Finals judge Rich Wartel has decided to join in that effort with a pledge of $100,000.
\n\u201cThe Business Plan Competition over the past 10 years has exceeded all of my expectations,\u201d\u202fFreirich said. \u201cI want every student who has ever dreamed about starting a business to have the opportunity at Skidmore.\u201d
\nIn addition to providing winning teams with cash prizes, the competition gives student entrepreneurs the opportunity to develop and improve their business ideas through workshops, coaching, mentorships, feedback and practice sessions.
\nThe experience begins each September with a call for entries and a series of workshops to help students prepare for semifinal presentations held in February. Over 60 percent of students who enter the competition are nonbusiness majors.
\nOver the past decade, more than 350 students representing 225 enterprises have participated in the program that Skidmore President Philip A. Glotzbach says \u201cexemplifies the entrepreneurial spirit at Skidmore.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Skidmore College student entrepreneurs were awarded more than $50,000 in prizes recently in the 10th anniversary Freirich Business Plan Competition. First prize of $20,000 cash went to Maya Ling \u201820 and Emily Egan \u201820 for their bakery business, Coven. Self-described \u201cnatural leaders, entrepreneurs and doers,\u201d Ling and Egan met during their first year at Skidmore […]<\/p>\n","protected":false},"author":196,"featured_media":34814,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-34813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"\r\nSkidmore Business Competition Won By Students Who Started A Bakery Business - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2020\/05\/skidmore-business-competition-won-by-students-who-started-a-bakery-business\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Skidmore Business Competition Won By Students Who Started A Bakery Business - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"Skidmore College student entrepreneurs were awarded more than $50,000 in prizes recently in the 10th anniversary Freirich Business Plan Competition. 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